Standard Life Aberdeen plc raised its holdings in shares of Rollins, Inc. (NYSE:ROL) by 633.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 38,324 shares of the business services provider’s stock after acquiring an additional 33,100 shares during the quarter. Standard Life Aberdeen plc’s holdings in Rollins were worth $1,373,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the company. Proficio Capital Partners LLC grew its stake in shares of Rollins by 50.4% during the 4th quarter. Proficio Capital Partners LLC now owns 1,235 shares of the business services provider’s stock worth $45,000 after acquiring an additional 414 shares in the last quarter. Whittier Trust Co. grew its stake in shares of Rollins by 50.0% during the 4th quarter. Whittier Trust Co. now owns 1,419 shares of the business services provider’s stock worth $51,000 after acquiring an additional 473 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Rollins by 6.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 7,817 shares of the business services provider’s stock worth $282,000 after acquiring an additional 477 shares in the last quarter. Enlightenment Research LLC bought a new position in shares of Rollins during the 4th quarter worth approximately $32,000. Finally, Nordea Investment Management AB grew its stake in shares of Rollins by 11.3% during the 3rd quarter. Nordea Investment Management AB now owns 9,533 shares of the business services provider’s stock worth $579,000 after acquiring an additional 967 shares in the last quarter. 39.42% of the stock is owned by institutional investors.

NYSE:ROL opened at $40.46 on Friday. Rollins, Inc. has a 1-year low of $32.08 and a 1-year high of $42.95. The firm has a market capitalization of $13.25 billion, a P/E ratio of 56.99 and a beta of 0.48.

Rollins (NYSE:ROL) last released its earnings results on Wednesday, January 23rd. The business services provider reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.01). Rollins had a net margin of 12.72% and a return on equity of 33.03%. The firm had revenue of $444.62 million during the quarter, compared to the consensus estimate of $446.61 million. During the same period in the prior year, the business posted $0.10 earnings per share. Rollins’s quarterly revenue was up 7.2% compared to the same quarter last year. On average, research analysts anticipate that Rollins, Inc. will post 0.77 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Monday, February 11th were paid a $0.105 dividend. The ex-dividend date was Friday, February 8th. This is a boost from Rollins’s previous quarterly dividend of $0.09. This represents a $0.42 annualized dividend and a dividend yield of 1.04%. Rollins’s dividend payout ratio (DPR) is currently 59.15%.

ROL has been the subject of several research reports. William Blair reaffirmed a “buy” rating on shares of Rollins in a research note on Friday, December 7th. ValuEngine raised shares of Rollins from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, November 20th. Zacks Investment Research raised shares of Rollins from a “sell” rating to a “hold” rating and set a $41.00 target price for the company in a research note on Saturday, January 5th. Finally, Nomura reissued a “buy” rating and issued a $46.00 target price on shares of Rollins in a research note on Monday, January 28th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Rollins currently has a consensus rating of “Hold” and a consensus price target of $39.00.

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About Rollins

Rollins, Inc, through its subsidiaries, provides pest and termite control services to residential and commercial customers. It offers protection against termite damage, rodents, and insects to homes and businesses, including hotels, food service establishments, food manufacturers, retailers, and transportation companies.

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Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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