Rollins, Inc. $ROL Shares Sold by DekaBank Deutsche Girozentrale

Key Points

• DekaBank Deutsche Girozentrale reduced its holdings in Rollins, Inc. by 3.2%, selling 11,821 shares in the second quarter, resulting in an ownership of 356,700 shares worth approximately $20 million.
• Rollins, Inc. reported earnings per share of $0.30 for the last quarter, exceeding the consensus estimate, with revenue up 12.1% year-over-year.
• Equities analysts have a mixed outlook on Rollins' stock, with a consensus target price of $62.18 and ongoing ratings ranging from "buy" to "hold."

DekaBank Deutsche Girozentrale trimmed its position in shares of Rollins, Inc. (NYSE:ROL - Free Report) by 3.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 356,700 shares of the business services provider's stock after selling 11,821 shares during the quarter. DekaBank Deutsche Girozentrale owned 0.07% of Rollins worth $20,049,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in Rollins by 3.0% during the first quarter. Vanguard Group Inc. now owns 34,736,543 shares of the business services provider's stock worth $1,876,815,000 after buying an additional 999,797 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in Rollins by 0.4% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 10,243,636 shares of the business services provider's stock worth $553,464,000 after buying an additional 38,503 shares in the last quarter. AMF Tjanstepension AB boosted its holdings in Rollins by 196.2% during the second quarter. AMF Tjanstepension AB now owns 3,542,898 shares of the business services provider's stock worth $199,937,000 after buying an additional 2,346,592 shares in the last quarter. Wellington Management Group LLP boosted its holdings in Rollins by 44.2% during the first quarter. Wellington Management Group LLP now owns 2,917,984 shares of the business services provider's stock worth $157,659,000 after buying an additional 894,731 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Rollins by 3.9% during the first quarter. Dimensional Fund Advisors LP now owns 2,617,940 shares of the business services provider's stock worth $141,424,000 after buying an additional 98,607 shares in the last quarter. Hedge funds and other institutional investors own 51.79% of the company's stock.

Rollins Stock Up 0.5%

Shares of NYSE ROL opened at $56.61 on Thursday. Rollins, Inc. has a 12-month low of $45.34 and a 12-month high of $59.12. The company has a market capitalization of $27.43 billion, a PE ratio of 56.05 and a beta of 0.69. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.63. The firm's 50-day moving average is $56.94 and its two-hundred day moving average is $56.54.

Rollins (NYSE:ROL - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The business services provider reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.01. The company had revenue of $999.53 million for the quarter, compared to the consensus estimate of $988.77 million. Rollins had a net margin of 13.70% and a return on equity of 36.96%. The company's revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.27 earnings per share. Equities analysts anticipate that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ROL has been the topic of a number of research analyst reports. Barclays boosted their price objective on shares of Rollins from $55.00 to $60.00 and gave the stock an "equal weight" rating in a report on Friday, July 25th. Piper Sandler boosted their price objective on shares of Rollins from $70.00 to $72.00 and gave the stock an "overweight" rating in a report on Friday, July 25th. Zacks Research downgraded shares of Rollins from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 13th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Rollins in a report on Tuesday, October 14th. Finally, UBS Group upped their price target on shares of Rollins from $59.00 to $61.00 and gave the company a "neutral" rating in a report on Friday, July 25th. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Rollins has an average rating of "Moderate Buy" and a consensus target price of $62.18.

Rollins 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.

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