Aware Super Pty Ltd as trustee of Aware Super Purchases New Position in Rollins, Inc. $ROL

Aware Super Pty Ltd as trustee of Aware Super acquired a new position in Rollins, Inc. (NYSE:ROL) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 618,994 shares of the business services provider’s stock, valued at approximately $33,060,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ROL. LRI Investments LLC boosted its holdings in Rollins by 8.7% in the fourth quarter. LRI Investments LLC now owns 2,293 shares of the business services provider’s stock worth $138,000 after purchasing an additional 183 shares in the last quarter. Sequoia Financial Advisors LLC increased its holdings in shares of Rollins by 1.1% during the 1st quarter. Sequoia Financial Advisors LLC now owns 16,365 shares of the business services provider’s stock valued at $874,000 after acquiring an additional 183 shares during the last quarter. IFM Investors Pty Ltd increased its holdings in shares of Rollins by 0.3% during the 1st quarter. IFM Investors Pty Ltd now owns 57,895 shares of the business services provider’s stock valued at $3,092,000 after acquiring an additional 185 shares during the last quarter. New Mexico Educational Retirement Board raised its stake in shares of Rollins by 1.6% in the 4th quarter. New Mexico Educational Retirement Board now owns 12,875 shares of the business services provider’s stock valued at $773,000 after acquiring an additional 200 shares in the last quarter. Finally, Inspire Investing LLC raised its stake in shares of Rollins by 3.9% in the 4th quarter. Inspire Investing LLC now owns 5,457 shares of the business services provider’s stock valued at $328,000 after acquiring an additional 203 shares in the last quarter. Institutional investors own 51.79% of the company’s stock.

Rollins Stock Performance

ROL opened at $45.41 on Friday. The firm has a market capitalization of $21.87 billion, a P/E ratio of 41.67, a price-to-earnings-growth ratio of 2.68 and a beta of 0.75. The stock’s 50 day moving average price is $47.38 and its two-hundred day moving average price is $54.45. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 0.35. Rollins, Inc. has a 12-month low of $41.50 and a 12-month high of $66.14.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $0.24 EPS for the quarter, hitting analysts’ consensus estimates of $0.24. Rollins had a return on equity of 38.37% and a net margin of 13.77%.The company had revenue of $906.42 million during the quarter, compared to analyst estimates of $895.17 million. During the same period in the previous year, the company earned $0.22 earnings per share. The company’s quarterly revenue was up 10.2% compared to the same quarter last year. On average, equities analysts forecast that Rollins, Inc. will post 1.25 earnings per share for the current year.

Rollins Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Monday, May 11th were given 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 yield of 1.6%. Rollins’s payout ratio is 66.97%.

Rollins News Roundup

Here are the key news stories impacting Rollins this week:

• Neutral Sentiment: Most of the news items are unrelated to Rollins, Inc. and instead cover WWE’s Seth Rollins, political commentary from Brooke Rollins, or USDA-related remarks from a person named Rollins, which should have little direct impact on the company’s fundamentals.
• Positive Sentiment: An earnings-related note says Rollins, Inc. is set to announce results soon, which can support investor interest as traders position ahead of the report. Rollins (ROL) to Announce Earnings on Wednesday
• Neutral Sentiment: One article mentions Brooke Rollins discussing high fertilizer costs and rebuilding U.S. manufacturing, but this is a policy/economic discussion rather than a direct update on Rollins, Inc. Brooke Rollins on combating high fertilizer costs and rebuilding US manufacturing
• Neutral Sentiment: Other headlines reference USDA comments on SNAP fraud, farm aid negotiations, and cyclosporiasis, which are policy topics that do not appear to change the outlook for Rollins, Inc. directly.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on ROL shares. UBS Group set a $50.00 target price on Rollins in a research report on Wednesday. Weiss Ratings lowered shares of Rollins from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 26th. Sanford C. Bernstein cut shares of Rollins from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $70.00 to $52.00 in a research note on Friday, May 29th. Canaccord Genuity Group set a $51.00 price objective on shares of Rollins and gave the stock a “hold” rating in a report on Friday, April 24th. Finally, Rothschild & Co Redburn set a $66.00 target price on shares of Rollins and gave the company a “buy” rating in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, Rollins currently has a consensus rating of “Moderate Buy” and an average price target of $60.87.

Rollins Company Profile

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.