Compass Capital Management Inc. Buys 1,362,112 Shares of Rollins, Inc. $ROL

Compass Capital Management Inc. purchased a new position in shares of Rollins, Inc. (NYSE:ROL) during the 3rd quarter, HoldingsChannel reports. The firm purchased 1,362,112 shares of the business services provider’s stock, valued at approximately $41,027,000. Rollins accounts for 2.6% of Compass Capital Management Inc.’s portfolio, making the stock its 22nd largest holding.

Other hedge funds also recently bought and sold shares of the company. Money Concepts Capital Corp grew its position in shares of Rollins by 12.3% during the third quarter. Money Concepts Capital Corp now owns 19,623 shares of the business services provider’s stock worth $591,000 after buying an additional 2,153 shares in the last quarter. Russell Investments Group Ltd. increased its stake in shares of Rollins by 29.4% during the third quarter. Russell Investments Group Ltd. now owns 321,633 shares of the business services provider’s stock worth $9,694,000 after buying an additional 73,036 shares during the period. Fifth Third Bancorp purchased a new stake in shares of Rollins during the third quarter worth approximately $10,165,000. Maryland State Retirement & Pension System increased its stake in shares of Rollins by 12.0% during the third quarter. Maryland State Retirement & Pension System now owns 16,446 shares of the business services provider’s stock worth $495,000 after buying an additional 1,765 shares during the period. Finally, Jacobi Capital Management LLC acquired a new stake in Rollins in the third quarter valued at approximately $56,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Stock Performance

Shares of Rollins stock opened at $38.83 on Friday. The company has a quick ratio of 0.58, a current ratio of 0.62 and a debt-to-equity ratio of 0.35. Rollins, Inc. has a 52 week low of $29.28 and a 52 week high of $66.14. The firm’s 50 day moving average is $33.88 and its two-hundred day moving average is $45.75. The firm has a market capitalization of $18.56 billion, a P/E ratio of 32.97, a P/E/G ratio of 4.29 and a beta of 0.73.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, October 21st. The business services provider reported $0.34 earnings per share for the quarter, hitting the consensus estimate of $0.34. Rollins had a net margin of 13.19% and a return on equity of 39.43%. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter in the previous year, the firm earned $0.35 EPS. The company’s revenue was up 6.2% compared to the same quarter last year. Research analysts forecast that Rollins, Inc. will post 1.14 EPS for the current fiscal year.

Rollins Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Tuesday, November 10th will be paid a dividend of $0.20 per share. The ex-dividend date is Tuesday, November 10th. This represents a $0.80 annualized dividend and a yield of 2.1%. This is an increase from Rollins’s previous quarterly dividend of $0.1825. Rollins’s dividend payout ratio (DPR) is 73.39%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on ROL. Barclays set a $45.00 price target on shares of Rollins and gave the stock an “overweight” rating in a research note on Friday, July 24th. Sanford C. Bernstein reduced their price objective on shares of Rollins from $42.00 to $35.00 and set a “market perform” rating on the stock in a report on Monday, October 19th. Morgan Stanley decreased their price objective on shares of Rollins from $45.00 to $43.00 and set an “overweight” rating for the company in a research report on Tuesday, October 13th. Argus cut Rollins from a “buy” rating to a “hold” rating in a research note on Wednesday, August 5th. Finally, Raymond James Financial set a $35.00 price target on Rollins in a report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Rollins currently has an average rating of “Hold” and an average target price of $40.56.

Latest Rollins News

These are some of the ROL news items that stood out recently:

• Neutral Sentiment: Rollins said management will present at the RBC Capital Markets Global Industrials Conference on November 16. Investors may look for business updates, but the announcement itself contains no new operating or financial information. Rollins to Present at Upcoming Investor Conferences

Rollins Profile

Rollins, Inc. is a global provider of pest and termite control services for residential and commercial customers. Its services include inspections, prevention and treatment for common household and business pests, as well as termite protection, mosquito control and wildlife removal. The company operates through brands including Orkin, HomeTeam Pest Defense and Clark Pest Control. Founded in 1948, Rollins expanded into pest control with its 1964 acquisition of Orkin, which remains one of its best-known brands.