New Age Alpha Advisors LLC Has $257,000 Position in Rollins, Inc. $ROL

New Age Alpha Advisors LLC lessened its position in Rollins, Inc. (NYSE:ROL) by 91.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,274 shares of the business services provider’s stock after selling 45,924 shares during the quarter. New Age Alpha Advisors LLC’s holdings in Rollins were worth $257,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. raised its position in Rollins by 4.3% in the 4th quarter. Vanguard Group Inc. now owns 38,282,523 shares of the business services provider’s stock valued at $2,297,717,000 after buying an additional 1,562,241 shares during the last quarter. State Street Corp raised its position in Rollins by 1.4% in the 3rd quarter. State Street Corp now owns 12,274,415 shares of the business services provider’s stock valued at $720,999,000 after buying an additional 172,303 shares during the last quarter. Northern Trust Corp raised its position in Rollins by 0.5% in the 3rd quarter. Northern Trust Corp now owns 2,885,973 shares of the business services provider’s stock valued at $169,522,000 after buying an additional 15,133 shares during the last quarter. JPMorgan Chase & Co. raised its position in Rollins by 6.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,151,573 shares of the business services provider’s stock valued at $126,383,000 after buying an additional 130,321 shares during the last quarter. Finally, Legal & General Group Plc raised its position in Rollins by 3.8% in the 3rd quarter. Legal & General Group Plc now owns 2,048,856 shares of the business services provider’s stock valued at $120,350,000 after buying an additional 74,473 shares during the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Stock Down 3.8%

ROL stock opened at $47.53 on Friday. 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 business has a 50 day moving average price of $53.84 and a two-hundred day moving average price of $58.06. The company has a market cap of $22.88 billion, a price-to-earnings ratio of 43.61, a P/E/G ratio of 3.04 and a beta of 0.79. Rollins, Inc. has a twelve month low of $46.85 and a twelve month high of $66.14.

Rollins (NYSE:ROL) last posted 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 firm had revenue of $906.42 million during the quarter, compared to the consensus estimate of $895.17 million. Rollins had a return on equity of 38.37% and a net margin of 13.77%.The business’s revenue was up 10.2% compared to the same quarter last year. During the same period last year, the company earned $0.22 earnings per share. Analysts anticipate that Rollins, Inc. will post 1.24 EPS for the current fiscal year.

Rollins Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Weiss Ratings lowered Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, May 21st. Sanford C. Bernstein lowered Rollins from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $70.00 to $52.00 in a research report on Friday. Morgan Stanley set a $70.00 target price on Rollins in a research report on Friday, February 13th. The Goldman Sachs Group reissued a “buy” rating and issued a $67.00 target price on shares of Rollins in a research report on Thursday, April 23rd. Finally, Royal Bank Of Canada set a $67.00 target price on Rollins and gave the company an “outperform” rating in a research report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Rollins has an average rating of “Moderate Buy” and an average target price of $64.00.

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.