Blair William & Co. IL Boosts Stake in Rollins, Inc. $ROL

Blair William & Co. IL boosted its holdings in Rollins, Inc. (NYSE:ROL) by 6.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,260,758 shares of the business services provider’s stock after acquiring an additional 136,269 shares during the quarter. Blair William & Co. IL’s holdings in Rollins were worth $135,691,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Cornerstone Planning Group LLC boosted its position in shares of Rollins by 528.4% during the 4th quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock worth $26,000 after purchasing an additional 354 shares in the last quarter. Board of the Pension Protection Fund purchased a new position in shares of Rollins in the 4th quarter valued at about $30,000. Torren Management LLC purchased a new position in shares of Rollins in the 4th quarter valued at about $36,000. Fideuram Asset Management Ireland dac acquired a new stake in shares of Rollins in the fourth quarter valued at about $43,000. Finally, Quarry LP lifted its stake in shares of Rollins by 155.2% in the fourth quarter. Quarry LP now owns 740 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 450 shares during the period. Institutional investors and hedge funds own 51.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on ROL. The Goldman Sachs Group restated a “buy” rating and set a $67.00 target price on shares of Rollins in a research report on Thursday, April 23rd. Sanford C. Bernstein downgraded shares of Rollins from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $70.00 to $52.00 in a research report on Friday, May 29th. Rothschild & Co Redburn set a $66.00 price target on Rollins and gave the stock a “buy” rating in a report on Monday, April 27th. Canaccord Genuity Group set a $51.00 price objective on Rollins and gave the company a “hold” rating in a research note on Friday, April 24th. Finally, Bank of America began coverage on Rollins in a report on Tuesday, February 17th. They set a “buy” rating and a $67.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, Rollins has an average rating of “Moderate Buy” and a consensus price target of $64.00.

Rollins Trading Down 0.2%

Shares of Rollins stock opened at $46.82 on Wednesday. Rollins, Inc. has a 1 year low of $44.43 and a 1 year high of $66.14. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.65 and a quick ratio of 0.59. The business has a 50 day moving average price of $52.25 and a 200 day moving average price of $57.00. The company has a market capitalization of $22.54 billion, a P/E ratio of 42.96, a P/E/G ratio of 2.89 and a beta of 0.73.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, April 22nd. The business services provider reported $0.24 EPS for the quarter, meeting analysts’ consensus estimates of $0.24. The firm had revenue of $906.42 million for the quarter, compared to analysts’ expectations of $895.17 million. Rollins had a return on equity of 38.37% and a net margin of 13.77%.Rollins’s quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.22 EPS. Sell-side analysts anticipate that Rollins, Inc. will post 1.24 EPS for the current fiscal year.

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Monday, May 11th were paid a dividend of $0.1825 per share. The ex-dividend date of this dividend was Monday, May 11th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.6%. Rollins’s dividend payout ratio (DPR) is presently 66.97%.

About Rollins

Rollins, Inc (NYSE: ROL) is a provider of pest and termite control services operating through a network of subsidiaries and franchises. Headquartered in Atlanta, Georgia, the company offers a broad range of pest management solutions for both residential and commercial customers, positioning itself as a specialist in protecting property and public health from pests and vectors.

Its service offerings include general pest control, termite inspection and treatment, bed bug remediation, mosquito and vector control, wildlife exclusion, and related specialty services.