Fjarde AP Fonden Fourth Swedish National Pension Fund Has $18.63 Million Holdings in Rollins, Inc. $ROL

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in Rollins, Inc. (NYSE:ROL) by 82.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 348,778 shares of the business services provider’s stock after purchasing an additional 157,500 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund owned 0.07% of Rollins worth $18,628,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of ROL. DV Equities LLC acquired a new position in shares of Rollins during the fourth quarter worth about $25,000. Cornerstone Planning Group LLC grew its position in Rollins by 528.4% during the fourth quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock worth $26,000 after buying an additional 354 shares in the last quarter. Board of the Pension Protection Fund acquired a new position in Rollins during the fourth quarter valued at approximately $30,000. Torren Management LLC acquired a new position in Rollins during the fourth quarter worth about $36,000. Finally, Fideuram Asset Management Ireland dac bought a new stake in shares of Rollins during the fourth quarter worth $43,000. Institutional investors own 51.79% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on ROL. Loop Capital assumed coverage on Rollins in a research note on Monday, April 13th. They issued a “hold” rating and a $56.00 price objective on the stock. UBS Group increased their price objective on shares of Rollins from $58.00 to $61.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Weiss Ratings downgraded shares of Rollins from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 26th. Canaccord Genuity Group set a $51.00 target price on shares of Rollins and gave the company a “hold” rating in a report on Friday, April 24th. Finally, Sanford C. Bernstein cut shares of Rollins from an “outperform” rating to a “market perform” rating and cut their price target for the company from $70.00 to $52.00 in a research report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $63.07.

Rollins Stock Up 0.1%

Shares of NYSE:ROL opened at $43.41 on Friday. Rollins, Inc. has a 12-month low of $41.50 and a 12-month 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 business’s 50 day moving average is $49.38 and its 200 day moving average is $55.50. The stock has a market cap of $20.90 billion, a price-to-earnings ratio of 39.83, a PEG ratio of 2.67 and a beta of 0.75.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share for the quarter, meeting the consensus estimate of $0.24. Rollins had a return on equity of 38.37% and a net margin of 13.77%.The business had revenue of $906.42 million during the quarter, compared to analyst estimates of $895.17 million. During the same period in the prior year, the company earned $0.22 earnings per share. Rollins’s revenue was up 10.2% compared to the same quarter last year. On average, sell-side analysts forecast that Rollins, Inc. will post 1.24 earnings per share for the current fiscal year.

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Monday, May 11th were given a $0.1825 dividend. This represents a $0.73 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Monday, May 11th. Rollins’s dividend 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.