Servicemaster Global Hldgs I (SERV) Stock Rose While Ifrah Financial Services Has Lowered Its Stake; Cubic Asset Management Has Raised Patterson Cos (PDCO) Position by $444,000

Patterson Companies, Inc. (NASDAQ:PDCO) Logo

Cubic Asset Management Llc increased its stake in Patterson Cos Inc (PDCO) by 70.71% based on its latest 2018Q3 regulatory filing with the SEC. Cubic Asset Management Llc bought 18,500 shares as the company’s stock declined 5.37% with the market. The institutional investor held 44,665 shares of the health care company at the end of 2018Q3, valued at $1.09M, up from 26,165 at the end of the previous reported quarter. Cubic Asset Management Llc who had been investing in Patterson Cos Inc for a number of months, seems to be bullish on the $2.11B market cap company. The stock decreased 0.47% or $0.11 during the last trading session, reaching $22.58. About 249,427 shares traded. Patterson Companies, Inc. (NASDAQ:PDCO) has declined 35.98% since February 13, 2018 and is downtrending. It has underperformed by 35.98% the S&P500. Some Historical PDCO News: 09/03/2018 – Signet, Patterson and Chesapeake Join MidCap 400; 05/04/2018 – The Klein Law Firm Reminds Investors of an Investigation Concerning Possible Violations of Federal Securities Laws by Patterson Companies, Inc; 13/03/2018 – PATTERSON COMPANIES INC – AUTHORIZED A NEW $500 MLN SHARE REPURCHASE PROGRAM AND DECLARED A QUARTERLY CASH DIVIDEND OF $0.26 PER SHARE; 13/03/2018 – PATTERSON COS. AUTHORIZES NEW $500M SHARE BUYBACK PROGRAM; 22/05/2018 – Patterson Companies Named to Fortune 500 List for Second Consecutive Year; 13/03/2018 – Patterson Companies Elects Robert C. Frenzel to Bd of Directors; 17/04/2018 – The Klein Law Firm Announces Commencement of a Class Action Filed on Behalf of Patterson Companies, Inc. Shareholders and a Lea; 23/05/2018 – Patterson’s Zurbay Subject to Noncompetition and Nonsolicitation Provisions During Employment, 24 Months Thereafter; 03/04/2018 – Robbins Arroyo LLP: Patterson Companies, Inc. (PDCO) Misled Shareholders According to a Recently Filed Class Action; 13/03/2018 – Patterson Cos: Frenzel Will Replace Sarena S. Lin

Ifrah Financial Services Inc decreased its stake in Servicemaster Global Hldgs I (SERV) by 33.44% based on its latest 2018Q3 regulatory filing with the SEC. Ifrah Financial Services Inc sold 4,845 shares as the company’s stock rose 2.97% while stock markets declined. The institutional investor held 9,644 shares of the consumer services company at the end of 2018Q3, valued at $598,000, down from 14,489 at the end of the previous reported quarter. Ifrah Financial Services Inc who had been investing in Servicemaster Global Hldgs I for a number of months, seems to be less bullish one the $5.40 billion market cap company. The stock increased 0.70% or $0.27 during the last trading session, reaching $39.76. About 477,694 shares traded. ServiceMaster Global Holdings, Inc. (NYSE:SERV) has risen 21.59% since February 13, 2018 and is uptrending. It has outperformed by 21.59% the S&P500. Some Historical SERV News: 01/05/2018 – SERVICEMASTER 1Q REV. $675M, EST. $664.2M; 19/04/2018 – DJ ServiceMaster Global Holdings Inc, Inst Holders, 1Q 2018 (SERV); 03/05/2018 – ServiceMaster Appoints Rex Tibbens as Pres and CEO of American Home Shield; 26/03/2018 – SERVICEMASTER GLOBAL HOLDINGS INC – STEVE HOCHHAUSER WILL SERVE AS INTERIM PRESIDENT OF AMERICAN HOME SHIELD; 01/05/2018 – ServiceMaster Global Raises FY18 Adj Ebitda View to $695M-$710M; 26/03/2018 – SERVICEMASTER PROVIDES UPDATE ON SPIN-OFF OF AMERICAN HOME; 01/05/2018 – SERVICEMASTER SEES FY REV. $3.09B TO $3.12B, EST. $3.06B; 01/05/2018 – ServiceMaster Global 1Q Adjusted Ebitda $141; 03/05/2018 – ServiceMaster Appoints Rex Tibbens as President and Chief Executive Officer of American Home Shield; 26/03/2018 – ServiceMaster: Steve Hochhauser Will Serve as Interim Pres of Amer Home Shield

More notable recent Patterson Companies, Inc. (NASDAQ:PDCO) news were published by: Nasdaq.com which released: “What’s in Store for Patterson Companies’ (PDCO) Q4 Earnings? – Nasdaq” on May 14, 2018, also Nasdaq.com with their article: “Ex-Dividend Reminder: Patterson Companies, Waddell & Reed Financial and Science Applications International – Nasdaq” published on January 08, 2019, Businesswire.com published: “Patterson Companies Announces Dental Leadership Appointment – Business Wire” on January 14, 2019. More interesting news about Patterson Companies, Inc. (NASDAQ:PDCO) were released by: Seekingalpha.com and their article: “Patterson to pay $28.3M to settle antitrust lawsuit – Seeking Alpha” published on October 01, 2018 as well as Nasdaq.com‘s news article titled: “Should Value Investors Pick Patterson Companies (PDCO) Stock? – Nasdaq” with publication date: November 30, 2018.

Cubic Asset Management Llc, which manages about $573.99M and $365.15 million US Long portfolio, decreased its stake in Pure Tech Health Plc by 176,957 shares to 278,043 shares, valued at $580,000 in 2018Q3, according to the filing.

Investors sentiment increased to 1.22 in Q3 2018. Its up 0.11, from 1.11 in 2018Q2. It improved, as 34 investors sold PDCO shares while 83 reduced holdings. 48 funds opened positions while 95 raised stakes. 91.24 million shares or 4.08% less from 95.11 million shares in 2018Q2 were reported. Balyasny Asset Limited Liability has invested 0.02% of its portfolio in Patterson Companies, Inc. (NASDAQ:PDCO). 900 were reported by Smithfield Trust Communications. Gamco Inc Et Al holds 0.34% or 2.08 million shares in its portfolio. Quantbot Tech Ltd Partnership holds 0.02% or 12,766 shares. Foundry Partners Limited Liability Company owns 18,410 shares. Macquarie Grp Inc Ltd reported 0% of its portfolio in Patterson Companies, Inc. (NASDAQ:PDCO). Ancora Advsr Ltd Liability Com stated it has 15,328 shares. Carroll Associate reported 35 shares or 0% of all its holdings. Kentucky Retirement reported 6,883 shares or 0.02% of all its holdings. Blackrock Inc holds 9.34 million shares or 0.01% of its portfolio. Renaissance Tech Limited holds 1.60M shares. Massmutual Trust Fsb Adv reported 0% stake. Moreover, Robeco Institutional Asset Mngmt Bv has 0% invested in Patterson Companies, Inc. (NASDAQ:PDCO) for 1,552 shares. Moreover, Fisher Asset Mgmt Ltd Liability Company has 0% invested in Patterson Companies, Inc. (NASDAQ:PDCO) for 106,596 shares. Laurion Mgmt Limited Partnership invested 0.01% in Patterson Companies, Inc. (NASDAQ:PDCO).

Among 19 analysts covering Patterson Companies Inc. (NASDAQ:PDCO), 3 have Buy rating, 5 Sell and 11 Hold. Therefore 16% are positive. Patterson Companies Inc. had 55 analyst reports since August 28, 2015 according to SRatingsIntel. The stock has “Sell” rating by Evercore on Thursday, March 1. The stock of Patterson Companies, Inc. (NASDAQ:PDCO) has “Buy” rating given on Wednesday, January 6 by Evercore. On Friday, August 28 the stock rating was maintained by William Blair with “Market Perform”. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, June 18. The firm has “Hold” rating given on Tuesday, November 21 by Piper Jaffray. UBS downgraded the shares of PDCO in report on Tuesday, July 11 to “Sell” rating. The firm earned “Neutral” rating on Thursday, October 6 by UBS. The stock has “Underweight” rating by Morgan Stanley on Wednesday, December 6. The stock of Patterson Companies, Inc. (NASDAQ:PDCO) earned “Hold” rating by Deutsche Bank on Friday, December 8. Robert W. Baird maintained it with “Neutral” rating and $49 target in Friday, August 26 report.

Analysts await ServiceMaster Global Holdings, Inc. (NYSE:SERV) to report earnings on February, 26. They expect $0.21 EPS, down 40.00% or $0.14 from last year’s $0.35 per share. SERV’s profit will be $28.49 million for 47.33 P/E if the $0.21 EPS becomes a reality. After $0.67 actual EPS reported by ServiceMaster Global Holdings, Inc. for the previous quarter, Wall Street now forecasts -68.66% negative EPS growth.

Among 14 analysts covering ServiceMaster (NYSE:SERV), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. ServiceMaster had 44 analyst reports since August 5, 2015 according to SRatingsIntel. As per Monday, June 26, the company rating was maintained by RBC Capital Markets. The rating was upgraded by Nomura on Thursday, February 15 to “Buy”. The firm earned “Sector Perform” rating on Tuesday, October 24 by RBC Capital Markets. Morgan Stanley downgraded the shares of SERV in report on Tuesday, October 2 to “Equal-Weight” rating. The firm earned “Reduce” rating on Monday, September 19 by Nomura. As per Monday, October 15, the company rating was maintained by Morgan Stanley. The stock has “Outperform” rating by Oppenheimer on Wednesday, May 2. The stock of ServiceMaster Global Holdings, Inc. (NYSE:SERV) has “Overweight” rating given on Wednesday, January 31 by Morgan Stanley. As per Tuesday, August 16, the company rating was maintained by Nomura. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, October 3.

Ifrah Financial Services Inc, which manages about $292.28 million and $282.92M US Long portfolio, upped its stake in Ishares Tr (CSJ) by 17,141 shares to 34,546 shares, valued at $1.79M in 2018Q3, according to the filing.

More recent ServiceMaster Global Holdings, Inc. (NYSE:SERV) news were published by: Gurufocus.com which released: “FrontDoor: Assessing the Growth Opportunity – GuruFocus.com” on January 19, 2019. Also Benzinga.com published the news titled: “Morgan Stanley Takes Neutral Stance On ServiceMaster (NYSE:SERV) After Frontdoor Spinoff – Benzinga” on October 02, 2018. Gurufocus.com‘s news article titled: “SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating ServiceMaster Global Holdings, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors – GuruFocus.com” with publication date: January 24, 2019 was also an interesting one.

Patterson Companies, Inc. (NASDAQ:PDCO) Institutional Positions Chart