Strategic Global Advisors LLC Buys Shares of 52,108 Rollins, Inc. $ROL

Strategic Global Advisors LLC bought a new stake in Rollins, Inc. (NYSE:ROL) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 52,108 shares of the business services provider’s stock, valued at approximately $3,128,000.

A number of other institutional investors also recently made changes to their positions in ROL. USS Investment Management Ltd increased its holdings in shares of Rollins by 41.0% in the 4th quarter. USS Investment Management Ltd now owns 2,008,100 shares of the business services provider’s stock valued at $120,516,000 after acquiring an additional 584,259 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its holdings in shares of Rollins by 13.1% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 58,340 shares of the business services provider’s stock valued at $3,502,000 after acquiring an additional 6,754 shares during the last quarter. Panagora Asset Management Inc. increased its holdings in shares of Rollins by 231.1% in the 4th quarter. Panagora Asset Management Inc. now owns 258,430 shares of the business services provider’s stock valued at $15,511,000 after acquiring an additional 180,379 shares during the last quarter. Sargent Investment Group LLC increased its holdings in shares of Rollins by 1.3% in the 4th quarter. Sargent Investment Group LLC now owns 72,361 shares of the business services provider’s stock valued at $4,343,000 after acquiring an additional 931 shares during the last quarter. Finally, Mufg Securities Americas Inc. increased its holdings in shares of Rollins by 4.3% in the 4th quarter. Mufg Securities Americas Inc. now owns 7,907 shares of the business services provider’s stock valued at $475,000 after acquiring an additional 327 shares during the last quarter. 51.79% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Wells Fargo & Company lowered their price target on Rollins from $58.00 to $55.00 and set an “equal weight” rating for the company in a report on Friday, May 15th. UBS Group upped their price objective on Rollins from $58.00 to $61.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Sanford C. Bernstein downgraded Rollins from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from $70.00 to $52.00 in a research note on Friday, May 29th. Canaccord Genuity Group set a $51.00 price objective on Rollins and gave the stock a “hold” rating in a research note on Friday, April 24th. Finally, Weiss Ratings downgraded Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $64.00.

Rollins Price Performance

Shares of ROL opened at $47.10 on Monday. The company has a market cap of $22.68 billion, a P/E ratio of 43.21, a PEG ratio of 2.90 and a beta of 0.73. The stock has a fifty day moving average price of $52.53 and a 200 day moving average price of $57.20. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.65 and a quick ratio of 0.59. Rollins, Inc. has a 12 month low of $44.43 and a 12 month high of $66.14.

Rollins (NYSE:ROL) last issued 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 during the quarter, compared to the consensus estimate of $895.17 million. During the same period in the prior year, the business earned $0.22 EPS. 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 earnings per share for the current year.

Rollins Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Monday, May 11th were paid a $0.1825 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $0.73 annualized dividend and a dividend yield of 1.5%. Rollins’s dividend payout ratio is presently 66.97%.

About Rollins

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.