As Servicemaster Global Hldgs I (SERV) Stock Value Declined, Holder Marble Arch Investments LP Has Cut by $23.06 Million Its Position

March 14, 2018 - By Peter Erickson

Scott Mclellan decreased its stake in Servicemaster Global Hldgs I (SERV) by 14.07% based on its latest 2017Q3 regulatory filing with the SEC. Marble Arch Investments Lp sold 501,400 shares as the company’s stock declined 4.48% while stock markets rallied. The hedge fund run by Scott Mclellan held 3.06 million shares of the consumer services company at the end of 2017Q3, valued at $143.13M, down from 3.56 million at the end of the previous reported quarter. Marble Arch Investments Lp who had been investing in Servicemaster Global Hldgs I for a number of months, seems to be less bullish one the $6.85 billion market cap company. The stock decreased 0.45% or $0.23 during the last trading session, reaching $50.64. About 391,859 shares traded. ServiceMaster Global Holdings, Inc. (NYSE:SERV) has risen 0.99% since March 14, 2017 and is uptrending. It has underperformed by 15.71% the S&P500.

Analysts await ServiceMaster Global Holdings, Inc. (NYSE:SERV) to report earnings on April, 26. They expect $0.40 earnings per share, up 17.65 % or $0.06 from last year’s $0.34 per share. SERV’s profit will be $54.11M for 31.65 P/E if the $0.40 EPS becomes a reality. After $0.35 actual earnings per share reported by ServiceMaster Global Holdings, Inc. for the previous quarter, Wall Street now forecasts 14.29 % EPS growth.

More important recent ServiceMaster Global Holdings, Inc. (NYSE:SERV) news were published by: which released: “ServiceMaster Global Holdings’ (SERV) CEO Nikhil Varty on Q4 2017 Results …” on February 28, 2018, also published article titled: “ServiceMaster Global Holdings, Inc. Reports Fourth-Quarter and Full-Year 2017 …”, published: “See Inside: ServiceMaster readies for Monday move” on February 16, 2018. More interesting news about ServiceMaster Global Holdings, Inc. (NYSE:SERV) was released by: and their article: “Terminix hires commercial division president” with publication date: February 20, 2018.

ServiceMaster Global Holdings, Inc. (NYSE:SERV) Ratings Coverage

Among 11 analysts covering ServiceMaster (NYSE:SERV), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. ServiceMaster had 30 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Friday, November 3 by Nomura. Credit Suisse maintained the shares of SERV in report on Tuesday, August 1 with “Buy” rating. Oppenheimer initiated the shares of SERV in report on Tuesday, September 19 with “Buy” rating. On Tuesday, August 1 the stock rating was maintained by RBC Capital Markets with “Buy”. The company was downgraded on Monday, September 19 by Nomura. The stock has “Sector Perform” rating by RBC Capital Markets on Wednesday, August 5. The firm earned “Neutral” rating on Friday, March 11 by Robert W. Baird. The rating was upgraded by Instinet to “Buy” on Thursday, February 15. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, January 27. On Tuesday, December 22 the stock rating was upgraded by RBC Capital Markets to “Outperform”.

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