Quantinno Capital Management LP Sells 75,286 Shares of Rollins, Inc. $ROL
Quantinno Capital Management LP significantly reduced its stake in Rollins, Inc. (NYSE:ROL) by selling 75,286 shares, now holding 445,846 shares valued at $23.8 million. This comes as Rollins reported mixed quarterly results with revenue up but earnings missing estimates, and its stock trading significantly below its 12-month high. Analyst sentiment is currently "Hold" with an average price target of $48.71, and the company recently declared a quarterly dividend.
Why it matters
Attributed market update with source link for portfolio context.