Servicemaster Global Hldgs I (SERV) Shareholder Hawk Ridge Management Has Increased Holding; As Credit Accep Mich (CACC) Stock Rose, Shareholder Cantillon Capital Management Has Decreased Position by $7.51 Million

May 18, 2018 - By Clifton Ray

ServiceMaster Global Holdings, Inc. (NYSE:SERV) Logo

William Von Mueffling decreased its stake in Credit Accep Corp Mich (CACC) by 6.38% based on its latest 2017Q4 regulatory filing with the SEC. Cantillon Capital Management Llc sold 23,261 shares as the company’s stock rose 1.15% while stock markets declined. The hedge fund run by William Von Mueffling held 341,504 shares of the consumer services company at the end of 2017Q4, valued at $110.47M, down from 364,765 at the end of the previous reported quarter. Cantillon Capital Management Llc who had been investing in Credit Accep Corp Mich for a number of months, seems to be less bullish one the $6.86B market cap company. The stock increased 3.13% or $10.72 during the last trading session, reaching $353.64. About 130,986 shares traded or 28.02% up from the average. Credit Acceptance Corporation (NASDAQ:CACC) has risen 74.80% since May 18, 2017 and is uptrending. It has outperformed by 63.25% the S&P500.

Hawk Ridge Management Llc increased its stake in Servicemaster Global Hldgs I (SERV) by 110.02% based on its latest 2017Q4 regulatory filing with the SEC. Hawk Ridge Management Llc bought 105,400 shares as the company’s stock declined 1.48% with the market. The institutional investor held 201,200 shares of the consumer services company at the end of 2017Q4, valued at $10.32M, up from 95,800 at the end of the previous reported quarter. Hawk Ridge Management Llc who had been investing in Servicemaster Global Hldgs I for a number of months, seems to be bullish on the $7.80B market cap company. The stock decreased 0.23% or $0.13 during the last trading session, reaching $57.63. About 397,532 shares traded. ServiceMaster Global Holdings, Inc. (NYSE:SERV) has risen 26.50% since May 18, 2017 and is uptrending. It has outperformed by 14.95% the S&P500.

Hawk Ridge Management Llc, which manages about $300.66M US Long portfolio, decreased its stake in Microstrategy Inc (NASDAQ:MSTR) by 41,800 shares to 110,550 shares, valued at $14.52 million in 2017Q4, according to the filing. It also reduced its holding in Shutterfly Inc (NASDAQ:SFLY) by 19,200 shares in the quarter, leaving it with 202,400 shares, and cut its stake in Forward Air Corp (NASDAQ:FWRD).

More news for ServiceMaster Global Holdings, Inc. (NYSE:SERV) were recently published by: Globenewswire.com, which released: “Factors of Influence in 2018, Key Indicators and Opportunity within Hasbro, Realty Income, The Hartford Financial …” on May 11, 2018. Benzinga.com‘s article titled: “ServiceMaster A Leader In ‘Recession-Resistant’ Pest Control, Buckingham Says In Positive Initiation” and published on May 10, 2018 is yet another important article.

Among 12 analysts covering ServiceMaster (NYSE:SERV), 10 have Buy rating, 0 Sell and 2 Hold. Therefore 83% are positive. ServiceMaster had 33 analyst reports since August 5, 2015 according to SRatingsIntel. Robert W. Baird maintained the stock with “Hold” rating in Tuesday, October 31 report. The firm has “Neutral” rating by Nomura given on Tuesday, August 16. RBC Capital Markets maintained it with “Sector Perform” rating and $39 target in Wednesday, August 5 report. The rating was maintained by RBC Capital Markets on Tuesday, August 1 with “Buy”. The stock has “Outperform” rating by Oppenheimer on Wednesday, May 2. The firm has “Overweight” rating by JP Morgan given on Thursday, April 20. Morgan Stanley maintained the stock with “Overweight” rating in Monday, October 23 report. The firm has “Overweight” rating given on Wednesday, February 28 by Morgan Stanley. Morgan Stanley maintained ServiceMaster Global Holdings, Inc. (NYSE:SERV) on Wednesday, May 2 with “Overweight” rating. The stock of ServiceMaster Global Holdings, Inc. (NYSE:SERV) earned “Buy” rating by Nomura on Wednesday, February 28.

Since February 5, 2018, it had 0 buys, and 3 selling transactions for $1.83 million activity. Another trade for 2,000 shares valued at $669,000 was sold by Booth Kenneth. Soave John S. had sold 2,500 shares worth $842,525.

Among 12 analysts covering Credit Acceptance Corp (NASDAQ:CACC), 1 have Buy rating, 6 Sell and 5 Hold. Therefore 8% are positive. Credit Acceptance Corp had 30 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Credit Acceptance Corporation (NASDAQ:CACC) has “Market Perform” rating given on Wednesday, August 26 by JMP Securities. The firm has “Underperform” rating by Credit Suisse given on Tuesday, October 31. The stock of Credit Acceptance Corporation (NASDAQ:CACC) earned “Hold” rating by BMO Capital Markets on Friday, October 6. JMP Securities downgraded the stock to “Market Underperform” rating in Wednesday, March 16 report. The stock of Credit Acceptance Corporation (NASDAQ:CACC) earned “Underperform” rating by Credit Suisse on Wednesday, July 27. The stock of Credit Acceptance Corporation (NASDAQ:CACC) has “Hold” rating given on Wednesday, January 31 by BMO Capital Markets. The rating was downgraded by Zacks on Tuesday, August 4 to “Buy”. Susquehanna initiated Credit Acceptance Corporation (NASDAQ:CACC) on Monday, January 23 with “Neutral” rating. The stock has “Buy” rating by Oppenheimer on Thursday, April 12. As per Tuesday, November 10, the company rating was upgraded by Compass Point.

Analysts await Credit Acceptance Corporation (NASDAQ:CACC) to report earnings on July, 30. They expect $6.48 EPS, up 24.14% or $1.26 from last year’s $5.22 per share. CACC’s profit will be $125.77M for 13.64 P/E if the $6.48 EPS becomes a reality. After $6.11 actual EPS reported by Credit Acceptance Corporation for the previous quarter, Wall Street now forecasts 6.06% EPS growth.

More recent Credit Acceptance Corporation (NASDAQ:CACC) news were published by: Nasdaq.com which released: “Credit Acceptance Announces First Quarter 2018 Earnings” on May 03, 2018. Also Globenewswire.com published the news titled: “Credit Acceptance Announces Increase of Revolving Secured Warehouse Facility” on May 10, 2018. Seekingalpha.com‘s news article titled: “Credit Acceptance’s (CACC) CEO Brett Roberts on Q1 2018 Results – Earnings Call Transcript” with publication date: May 04, 2018 was also an interesting one.

Investors sentiment increased to 1.04 in Q4 2017. Its up 0.01, from 1.03 in 2017Q3. It increased, as 18 investors sold CACC shares while 60 reduced holdings. 35 funds opened positions while 46 raised stakes. 12.84 million shares or 2.21% less from 13.13 million shares in 2017Q3 were reported. Fifth Third Bancshares holds 7 shares or 0% of its portfolio. 15,383 are held by Bnp Paribas Arbitrage Sa. Qs Investors Ltd Com holds 0% or 2 shares in its portfolio. Investmentaktiengesellschaft Fuer Langfristige Investoren Tgv has invested 5.36% of its portfolio in Credit Acceptance Corporation (NASDAQ:CACC). Sei Invests reported 100 shares. Goldman Sachs Grp Incorporated reported 0.01% stake. Fmr Ltd Company has invested 0% in Credit Acceptance Corporation (NASDAQ:CACC). Rafferty Asset Limited Com holds 2,440 shares or 0.01% of its portfolio. Dreman Value Management L L C has 1,643 shares. Moreover, Caxton Limited Partnership has 0.03% invested in Credit Acceptance Corporation (NASDAQ:CACC) for 1,915 shares. Schwab Charles Mngmt holds 0.02% or 78,372 shares in its portfolio. Covey Capital Advsr Llc owns 750 shares. Schaller Invest Group Inc reported 35,000 shares or 5.62% of all its holdings. 17,837 were accumulated by California State Teachers Retirement System. Guggenheim Cap Ltd holds 0% of its portfolio in Credit Acceptance Corporation (NASDAQ:CACC) for 1,102 shares.

Credit Acceptance Corporation (NASDAQ:CACC) Institutional Positions Chart

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