Rollins (NYSE:ROL) Downgraded by StockNews.com to Hold

Rollins (NYSE:ROL) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Tuesday.

A number of other equities research analysts also recently issued reports on the stock. UBS Group increased their target price on shares of Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research report on Friday, January 17th. Barclays began coverage on shares of Rollins in a research report on Monday, November 4th. They set an “equal weight” rating and a $50.00 price objective on the stock. Canaccord Genuity Group initiated coverage on shares of Rollins in a research note on Tuesday, January 7th. They issued a “hold” rating and a $48.00 price objective for the company. Royal Bank of Canada restated an “outperform” rating and set a $52.00 target price on shares of Rollins in a report on Monday, January 6th. Finally, Morgan Stanley upped their target price on Rollins from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $51.50.

Rollins Trading Up 0.3 %

Shares of ROL stock opened at $50.07 on Tuesday. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.34. The stock has a 50-day simple moving average of $47.99 and a 200 day simple moving average of $48.95. Rollins has a fifty-two week low of $40.41 and a fifty-two week high of $52.16. The stock has a market capitalization of $24.25 billion, a P/E ratio of 52.16 and a beta of 0.76.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, meeting analysts’ consensus estimates of $0.23. Rollins had a return on equity of 38.67% and a net margin of 14.18%. On average, sell-side analysts expect that Rollins will post 0.99 earnings per share for the current fiscal year.

Insider Activity

In related news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $49.88, for a total transaction of $735,730.00. Following the completion of the transaction, the insider now owns 124,214 shares in the company, valued at $6,195,794.32. This trade represents a 10.61 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 4.69% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Rollins

Several large investors have recently made changes to their positions in ROL. Brooklyn Investment Group bought a new stake in Rollins during the third quarter worth about $28,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Rollins in the fourth quarter valued at $29,000. Centricity Wealth Management LLC bought a new position in shares of Rollins in the fourth quarter valued at about $31,000. True Wealth Design LLC grew its holdings in Rollins by 4,272.2% during the 3rd quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock worth $40,000 after acquiring an additional 769 shares during the last quarter. Finally, Versant Capital Management Inc increased its position in Rollins by 57.8% in the 4th quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 326 shares in the last quarter. Institutional investors own 51.79% of the company’s stock.

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.