UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 26,807 Shares of Rollins, Inc. $ROL

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Rollins, Inc. (NYSE:ROL) by 1.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,020,508 shares of the business services provider’s stock after buying an additional 26,807 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.42% of Rollins worth $84,336,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. DV Equities LLC bought a new position in Rollins in the fourth quarter valued at about $25,000. Fideuram Asset Management Ireland dac purchased a new stake in shares of Rollins during the 4th quarter valued at about $43,000. Quarry LP increased its position in shares of Rollins by 155.2% during the 4th quarter. Quarry LP now owns 740 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 450 shares during the last quarter. Root Financial Partners LLC lifted its stake in shares of Rollins by 47.3% in the 4th quarter. Root Financial Partners LLC now owns 782 shares of the business services provider’s stock worth $47,000 after purchasing an additional 251 shares during the period. Finally, Hantz Financial Services Inc. lifted its stake in shares of Rollins by 121.6% in the 4th quarter. Hantz Financial Services Inc. now owns 820 shares of the business services provider’s stock worth $49,000 after purchasing an additional 450 shares during the period. Institutional investors own 51.79% of the company’s stock.

Wall Street Analyst Weigh In

ROL has been the subject of several recent research reports. Morgan Stanley cut their target price on shares of Rollins from $70.00 to $65.00 and set an “overweight” rating for the company in a research report on Wednesday, July 8th. Royal Bank Of Canada cut shares of Rollins from an “outperform” rating to a “sector perform” rating and dropped their price target for the stock from $52.00 to $40.00 in a research note on Thursday, July 23rd. Argus lowered Rollins from a “buy” rating to a “hold” rating in a research note on Wednesday, August 5th. UBS Group reaffirmed a “neutral” rating and issued a $43.00 target price (down from $50.00) on shares of Rollins in a report on Friday, July 24th. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and set a $45.00 price target (down from $70.00) on shares of Rollins in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $48.71.

Rollins Stock Performance

ROL opened at $35.69 on Thursday. The firm has a market cap of $17.17 billion, a P/E ratio of 32.44, a PEG ratio of 3.89 and a beta of 0.74. Rollins, Inc. has a 1-year low of $35.48 and a 1-year high of $66.14. The company has a 50 day simple moving average of $39.82 and a two-hundred day simple moving average of $48.68. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.63 and a quick ratio of 0.58.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $0.32 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.02). Rollins had a net margin of 13.55% and a return on equity of 38.81%. The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the previous year, the business earned $0.30 earnings per share. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. Equities analysts forecast that Rollins, Inc. will post 1.18 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be issued a dividend of $0.1825 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $0.73 dividend on an annualized basis and a yield of 2.0%. Rollins’s dividend payout ratio (DPR) is currently 66.36%.

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.