Rollins, Inc. (ROL) Shares Bought by Aperio Group LLC
Aperio Group LLC lifted its stake in shares of Rollins, Inc. (NYSE:ROL) by 71.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 125,047 shares of the business services provider’s stock after buying an additional 52,196 shares during the quarter. Aperio Group LLC owned about 0.06% of Rollins worth $5,770,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors also recently made changes to their positions in ROL. First Quadrant L P CA increased its position in shares of Rollins by 909.7% during the second quarter. First Quadrant L P CA now owns 3,857 shares of the business services provider’s stock valued at $157,000 after buying an additional 3,475 shares during the period. Sei Investments Co. increased its position in shares of Rollins by 1,223.2% during the second quarter. Sei Investments Co. now owns 4,499 shares of the business services provider’s stock valued at $184,000 after buying an additional 4,159 shares during the period. Hengehold Capital Management LLC purchased a new position in shares of Rollins during the third quarter valued at about $202,000. Clinton Group Inc. purchased a new position in shares of Rollins during the second quarter valued at about $217,000. Finally, Achmea Investment Management B.V. purchased a new position in shares of Rollins during the second quarter valued at about $221,000. Institutional investors own 37.39% of the company’s stock.
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In other Rollins news, insider John F. Wilson sold 12,876 shares of the company’s stock in a transaction dated Thursday, August 24th. The shares were sold at an average price of $44.60, for a total value of $574,269.60. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 56.30% of the stock is currently owned by corporate insiders.
Several brokerages recently issued reports on ROL. BidaskClub upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research report on Tuesday, August 8th. Zacks Investment Research upgraded shares of Rollins from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a research report on Saturday, July 29th. Finally, KeyCorp reiterated a “hold” rating on shares of Rollins in a research report on Sunday, October 29th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $44.67.
Shares of Rollins, Inc. (NYSE ROL) opened at $45.11 on Tuesday. The firm has a market cap of $9,869.92, a PE ratio of 54.55 and a beta of 0.26. Rollins, Inc. has a fifty-two week low of $30.33 and a fifty-two week high of $48.29.
Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, October 25th. The business services provider reported $0.24 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.25 by ($0.01). The business had revenue of $450.40 million during 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%. Rollins’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.23 EPS. analysts forecast that Rollins, Inc. will post 0.85 earnings per share for the current fiscal year.
The firm also recently disclosed a special dividend, which will be paid on Monday, December 11th. Shareholders of record on Friday, November 10th will be issued a $0.10 dividend. This represents a yield of 1.04%. The ex-dividend date of this dividend is Thursday, November 9th. Rollins’s dividend payout ratio (DPR) is presently 54.76%.
Rollins Company 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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