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

Xponance Inc. reduced its stake in shares of Rollins, Inc. (NYSE:ROL) by 4.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Treasurer of the State of North Carolina raised its holdings in Rollins by 14.9% during the third quarter. Treasurer of the State of North Carolina now owns 118,662 shares of the business services provider’s stock valued at $4,430,000 after buying an additional 15,393 shares in the last quarter. Caprock Group LLC acquired a new stake in shares of Rollins in the fourth quarter valued at about $1,617,000. Asset Management One Co. Ltd. grew its position in shares of Rollins by 17.7% in the fourth quarter. Asset Management One Co. Ltd. now owns 171,348 shares of the business services provider’s stock valued at $7,498,000 after purchasing an additional 25,709 shares during the last quarter. Crown Oak Advisors LLC acquired a new stake in shares of Rollins in the fourth quarter valued at about $9,547,000. Finally, Briaud Financial Planning Inc acquired a new stake in shares of Rollins in the third quarter valued at about $98,000. 51.79% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Rollins news, insider Elizabeth B. Chandler sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total transaction of $410,500.00. Following the completion of the transaction, the insider now owns 99,709 shares in the company, valued at $4,093,054.45. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Rollins news, insider Elizabeth B. Chandler sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total transaction of $410,500.00. Following the completion of the transaction, the insider now owns 99,709 shares in the company, valued at $4,093,054.45. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Kenneth D. Krause sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total transaction of $230,900.00. Following the transaction, the chief financial officer now owns 99,078 shares of the company’s stock, valued at approximately $4,575,422.04. The disclosure for this sale can be found here. Insiders sold a total of 22,824 shares of company stock worth $994,558 over the last quarter. Company insiders own 4.69% of the company’s stock.

Rollins Stock Down 0.1 %

ROL stock opened at $42.45 on Tuesday. Rollins, Inc. has a twelve month low of $32.19 and a twelve month high of $47.45. The company has a market cap of $20.57 billion, a PE ratio of 48.24, a price-to-earnings-growth ratio of 3.36 and a beta of 0.63. The business’s 50-day simple moving average is $44.46 and its 200 day simple moving average is $41.99. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.42.

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

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ROL. UBS Group reaffirmed a “neutral” rating and issued a $49.00 price target on shares of Rollins in a research report on Monday, April 15th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research report on Thursday, February 15th. StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, April 17th. Finally, The Goldman Sachs Group began coverage on Rollins in a research report on Tuesday, January 2nd. They issued a “buy” rating and a $49.00 price target on the stock. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Rollins presently has an average rating of “Moderate Buy” and an average price target of $46.83.

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.