Macquarie Group Ltd. bought a new position in shares of Rollins, Inc. (NYSE:ROL) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 4,800 shares of the business services provider’s stock, valued at approximately $173,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its position in shares of Rollins by 1.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 645,152 shares of the business services provider’s stock worth $39,147,000 after purchasing an additional 7,294 shares during the last quarter. Franklin Resources Inc. lifted its position in shares of Rollins by 47.3% during the 3rd quarter. Franklin Resources Inc. now owns 18,739 shares of the business services provider’s stock worth $1,138,000 after purchasing an additional 6,015 shares during the last quarter. Jefferies Group LLC purchased a new stake in shares of Rollins during the 3rd quarter worth $206,000. LPL Financial LLC lifted its position in shares of Rollins by 50.0% during the 3rd quarter. LPL Financial LLC now owns 39,964 shares of the business services provider’s stock worth $2,425,000 after purchasing an additional 13,323 shares during the last quarter. Finally, Deutsche Bank AG lifted its position in shares of Rollins by 44.6% during the 3rd quarter. Deutsche Bank AG now owns 338,169 shares of the business services provider’s stock worth $20,520,000 after purchasing an additional 104,231 shares during the last quarter. 39.84% of the stock is currently owned by institutional investors.
Shares of NYSE:ROL opened at $43.15 on Wednesday. Rollins, Inc. has a 12 month low of $32.08 and a 12 month high of $43.35. The firm has a market cap of $14.10 billion, a P/E ratio of 60.77 and a beta of 0.48.
Rollins (NYSE:ROL) last announced its quarterly earnings results on Wednesday, January 23rd. The business services provider reported $0.16 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.01). Rollins had a return on equity of 33.03% and a net margin of 12.72%. The company had revenue of $444.62 million for the quarter, compared to analyst estimates of $446.61 million. During the same quarter in the prior year, the business earned $0.10 earnings per share. Rollins’s revenue was up 7.2% compared to the same quarter last year. Analysts predict that Rollins, Inc. will post 0.77 earnings per share for the current fiscal year.
ROL has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of Rollins from a “sell” rating to a “hold” rating in a research note on Tuesday, December 18th. Nomura reiterated a “buy” rating and set a $46.00 price target on shares of Rollins in a research note on Monday, January 28th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company. Rollins has an average rating of “Hold” and an average target price of $39.00.
In related news, insider John F. Wilson sold 30,000 shares of Rollins stock in a transaction on Friday, March 15th. The shares were sold at an average price of $40.84, for a total transaction of $1,225,200.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 56.90% of the stock is owned by company insiders.
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Rollins, Inc, through its subsidiaries, provides pest and termite control services to residential and commercial customers. It offers protection against termite damage, rodents, and insects to homes and businesses, including hotels, food service establishments, food manufacturers, retailers, and transportation companies.
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