Rollins (NYSE:ROL) Rating Lowered to Hold at StockNews.com

Rollins (NYSE:ROL) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Tuesday.

ROL has been the topic of a number of other research reports. UBS Group reissued a “neutral” rating and set a $49.00 price target on shares of Rollins in a research report on Monday, April 15th. Morgan Stanley raised their target price on Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a report on Friday, April 26th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $47.00.

Rollins Trading Up 2.2 %

Shares of NYSE:ROL opened at $50.23 on Tuesday. The company has a market capitalization of $24.32 billion, a P/E ratio of 56.44, a P/E/G ratio of 3.72 and a beta of 0.70. Rollins has a 1 year low of $32.19 and a 1 year high of $50.31. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.72 and a quick ratio of 0.66. The business’s 50 day simple moving average is $47.16 and its 200 day simple moving average is $45.08.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.20. The business had revenue of $748.35 million for the quarter, compared to the consensus estimate of $739.12 million. Rollins had a return on equity of 37.73% and a net margin of 13.94%. The firm’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.18 earnings per share. On average, research analysts anticipate that Rollins will post 1 EPS for the current fiscal year.

Insider Activity

In other news, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction on Friday, April 26th. The stock was sold at an average price of $45.00, for a total value of $225,000.00. Following the completion of the transaction, the chief financial officer now directly owns 94,078 shares in the company, valued at approximately $4,233,510. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction on Friday, April 26th. The stock was sold at an average price of $45.00, for a total value of $225,000.00. Following the completion of the transaction, the chief financial officer now directly owns 94,078 shares in the company, valued at approximately $4,233,510. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jerry Jr. Gahlhoff sold 12,000 shares of the stock in a transaction on Friday, June 7th. The shares were sold at an average price of $47.20, for a total value of $566,400.00. Following the completion of the transaction, the chief executive officer now owns 288,671 shares of the company’s stock, valued at $13,625,271.20. The disclosure for this sale can be found here. In the last ninety days, insiders sold 20,331 shares of company stock worth $949,623. Insiders own 4.69% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Massmutual Trust Co. FSB ADV raised its position in Rollins by 6.2% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 103,282 shares of the business services provider’s stock worth $5,039,000 after purchasing an additional 6,000 shares during the last quarter. GAMMA Investing LLC grew its holdings in Rollins by 44.7% during the 2nd quarter. GAMMA Investing LLC now owns 5,778 shares of the business services provider’s stock worth $282,000 after acquiring an additional 1,785 shares during the period. Appleton Partners Inc. MA acquired a new stake in Rollins during the 2nd quarter worth about $957,000. EverSource Wealth Advisors LLC grew its holdings in Rollins by 5.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 6,181 shares of the business services provider’s stock worth $275,000 after acquiring an additional 323 shares during the period. Finally, DekaBank Deutsche Girozentrale grew its holdings in Rollins by 350.8% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 368,521 shares of the business services provider’s stock worth $17,118,000 after acquiring an additional 286,780 shares during the period. 51.79% of the stock is owned by institutional investors.

Rollins Company Profile

Rollins, Inc, through its subsidiaries, provides pest and wildlife control services to residential and commercial customers in the United States and internationally. The company offers pest control services to residential properties protecting from common pests, including rodents, insects, and wildlife.