KBC Group NV reduced its holdings in Rollins, Inc. (NYSE:ROL) by 54.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,555 shares of the business services provider’s stock after selling 9,004 shares during the period. KBC Group NV’s holdings in Rollins were worth $349,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in ROL. Alps Advisors Inc. raised its position in Rollins by 0.3% during the second quarter. Alps Advisors Inc. now owns 13,101 shares of the business services provider’s stock worth $533,000 after acquiring an additional 34 shares during the period. Utah Retirement Systems raised its position in Rollins by 0.6% during the second quarter. Utah Retirement Systems now owns 17,500 shares of the business services provider’s stock worth $713,000 after acquiring an additional 100 shares during the period. C M Bidwell & Associates Ltd. raised its position in Rollins by 1.2% during the second quarter. C M Bidwell & Associates Ltd. now owns 8,705 shares of the business services provider’s stock worth $354,000 after acquiring an additional 105 shares during the period. Comerica Bank raised its position in Rollins by 0.3% during the second quarter. Comerica Bank now owns 77,596 shares of the business services provider’s stock worth $3,222,000 after acquiring an additional 236 shares during the period. Finally, Advisor Group Inc. raised its position in Rollins by 1.6% during the second quarter. Advisor Group Inc. now owns 15,755 shares of the business services provider’s stock worth $599,000 after acquiring an additional 246 shares during the period. 37.65% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts have recently commented on ROL shares. KeyCorp reiterated a “hold” rating on shares of Rollins in a research report on Sunday, October 29th. Zacks Investment Research cut shares of Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, September 27th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Rollins has an average rating of “Buy” and an average price target of $44.67.

In related news, Vice Chairman Gary W. Rollins bought 2,180 shares of the stock in a transaction on Wednesday, December 13th. The stock was bought at an average price of $45.84 per share, with a total value of $99,931.20. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 56.30% of the company’s stock.

Shares of Rollins, Inc. (NYSE ROL) opened at $46.82 on Monday. Rollins, Inc. has a 1-year low of $32.82 and a 1-year high of $48.29. The stock has a market cap of $10,203.41, a PE ratio of 56.40 and a beta of 0.28.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, October 25th. The business services provider reported $0.24 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.25 by ($0.01). The company had revenue of $450.40 million for the quarter, compared to analysts’ expectations of $449.92 million. Rollins had a return on equity of 29.60% and a net margin of 11.15%. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period last year, the business earned $0.23 EPS. analysts anticipate that Rollins, Inc. will post 0.85 earnings per share for the current fiscal year.

The business also recently announced a special dividend, which was paid on Monday, December 11th. Shareholders of record on Friday, November 10th were paid a dividend of $0.10 per share. This represents a yield of 1.04%. The ex-dividend date was Thursday, November 9th. Rollins’s dividend payout ratio (DPR) is presently 54.76%.

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Rollins Profile

Rollins, Inc is a service company, which operates in pest and termite control business segment. The Company, through its subsidiaries, provides its services to both residential and commercial customers in North America, Australia, and Europe with international franchises in Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, Canada, Australia, and Mexico.

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Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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