Rollins (NYSE:ROL) Rating Lowered to Hold at 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.

Several other equities research analysts also recently commented on ROL. Royal Bank of Canada reiterated an “outperform” rating and set a $52.00 price objective on shares of Rollins in a research note on Thursday, July 25th. Wells Fargo & Company began coverage on Rollins in a research report on Monday, August 12th. They set an “overweight” rating and a $54.00 price target for the company. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $47.83.

Rollins Stock Up 0.5 %

NYSE:ROL traded up $0.23 during mid-day trading on Tuesday, hitting $50.73. 1,014,649 shares of the company’s stock traded hands, compared to its average volume of 1,736,785. The company has a fifty day moving average of $49.31 and a 200 day moving average of $47.59. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.72 and a current ratio of 0.78. Rollins has a twelve month low of $32.19 and a twelve month high of $51.96. The company has a market capitalization of $24.56 billion, a P/E ratio of 57.00, a P/E/G ratio of 3.99 and a beta of 0.70.

Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, July 24th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.27. The firm had revenue of $891.90 million for the quarter, compared to the consensus estimate of $895.02 million. Rollins had a net margin of 14.23% and a return on equity of 40.10%. The company’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.23 earnings per share. On average, analysts forecast that Rollins will post 1 EPS for the current year.

Insider Transactions at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 4,686 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $47.82, for a total value of $224,084.52. Following the completion of the transaction, the insider now directly owns 95,023 shares of the company’s stock, valued at $4,543,999.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, insider Elizabeth B. Chandler sold 4,685 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $50.74, for a total transaction of $237,716.90. Following the sale, the insider now directly owns 89,338 shares in the company, valued at approximately $4,533,010.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Elizabeth B. Chandler sold 4,686 shares of the company’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $47.82, for a total value of $224,084.52. Following the completion of the transaction, the insider now directly owns 95,023 shares of the company’s stock, valued at approximately $4,543,999.86. The disclosure for this sale can be found here. Company insiders own 4.69% of the company’s stock.

Institutional Trading of Rollins

Several institutional investors have recently bought and sold shares of ROL. Cim LLC lifted its position in shares of Rollins by 2.0% during the 2nd quarter. Cim LLC now owns 26,260 shares of the business services provider’s stock valued at $1,321,000 after buying an additional 517 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in Rollins during the second quarter valued at $2,411,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Rollins by 23.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,444 shares of the business services provider’s stock valued at $168,000 after purchasing an additional 664 shares during the period. Scientech Research LLC purchased a new stake in shares of Rollins during the second quarter worth about $359,000. Finally, Lighthouse Investment Partners LLC acquired a new position in shares of Rollins during the 2nd quarter worth about $3,067,000. 51.79% of the stock is owned by institutional investors and hedge funds.

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.