Park Avenue Securities LLC Has $900,000 Stock Position in Rollins, Inc. (NYSE:ROL)

Park Avenue Securities LLC raised its stake in shares of Rollins, Inc. (NYSE:ROL) by 25.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 19,410 shares of the business services provider’s stock after purchasing an additional 3,956 shares during the quarter. Park Avenue Securities LLC’s holdings in Rollins were worth $900,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in ROL. Brooklyn Investment Group acquired a new stake in Rollins during the third quarter valued at approximately $28,000. True Wealth Design LLC lifted its position in shares of Rollins by 4,272.2% during the 3rd quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock worth $40,000 after buying an additional 769 shares during the period. Versant Capital Management Inc boosted its stake in Rollins by 57.8% in the 4th quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock valued at $41,000 after buying an additional 326 shares in the last quarter. Capital Performance Advisors LLP bought a new stake in Rollins in the third quarter valued at $52,000. Finally, Intact Investment Management Inc. acquired a new stake in shares of Rollins during the 3rd quarter worth about $71,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

Analysts Set New Price Targets

ROL has been the topic of several research analyst reports. UBS Group increased their target price on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a report on Friday, January 17th. Canaccord Genuity Group began coverage on shares of Rollins in a report on Tuesday, January 7th. They set a “hold” rating and a $48.00 price objective on the stock. StockNews.com downgraded Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Morgan Stanley raised their price target on Rollins from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 target price on shares of Rollins in a report on Monday, January 6th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $51.50.

Rollins Price Performance

Shares of ROL stock opened at $48.59 on Wednesday. The firm has a market capitalization of $23.53 billion, a price-to-earnings ratio of 50.61 and a beta of 0.75. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.34. The firm has a fifty day moving average of $48.34 and a 200-day moving average of $48.94. Rollins, Inc. has a 12-month low of $40.41 and a 12-month high of $52.16.

Rollins (NYSE:ROL) last released its earnings results on Wednesday, October 23rd. The business services provider reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.01). The firm had revenue of $916.27 million for the quarter, compared to the consensus estimate of $911.15 million. Rollins had a return on equity of 38.67% and a net margin of 14.18%. Rollins’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter last year, the company posted $0.28 EPS. On average, equities research analysts forecast that Rollins, Inc. will post 0.99 earnings per share for the current year.

Insider Transactions at Rollins

In other news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $49.88, for a total value of $735,730.00. Following the completion of the sale, the insider now owns 124,214 shares of the company’s stock, valued at approximately $6,195,794.32. This represents a 10.61 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 4.69% of the company’s stock.

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.