Dynamic Technology Lab Private Ltd Purchases New Stake in Rollins, Inc. $ROL

Dynamic Technology Lab Private Ltd purchased a new stake in Rollins, Inc. (NYSE:ROL) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 18,185 shares of the business services provider’s stock, valued at approximately $1,091,000.

Several other hedge funds have also recently bought and sold shares of ROL. LRI Investments LLC raised its holdings in shares of Rollins by 8.7% during the fourth 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. New Mexico Educational Retirement Board raised its holdings in shares of 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 purchasing an additional 200 shares during the period. Sumitomo Life Insurance Co. raised its holdings in shares of Rollins by 1.2% during the fourth quarter. Sumitomo Life Insurance Co. now owns 18,288 shares of the business services provider’s stock valued at $1,098,000 after purchasing an additional 221 shares during the period. Fifth Third Bancorp raised its holdings in shares of Rollins by 1.2% during the third quarter. Fifth Third Bancorp now owns 18,874 shares of the business services provider’s stock valued at $1,109,000 after purchasing an additional 222 shares during the period. Finally, Keel Point LLC raised its holdings in shares of Rollins by 5.4% during the second quarter. Keel Point LLC now owns 4,646 shares of the business services provider’s stock valued at $262,000 after purchasing an additional 238 shares during the period. 51.79% of the stock is owned by institutional investors.

Rollins Stock Performance

ROL opened at $47.10 on Friday. Rollins, Inc. has a 1-year low of $44.43 and a 1-year high of $66.14. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.35. The company has a market cap of $22.68 billion, a price-to-earnings ratio of 43.21, a PEG ratio of 2.90 and a beta of 0.73. The company’s fifty day moving average price is $52.53 and its two-hundred day moving average price is $57.22.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.24. Rollins had a net margin of 13.77% and a return on equity of 38.37%. The firm had revenue of $906.42 million during the quarter, compared to analyst estimates of $895.17 million. During the same quarter in the prior year, the business posted $0.22 EPS. The business’s revenue was up 10.2% compared to the same quarter last year. On average, analysts expect that Rollins, Inc. will post 1.24 EPS for the current fiscal year.

Rollins Dividend Announcement

The company also recently announced 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 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%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Sanford C. Bernstein lowered shares of Rollins from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from $70.00 to $52.00 in a report on Friday, May 29th. The Goldman Sachs Group restated a “buy” rating and set a $67.00 price objective on shares of Rollins in a report on Thursday, April 23rd. UBS Group upped their price objective on shares of Rollins from $58.00 to $61.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Canaccord Genuity Group set a $51.00 price objective on shares of Rollins and gave the stock a “hold” rating in a report on Friday, April 24th. Finally, Rothschild & Co Redburn set a $66.00 price objective on shares of Rollins and gave the stock a “buy” rating in a report on Monday, April 27th. One 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. Based on data from MarketBeat.com, Rollins presently has a consensus rating of “Moderate Buy” and a consensus target price of $64.00.

Rollins 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.