Rollins, Inc. $ROL Shares Acquired by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. raised its stake in shares of Rollins, Inc. (NYSE:ROL) by 405.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 191,080 shares of the business services provider’s stock after purchasing an additional 153,265 shares during the quarter. Rollins comprises 0.8% of Landscape Capital Management L.L.C.’s holdings, making the stock its 14th biggest position. Landscape Capital Management L.L.C.’s holdings in Rollins were worth $11,469,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Cornerstone Planning Group LLC increased its stake in Rollins by 528.4% during the 4th quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 354 shares in the last quarter. Board of the Pension Protection Fund acquired a new position in Rollins during the 4th quarter valued at approximately $30,000. Torren Management LLC acquired a new position in Rollins during the 4th quarter valued at approximately $36,000. Fideuram Asset Management Ireland dac acquired a new position in Rollins during the 4th quarter valued at approximately $43,000. Finally, Quarry LP increased its stake in 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 in the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ROL. Sanford C. Bernstein lowered shares of Rollins from an “outperform” rating to a “market perform” rating and cut their price target for the company from $70.00 to $52.00 in a research note on Friday, May 29th. UBS Group upped their price target on shares of Rollins from $58.00 to $61.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Canaccord Genuity Group set a $51.00 price target on shares of Rollins and gave the company a “hold” rating in a research note on Friday, April 24th. Loop Capital began coverage on shares of Rollins in a research note on Monday, April 13th. They set a “hold” rating and a $56.00 price target on the stock. Finally, Weiss Ratings lowered shares of Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, May 21st. One research 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. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $64.00.

Rollins Stock Up 0.1%

NYSE:ROL opened at $47.10 on Friday. The firm has a market capitalization of $22.68 billion, a P/E ratio of 43.21, a PEG ratio of 2.90 and a beta of 0.73. Rollins, Inc. has a 1-year low of $44.43 and a 1-year high of $66.14. The company’s fifty day moving average price is $52.53 and its 200-day moving average price is $57.22. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.65 and a quick ratio of 0.59.

Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.24. The firm had revenue of $906.42 million for 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 business’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.22 earnings per share. As a group, equities research analysts anticipate that Rollins, Inc. will post 1.24 EPS for the current year.

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Monday, May 11th were issued a dividend of $0.1825 per share. The ex-dividend date of this dividend was Monday, May 11th. This represents a $0.73 dividend on an annualized basis and a yield of 1.5%. Rollins’s dividend payout ratio is 66.97%.

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.