Trimtabs Asset Management adds Rollins (ROL) to its portfolio

Rollins (ROL) : Trimtabs Asset Management added new position in Rollins during the most recent quarter end. The investment management firm now holds 56,175 shares of Rollins which is valued at $1,575,147 , the company said in a statement filed on Aug 1, 2016 with the SEC.Rollins makes up approximately 0.98% of Trimtabs Asset Management’s portfolio.

Other Hedge Funds, Including , Benedict Financial Advisors Inc boosted its stake in ROL in the latest quarter, The investment management firm added 1,270 additional shares and now holds a total of 24,935 shares of Rollins which is valued at $698,429. Rollins makes up approx 0.40% of Benedict Financial Advisors Inc’s portfolio.Louisiana State Employees Retirement System reduced its stake in ROL by selling 1,100 shares or 4.21% in the most recent quarter. The Hedge Fund company now holds 25,000 shares of ROL which is valued at $700,250. Rollins makes up approx 0.04% of Louisiana State Employees Retirement System’s portfolio.

Rollins closed down -0.43 points or -1.53% at $27.61 with 5,08,426 shares getting traded on Thursday. Post opening the session at $28.02, the shares hit an intraday low of $27.57 and an intraday high of $28.13 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Rollins reported $0.22 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $0.23. The company had revenue of $411.10 million for the quarter, compared to analysts expectations of $415.60 million. The company’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.21 EPS.

Investors should note that on Jul 26, 2016, Rollins announced a cash dividend of $0.1000. The company’s management has announced Aug 8, 2016 as the ex-dividend date and fixed the record date on Aug 10, 2016. The payable date has been fixed on Sep 9, 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.

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