Rollins (NYSE:ROL) Upgraded at StockNews.com

Rollins (NYSE:ROL) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a report issued on Wednesday.

ROL has been the subject of several other research reports. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research note on Monday, January 6th. Wells Fargo & Company raised their price objective on shares of Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Barclays assumed coverage on shares of Rollins in a research note on Monday, November 4th. They issued an “equal weight” rating and a $50.00 price objective for the company. Morgan Stanley raised their price objective on shares of Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. Finally, UBS Group raised their price objective on shares of Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $52.00.

Rollins Trading Down 1.5 %

Shares of ROL stock opened at $49.96 on Wednesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.78 and a quick ratio of 0.72. The firm has a market cap of $24.19 billion, a PE ratio of 52.04 and a beta of 0.76. The company has a 50-day moving average of $48.13 and a two-hundred day moving average of $49.04. Rollins has a 1-year low of $40.76 and a 1-year high of $52.83.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. Rollins had a net margin of 14.18% and a return on equity of 38.67%. On average, analysts predict that Rollins will post 0.99 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Pacific Point Advisors LLC purchased a new position in Rollins in the fourth quarter worth approximately $1,290,000. Vise Technologies Inc. raised its holdings in Rollins by 18.1% during the fourth quarter. Vise Technologies Inc. now owns 5,954 shares of the business services provider’s stock worth $276,000 after purchasing an additional 912 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Rollins by 17.7% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,860,798 shares of the business services provider’s stock worth $86,248,000 after purchasing an additional 279,855 shares in the last quarter. Waverly Advisors LLC raised its holdings in Rollins by 70.4% during the fourth quarter. Waverly Advisors LLC now owns 8,868 shares of the business services provider’s stock worth $411,000 after purchasing an additional 3,664 shares in the last quarter. Finally, Woodline Partners LP acquired a new stake in Rollins during the fourth quarter worth approximately $782,000. Hedge funds and other institutional investors own 51.79% of the company’s stock.

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.