Signaturefd LLC Cuts Stock Position in Rollins, Inc. (NYSE:ROL)

Signaturefd LLC lessened its stake in shares of Rollins, Inc. (NYSE:ROL) by 0.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 158,761 shares of the business services provider’s stock after selling 680 shares during the period. Signaturefd LLC’s holdings in Rollins were worth $8,030,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Quest Partners LLC bought a new position in shares of Rollins during the 2nd quarter valued at about $33,000. Ridgewood Investments LLC bought a new position in shares of Rollins during the 2nd quarter valued at about $34,000. Quent Capital LLC boosted its holdings in shares of Rollins by 43.9% during the 2nd quarter. Quent Capital LLC now owns 774 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 236 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of Rollins by 10,233.3% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 930 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 921 shares during the last quarter. Finally, Blue Trust Inc. boosted its holdings in shares of Rollins by 114.2% during the 2nd quarter. Blue Trust Inc. now owns 1,604 shares of the business services provider’s stock valued at $74,000 after purchasing an additional 855 shares during the last quarter. Institutional investors own 51.79% of the company’s stock.

Rollins Trading Down 0.7 %

NYSE:ROL traded down $0.37 during midday trading on Tuesday, hitting $49.47. 197,169 shares of the company traded hands, compared to its average volume of 1,687,176. The firm’s fifty day moving average is $49.93 and its 200-day moving average is $48.09. Rollins, Inc. has a 12-month low of $32.91 and a 12-month high of $51.96. The firm has a market capitalization of $23.96 billion, a P/E ratio of 53.02 and a beta of 0.70. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 0.41.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, July 24th. The business services provider reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. Rollins had a return on equity of 40.10% and a net margin of 14.23%. The company had revenue of $891.90 million for the quarter, compared to analyst estimates of $895.02 million. During the same quarter in the prior year, the firm posted $0.23 EPS. Rollins’s quarterly revenue was up 8.7% compared to the same quarter last year. On average, sell-side analysts predict that Rollins, Inc. will post 1 EPS for the current year.

Analyst Upgrades and Downgrades

ROL has been the subject of several research reports. StockNews.com raised shares of Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd. Royal Bank of Canada reissued an “outperform” rating and set a $52.00 price objective on shares of Rollins in a research note on Thursday, July 25th. Finally, Wells Fargo & Company boosted their price objective on Rollins from $54.00 to $56.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 15th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Rollins currently has a consensus rating of “Moderate Buy” and an average target price of $49.80.

Insiders Place Their Bets

In other Rollins news, insider Elizabeth B. Chandler sold 4,685 shares of the stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $50.49, for a total value of $236,545.65. Following the sale, the insider now owns 84,653 shares in the company, valued at $4,274,129.97. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Rollins news, insider Elizabeth B. Chandler sold 4,686 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $47.82, for a total value of $224,084.52. Following the sale, the insider now owns 95,023 shares in the company, valued at $4,543,999.86. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Elizabeth B. Chandler sold 4,685 shares of the stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $50.49, for a total value of $236,545.65. Following the completion of the sale, the insider now owns 84,653 shares in the company, valued at approximately $4,274,129.97. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 14,056 shares of company stock worth $698,347 over the last quarter. Company insiders own 4.69% of the company’s stock.

Rollins 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.