Rollins, Inc. (NYSE:ROL) Shares Acquired by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in Rollins, Inc. (NYSE:ROL) by 1.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,326 shares of the business services provider’s stock after acquiring an additional 515 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Rollins were worth $1,635,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Quest Partners LLC purchased a new position in shares of Rollins in the second quarter valued at $33,000. Ridgewood Investments LLC acquired a new stake in shares of Rollins during the second quarter worth approximately $34,000. Quent Capital LLC increased its stake in shares of Rollins by 43.9% in the second quarter. Quent Capital LLC now owns 774 shares of the business services provider’s stock worth $38,000 after buying an additional 236 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its holdings in Rollins by 10,233.3% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 930 shares of the business services provider’s stock valued at $45,000 after acquiring an additional 921 shares in the last quarter. Finally, Blue Trust Inc. grew its holdings in Rollins by 114.2% during the 2nd quarter. Blue Trust Inc. now owns 1,604 shares of the business services provider’s stock worth $74,000 after acquiring an additional 855 shares in the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Insider Transactions at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 4,685 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $50.49, for a total transaction of $236,545.65. Following the transaction, the insider now owns 84,653 shares of the company’s stock, valued at approximately $4,274,129.97. This trade represents a 0.00 % decrease in their position. The transaction 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 Rollins stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $50.49, for a total transaction of $236,545.65. Following the transaction, the insider now directly owns 84,653 shares in the company, valued at approximately $4,274,129.97. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Elizabeth B. Chandler sold 4,686 shares of the company’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $47.82, for a total value of $224,084.52. Following the completion of the sale, the insider now owns 95,023 shares of the company’s stock, valued at approximately $4,543,999.86. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 14,056 shares of company stock valued at $698,347. 4.69% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

ROL has been the topic of a number of recent analyst reports. StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research note on Wednesday, October 2nd. Wells Fargo & Company boosted their target price on shares of Rollins from $54.00 to $56.00 and gave the company an “overweight” rating in a research note on Tuesday, October 15th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 price objective on shares of Rollins in a research report on Thursday, July 25th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $49.80.

Rollins Stock Down 0.6 %

ROL stock opened at $49.84 on Tuesday. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.41. The firm’s 50-day simple moving average is $49.93 and its 200 day simple moving average is $48.09. The stock has a market cap of $24.14 billion, a PE ratio of 53.02 and a beta of 0.70. Rollins, Inc. has a fifty-two week low of $32.91 and a fifty-two week high of $51.96.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, July 24th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.27. Rollins had a return on equity of 40.10% and a net margin of 14.23%. The business had revenue of $891.90 million during the quarter, compared to the consensus estimate of $895.02 million. During the same period in the previous year, the firm posted $0.23 earnings per share. The business’s revenue was up 8.7% on a year-over-year basis. As a group, sell-side analysts predict that Rollins, Inc. will post 1 EPS for the current year.

About Rollins

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.