Rollins, Inc. $ROL Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets boosted its holdings in shares of Rollins, Inc. (NYSE:ROL) by 34.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 793,008 shares of the business services provider’s stock after acquiring an additional 201,944 shares during the quarter. BNP Paribas Financial Markets owned about 0.16% of Rollins worth $47,596,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. LRI Investments LLC increased its stake in Rollins by 8.7% during the fourth quarter. LRI Investments LLC now owns 2,293 shares of the business services provider’s stock worth $138,000 after acquiring an additional 183 shares during the last quarter. Fifth Third Bancorp grew its stake in shares of Rollins by 1.2% in the third quarter. Fifth Third Bancorp now owns 18,874 shares of the business services provider’s stock valued at $1,109,000 after buying an additional 222 shares in the last quarter. Keel Point LLC grew its stake in shares of Rollins by 5.4% in the second quarter. Keel Point LLC now owns 4,646 shares of the business services provider’s stock valued at $262,000 after buying an additional 238 shares in the last quarter. Brown Brothers Harriman & Co. grew its stake in shares of Rollins by 3.4% in the third quarter. Brown Brothers Harriman & Co. now owns 7,242 shares of the business services provider’s stock valued at $425,000 after buying an additional 238 shares in the last quarter. Finally, Greenleaf Trust grew its stake in shares of Rollins by 1.9% in the fourth quarter. Greenleaf Trust now owns 12,812 shares of the business services provider’s stock valued at $769,000 after buying an additional 239 shares in the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on ROL shares. Bank of America started coverage on Rollins in a research note on Tuesday, February 17th. They issued a “buy” rating and a $67.00 price objective for the company. Morgan Stanley set a $70.00 price objective on Rollins in a research note on Friday, February 13th. Royal Bank Of Canada set a $67.00 price objective on Rollins and gave the company an “outperform” rating in a research note on Thursday, February 12th. Loop Capital started coverage on Rollins in a research note on Monday, April 13th. They issued a “hold” rating and a $56.00 price objective for the company. Finally, Weiss Ratings cut Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Rollins currently has an average rating of “Moderate Buy” and an average target price of $64.00.

Rollins Trading Down 2.9%

NYSE:ROL opened at $44.98 on Wednesday. The firm has a market cap of $21.66 billion, a PE ratio of 41.27, a price-to-earnings-growth ratio of 2.85 and a beta of 0.73. The stock has a fifty day moving average price of $53.68 and a 200 day moving average price of $57.97. Rollins, Inc. has a 12-month low of $44.63 and a 12-month high of $66.14. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.35.

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

Rollins Dividend Announcement

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

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.