Smith Shellnut Wilson LLC ADV decreased its position in Rollins, Inc. (NYSE:ROL) by 4.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,177 shares of the business services provider’s stock after selling 319 shares during the quarter. Smith Shellnut Wilson LLC ADV’s holdings in Rollins were worth $257,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. Icon Wealth Partners LLC bought a new stake in shares of Rollins in the 1st quarter worth approximately $39,000. CWM LLC lifted its holdings in shares of Rollins by 782.7% in the 2nd quarter. CWM LLC now owns 1,324 shares of the business services provider’s stock worth $47,000 after purchasing an additional 1,174 shares during the last quarter. Citizens Financial Group Inc RI bought a new stake in shares of Rollins in the 1st quarter worth approximately $52,000. Tompkins Financial Corp lifted its holdings in shares of Rollins by 1,490.6% in the 2nd quarter. Tompkins Financial Corp now owns 1,527 shares of the business services provider’s stock worth $55,000 after purchasing an additional 1,431 shares during the last quarter. Finally, YorkBridge Wealth Partners LLC lifted its holdings in shares of Rollins by 34.6% in the 1st quarter. YorkBridge Wealth Partners LLC now owns 3,242 shares of the business services provider’s stock worth $135,000 after purchasing an additional 833 shares during the last quarter. Institutional investors own 42.16% of the company’s stock.
Shares of NYSE ROL traded up $0.09 during mid-day trading on Monday, hitting $34.63. The company had a trading volume of 38,478 shares, compared to its average volume of 1,203,637. The firm’s 50 day simple moving average is $33.17 and its two-hundred day simple moving average is $37.46. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.77 and a quick ratio of 0.73. The stock has a market cap of $11.37 billion, a price-to-earnings ratio of 48.79 and a beta of 0.35. Rollins, Inc. has a 12 month low of $31.36 and a 12 month high of $43.91.
Rollins (NYSE:ROL) last announced its earnings results on Wednesday, July 24th. The business services provider reported $0.21 earnings per share for the quarter, meeting the consensus estimate of $0.21. The firm had revenue of $524.00 million for the quarter, compared to the consensus estimate of $523.88 million. Rollins had a return on equity of 31.43% and a net margin of 11.99%. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.30 EPS. Equities analysts forecast that Rollins, Inc. will post 0.72 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Friday, August 9th were paid a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend was Thursday, August 8th. Rollins’s payout ratio is currently 59.15%.
Several analysts recently issued reports on ROL shares. Stifel Nicolaus downgraded Rollins from a “hold” rating to a “sell” rating and cut their price target for the stock from $36.50 to $25.00 in a report on Wednesday, June 26th. Zacks Investment Research raised Rollins from a “sell” rating to a “hold” rating and set a $37.00 price target on the stock in a report on Monday, July 29th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $35.87.
Rollins Company Profile
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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