Apeiron RIA LLC Purchases New Shares in Rollins, Inc. $ROL

Apeiron RIA LLC purchased a new stake in Rollins, Inc. (NYSE:ROL) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 9,318 shares of the business services provider’s stock, valued at approximately $503,000.

A number of other institutional investors and hedge funds have also bought and sold shares of ROL. City Holding Co. purchased a new stake in Rollins in the 1st quarter valued at $27,000. GW&K Investment Management LLC raised its position in Rollins by 961.4% in the 1st quarter. GW&K Investment Management LLC now owns 605 shares of the business services provider’s stock valued at $33,000 after buying an additional 548 shares during the last quarter. CVA Family Office LLC raised its position in Rollins by 73.0% in the 1st quarter. CVA Family Office LLC now owns 806 shares of the business services provider’s stock valued at $44,000 after buying an additional 340 shares during the last quarter. Geneos Wealth Management Inc. raised its position in Rollins by 75.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 870 shares of the business services provider’s stock valued at $47,000 after buying an additional 375 shares during the last quarter. Finally, National Pension Service raised its position in Rollins by 75.0% in the 1st quarter. National Pension Service now owns 1,078 shares of the business services provider’s stock valued at $58,000 after buying an additional 462 shares during the last quarter. 51.79% of the stock is owned by hedge funds and other institutional investors.

Rollins Trading Down 1.6%

Shares of ROL opened at $56.40 on Thursday. The business has a 50-day moving average of $56.91 and a 200 day moving average of $55.61. Rollins, Inc. has a fifty-two week low of $45.34 and a fifty-two week high of $59.10. The firm has a market cap of $27.33 billion, a P/E ratio of 55.84 and a beta of 0.69. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.63 and a current ratio of 0.68.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, July 23rd. The business services provider reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.01. Rollins had a return on equity of 36.96% and a net margin of 13.70%.The company had revenue of $999.53 million during the quarter, compared to analyst estimates of $988.77 million. During the same quarter last year, the firm posted $0.27 EPS. The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. As a group, research analysts forecast that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Monday, August 11th were issued a $0.165 dividend. The ex-dividend date of this dividend was Monday, August 11th. This represents a $0.66 annualized dividend and a yield of 1.2%. Rollins’s dividend payout ratio (DPR) is 65.35%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on ROL shares. Zacks Research lowered Rollins from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 13th. Barclays raised their target price on Rollins from $55.00 to $60.00 and gave the company an “equal weight” rating in a research report on Friday, July 25th. Argus started coverage on Rollins in a research report on Wednesday, June 18th. They set a “buy” rating and a $68.00 target price for the company. Wells Fargo & Company reaffirmed an “overweight” rating and set a $65.00 target price (up from $63.00) on shares of Rollins in a research report on Wednesday, June 25th. Finally, Piper Sandler raised their target price on Rollins from $70.00 to $72.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Six analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Rollins presently has a consensus rating of “Moderate Buy” and a consensus target price of $61.40.

Insiders Place Their Bets

In other Rollins news, Chairman John F. Wilson sold 30,000 shares of the firm’s stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of $58.04, for a total value of $1,741,200.00. Following the completion of the transaction, the chairman owned 632,727 shares in the company, valued at $36,723,475.08. This trade represents a 4.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 4.47% of the company’s stock.

Rollins Profile

Rollins, Inc, through its subsidiaries, provides pest and wildlife control services to residential and commercial customers in the United States and internationally. The company offers pest control services to residential properties protecting from common pests, including rodents, insects, and wildlife.