Apertura Capital Lowers stake in Servicemaster Global Holdings Inc (SERV)

Servicemaster Global Holdings Inc (SERV) : Apertura Capital reduced its stake in Servicemaster Global Holdings Inc by 25.0% during the most recent quarter end. The investment management company now holds a total of 60,000 shares of Servicemaster Global Holdings Inc which is valued at $2,301,000 after selling 20,000 shares in Servicemaster Global Holdings Inc , the firm said in a disclosure report filed with the SEC on Aug 9, 2016.Servicemaster Global Holdings Inc makes up approximately 3.33% of Apertura Capital’s portfolio.

Other Hedge Funds, Including , First Personal Financial Services added SERV to its portfolio by purchasing 627 company shares during the most recent quarter which is valued at $23,550. Servicemaster Global Holdings Inc makes up approx 0.01% of First Personal Financial Services’s portfolio.Washington Capital Management Inc reduced its stake in SERV by selling 29,829 shares or 70.8% in the most recent quarter. The Hedge Fund company now holds 12,300 shares of SERV which is valued at $461,373. Servicemaster Global Holdings Inc makes up approx 0.63% of Washington Capital Management Inc’s portfolio.Glenmede Trust Co Na reduced its stake in SERV by selling 12,281 shares or 2.27% in the most recent quarter. The Hedge Fund company now holds 529,103 shares of SERV which is valued at $19,846,654. Servicemaster Global Holdings Inc makes up approx 0.11% of Glenmede Trust Co Na’s portfolio. Quantbot Technologies Lp added SERV to its portfolio by purchasing 20,806 company shares during the most recent quarter which is valued at $785,843. Servicemaster Global Holdings Inc makes up approx 0.08% of Quantbot Technologies Lp’s portfolio.Wcg Management reduced its stake in SERV by selling 118,553 shares or 68.16% in the most recent quarter. The Hedge Fund company now holds 55,370 shares of SERV which is valued at $2,091,325. Servicemaster Global Holdings Inc makes up approx 2.44% of Wcg Management’s portfolio.

Servicemaster Global Holdings Inc closed down -0.51 points or -1.39% at $36.22 with 29,76,868 shares getting traded on Wednesday. Post opening the session at $36.83, the shares hit an intraday low of $35.83 and an intraday high of $36.975 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, Servicemaster Global Holdings Inc reported $0.67 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.65. The company had revenue of $747.00 million for the quarter, compared to analysts expectations of $768.05 million. The company’s revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.60 EPS.

Many Wall Street Analysts have commented on Servicemaster Global Holdings Inc. Shares were Reiterated by Piper Jaffray on Jun 14, 2016 to “Overweight” and Lowered the Price Target to $ 47 from a previous price target of $49 .

ServiceMaster Global Holdings Inc. is a holding company. The Company is a provider of residential and commercial services operating through a service network of more than 8000 company owned locations and franchise and license agreements. The Company’s services include termite and pest control home warranties disaster restoration janitorial residential cleaning furniture repair and home inspection. Its portfolio of brands includes Terminix American Home Shield ServiceMaster Restore ServiceMaster Clean Merry Maids Furniture Medic and AmeriSpec. The Company’s segments include Terminix American Home Shield and the Franchise Services Group. The Terminix segment is a provider of termite and pest control services. The American Home Shield segment is a provider of home warranty plans for household systems and appliances. The Franchise Services Group segment provides residential and commercial disaster restoration janitorial and cleaning services through franchises.

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