Jane Street Group LLC raised its position in shares of Rollins, Inc. (NYSE:ROL) by 19.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,226 shares of the business services provider’s stock after acquiring an additional 1,153 shares during the period. Jane Street Group LLC’s holdings in Rollins were worth $259,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. CWM LLC boosted its holdings in Rollins by 782.7% during the second quarter. CWM LLC now owns 1,324 shares of the business services provider’s stock valued at $47,000 after acquiring an additional 1,174 shares during the period. Tompkins Financial Corp boosted its holdings in Rollins by 1,490.6% during the second quarter. Tompkins Financial Corp now owns 1,527 shares of the business services provider’s stock valued at $55,000 after acquiring an additional 1,431 shares during the period. Patten Group Inc. boosted its holdings in Rollins by 6.9% during the second quarter. Patten Group Inc. now owns 5,918 shares of the business services provider’s stock valued at $212,000 after acquiring an additional 380 shares during the period. Quantamental Technologies LLC boosted its holdings in Rollins by 70.9% during the second quarter. Quantamental Technologies LLC now owns 6,281 shares of the business services provider’s stock valued at $225,000 after acquiring an additional 2,605 shares during the period. Finally, Sunbelt Securities Inc. bought a new stake in Rollins during the second quarter valued at about $244,000. Institutional investors own 42.16% of the company’s stock.
A number of equities research analysts have issued reports on ROL shares. Zacks Investment Research upgraded shares of Rollins from a “sell” rating to a “hold” rating and set a $37.00 price target for the company in a report on Monday, July 29th. Royal Bank of Canada started coverage on shares of Rollins in a report on Tuesday. They set a “sector perform” rating and a $34.00 price target for the company. Finally, Stifel Nicolaus cut shares of Rollins from a “hold” rating to a “sell” rating and decreased their price target for the company from $36.50 to $25.00 in a report on Wednesday, June 26th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. Rollins presently has an average rating of “Hold” and a consensus target price of $35.87.
Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, July 24th. The business services provider reported $0.21 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.21. The business had revenue of $524.00 million during the quarter, compared to analyst estimates of $523.88 million. Rollins had a net margin of 11.99% and a return on equity of 31.43%. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.30 earnings per share. As a group, equities analysts forecast that Rollins, Inc. will post 0.72 earnings per share for the current year.
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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