Mutual of America Capital Management LLC Lowers Holdings in Rollins, Inc. $ROL

Mutual of America Capital Management LLC cut its position in Rollins, Inc. (NYSE:ROL) by 1.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,244 shares of the business services provider’s stock after selling 422 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Rollins were worth $1,819,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in ROL. Security Financial Services INC. grew its holdings in shares of Rollins by 3.2% during the 1st quarter. Security Financial Services INC. now owns 5,711 shares of the business services provider’s stock valued at $309,000 after purchasing an additional 178 shares during the last quarter. Red Spruce Capital LLC lifted its position in shares of Rollins by 1.2% in the 2nd quarter. Red Spruce Capital LLC now owns 15,875 shares of the business services provider’s stock worth $896,000 after purchasing an additional 182 shares during the period. Pittenger & Anderson Inc. lifted its position in shares of Rollins by 1.7% in the 1st quarter. Pittenger & Anderson Inc. now owns 13,135 shares of the business services provider’s stock worth $710,000 after purchasing an additional 214 shares during the period. Mowery & Schoenfeld Wealth Management LLC lifted its position in shares of Rollins by 9.2% in the 2nd quarter. Mowery & Schoenfeld Wealth Management LLC now owns 2,601 shares of the business services provider’s stock worth $147,000 after purchasing an additional 220 shares during the period. Finally, Horizon Investments LLC lifted its position in shares of Rollins by 5.8% in the 1st quarter. Horizon Investments LLC now owns 4,067 shares of the business services provider’s stock worth $219,000 after purchasing an additional 224 shares during the period. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Rollins Price Performance

Rollins stock opened at $56.65 on Friday. Rollins, Inc. has a 52-week low of $45.34 and a 52-week high of $59.12. The company has a market cap of $27.45 billion, a price-to-earnings ratio of 56.09 and a beta of 0.69. The company has a quick ratio of 0.63, a current ratio of 0.68 and a debt-to-equity ratio of 0.34. The firm’s fifty day moving average is $56.91 and its 200 day moving average is $56.66.

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

Analyst Ratings Changes

ROL has been the topic of several recent research reports. Zacks Research downgraded Rollins from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 13th. Barclays lifted their price target on shares of Rollins from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Friday, July 25th. JPMorgan Chase & Co. initiated coverage on shares of Rollins in a research report on Friday, September 26th. They set an “overweight” rating and a $70.00 target price for the company. Weiss Ratings restated a “buy (b)” rating on shares of Rollins in a research report on Tuesday, October 14th. Finally, Piper Sandler upped their price target on shares of Rollins from $70.00 to $72.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average 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.