Rhumbline Advisers decreased its position in Rollins, Inc. (NYSE:ROL) by 6.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 334,100 shares of the business services provider’s stock after selling 21,505 shares during the period. Rhumbline Advisers owned 0.10% of Rollins worth $13,905,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Enlightenment Research LLC acquired a new stake in Rollins during the 4th quarter worth approximately $32,000. Proficio Capital Partners LLC raised its holdings in shares of Rollins by 50.4% in the 4th quarter. Proficio Capital Partners LLC now owns 1,235 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 414 shares in the last quarter. Clarfeld Financial Advisors LLC acquired a new stake in shares of Rollins in the 4th quarter valued at $45,000. CSat Investment Advisory L.P. acquired a new stake in shares of Rollins in the 4th quarter valued at $46,000. Finally, Whittier Trust Co. raised its holdings in shares of Rollins by 50.0% in the 4th quarter. Whittier Trust Co. now owns 1,419 shares of the business services provider’s stock valued at $51,000 after purchasing an additional 473 shares in the last quarter. 39.89% of the stock is owned by institutional investors and hedge funds.
Shares of ROL opened at $36.13 on Thursday. Rollins, Inc. has a twelve month low of $33.07 and a twelve month high of $43.91. The firm has a market capitalization of $11.69 billion, a PE ratio of 50.89 and a beta of 0.43.
Rollins (NYSE:ROL) last posted its earnings results on Wednesday, April 24th. The business services provider reported $0.14 EPS for the quarter, missing the Zacks’ consensus estimate of $0.15 by ($0.01). The company had revenue of $429.10 million during the quarter, compared to analysts’ expectations of $438.55 million. Rollins had a net margin of 12.34% and a return on equity of 31.78%. The company’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period last year, the business earned $0.22 earnings per share. Sell-side analysts anticipate that Rollins, Inc. will post 0.74 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Friday, May 10th will be given a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date is Thursday, May 9th. Rollins’s dividend payout ratio (DPR) is 59.15%.
A number of equities research analysts have recently weighed in on ROL shares. Nomura restated a “buy” rating and issued a $46.00 price objective on shares of Rollins in a report on Monday, January 28th. ValuEngine upgraded shares of Rollins from a “hold” rating to a “buy” rating in a report on Tuesday, April 23rd. Zacks Investment Research upgraded shares of Rollins from a “sell” rating to a “hold” rating in a report on Wednesday, February 27th. Finally, Macquarie started coverage on shares of Rollins in a report on Monday, April 29th. They issued a “neutral” rating and a $38.90 price objective on the stock. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $38.48.
In related news, insider John F. Wilson sold 30,000 shares of the stock in a transaction on Friday, March 15th. The shares were sold at an average price of $40.84, for a total value of $1,225,200.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 56.90% of the company’s stock.
Rollins, Inc, through its subsidiaries, provides pest and termite control services to residential and commercial customers. It offers protection against termite damage, rodents, and insects to homes and businesses, including hotels, food service establishments, food manufacturers, retailers, and transportation companies.
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