MassMutual Private Wealth & Trust FSB Lowers Stock Position in Rollins, Inc. (NYSE:ROL)

MassMutual Private Wealth & Trust FSB lessened its position in shares of Rollins, Inc. (NYSE:ROL) by 3.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 99,723 shares of the business services provider’s stock after selling 3,246 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Rollins were worth $4,622,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Franklin Resources Inc. raised its stake in shares of Rollins by 54.7% during the 3rd quarter. Franklin Resources Inc. now owns 173,943 shares of the business services provider’s stock worth $8,725,000 after buying an additional 61,475 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in Rollins in the 3rd quarter worth $1,428,000. Westfield Capital Management Co. LP acquired a new position in Rollins during the third quarter worth $5,102,000. Intech Investment Management LLC lifted its holdings in Rollins by 13.7% during the third quarter. Intech Investment Management LLC now owns 661,997 shares of the business services provider’s stock valued at $33,484,000 after purchasing an additional 79,546 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of Rollins by 22.6% in the third quarter. JPMorgan Chase & Co. now owns 2,280,005 shares of the business services provider’s stock valued at $115,323,000 after purchasing an additional 420,399 shares during the period. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Insider Activity

In related news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the firm’s stock in a transaction dated 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 sale, the insider now directly owns 124,214 shares of the company’s stock, valued at approximately $6,195,794.32. This trade represents a 10.61 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 4.69% of the company’s stock.

Rollins Stock Up 0.2 %

NYSE ROL opened at $48.40 on Tuesday. The business’s fifty day simple moving average is $48.34 and its 200-day simple moving average is $48.94. 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 firm has a market cap of $23.44 billion, a PE ratio of 50.42 and a beta of 0.75. Rollins, Inc. has a 52 week low of $40.41 and a 52 week high of $52.16.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, October 23rd. The business services provider reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.01). Rollins had a return on equity of 38.67% and a net margin of 14.18%. The firm had revenue of $916.27 million for the quarter, compared to analysts’ expectations of $911.15 million. During the same period last year, the firm earned $0.28 earnings per share. Rollins’s revenue for the quarter was up 9.0% on a year-over-year basis. As a group, equities analysts anticipate that Rollins, Inc. will post 0.99 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on ROL shares. UBS Group upped their price target on shares of Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research report on Friday. Wells Fargo & Company raised their target price on Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research report on Monday, December 16th. StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Royal Bank of Canada restated an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a report on Monday, January 6th. Finally, Barclays initiated coverage on shares of Rollins in a report on Monday, November 4th. They set an “equal weight” rating and a $50.00 target price for the company. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $51.50.

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.