Rollins, Inc. $ROL Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC lessened its stake in Rollins, Inc. (NYSE:ROL) by 42.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 50,740 shares of the business services provider’s stock after selling 37,615 shares during the period. Intech Investment Management LLC’s holdings in Rollins were worth $3,045,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Mirabella Financial Services LLP acquired a new stake in shares of Rollins in the 3rd quarter valued at about $1,739,000. Jefferies Financial Group Inc. raised its stake in Rollins by 607.7% during the third quarter. Jefferies Financial Group Inc. now owns 79,944 shares of the business services provider’s stock worth $4,696,000 after acquiring an additional 68,647 shares during the period. National Pension Service raised its stake in Rollins by 353.2% during the third quarter. National Pension Service now owns 21,519 shares of the business services provider’s stock worth $1,264,000 after acquiring an additional 16,771 shares during the period. Nordea Investment Management AB raised its stake in Rollins by 52.1% during the fourth quarter. Nordea Investment Management AB now owns 852,362 shares of the business services provider’s stock worth $51,363,000 after acquiring an additional 292,062 shares during the period. Finally, Mackenzie Financial Corp raised its stake in Rollins by 62.3% during the third quarter. Mackenzie Financial Corp now owns 1,548,877 shares of the business services provider’s stock worth $90,981,000 after acquiring an additional 594,735 shares during the period. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Price Performance

NYSE ROL opened at $44.98 on Wednesday. Rollins, Inc. has a 52 week low of $44.63 and a 52 week 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 stock has a market cap of $21.66 billion, a price-to-earnings ratio of 41.27, a price-to-earnings-growth ratio of 2.85 and a beta of 0.73. The company has a 50-day moving average price of $53.68 and a two-hundred day moving average price of $57.97.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, April 22nd. The business services provider reported $0.24 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 analysts’ expectations of $895.17 million. During the same quarter in the prior year, the firm earned $0.22 EPS. Rollins’s quarterly revenue was up 10.2% on a year-over-year basis. Analysts forecast that Rollins, Inc. will post 1.24 EPS for the current year.

Rollins Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms recently weighed in on ROL. The Goldman Sachs Group reiterated a “buy” rating and set a $67.00 price objective on shares of Rollins in a research note on Thursday, April 23rd. UBS Group increased their price objective on shares of Rollins from $58.00 to $61.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Bank of America began coverage on shares of Rollins in a research note on Tuesday, February 17th. They set a “buy” rating and a $67.00 price objective on the stock. Morgan Stanley set a $70.00 price objective on shares of Rollins in a research note on Friday, February 13th. Finally, Rothschild & Co Redburn set a $66.00 price objective on shares of Rollins and gave the stock a “buy” rating in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Rollins currently 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.