Rollins (ROL) Sets New 12-Month High and Low at $53.37

Rollins Inc. (NYSE:ROL) shares hit a new 52-week high and low during trading on Tuesday . The company traded as low as $53.37 and last traded at $53.46, with a volume of 424311 shares trading hands. The stock had previously closed at $52.64.

A number of brokerages recently commented on ROL. Zacks Investment Research raised shares of Rollins from a “hold” rating to a “buy” rating and set a $57.00 price objective on the stock in a research report on Saturday, January 27th. William Blair began coverage on shares of Rollins in a research report on Monday, January 29th. They set an “outperform” rating on the stock. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $47.67.

The stock has a market cap of $11,194.17, a P/E ratio of 61.67 and a beta of 0.22.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, January 24th. The business services provider reported $0.21 EPS for the quarter, beating the Zacks’ consensus estimate of $0.20 by $0.01. Rollins had a net margin of 10.70% and a return on equity of 29.76%. The firm had revenue of $414.70 million for the quarter, compared to the consensus estimate of $412.08 million. During the same period in the previous year, the firm posted $0.17 earnings per share. The firm’s revenue was up 7.5% on a year-over-year basis. research analysts expect that Rollins Inc. will post 1.13 EPS for the current fiscal year.

In other Rollins news, COO John F. Wilson sold 20,000 shares of Rollins stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $50.09, for a total value of $1,001,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 55.80% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Wells Fargo & Company MN lifted its stake in Rollins by 34.3% in the third quarter. Wells Fargo & Company MN now owns 155,766 shares of the business services provider’s stock valued at $7,187,000 after acquiring an additional 39,813 shares during the last quarter. California Public Employees Retirement System lifted its stake in Rollins by 4.2% in the fourth quarter. California Public Employees Retirement System now owns 361,193 shares of the business services provider’s stock valued at $16,806,000 after acquiring an additional 14,606 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. lifted its stake in Rollins by 113.1% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 8,323 shares of the business services provider’s stock valued at $384,000 after acquiring an additional 4,417 shares during the last quarter. OxFORD Asset Management LLP acquired a new stake in Rollins in the third quarter valued at approximately $521,000. Finally, New Mexico Educational Retirement Board acquired a new stake in Rollins in the fourth quarter valued at approximately $1,103,000. Hedge funds and other institutional investors own 38.14% of the company’s stock.

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About Rollins

Rollins, Inc, through its subsidiaries, provides pest and termite control services to residential and commercial customers. It offers protection against termite damage, rodents, and insects to homes and businesses, including hotels, food service establishments, food manufacturers, retailers, and transportation companies.

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