Rollins (NYSE:ROL) Stock Rating Lowered by StockNews.com

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

A number of other research analysts have also recently weighed in on ROL. UBS Group raised their price target on Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research report on Friday, January 17th. Canaccord Genuity Group started coverage on Rollins in a report on Tuesday, January 7th. They set a “hold” rating and a $48.00 target price on the stock. Royal Bank of Canada restated an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research report on Monday, January 6th. Morgan Stanley boosted their target price on shares of Rollins from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Thursday, December 12th. Finally, Wells Fargo & Company lifted their price target on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Rollins currently has a consensus rating of “Hold” and a consensus price target of $51.50.

Rollins Price Performance

Shares of NYSE:ROL opened at $50.07 on Tuesday. Rollins has a 52 week low of $40.41 and a 52 week high of $52.16. The company has a 50-day moving average price of $47.99 and a 200 day moving average price of $48.95. The company has a market cap of $24.25 billion, a P/E ratio of 52.16 and a beta of 0.76. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.34.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, meeting the consensus estimate of $0.23. Rollins had a net margin of 14.18% and a return on equity of 38.67%. Research analysts predict that Rollins will post 0.99 earnings per share for the current year.

Insider Activity at Rollins

In related news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the firm’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $49.88, for a total transaction of $735,730.00. Following the transaction, the insider now directly owns 124,214 shares in the company, valued at $6,195,794.32. This trade represents a 10.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 4.69% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. CWM LLC boosted its holdings in shares of Rollins by 74.5% during the third quarter. CWM LLC now owns 17,682 shares of the business services provider’s stock valued at $894,000 after acquiring an additional 7,549 shares during the period. Livforsakringsbolaget Skandia Omsesidigt boosted its position in shares of Rollins by 888.9% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,225 shares of the business services provider’s stock worth $112,000 after buying an additional 2,000 shares during the period. Exchange Traded Concepts LLC increased its position in Rollins by 157.7% in the 3rd quarter. Exchange Traded Concepts LLC now owns 10,028 shares of the business services provider’s stock valued at $507,000 after acquiring an additional 6,137 shares during the period. Koshinski Asset Management Inc. grew its stake in shares of Rollins by 10.5% in the third quarter. Koshinski Asset Management Inc. now owns 12,224 shares of the business services provider’s stock worth $618,000 after purchasing an additional 1,160 shares in the last quarter. Finally, Creative Planning raised its stake in shares of Rollins by 27.1% during the third quarter. Creative Planning now owns 23,169 shares of the business services provider’s stock valued at $1,172,000 after purchasing an additional 4,946 shares in the last quarter. 51.79% of the stock is currently owned by institutional investors.

About Rollins

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.