Swiss National Bank Joins Growing List of Institutional Investors Boosting Rollins Holdings

The Swiss National Bank has increased its holdings in Rollins, Inc., a business services provider. According to its most recent SEC filing, the bank now owns 853,300 shares of the company's stock, which represents about 0.18% of Rollins' total value.

This is not an isolated instance, as several other hedge funds have also made significant changes to their positions in ROL. Norges Bank acquired a new stake in the company during the fourth quarter valued at approximately $244,669,000.

Rollins reported its second-quarter financial results on Wednesday, July 22nd, revealing that revenue rose 7.9% year over year to about $1.08 billion. However, adjusted earnings per share of $0.32 missed the consensus estimate of $0.34.