Arbejdsmarkedets Tillaegspension Has $16.88 Million Stock Position in Rollins, Inc. $ROL

Arbejdsmarkedets Tillaegspension decreased its stake in Rollins, Inc. (NYSE:ROL) by 21.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 316,021 shares of the business services provider’s stock after selling 84,926 shares during the period. Arbejdsmarkedets Tillaegspension’s holdings in Rollins were worth $16,879,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of ROL. LRI Investments LLC boosted its holdings in Rollins by 8.7% in the 4th quarter. LRI Investments LLC now owns 2,293 shares of the business services provider’s stock valued at $138,000 after purchasing an additional 183 shares during the period. Sequoia Financial Advisors LLC grew its position in Rollins by 1.1% in the 1st quarter. Sequoia Financial Advisors LLC now owns 16,365 shares of the business services provider’s stock worth $874,000 after purchasing an additional 183 shares during the last quarter. IFM Investors Pty Ltd increased its holdings in shares of Rollins by 0.3% during the 1st quarter. IFM Investors Pty Ltd now owns 57,895 shares of the business services provider’s stock worth $3,092,000 after purchasing an additional 185 shares during the period. New Mexico Educational Retirement Board increased its holdings in shares of Rollins by 1.6% during the 4th quarter. New Mexico Educational Retirement Board now owns 12,875 shares of the business services provider’s stock worth $773,000 after purchasing an additional 200 shares during the period. Finally, Inspire Investing LLC raised its position in shares of Rollins by 3.9% during the fourth quarter. Inspire Investing LLC now owns 5,457 shares of the business services provider’s stock valued at $328,000 after buying an additional 203 shares during the last quarter. Institutional investors own 51.79% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. UBS Group increased their target price on shares of Rollins from $58.00 to $61.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Weiss Ratings lowered Rollins from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 26th. Sanford C. Bernstein cut 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 report on Friday, May 29th. Morgan Stanley reduced their price objective on Rollins from $70.00 to $65.00 and set an “overweight” rating for the company in a research report on Wednesday, July 8th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $67.00 price objective on shares of Rollins in a report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, Rollins presently has an average rating of “Moderate Buy” and an average price target of $62.71.

Rollins Price Performance

Shares of ROL stock opened at $44.93 on Tuesday. The stock’s fifty day simple moving average is $47.97 and its 200 day simple moving average is $54.80. Rollins, Inc. has a one year low of $41.50 and a one year high of $66.14. The firm has a market cap of $21.63 billion, a price-to-earnings ratio of 41.22, a P/E/G ratio of 2.72 and a beta of 0.75. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.65 and a quick ratio of 0.59.

Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate 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%.The business’s revenue for the quarter was up 10.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.22 earnings per share. On average, analysts expect that Rollins, Inc. will post 1.25 earnings per share for the current fiscal year.

Rollins Announces Dividend

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

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.