Rollins, Inc. $ROL Shares Acquired by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund increased its position in shares of Rollins, Inc. (NYSE:ROL) by 10.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,490 shares of the business services provider’s stock after purchasing an additional 13,192 shares during the period. Illinois Municipal Retirement Fund’s holdings in Rollins were worth $7,397,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in ROL. LRI Investments LLC increased its position in shares of Rollins by 8.7% during the 4th quarter. LRI Investments LLC now owns 2,293 shares of the business services provider’s stock valued at $138,000 after purchasing an additional 183 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in shares of Rollins by 1.1% in the first quarter. Sequoia Financial Advisors LLC now owns 16,365 shares of the business services provider’s stock valued at $874,000 after buying an additional 183 shares during the period. IFM Investors Pty Ltd boosted its stake in Rollins by 0.3% during the first quarter. IFM Investors Pty Ltd now owns 57,895 shares of the business services provider’s stock valued at $3,092,000 after buying an additional 185 shares in the last quarter. New Mexico Educational Retirement Board boosted its stake in Rollins by 1.6% during the fourth quarter. New Mexico Educational Retirement Board now owns 12,875 shares of the business services provider’s stock valued at $773,000 after buying an additional 200 shares in the last quarter. Finally, Inspire Investing LLC grew its holdings in Rollins by 3.9% during the fourth quarter. Inspire Investing LLC now owns 5,457 shares of the business services provider’s stock worth $328,000 after acquiring an additional 203 shares during the period. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Rollins Stock Down 0.8%

Shares of Rollins stock opened at $45.10 on Friday. Rollins, Inc. has a 12-month low of $41.50 and a 12-month high of $66.14. The firm has a market capitalization of $21.71 billion, a PE ratio of 41.38, a price-to-earnings-growth ratio of 2.79 and a beta of 0.75. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 0.35. The stock’s fifty day moving average is $47.21 and its 200-day moving average is $54.39.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.24. The business had revenue of $906.42 million during the quarter, compared to analyst estimates of $895.17 million. Rollins had a return on equity of 38.37% and a net margin of 13.77%.Rollins’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same quarter last year, the company posted $0.22 EPS. Equities analysts anticipate that Rollins, Inc. will post 1.24 earnings per share for the current year.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Monday, May 11th were issued a $0.1825 dividend. This represents a $0.73 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Monday, May 11th. Rollins’s dividend payout ratio (DPR) is presently 66.97%.

Wall Street Analyst Weigh In

ROL has been the topic of several research reports. The Goldman Sachs Group reiterated a “buy” rating and issued a $67.00 price target on shares of Rollins in a research report on Thursday, April 23rd. UBS Group set a $50.00 price objective on shares of Rollins in a research report on Wednesday. Citigroup began coverage on shares of Rollins in a research note on Wednesday. They issued a “neutral” rating and a $46.00 price objective on the stock. Rothschild & Co Redburn set a $66.00 target price on shares of Rollins and gave the stock a “buy” rating in a report on Monday, April 27th. Finally, Sanford C. Bernstein lowered shares of Rollins from an “outperform” rating to a “market perform” rating and cut their target price for the company from $70.00 to $52.00 in a research note on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $60.87.

Key Headlines Impacting Rollins

Here are the key news stories impacting Rollins this week:

• Neutral Sentiment: The articles are largely about entertainment and political news, not the pest-control company Rollins, Inc., so they are unlikely to materially affect the stock. Seth Rollins Recalls Clashing Heads With Jamie Noble During Botched Move In A Handicap Match
• Neutral Sentiment: Additional headlines about Seth Rollins, Roman Reigns, and Brooke Rollins do not appear connected to Rollins, Inc.’s operations, earnings, or outlook. Seth Rollins recalls getting knocked loopy after WWE move goes wrong
• Neutral Sentiment: Political and agriculture-related stories mentioning “Rollins” also seem unrelated to the company and should not be a driver of the stock today. Rollins reassures Republicans amid farm aid negotiations

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.