Blair William & Co. IL Raises Stock Position in Rollins, Inc. $ROL

Blair William & Co. IL lifted its stake in Rollins, Inc. (NYSE:ROL) by 6.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,260,758 shares of the business services provider’s stock after buying an additional 136,269 shares during the period. Blair William & Co. IL owned approximately 0.47% of Rollins worth $135,691,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ROL. LRI Investments LLC boosted its stake in Rollins by 8.7% in the fourth quarter. LRI Investments LLC now owns 2,293 shares of the business services provider’s stock valued at $138,000 after acquiring an additional 183 shares in the last quarter. New Mexico Educational Retirement Board increased its position in shares of Rollins by 1.6% during the fourth 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 in the last quarter. Sumitomo Life Insurance Co. increased its position in shares of Rollins by 1.2% during the fourth quarter. Sumitomo Life Insurance Co. now owns 18,288 shares of the business services provider’s stock worth $1,098,000 after purchasing an additional 221 shares in the last quarter. Fifth Third Bancorp lifted its holdings in shares of Rollins by 1.2% in the 3rd quarter. Fifth Third Bancorp now owns 18,874 shares of the business services provider’s stock valued at $1,109,000 after purchasing an additional 222 shares during the last quarter. Finally, Keel Point LLC lifted its holdings in shares of Rollins by 5.4% in the 2nd quarter. Keel Point LLC now owns 4,646 shares of the business services provider’s stock valued at $262,000 after purchasing an additional 238 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Rollins Stock Performance

Shares of ROL opened at $46.82 on Wednesday. The stock has a market capitalization of $22.54 billion, a P/E ratio of 42.96, a P/E/G ratio of 2.89 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, Inc. has a 1 year low of $44.43 and a 1 year high of $66.14. The company’s fifty day moving average is $52.25 and its two-hundred day moving average is $57.00.

Rollins (NYSE:ROL) last released its 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 company had revenue of $906.42 million during 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 revenue was up 10.2% on a year-over-year basis. During the same quarter last year, the business earned $0.22 EPS. On average, sell-side analysts predict that Rollins, Inc. will post 1.24 earnings per share for the current year.

Rollins Announces Dividend

The company 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. The ex-dividend date was Monday, May 11th. This represents a $0.73 dividend on an annualized basis and a yield of 1.6%. Rollins’s dividend payout ratio (DPR) is presently 66.97%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on ROL. Weiss Ratings downgraded Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, May 21st. The Goldman Sachs Group reiterated a “buy” rating and issued a $67.00 price objective on shares of Rollins in a research note on Thursday, April 23rd. UBS Group increased their price objective on Rollins from $58.00 to $61.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Bank of America assumed coverage on shares of Rollins in a report on Tuesday, February 17th. They issued a “buy” rating and a $67.00 target price on the stock. Finally, Rothschild & Co Redburn set a $66.00 price target on shares of Rollins and gave the company a “buy” rating in a research report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Rollins currently has a consensus rating of “Moderate Buy” and a consensus target price 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.