Segantii Capital Management Ltd adds Rollins (ROL) to its portfolio

Rollins (ROL) : Segantii Capital Management Ltd added new position in Rollins during the most recent quarter end. The investment management firm now holds 50,000 shares of Rollins which is valued at $1.4 Million , the company said in a statement filed on May 12, 2016 with the SEC.Rollins makes up approximately 0.33% of Segantii Capital Management Ltd’s portfolio.

Other Hedge Funds, Including , Sg Americas Securities boosted its stake in ROL in the latest quarter, The investment management firm added 8,769 additional shares and now holds a total of 33,048 shares of Rollins which is valued at $901,219. Rollins makes up approx 0.01% of Sg Americas Securities’s portfolio.State Treasurer State Of Michigan boosted its stake in ROL in the latest quarter, The investment management firm added 400 additional shares and now holds a total of 37,539 shares of Rollins which is valued at $1 Million. Rollins makes up approx 0.01% of State Treasurer State Of Michigan’s portfolio. Checchi Capital Advisers added ROL to its portfolio by purchasing 671 company shares during the most recent quarter which is valued at $18,338.Parkwood boosted its stake in ROL in the latest quarter, The investment management firm added 2,812 additional shares and now holds a total of 19,093 shares of Rollins which is valued at $521,812. Rollins makes up approx 0.09% of Parkwood’s portfolio.Retirement Systems Of Alabama boosted its stake in ROL in the latest quarter, The investment management firm added 543 additional shares and now holds a total of 121,321 shares of Rollins which is valued at $3.3 Million. Rollins makes up approx 0.02% of Retirement Systems Of Alabama’s portfolio.

Rollins opened for trading at $27.62 and hit $27.72 on the upside on Friday, eventually ending the session at $27.59, with a gain of 0.51% or 0.14 points. The heightened volatility saw the trading volume jump to 4,40,182 shares. Company has a market cap of $6,034 M.

On the company’s financial health, Rollins reported $0.15 EPS for the quarter, based on the information available during the earnings call on Apr 27, 2016. Analyst had a consensus estimate of $0.15. The company had revenue of $352.74 million for the quarter, compared to analysts expectations of $345.31 million. The company’s revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.14 EPS.

Many Wall Street Analysts have commented on Rollins. Nomura Initiated Rollins on Apr 20, 2016 to “Buy”, Price Target of the shares are set at $31.Rollins was Downgraded by Sidoti to ” Neutral” on Mar 21, 2016.

Rollins Inc. is a service company which provides pest and termite control services. The Company through its wholly owned subsidiaries provides its services to both residential and commercial customers in North America with international franchises in Central America the Caribbean the Middle East Asia the Mediterranean Europe Africa and Mexico. The Company through its wholly owned subsidiaries Orkin LLC. HomeTeam Pest Defense Orkin Canada Western Pest Services The Industrial Fumigant Company Trutech LLC. Rollins Australia Waltham Services LLC. PermaTreat and Crane Pest Control among others operates in the pest and termite control segment. The Company’s wholly owned subsidiary Critter Control Inc. is a wild life control company. Orkin LLC. (Orkin) a wholly owned subsidiary of the Company is a pest and termite control company and provides services from over 400 locations. Western Pest Services (Western) is a pest control service company.

Leave a Reply

Rollins - Is it time to Sell?

Top Brokerage Firms are advising their investors on Rollins. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.