Janus Henderson Group PLC grew its stake in Rollins, Inc. (NYSE:ROL) by 2.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,150,251 shares of the business services provider’s stock after acquiring an additional 58,332 shares during the quarter. Janus Henderson Group PLC owned about 0.66% of Rollins worth $89,494,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Securian Asset Management Inc increased its position in shares of Rollins by 2.1% during the 1st quarter. Securian Asset Management Inc now owns 15,306 shares of the business services provider’s stock worth $637,000 after purchasing an additional 312 shares during the last quarter. YorkBridge Wealth Partners LLC boosted its holdings in Rollins by 15.0% during the 4th quarter. YorkBridge Wealth Partners LLC now owns 2,409 shares of the business services provider’s stock valued at $87,000 after acquiring an additional 315 shares during the period. Proficio Capital Partners LLC boosted its holdings in Rollins by 50.4% during the 4th quarter. Proficio Capital Partners LLC now owns 1,235 shares of the business services provider’s stock valued at $45,000 after acquiring an additional 414 shares during the period. Whittier Trust Co. boosted its holdings in Rollins by 50.0% during the 4th quarter. Whittier Trust Co. now owns 1,419 shares of the business services provider’s stock valued at $51,000 after acquiring an additional 473 shares during the period. Finally, Commonwealth Equity Services LLC boosted its holdings in Rollins by 6.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 7,817 shares of the business services provider’s stock valued at $282,000 after acquiring an additional 477 shares during the period. 40.35% of the stock is owned by institutional investors and hedge funds.
Shares of ROL traded up $0.34 during midday trading on Wednesday, hitting $36.92. The company had a trading volume of 1,072,500 shares, compared to its average volume of 1,265,866. The stock has a market capitalization of $11.98 billion, a PE ratio of 52.00 and a beta of 0.43. Rollins, Inc. has a 1 year low of $33.07 and a 1 year high of $43.91.
Rollins (NYSE:ROL) last announced its quarterly earnings data 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 company had revenue of $429.10 million during the quarter, compared to analysts’ expectations of $438.55 million. Rollins had a net margin of 12.34% and a return on equity of 31.78%. The business’s quarterly revenue 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. Research analysts forecast that Rollins, Inc. will post 0.74 EPS for the current fiscal year.
The firm also recently announced 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 1.14%. The ex-dividend date of this dividend is Thursday, May 9th. Rollins’s dividend payout ratio (DPR) is presently 59.15%.
In other news, insider John F. Wilson sold 30,000 shares of the firm’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $40.84, for a total transaction of $1,225,200.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 56.90% of the stock is currently owned by company insiders.
A number of equities analysts recently commented on ROL shares. ValuEngine upgraded Rollins from a “hold” rating to a “buy” rating in a report on Tuesday, April 23rd. Zacks Investment Research cut Rollins from a “buy” rating to a “hold” rating in a report on Tuesday, January 29th. Nomura lowered their target price on Rollins from $46.00 to $43.00 and set a “buy” rating for the company in a report on Tuesday, April 30th. Finally, Macquarie started coverage on Rollins in a report on Monday, April 29th. They set a “neutral” rating and a $38.90 target price for the company. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $38.48.
Rollins Company Profile
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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