56,175 Shares in Rollins Inc. (ROL) Acquired by TrimTabs Asset Management LLC
TrimTabs Asset Management LLC bought a new position in shares of Rollins Inc. (NYSE:ROL) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 56,175 shares of the company’s stock, valued at approximately $1,644,000.
Several other large investors have also modified their holdings of ROL. LS Investment Advisors LLC boosted its position in shares of Rollins by 73.5% in the second quarter. LS Investment Advisors LLC now owns 5,776 shares of the company’s stock worth $169,000 after buying an additional 2,446 shares during the last quarter. BB&T Corp purchased a new position in shares of Rollins during the second quarter worth approximately $216,000. S. Muoio & CO. LLC purchased a new position in shares of Rollins during the first quarter worth approximately $203,000. HBK Investments L P purchased a new position in shares of Rollins during the first quarter worth approximately $255,000. Finally, M&T Bank Corp boosted its position in shares of Rollins by 3.3% in the first quarter. M&T Bank Corp now owns 11,426 shares of the company’s stock worth $309,000 after buying an additional 363 shares during the last quarter. 35.59% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Rollins Inc. (NYSE:ROL) traded down 0.35% on Wednesday, reaching $28.16. The company had a trading volume of 302,223 shares. Rollins Inc. has a one year low of $23.69 and a one year high of $29.71. The company has a market capitalization of $6.15 billion, a PE ratio of 39.33 and a beta of 0.41. The company’s 50-day moving average is $28.76 and its 200-day moving average is $28.16.
Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, July 27th. The company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by $0.01. The firm had revenue of $411.10 million for the quarter, compared to analysts’ expectations of $415.60 million. Rollins had a net margin of 10.26% and a return on equity of 29.21%. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.21 earnings per share. Equities research analysts predict that Rollins Inc. will post $0.76 earnings per share for the current year.
A number of research analysts have recently commented on the company. Nomura increased their price target on Rollins from $30.00 to $32.00 and gave the company a “buy” rating in a research note on Wednesday, September 7th. Zacks Investment Research lowered Rollins from a “buy” rating to a “hold” rating in a research report on Tuesday, September 20th.
Rollins Company Profile
Rollins, Inc is a service company, which provides pest and termite control services. The Company operates in pest and termite control business segment. The Company, through its subsidiaries, provides its services to both residential and commercial customers in North America and Australia with international franchises in Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, and Mexico.
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