Wealth Enhancement Advisory Services LLC raised its stake in Rollins Inc. (NYSE:ROL) by 12.8% during the second quarter, Holdings Channel reports. The firm owned 47,165 shares of the company’s stock after buying an additional 5,339 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Rollins were worth $1,381,000 at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. LS Investment Advisors LLC increased 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 valued at $169,000 after buying an additional 2,446 shares during the period. S. Muoio & CO. LLC acquired a new position in shares of Rollins during the first quarter valued at $203,000. HBK Investments L P acquired a new position in shares of Rollins during the first quarter valued at $255,000. M&T Bank Corp increased 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 valued at $309,000 after buying an additional 363 shares during the period. Finally, Bank of Montreal Can acquired a new position in shares of Rollins during the second quarter valued at $427,000. Institutional investors own 35.59% of the company’s stock.
Shares of Rollins Inc. (NYSE:ROL) traded up 0.64% during midday trading on Tuesday, hitting $28.37. 77,447 shares of the stock were exchanged. The company has a market cap of $6.19 billion, a price-to-earnings ratio of 39.62 and a beta of 0.41. Rollins Inc. has a one year low of $23.69 and a one year high of $29.71. The firm has a 50 day moving average of $28.76 and a 200-day moving average of $28.15.
Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, July 27th. The company reported $0.22 EPS for the quarter, missing the Zacks’ consensus estimate of $0.23 by $0.01. Rollins had a return on equity of 29.21% and a net margin of 10.26%. The company had revenue of $411.10 million for the quarter, compared to analyst estimates of $415.60 million. During the same period in the prior year, the firm posted $0.21 earnings per share. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. Equities analysts expect that Rollins Inc. will post $0.76 EPS for the current year.
Several brokerages recently weighed in on ROL. Zacks Investment Research downgraded shares of Rollins from a “buy” rating to a “hold” rating in a report on Tuesday, September 20th. Nomura increased their price target on shares of Rollins from $30.00 to $32.00 and gave the stock a “buy” rating in a report on Wednesday, September 7th.
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.
Want to see what other hedge funds are holding ROL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rollins Inc. (NYSE:ROL).
Receive News & Ratings for Rollins Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rollins Inc. and related companies with MarketBeat.com's FREE daily email newsletter.