Fjarde AP Fonden Fourth Swedish National Pension Fund Has $11.48 Million Position in Rollins, Inc. $ROL

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in Rollins, Inc. (NYSE:ROLFree Report) by 10.1% in the 4th quarter, Holdings Channel reports. The firm owned 191,278 shares of the business services provider’s stock after purchasing an additional 17,500 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Rollins were worth $11,481,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ROL. Cornerstone Planning Group LLC lifted its holdings in Rollins by 528.4% in the 4th quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock worth $26,000 after purchasing an additional 354 shares during the last quarter. Board of the Pension Protection Fund acquired a new stake in Rollins in the 4th quarter worth approximately $30,000. Torren Management LLC acquired a new stake in Rollins in the 4th quarter worth approximately $36,000. Fideuram Asset Management Ireland dac acquired a new stake in Rollins in the 4th quarter worth approximately $43,000. Finally, Root Financial Partners LLC lifted its holdings in 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 last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

More Rollins News

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Wall Street Analyst Weigh In

A number of research firms have weighed in on ROL. Royal Bank Of Canada set a $67.00 target price on shares of Rollins and gave the stock an “outperform” rating in a research report on Thursday, February 12th. Sanford C. Bernstein lowered shares of Rollins from an “outperform” rating to a “market perform” rating and cut their target price for the stock from $70.00 to $52.00 in a research report on Friday, May 29th. Weiss Ratings lowered shares of Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, May 21st. UBS Group boosted their target price on shares of Rollins from $58.00 to $61.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Finally, Wells Fargo & Company cut their target price on shares of Rollins from $58.00 to $55.00 and set an “equal weight” rating for the company in a research report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $64.00.

Get Our Latest Analysis on ROL

Rollins Stock Up 1.5%

Shares of ROL stock opened at $47.18 on Friday. Rollins, Inc. has a 12 month low of $44.43 and a 12 month high of $66.14. The firm has a market cap of $22.72 billion, a PE ratio of 43.29, a price-to-earnings-growth ratio of 2.90 and a beta of 0.73. The stock has a 50 day moving average of $53.11 and a 200-day moving average of $57.64. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 0.35.

Rollins (NYSE:ROLGet Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $0.24 EPS for the quarter, meeting analysts’ consensus estimates of $0.24. The business had revenue of $906.42 million during the quarter, compared to analyst estimates of $895.17 million. Rollins had a net margin of 13.77% and a return on equity of 38.37%. The firm’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.22 earnings per share. On average, equities analysts predict that Rollins, Inc. will post 1.24 EPS for the current year.

Rollins Announces Dividend

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

About Rollins

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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