18,185 Shares in Rollins, Inc. $ROL Bought by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd bought a new position in shares of Rollins, Inc. (NYSE:ROL) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 18,185 shares of the business services provider’s stock, valued at approximately $1,091,000.

Other large investors have also added to or reduced their stakes in the company. Cornerstone Planning Group LLC boosted its holdings in Rollins by 528.4% during the fourth quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock worth $26,000 after purchasing an additional 354 shares during the last quarter. Board of the Pension Protection Fund acquired a new position in Rollins during the fourth quarter worth $30,000. Torren Management LLC acquired a new position in Rollins during the fourth quarter worth $36,000. Fideuram Asset Management Ireland dac acquired a new position in Rollins during the fourth quarter worth $43,000. Finally, Root Financial Partners LLC lifted its stake in Rollins by 47.3% in the fourth quarter. Root Financial Partners LLC now owns 782 shares of the business services provider’s stock valued at $47,000 after acquiring an additional 251 shares during the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on the stock. Morgan Stanley set a $70.00 price target on shares of Rollins in a research note on Friday, February 13th. Loop Capital assumed coverage on shares of Rollins in a research note on Monday, April 13th. They issued a “hold” rating and a $56.00 price target for the company. The Goldman Sachs Group reiterated a “buy” rating and issued a $67.00 price target on shares of Rollins in a research note on Thursday, April 23rd. Sanford C. Bernstein cut 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. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, Rollins currently has an average rating of “Moderate Buy” and an average price target of $64.00.

Rollins Price Performance

NYSE:ROL opened at $47.10 on Friday. Rollins, Inc. has a 52 week low of $44.43 and a 52 week high of $66.14. The firm has a market cap of $22.68 billion, a price-to-earnings ratio of 43.21, a P/E/G ratio of 2.90 and a beta of 0.73. The firm’s 50-day simple moving average is $52.53 and its 200 day simple moving average is $57.22. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.59 and a current ratio of 0.65.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $0.24 EPS for the quarter, hitting analysts’ consensus estimates of $0.24. Rollins had a net margin of 13.77% and a return on equity of 38.37%. The business had revenue of $906.42 million for the quarter, compared to analyst estimates of $895.17 million. During the same period last year, the firm earned $0.22 earnings per share. Rollins’s revenue for the quarter was up 10.2% compared to the same quarter last year. As a group, sell-side analysts predict that Rollins, Inc. will post 1.24 earnings per share for the current year.

Rollins Dividend Announcement

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

Rollins Profile

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.