Teacher Retirement System of Texas increased its holdings of shares of Terminix Global Holdings, Inc. (NYSE: TMX – Get a rating) by 3.0% in the first quarter, according to its latest filing with the SEC. The company held 24,861 shares of the technology company after acquiring an additional 714 shares during the quarter. Teacher Retirement System of Texas’ holdings in Terminix Global were worth $1,134,000 when it last filed with the SEC.
Other institutional investors have also recently increased or reduced their stake in the company. Signaturefd LLC increased its position in Terminix Global by 77.0% during the 1st quarter. Signaturefd LLC now owns 745 shares of the technology company worth $34,000 after acquiring 324 additional shares during the period. Lazard Asset Management LLC increased its position in Terminix Global by 1,424.2% during the 4th quarter. Lazard Asset Management LLC now owns 1,006 shares of the technology company worth $45,000 after acquiring 940 additional shares during the period. Sageworth Trust Co of South Dakota acquired a new position in Terminix Global during Q4 worth $58,000. First Horizon Advisors Inc. increased its position in Terminix Global by 66.0% during the 4th quarter. First Horizon Advisors Inc. now owns 1,338 shares of the technology company worth $61,000 after acquiring an additional 532 shares during the period. Finally, Point72 Hong Kong Ltd acquired a new position in Terminix Global during Q4 worth $75,000. Institutional investors and hedge funds own 97.75% of the company’s shares.
Analysts set new price targets
Separately, Morgan Stanley raised its price target on Terminix Global from $43.00 to $46.00 and gave the stock an “equal weight” rating in a Monday, Aug. 8 research note. Four research analysts gave the stock a hold rating and one issued the stock a buy rating. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $47.00.
Global Terminix Stock Up 0.6%
Shares of Terminix Global Stock opened at $45.07 on Wednesday. The stock’s fifty-day moving average is $42.18 and its 200-day moving average is $43.24. The company has a market capitalization of $5.48 billion, a PE ratio of 85.04 and a beta of 0.75. The company has a quick ratio of 1.20, a current ratio of 1.28 and a leverage ratio of 0.35. Terminix Global Holdings, Inc. has a 12-month low of $36.30 and a 12-month high of $48.69.
About Terminix Global
Terminix Global Holdings, Inc provides residential and commercial termite and pest control services. The company offers termite and pest control services, including termite remediation, annual termite inspection and prevention treatments with termite damage repair guarantees, periodic pest control, insulation, crawl space encapsulation, wildlife exclusion and disinfection services.
Get news and reviews for Terminix Global Daily – Enter your email address below to receive a concise daily summary of breaking news and analyst ratings for Terminix Global and related companies with MarketBeat.com’s free daily email newsletter.