Securian Asset Management Inc. Sells 200 Shares of Rollins, Inc. $ROL

Securian Asset Management Inc. lowered its position in Rollins, Inc. (NYSE:ROL) by 1.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,575 shares of the business services provider’s stock after selling 200 shares during the period. Securian Asset Management Inc.’s holdings in Rollins were worth $822,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of ROL. AMF Tjanstepension AB grew its holdings in shares of Rollins by 196.2% in the second quarter. AMF Tjanstepension AB now owns 3,542,898 shares of the business services provider’s stock worth $199,937,000 after acquiring an additional 2,346,592 shares during the period. Zurich Insurance Group Ltd FI bought a new stake in shares of Rollins in the first quarter worth $59,073,000. Nuveen LLC bought a new stake in shares of Rollins in the first quarter worth $54,685,000. Vanguard Group Inc. grew its holdings in shares of Rollins by 3.0% in 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 acquiring an additional 999,797 shares during the period. Finally, Jacobs Levy Equity Management Inc. bought a new stake in shares of Rollins in the first quarter worth $50,547,000. Institutional investors own 51.79% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on ROL shares. JPMorgan Chase & Co. started coverage on Rollins in a report on Friday, September 26th. They issued an “overweight” rating and a $70.00 price objective for the company. Zacks Research lowered Rollins from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 13th. Weiss Ratings reissued a “buy (b)” rating on shares of Rollins in a report on Tuesday, October 14th. UBS Group boosted their price target on Rollins from $59.00 to $61.00 and gave the company a “neutral” rating in a report on Friday, July 25th. Finally, Piper Sandler boosted their price target on Rollins from $70.00 to $72.00 and gave the company an “overweight” rating in a report on Friday, July 25th. Eight investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $62.18.

Rollins Stock Performance

NYSE:ROL opened at $56.83 on Friday. The firm has a market capitalization of $27.54 billion, a PE ratio of 56.27 and a beta of 0.69. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.63 and a current ratio of 0.68. The stock has a 50-day simple moving average of $56.93 and a two-hundred day simple moving average of $56.58. Rollins, Inc. has a 52-week low of $45.34 and a 52-week high of $59.12.

Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, July 23rd. The business services provider reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.01. The firm had revenue of $999.53 million during the quarter, compared to analyst estimates of $988.77 million. Rollins had a return on equity of 36.96% and a net margin of 13.70%.The business’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.27 earnings per share. Analysts forecast that Rollins, Inc. will post 1.09 EPS for the current year.

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.