Janus Henderson Group PLC bought a new stake in shares of Rollins, Inc. (NYSE:ROL) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,593,944 shares of the business services provider’s stock, valued at approximately $64,889,000. Janus Henderson Group PLC owned about 0.73% of Rollins as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Tocqueville Asset Management L.P. grew its stake in shares of Rollins by 3.5% during the second quarter. Tocqueville Asset Management L.P. now owns 10,930 shares of the business services provider’s stock valued at $445,000 after buying an additional 373 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in shares of Rollins by 1.5% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 13,616 shares of the business services provider’s stock valued at $506,000 after buying an additional 202 shares during the last quarter. Banque Pictet & Cie SA grew its stake in shares of Rollins by 37.5% during the second quarter. Banque Pictet & Cie SA now owns 55,000 shares of the business services provider’s stock valued at $2,239,000 after buying an additional 15,000 shares during the last quarter. Advantus Capital Management Inc grew its stake in shares of Rollins by 3.1% during the first quarter. Advantus Capital Management Inc now owns 12,283 shares of the business services provider’s stock valued at $456,000 after buying an additional 371 shares during the last quarter. Finally, Pictet & Cie Europe SA grew its stake in shares of Rollins by 176.7% during the second quarter. Pictet & Cie Europe SA now owns 41,500 shares of the business services provider’s stock valued at $1,689,000 after buying an additional 26,500 shares during the last quarter. 37.33% of the stock is currently owned by hedge funds and other institutional investors.

Several research analysts recently issued reports on the company. Zacks Investment Research raised Rollins from a “hold” rating to a “buy” rating and set a $48.00 price objective on the stock in a research note on Saturday, July 29th. BidaskClub cut Rollins from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 23rd.

In related news, insider John F. Wilson sold 12,876 shares of Rollins stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of $44.60, for a total value of $574,269.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 56.30% of the stock is currently owned by company insiders.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, July 26th. The business services provider reported $0.25 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.25. Rollins had a net margin of 11.22% and a return on equity of 30.26%. The firm had revenue of $433.56 million during the quarter, compared to the consensus estimate of $436.81 million. During the same quarter last year, the firm earned $0.22 EPS. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis.

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Rollins Profile

Rollins, Inc is a service company, which operates in pest and termite control business segment. The Company, through its subsidiaries, provides its services to both residential and commercial customers in North America, Australia, and Europe with international franchises in Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, Canada, Australia, and Mexico.

Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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