Trust Investment Advisors Buys New Position in Rollins, Inc. $ROL

Trust Investment Advisors bought a new stake in Rollins, Inc. (NYSE:ROL) during the second quarter, HoldingsChannel.com reports. The fund bought 3,655 shares of the business services provider’s stock, valued at approximately $206,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd bought a new position in Rollins in the second quarter valued at approximately $30,000. GW&K Investment Management LLC grew its stake in Rollins by 961.4% in the first quarter. GW&K Investment Management LLC now owns 605 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 548 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in Rollins by 75.8% in the first quarter. Geneos Wealth Management Inc. now owns 870 shares of the business services provider’s stock valued at $47,000 after purchasing an additional 375 shares in the last quarter. National Pension Service grew its stake in Rollins by 75.0% in the first quarter. National Pension Service now owns 1,078 shares of the business services provider’s stock valued at $58,000 after purchasing an additional 462 shares in the last quarter. Finally, HM Payson & Co. bought a new position in Rollins in the first quarter valued at approximately $63,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

Analysts Set New Price Targets

ROL has been the subject of a number of analyst reports. UBS Group raised their price target on Rollins from $59.00 to $61.00 and gave the company a “neutral” rating in a research note on Friday, July 25th. Zacks Research downgraded Rollins from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 13th. Piper Sandler lifted their target price on Rollins from $70.00 to $72.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. Weiss Ratings reiterated a “buy (b)” rating on shares of Rollins in a research note on Tuesday, October 14th. Finally, Barclays lifted their target price on Rollins from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Friday, July 25th. Eight research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $62.18.

Rollins Stock Performance

Shares of NYSE ROL opened at $56.20 on Tuesday. The company has a current ratio of 0.68, a quick ratio of 0.63 and a debt-to-equity ratio of 0.34. Rollins, Inc. has a 12 month low of $45.34 and a 12 month high of $59.12. The stock has a 50 day moving average of $56.89 and a 200-day moving average of $56.71. The company has a market capitalization of $27.23 billion, a P/E ratio of 55.64 and a beta of 0.69.

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.