Linden Thomas Advisory Services LLC Trims Holdings in Rollins, Inc. $ROL

Linden Thomas Advisory Services LLC reduced its holdings in shares of Rollins, Inc. (NYSE:ROL) by 0.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,161 shares of the business services provider’s stock after selling 228 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in Rollins were worth $1,758,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. AG2R LA Mondiale Gestion D Actifs boosted its stake in shares of Rollins by 9.1% during the 2nd quarter. AG2R LA Mondiale Gestion D Actifs now owns 13,164 shares of the business services provider’s stock valued at $743,000 after buying an additional 1,101 shares during the last quarter. Focus Partners Advisor Solutions LLC raised its position in shares of Rollins by 46.3% during the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 6,075 shares of the business services provider’s stock valued at $343,000 after acquiring an additional 1,923 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in shares of Rollins by 6.4% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 701,840 shares of the business services provider’s stock valued at $39,598,000 after acquiring an additional 42,318 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Rollins during the 2nd quarter valued at approximately $30,000. Finally, Bleakley Financial Group LLC raised its position in shares of Rollins by 0.8% during the 2nd quarter. Bleakley Financial Group LLC now owns 94,077 shares of the business services provider’s stock valued at $5,308,000 after acquiring an additional 714 shares in the last quarter. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Rollins Price Performance

Shares of NYSE ROL opened at $56.65 on Friday. Rollins, Inc. has a 1-year low of $45.34 and a 1-year high of $59.12. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.63. The business’s fifty day moving average price is $56.91 and its two-hundred day moving average price is $56.66. The firm has a market capitalization of $27.45 billion, a PE ratio of 56.09 and a beta of 0.69.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, July 23rd. The business services provider reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.01. Rollins had a return on equity of 36.96% and a net margin of 13.70%.The firm had revenue of $999.53 million for the quarter, compared to analyst estimates of $988.77 million. During the same period last year, the company earned $0.27 earnings per share. The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. On average, research analysts expect that Rollins, Inc. will post 1.09 EPS for the current year.

Analyst Ratings Changes

ROL has been the topic of several research reports. UBS Group upped their price target on Rollins from $59.00 to $61.00 and gave the company a “neutral” rating in a research report on Friday, July 25th. JPMorgan Chase & Co. initiated coverage on Rollins in a research report on Friday, September 26th. They set an “overweight” rating and a $70.00 price target on the stock. Zacks Research lowered Rollins from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 13th. Barclays upped their price target on Rollins from $55.00 to $60.00 and gave the company an “equal weight” rating in a research report on Friday, July 25th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Rollins in a research report on Tuesday, October 14th. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $62.18.

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.