Xponance Inc. Sells 2,895 Shares of Rollins, Inc. (NYSE:ROL)

Xponance Inc. lowered its stake in Rollins, Inc. (NYSE:ROL) by 4.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 59,688 shares of the business services provider’s stock after selling 2,895 shares during the period. Xponance Inc.’s holdings in Rollins were worth $2,607,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of ROL. Operose Advisors LLC acquired a new position in Rollins in the 3rd quarter valued at about $47,000. First Horizon Advisors Inc. grew its stake in Rollins by 224.5% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,603 shares of the business services provider’s stock valued at $60,000 after buying an additional 1,109 shares during the last quarter. Blue Trust Inc. grew its stake in Rollins by 65.9% in the 4th quarter. Blue Trust Inc. now owns 1,453 shares of the business services provider’s stock valued at $63,000 after buying an additional 577 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in Rollins in the 3rd quarter valued at about $75,000. Finally, UniSuper Management Pty Ltd grew its position in shares of Rollins by 43.8% during the 3rd quarter. UniSuper Management Pty Ltd now owns 2,300 shares of the business services provider’s stock worth $86,000 after purchasing an additional 700 shares in the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Wall Street Analyst Weigh In

ROL has been the topic of a number of analyst reports. The Goldman Sachs Group initiated coverage on shares of Rollins in a research report on Tuesday, January 2nd. They set a “buy” rating and a $49.00 target price on the stock. UBS Group restated a “neutral” rating and set a $49.00 target price on shares of Rollins in a research report on Monday, April 15th. StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, April 17th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $52.00 target price on shares of Rollins in a research report on Thursday, February 15th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Rollins has a consensus rating of “Moderate Buy” and a consensus price target of $46.83.

Insider Buying and Selling

In related news, insider Traci Hornfeck sold 2,677 shares of the stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $43.48, for a total transaction of $116,395.96. Following the sale, the insider now owns 14,376 shares in the company, valued at approximately $625,068.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, insider Elizabeth B. Chandler sold 10,000 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total value of $410,500.00. Following the completion of the transaction, the insider now owns 99,709 shares of the company’s stock, valued at approximately $4,093,054.45. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Traci Hornfeck sold 2,677 shares of the stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $43.48, for a total transaction of $116,395.96. Following the completion of the transaction, the insider now directly owns 14,376 shares of the company’s stock, valued at approximately $625,068.48. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 22,824 shares of company stock worth $994,558. Corporate insiders own 4.69% of the company’s stock.

Rollins Stock Performance

NYSE ROL opened at $42.45 on Tuesday. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $20.57 billion, a price-to-earnings ratio of 48.24, a P/E/G ratio of 3.36 and a beta of 0.63. The firm’s 50 day simple moving average is $44.46 and its 200 day simple moving average is $41.99. Rollins, Inc. has a 1 year low of $32.19 and a 1 year high of $47.45.

Rollins (NYSE:ROL) last posted its quarterly earnings results on Wednesday, February 14th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.21. The business had revenue of $754.10 million for the quarter, compared to analyst estimates of $753.40 million. Rollins had a net margin of 14.15% and a return on equity of 35.97%. The firm’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same quarter last year, the business posted $0.17 EPS. As a group, research analysts expect that Rollins, Inc. will post 0.99 earnings per share for the current fiscal year.

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.