Rollins, Inc. $ROL Stock Holdings Lessened by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. cut its holdings in Rollins, Inc. (NYSE:ROL) by 4.9% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 652,296 shares of the business services provider’s stock after selling 33,366 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Rollins were worth $34,839,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of ROL. National Pension Service boosted its position in Rollins by 138.3% during the 4th quarter. National Pension Service now owns 51,277 shares of the business services provider’s stock valued at $3,078,000 after purchasing an additional 29,758 shares during the period. Mirabella Financial Services LLP acquired a new position in shares of Rollins during the third quarter valued at $1,739,000. Nordea Investment Management AB boosted its holdings in shares of Rollins by 52.1% during the fourth quarter. Nordea Investment Management AB now owns 852,362 shares of the business services provider’s stock valued at $51,363,000 after acquiring an additional 292,062 shares during the period. Moody Lynn & Lieberson LLC grew its position in shares of Rollins by 718.8% during the fourth quarter. Moody Lynn & Lieberson LLC now owns 32,244 shares of the business services provider’s stock worth $1,935,000 after acquiring an additional 28,306 shares during the last quarter. Finally, Concurrent Investment Advisors LLC grew its position in shares of Rollins by 65.7% during the fourth quarter. Concurrent Investment Advisors LLC now owns 44,265 shares of the business services provider’s stock worth $2,657,000 after acquiring an additional 17,546 shares during the last quarter. Institutional investors own 51.79% of the company’s stock.

Wall Street Analyst Weigh In

ROL has been the topic of several recent research reports. Canaccord Genuity Group set a $51.00 price objective on shares of Rollins and gave the company a “hold” rating in a research report on Friday, April 24th. Weiss Ratings cut shares of Rollins from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 26th. Sanford C. Bernstein lowered shares of Rollins from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $70.00 to $52.00 in a research note on Friday, May 29th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $67.00 price target on shares of Rollins in a report on Thursday, April 23rd. Finally, Rothschild & Co Redburn set a $66.00 price objective on Rollins and gave the stock a “buy” rating in a research report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, Rollins presently has a consensus rating of “Moderate Buy” and a consensus price target of $62.71.

Rollins Price Performance

Shares of Rollins stock opened at $44.93 on Tuesday. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.35. The company’s 50-day moving average price is $47.97 and its two-hundred day moving average price is $54.80. Rollins, Inc. has a 52 week low of $41.50 and a 52 week high of $66.14. The stock has a market cap of $21.63 billion, a PE ratio of 41.22, a price-to-earnings-growth ratio of 2.72 and a beta of 0.75.

Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share for the quarter, meeting the consensus estimate of $0.24. The company 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 business’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.22 EPS. As a group, sell-side analysts anticipate that Rollins, Inc. will post 1.25 EPS for the current fiscal year.

Rollins Announces Dividend

The firm also recently announced 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. This represents a $0.73 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Monday, May 11th. Rollins’s dividend payout ratio (DPR) is presently 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.