Rollins, Inc. $ROL Stake Trimmed by Local Pensions Partnership Investment Ltd

Local Pensions Partnership Investment Ltd lowered its stake in Rollins, Inc. (NYSE:ROL) by 5.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 563,719 shares of the business services provider’s stock after selling 33,000 shares during the quarter. Rollins makes up 0.6% of Local Pensions Partnership Investment Ltd’s investment portfolio, making the stock its 25th largest holding. Local Pensions Partnership Investment Ltd’s holdings in Rollins were worth $33,832,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of ROL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Rollins by 5.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,812 shares of the business services provider’s stock worth $1,663,000 after purchasing an additional 1,620 shares in the last quarter. Empowered Funds LLC increased its stake in Rollins by 16.7% in the 1st quarter. Empowered Funds LLC now owns 6,427 shares of the business services provider’s stock worth $347,000 after purchasing an additional 918 shares in the last quarter. Woodline Partners LP increased its stake in Rollins by 40.7% in the 1st quarter. Woodline Partners LP now owns 23,728 shares of the business services provider’s stock worth $1,282,000 after purchasing an additional 6,859 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in Rollins by 75.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 870 shares of the business services provider’s stock worth $47,000 after purchasing an additional 375 shares in the last quarter. Finally, First Trust Advisors LP increased its stake in Rollins by 185.0% in the 2nd quarter. First Trust Advisors LP now owns 368,718 shares of the business services provider’s stock worth $20,803,000 after purchasing an additional 239,361 shares in the last quarter. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Insider Activity at Rollins

In other news, Chairman Gary W. Rollins sold 10,355 shares of the firm’s stock in a transaction dated Wednesday, January 28th. The stock was sold at an average price of $62.83, for a total transaction of $650,604.65. Following the completion of the sale, the chairman directly owned 5,312,114 shares of the company’s stock, valued at $333,760,122.62. This trade represents a 0.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Thomas D. Tesh sold 887 shares of the firm’s stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $63.26, for a total value of $56,111.62. Following the sale, the insider directly owned 28,344 shares of the company’s stock, valued at $1,793,041.44. This trade represents a 3.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 67,039 shares of company stock worth $4,177,480. 5.77% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Rollins

Here are the key news stories impacting Rollins this week:

• Positive Sentiment: Zacks preview — Notes Wall Street’s Q1 estimates for Rollins and highlights the key metrics (revenue drivers, recurring service mix, margin trends and other indicators) investors will be watching into the quarter; this has likely driven positioning ahead of the report. Gear Up for Rollins (ROL) Q1 Earnings
• Neutral Sentiment: Orlando Sentinel review — Theater review titled “At Rollins, ‘Anastasia’ comes with old‑school charms”; unrelated to Rollins, Inc.’s business fundamentals or outlook. At Rollins, ‘Anastasia’ comes with old-school charms
• Neutral Sentiment: Wrestling / Seth Rollins coverage — Multiple pieces on WWE star Seth Rollins’ health, recovery and memorable moments (including updates that he’s ~80–90% recovered ahead of WrestleMania). These entertainment stories do not affect Rollins, Inc.’s operations. Examples: Sportskeeda, Fightful, Yahoo Sports. WWE Superstar picks Seth Rollins’ cash-in
• Neutral Sentiment: Daily Signal — Opinion piece on Rachael Rollins’ return to public office; political/legal topic unrelated to Rollins, Inc.’s business results or stock performance. Rachael Rollins’ Return

Rollins Trading Up 1.1%

Shares of NYSE ROL opened at $55.09 on Friday. Rollins, Inc. has a one year low of $51.77 and a one year high of $66.14. The firm has a market capitalization of $26.55 billion, a PE ratio of 50.54, a PEG ratio of 3.36 and a beta of 0.84. The company has a current ratio of 0.60, a quick ratio of 0.55 and a debt-to-equity ratio of 0.35. The business has a 50-day moving average price of $56.80 and a two-hundred day moving average price of $58.74.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, February 11th. The business services provider reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.02). Rollins had a return on equity of 38.16% and a net margin of 14.00%.The business had revenue of $912.91 million for the quarter, compared to analyst estimates of $925.08 million. During the same quarter in the previous year, the business posted $0.22 earnings per share. The company’s revenue was up 9.7% compared to the same quarter last year. As a group, analysts predict that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 25th were given a dividend of $0.1825 per share. The ex-dividend date was Wednesday, February 25th. This represents a $0.73 dividend on an annualized basis and a yield of 1.3%. Rollins’s dividend payout ratio (DPR) is presently 66.97%.

Analysts Set New Price Targets

ROL has been the subject of several recent analyst reports. Bank of America assumed coverage on Rollins in a research report on Tuesday, February 17th. They issued a “buy” rating and a $67.00 target price for the company. Loop Capital began coverage on Rollins in a report on Monday, April 13th. They set a “hold” rating and a $56.00 price target on the stock. UBS Group set a $58.00 price objective on Rollins and gave the stock a “neutral” rating in a research report on Friday, April 10th. Wells Fargo & Company set a $56.00 price objective on Rollins and gave the stock an “equal weight” rating in a research report on Thursday, February 12th. Finally, Canaccord Genuity Group set a $52.00 price objective on Rollins and gave the stock a “hold” rating in a research report on Friday, February 13th. Eleven equities research analysts have rated the stock with a Buy rating and five 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 an average target price of $64.86.

Rollins Company Profile

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.