This afternoon we watched Rollins rise 1.8% to a price of $42.58 per share. The Large-Cap Commercial Services company is now trading -7.15% below its average target price of $45.86. Analysts have set target prices ranging from $35.0 to $52.0 per share for Rollins, and have given the stock an average rating of buy.
The stock has an average amount of shares sold short at 2.9%, and a short ratio of 4.33. The company's insiders own 42.57% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 53.3% of Rollins's shares being owned by this investor type.
Institutions Invested in Rollins
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-12-31 | Vanguard Group Inc | 7% | 32,231,567 | $1,372,420,181 |
| 2023-12-31 | Blackrock Inc. | 6% | 28,515,437 | $1,214,187,359 |
| 2023-12-31 | Apg Asset Management N.V. | 4% | 19,753,522 | $841,105,002 |
| 2023-12-31 | State Street Corporation | 3% | 12,709,939 | $541,189,225 |
| 2023-12-31 | Kayne Anderson Rudnick Investment Management LLC | 2% | 9,434,256 | $401,710,637 |
| 2023-12-31 | Select Equity Group, Inc. | 2% | 8,734,465 | $371,913,535 |
| 2023-12-31 | Geode Capital Management, LLC | 1% | 6,499,295 | $276,739,993 |
| 2023-12-31 | Norges Bank Investment Management | 1% | 5,881,877 | $250,450,333 |
| 2023-12-31 | Invesco Ltd. | 1% | 3,539,203 | $150,699,270 |
| 2023-12-31 | Morgan Stanley | 1% | 3,437,551 | $146,370,927 |
Besides an analyst consensus of some upside potential, other market factors point to there being positive market sentiment on Rollins.
