Rollins, Inc. $ROL Position Reduced by Savant Capital LLC

Savant Capital LLC decreased its holdings in Rollins, Inc. (NYSE:ROLFree Report) by 83.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,505 shares of the business services provider’s stock after selling 17,681 shares during the period. Savant Capital LLC’s holdings in Rollins were worth $210,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Cornerstone Planning Group LLC increased its holdings in shares of Rollins by 528.4% in the 4th quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 354 shares during the period. Board of the Pension Protection Fund acquired a new position in shares of Rollins in the 4th quarter valued at about $30,000. Torren Management LLC acquired a new position in shares of Rollins in the 4th quarter valued at about $36,000. Geneos Wealth Management Inc. increased its holdings in shares of Rollins by 75.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 870 shares of the business services provider’s stock valued at $47,000 after purchasing an additional 375 shares during the period. Finally, MUFG Securities EMEA plc acquired a new position in shares of Rollins in the 2nd quarter valued at about $47,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

Analysts Set New Price Targets

ROL has been the topic of a number of research reports. Weiss Ratings downgraded Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, May 21st. Morgan Stanley set a $70.00 target price on Rollins in a report on Friday, February 13th. The Goldman Sachs Group reiterated a “buy” rating and issued a $67.00 target price on shares of Rollins in a report on Thursday, April 23rd. Canaccord Genuity Group set a $51.00 target price on Rollins and gave the company a “hold” rating in a report on Friday, April 24th. Finally, Bank of America assumed coverage on Rollins in a report on Tuesday, February 17th. They issued a “buy” rating and a $67.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $64.00.

Check Out Our Latest Stock Analysis on Rollins

Rollins Trading Up 0.2%

NYSE:ROL opened at $47.18 on Monday. The stock’s 50 day moving average price is $53.11 and its 200 day moving average price is $57.64. Rollins, Inc. has a 52 week low of $44.43 and a 52 week high of $66.14. The company has a market capitalization of $22.72 billion, a P/E ratio of 43.29, a P/E/G ratio of 2.90 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 (NYSE:ROLGet Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $0.24 EPS for the quarter, hitting analysts’ consensus estimates of $0.24. Rollins had a return on equity of 38.37% and a net margin of 13.77%.The firm had revenue of $906.42 million for the quarter, compared to the consensus estimate of $895.17 million. During the same quarter in the prior year, the company posted $0.22 earnings per share. The firm’s revenue was up 10.2% on a year-over-year basis. On average, research analysts forecast that Rollins, Inc. will post 1.24 EPS for the current fiscal year.

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Monday, May 11th will be issued a $0.1825 dividend. The ex-dividend date is Monday, May 11th. This represents a $0.73 dividend on an annualized basis and a yield of 1.5%. Rollins’s dividend payout ratio is currently 66.97%.

Key Rollins News

Here are the key news stories impacting Rollins this week:

Rollins Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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