Weaver C. Barksdale Associates buys $2.4 Million stake in Rollins (ROL)

Rollins (ROL) : Weaver C. Barksdale Associates scooped up 88,669 additional shares in Rollins during the most recent quarter end , according to a recent disclosure to the SEC on Apr 5, 2016. The investment management firm now holds a total of 88,899 shares of Rollins which is valued at $2.4 Million.Rollins makes up approximately 1.80% of Weaver C. Barksdale Associates’s portfolio.

On the company’s financial health, Rollins reported $0.15 EPS for the quarter, based on the information available during the earnings call on Jan 27, 2016. Analyst had a consensus estimate of $0.15. The company had revenue of $362.50 million for the quarter, compared to analysts expectations of $359.41 million. The company’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.21 EPS.

Many Wall Street Analysts have commented on Rollins. Rollins was Downgraded by Sidoti to ” Neutral” on Mar 21, 2016. Rollins was Upgraded by Sidoti to ” Buy” on Jan 12, 2016.

Rollins closed down -0.15 points or -0.56% at $26.81 with 2,58,480 shares getting traded on Monday. Post opening the session at $27.13, the shares hit an intraday low of $26.79 and an intraday high of $27.31 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

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.