Stephens Inc. AR Sells 343 Shares of Rollins, Inc. $ROL

Stephens Inc. AR cut its position in Rollins, Inc. (NYSE:ROL) by 5.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,699 shares of the business services provider’s stock after selling 343 shares during the quarter. Stephens Inc. AR’s holdings in Rollins were worth $322,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in ROL. GW&K Investment Management LLC raised its stake in shares of Rollins by 961.4% in the first quarter. GW&K Investment Management LLC now owns 605 shares of the business services provider’s stock valued at $33,000 after buying an additional 548 shares during the period. Geneos Wealth Management Inc. raised its stake in shares of Rollins by 75.8% in the first quarter. Geneos Wealth Management Inc. now owns 870 shares of the business services provider’s stock valued at $47,000 after buying an additional 375 shares during the period. National Pension Service raised its stake in shares of Rollins by 75.0% in the first quarter. National Pension Service now owns 1,078 shares of the business services provider’s stock valued at $58,000 after buying an additional 462 shares during the period. HM Payson & Co. bought a new stake in shares of Rollins in the first quarter valued at $63,000. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Rollins in the second quarter valued at $77,000. 51.79% of the stock is currently owned by institutional investors.

Rollins Price Performance

Rollins stock opened at $56.65 on Monday. Rollins, Inc. has a 52 week low of $45.34 and a 52 week high of $59.12. The business has a 50-day simple moving average of $56.91 and a 200 day simple moving average of $56.69. The company has a quick ratio of 0.63, a current ratio of 0.68 and a debt-to-equity ratio of 0.34. The stock has a market cap of $27.45 billion, a price-to-earnings ratio of 56.09 and a beta of 0.69.

Analyst Upgrades and Downgrades

ROL has been the subject of several recent research reports. Barclays lifted their price target on Rollins from $55.00 to $60.00 and gave the company an “equal weight” rating in a research report on Friday, July 25th. Weiss Ratings reiterated a “buy (b)” rating on shares of Rollins in a research report on Tuesday, October 14th. Zacks Research cut Rollins from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 13th. Piper Sandler lifted their price target on Rollins from $70.00 to $72.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Finally, JPMorgan Chase & Co. initiated coverage on Rollins in a research report on Friday, September 26th. They issued an “overweight” rating and a $70.00 price target for the company. Eight investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, Rollins currently has a consensus rating of “Moderate Buy” and a consensus price target of $62.18.

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.