New Age Alpha Advisors LLC Sells 45,924 Shares of Rollins, Inc. $ROL

New Age Alpha Advisors LLC decreased its position in Rollins, Inc. (NYSE:ROL) by 91.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,274 shares of the business services provider’s stock after selling 45,924 shares during the period. New Age Alpha Advisors LLC’s holdings in Rollins were worth $257,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. LRI Investments LLC lifted its stake in Rollins by 8.7% in the fourth quarter. LRI Investments LLC now owns 2,293 shares of the business services provider’s stock valued at $138,000 after buying an additional 183 shares during the period. Fifth Third Bancorp lifted its stake in Rollins by 1.2% in the third quarter. Fifth Third Bancorp now owns 18,874 shares of the business services provider’s stock valued at $1,109,000 after buying an additional 222 shares during the period. Keel Point LLC lifted its stake in Rollins by 5.4% in the second quarter. Keel Point LLC now owns 4,646 shares of the business services provider’s stock valued at $262,000 after buying an additional 238 shares during the period. Brown Brothers Harriman & Co. lifted its stake in Rollins by 3.4% in the third quarter. Brown Brothers Harriman & Co. now owns 7,242 shares of the business services provider’s stock valued at $425,000 after buying an additional 238 shares during the period. Finally, Greenleaf Trust lifted its stake in Rollins by 1.9% in the fourth quarter. Greenleaf Trust now owns 12,812 shares of the business services provider’s stock valued at $769,000 after buying an additional 239 shares during the period. Institutional investors own 51.79% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Loop Capital assumed coverage on Rollins in a research note on Monday, April 13th. They issued a “hold” rating and a $56.00 target price on the stock. Rothschild & Co Redburn set a $66.00 target price on Rollins and gave the company a “buy” rating in a research note on Monday, April 27th. Weiss Ratings lowered Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, May 21st. Bank of America assumed coverage on Rollins in a research note on Tuesday, February 17th. They issued a “buy” rating and a $67.00 target price on the stock. Finally, Royal Bank Of Canada set a $67.00 target price on Rollins and gave the company an “outperform” rating in a research note on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Rollins has an average rating of “Moderate Buy” and a consensus price target of $64.00.

Rollins Trading Down 3.8%

NYSE ROL opened at $47.53 on Friday. The firm has a market cap of $22.88 billion, a P/E ratio of 43.61, a P/E/G ratio of 3.04 and a beta of 0.79. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.65 and a quick ratio of 0.59. The stock’s 50-day moving average is $53.84 and its 200-day moving average is $58.06. Rollins, Inc. has a one year low of $46.85 and a one year high of $66.14.

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. The company had revenue of $906.42 million for the quarter, compared to analyst estimates of $895.17 million. Rollins had a return on equity of 38.37% and a net margin of 13.77%.Rollins’s revenue was up 10.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.22 earnings per share. Sell-side analysts anticipate that Rollins, Inc. will post 1.24 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 11th will be given a dividend of $0.1825 per share. The ex-dividend date of this dividend is Monday, May 11th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.5%. 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.