AXQ Capital LP Takes Position in Rollins, Inc. $ROL

AXQ Capital LP bought a new stake in shares of Rollins, Inc. (NYSE:ROL) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 20,516 shares of the business services provider’s stock, valued at approximately $1,231,000.

Other institutional investors also recently made changes to their positions in the company. Cornerstone Planning Group LLC grew its holdings in shares of Rollins by 528.4% during the fourth quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 354 shares during the last quarter. Board of the Pension Protection Fund acquired a new position in shares of Rollins during the fourth quarter worth approximately $30,000. Torren Management LLC acquired a new position in shares of Rollins during the fourth quarter worth approximately $36,000. Fideuram Asset Management Ireland dac acquired a new position in shares of Rollins during the fourth quarter worth approximately $43,000. Finally, Root Financial Partners LLC boosted its position in shares of Rollins by 47.3% during the fourth quarter. Root Financial Partners LLC now owns 782 shares of the business services provider’s stock worth $47,000 after buying an additional 251 shares during the period. 51.79% of the stock is owned by institutional investors.

Rollins News Roundup

Here are the key news stories impacting Rollins this week:

• Positive Sentiment: Rollins announced that management will present at the William Blair 46th Annual Growth Stock Conference on June 3, giving investors a chance to hear directly from leadership and potentially reinforce confidence in the company’s strategy and outlook. ROLLINS TO PRESENT AT UPCOMING INVESTOR CONFERENCES
• Neutral Sentiment: Coverage also noted a new CFO transition at Rollins, which could prompt investors to watch for any changes in financial policy, disclosure quality, or capital allocation priorities. Will Rollins’ (ROL) CFO Transition Subtly Recast Its Capital Discipline And Transparency Story?
• Negative Sentiment: Unrelated news about wrestler Seth Rollins is likely adding ticker confusion but does not reflect Rollins, Inc.’s fundamentals; however, this kind of name overlap can create short-term noise around the stock. Monday Night Raw results: Seth Rollins battles Bron Brakker. How to watch

Rollins Price Performance

Shares of NYSE:ROL opened at $46.36 on Tuesday. Rollins, Inc. has a one year low of $46.07 and a one year high of $66.14. The stock has a fifty day moving average of $53.68 and a 200-day moving average of $57.97. The company has a market capitalization of $22.32 billion, a PE ratio of 42.54, a price-to-earnings-growth ratio of 2.93 and a beta of 0.73. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.59 and a current ratio of 0.65.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $0.24 EPS for the quarter, meeting 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 the consensus estimate of $895.17 million. During the same quarter in the prior year, the firm earned $0.22 EPS. The company’s quarterly revenue was up 10.2% compared to the same quarter last year. As a group, equities analysts anticipate that Rollins, Inc. will post 1.24 EPS for the current fiscal year.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Monday, May 11th will be paid a dividend of $0.1825 per share. This represents a $0.73 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Monday, May 11th. Rollins’s payout ratio is 66.97%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. The Goldman Sachs Group reiterated a “buy” rating and set a $67.00 price objective on shares of Rollins in a research report on Thursday, April 23rd. Loop Capital assumed coverage on Rollins in a research report on Monday, April 13th. They set a “hold” rating and a $56.00 price objective for the company. Rothschild & Co Redburn set a $66.00 price objective on Rollins and gave the stock a “buy” rating in a research report on Monday, April 27th. UBS Group boosted their price objective on Rollins from $58.00 to $61.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Finally, Weiss Ratings downgraded Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, May 21st. One 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 presently has an average rating of “Moderate Buy” and an average price target of $64.00.

Rollins 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.