Pennsylvania Trust Co cut its holdings in Rollins, Inc. (NYSE:ROL) by 4.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 10,075 shares of the business services provider’s stock after selling 500 shares during the period. Pennsylvania Trust Co’s holdings in Rollins were worth $419,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also modified their holdings of ROL. United Services Automobile Association raised its position in shares of Rollins by 703.9% in the fourth quarter. United Services Automobile Association now owns 57,188 shares of the business services provider’s stock valued at $2,064,000 after purchasing an additional 50,074 shares during the period. Resources Investment Advisors Inc. raised its holdings in Rollins by 50.3% in the 4th quarter. Resources Investment Advisors Inc. now owns 2,936 shares of the business services provider’s stock valued at $106,000 after buying an additional 983 shares during the last quarter. Marshall Wace LLP raised its holdings in Rollins by 34.0% in the 3rd quarter. Marshall Wace LLP now owns 159,043 shares of the business services provider’s stock valued at $9,652,000 after buying an additional 40,396 shares during the last quarter. Handelsinvest Investeringsforvaltning raised its holdings in Rollins by 1.2% in the 4th quarter. Handelsinvest Investeringsforvaltning now owns 131,590 shares of the business services provider’s stock valued at $4,750,000 after buying an additional 1,590 shares during the last quarter. Finally, Handelsbanken Fonder AB raised its holdings in Rollins by 72.4% in the 4th quarter. Handelsbanken Fonder AB now owns 471,590 shares of the business services provider’s stock valued at $17,024,000 after buying an additional 198,090 shares during the last quarter. Institutional investors own 39.89% of the company’s stock.
A number of brokerages recently issued reports on ROL. ValuEngine upgraded shares of Rollins from a “hold” rating to a “buy” rating in a report on Tuesday, April 23rd. Zacks Investment Research upgraded shares of Rollins from a “sell” rating to a “hold” rating in a report on Wednesday, February 27th. Macquarie started coverage on shares of Rollins in a report on Monday, April 29th. They set a “neutral” rating and a $38.90 price target for the company. Finally, Nomura lowered their price target on shares of Rollins from $46.00 to $43.00 and set a “buy” rating for the company in a report on Tuesday, April 30th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $38.48.
In other news, insider John F. Wilson sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $40.84, for a total transaction of $1,225,200.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 56.90% of the company’s stock.
Rollins stock traded down $0.04 during mid-day trading on Wednesday, hitting $37.50. 811,000 shares of the stock were exchanged, compared to its average volume of 1,272,617. Rollins, Inc. has a 12 month low of $33.07 and a 12 month high of $43.91. The firm has a market cap of $12.27 billion, a price-to-earnings ratio of 52.82 and a beta of 0.43.
Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.01). The firm had revenue of $429.10 million for the quarter, compared to the consensus estimate of $438.55 million. Rollins had a return on equity of 31.78% and a net margin of 12.34%. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.22 EPS. Equities research analysts expect that Rollins, Inc. will post 0.74 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Friday, May 10th will be given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 1.12%. The ex-dividend date is Thursday, May 9th. Rollins’s dividend payout ratio (DPR) is 59.15%.
Rollins, Inc, through its subsidiaries, provides pest and termite control services to residential and commercial customers. It offers protection against termite damage, rodents, and insects to homes and businesses, including hotels, food service establishments, food manufacturers, retailers, and transportation companies.
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