Wealth Alliance Has $413,000 Stock Holdings in Rollins, Inc. (NYSE:ROL)

Wealth Alliance cut its stake in Rollins, Inc. (NYSE:ROL) by 2.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,908 shares of the business services provider’s stock after selling 207 shares during the period. Wealth Alliance’s holdings in Rollins were worth $413,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Franklin Resources Inc. raised its holdings in Rollins by 54.7% in the 3rd quarter. Franklin Resources Inc. now owns 173,943 shares of the business services provider’s stock valued at $8,725,000 after acquiring an additional 61,475 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Rollins during the 3rd quarter worth $1,428,000. Westfield Capital Management Co. LP acquired a new position in shares of Rollins during the 3rd quarter worth $5,102,000. Intech Investment Management LLC raised its holdings in shares of Rollins by 13.7% during the 3rd quarter. Intech Investment Management LLC now owns 661,997 shares of the business services provider’s stock worth $33,484,000 after buying an additional 79,546 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Rollins by 22.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,280,005 shares of the business services provider’s stock worth $115,323,000 after buying an additional 420,399 shares in the last quarter. 51.79% of the stock is owned by institutional investors and hedge funds.

Rollins Trading Down 0.1 %

NYSE ROL opened at $51.29 on Friday. The business’s 50-day moving average price is $48.23 and its two-hundred day moving average price is $49.08. Rollins, Inc. has a 12 month low of $41.30 and a 12 month high of $52.83. The firm has a market capitalization of $24.83 billion, a PE ratio of 53.42 and a beta of 0.76. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, meeting analysts’ consensus estimates of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. On average, analysts expect that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be given a dividend of $0.165 per share. The ex-dividend date is Tuesday, February 25th. This represents a $0.66 annualized dividend and a dividend yield of 1.29%. Rollins’s payout ratio is 68.75%.

Wall Street Analysts Forecast Growth

ROL has been the subject of a number of research analyst reports. StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a report on Wednesday. UBS Group upped their target price on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a report on Friday, January 17th. Canaccord Genuity Group upped their target price on Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a report on Friday, February 14th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 target price on shares of Rollins in a report on Monday, January 6th. Finally, Wells Fargo & Company upped their target price on Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $52.00.

Rollins Profile

Rollins, Inc, through its subsidiaries, provides pest and wildlife control services to residential and commercial customers in the United States and internationally. The company offers pest control services to residential properties protecting from common pests, including rodents, insects, and wildlife.