Rollins, Inc. (NYSE:ROL) Stake Boosted by We Are One Seven LLC

We Are One Seven LLC grew its stake in shares of Rollins, Inc. (NYSE:ROL) by 21.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,746 shares of the business services provider’s stock after purchasing an additional 2,833 shares during the quarter. We Are One Seven LLC’s holdings in Rollins were worth $536,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Man Group plc grew its holdings in Rollins by 1.8% in the 2nd quarter. Man Group plc now owns 32,773 shares of the business services provider’s stock worth $1,176,000 after buying an additional 571 shares in the last quarter. Riverbridge Partners LLC grew its holdings in Rollins by 2.0% in the 2nd quarter. Riverbridge Partners LLC now owns 2,096,058 shares of the business services provider’s stock worth $75,186,000 after buying an additional 40,222 shares in the last quarter. UBS Asset Management Americas Inc. grew its holdings in Rollins by 10.0% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 534,522 shares of the business services provider’s stock worth $19,173,000 after buying an additional 48,652 shares in the last quarter. Holocene Advisors LP grew its holdings in Rollins by 121.4% in the 2nd quarter. Holocene Advisors LP now owns 61,127 shares of the business services provider’s stock worth $2,193,000 after buying an additional 33,523 shares in the last quarter. Finally, Neo Ivy Capital Management grew its holdings in Rollins by 584.7% in the 2nd quarter. Neo Ivy Capital Management now owns 31,892 shares of the business services provider’s stock worth $1,144,000 after buying an additional 27,234 shares in the last quarter. 42.16% of the stock is owned by institutional investors.

A number of equities research analysts have weighed in on the company. Stifel Nicolaus downgraded Rollins from a “hold” rating to a “sell” rating and cut their target price for the stock from $36.50 to $25.00 in a research report on Wednesday, June 26th. Royal Bank of Canada assumed coverage on Rollins in a research report on Tuesday. They issued a “sector perform” rating and a $34.00 target price for the company. Finally, Zacks Investment Research upgraded Rollins from a “sell” rating to a “hold” rating and set a $37.00 target price for the company in a research report on Monday, July 29th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $35.87.

Shares of NYSE:ROL opened at $35.17 on Friday. Rollins, Inc. has a one year low of $31.36 and a one year high of $43.91. The stock has a fifty day moving average of $33.76 and a 200-day moving average of $36.63. The company has a market capitalization of $11.30 billion, a PE ratio of 49.54 and a beta of 0.34. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.73 and a current ratio of 0.77.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, July 24th. The business services provider reported $0.21 EPS for the quarter, meeting analysts’ consensus estimates of $0.21. Rollins had a return on equity of 31.43% and a net margin of 11.99%. The company had revenue of $524.00 million during the quarter, compared to the consensus estimate of $523.88 million. During the same quarter in the prior year, the firm earned $0.30 EPS. The company’s quarterly revenue was up 9.1% compared to the same quarter last year. As a group, research analysts forecast that Rollins, Inc. will post 0.72 EPS for the current fiscal year.

About Rollins

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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Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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