BLI Banque de Luxembourg Investments Sells 70,099 Shares of Rollins, Inc. $ROL

BLI Banque de Luxembourg Investments lessened its stake in Rollins, Inc. (NYSE:ROL) by 10.7% in the fourth quarter, HoldingsChannel reports. The firm owned 583,950 shares of the business services provider’s stock after selling 70,099 shares during the period. Rollins makes up approximately 1.0% of BLI Banque de Luxembourg Investments’ holdings, making the stock its 27th largest holding. BLI Banque de Luxembourg Investments’ holdings in Rollins were worth $35,293,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Cornerstone Planning Group LLC grew its position in Rollins by 528.4% in 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 during the period. Board of the Pension Protection Fund bought a new stake in Rollins in the 4th quarter worth approximately $30,000. Torren Management LLC bought a new stake in Rollins in the 4th quarter worth approximately $36,000. Fideuram Asset Management Ireland dac bought a new stake in shares of Rollins during the 4th quarter valued at $43,000. Finally, Root Financial Partners LLC grew its position in shares of Rollins by 47.3% during the 4th quarter. Root Financial Partners LLC now owns 782 shares of the business services provider’s stock valued at $47,000 after acquiring an additional 251 shares during the period. Institutional investors own 51.79% of the company’s stock.

Key Stories Impacting Rollins

Here are the key news stories impacting Rollins this week:

• Positive Sentiment: An article from Insider Monkey presented a bullish thesis on Rollins, Inc. (ROL), suggesting some investors see upside in the pest-control company’s fundamentals and valuation. Is Rollins, Inc. (ROL) A Good Stock To Buy Now?
• Positive Sentiment: Options activity was unusually heavy, with traders buying 2,830 call options versus a normal average of 703, indicating increased bullish speculation in Rollins (ROL).
• Neutral Sentiment: Recent articles about “Rollins” largely refer to USDA Secretary Brooke Rollins and WWE wrestler Seth Rollins, not the publicly traded company, so they are unlikely to have a meaningful impact on Rollins, Inc. (ROL).
• Negative Sentiment: No company-specific negative operating news was identified in the provided articles for Rollins, Inc. (ROL).

Rollins Stock Down 1.0%

Shares of ROL stock opened at $46.63 on Tuesday. The stock has a market cap of $22.45 billion, a P/E ratio of 42.78, a PEG ratio of 2.90 and a beta of 0.73. Rollins, Inc. has a 52 week low of $44.43 and a 52 week high of $66.14. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 0.35. The company’s fifty day simple moving average is $52.99 and its two-hundred day simple moving average is $57.55.

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

Rollins Announces Dividend

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

Analysts Set New Price Targets

ROL has been the subject of a number of recent research reports. Rothschild & Co Redburn set a $66.00 price objective on shares of Rollins and gave the company a “buy” rating in a research report on Monday, April 27th. Loop Capital initiated coverage on shares of Rollins in a research report on Monday, April 13th. They set a “hold” rating and a $56.00 price objective for the company. Wells Fargo & Company cut their price objective on shares of Rollins from $58.00 to $55.00 and set an “equal weight” rating for the company in a research report on Friday, May 15th. The Goldman Sachs Group reissued a “buy” rating and set a $67.00 price objective on shares of Rollins in a research report on Thursday, April 23rd. Finally, Royal Bank Of Canada set a $67.00 price objective on shares of Rollins and gave the company an “outperform” rating in a research report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, Rollins presently has an average rating of “Moderate Buy” and a consensus price target of $64.00.

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.