Railway Pension Investments Ltd Lowers Stake in Rollins, Inc. $ROL

Railway Pension Investments Ltd reduced its holdings in shares of Rollins, Inc. (NYSE:ROL) by 3.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 727,617 shares of the business services provider’s stock after selling 26,500 shares during the period. Railway Pension Investments Ltd’s holdings in Rollins were worth $43,672,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. LRI Investments LLC lifted its position in Rollins by 8.7% during the 4th quarter. LRI Investments LLC now owns 2,293 shares of the business services provider’s stock valued at $138,000 after acquiring an additional 183 shares during the period. Fifth Third Bancorp lifted its position in Rollins by 1.2% during the 3rd quarter. Fifth Third Bancorp now owns 18,874 shares of the business services provider’s stock valued at $1,109,000 after acquiring an additional 222 shares during the period. Keel Point LLC lifted its position in Rollins by 5.4% during the 2nd quarter. Keel Point LLC now owns 4,646 shares of the business services provider’s stock valued at $262,000 after acquiring an additional 238 shares during the period. Brown Brothers Harriman & Co. lifted its position in Rollins by 3.4% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 7,242 shares of the business services provider’s stock valued at $425,000 after acquiring an additional 238 shares during the period. Finally, Greenleaf Trust lifted its position in Rollins by 1.9% during the 4th quarter. Greenleaf Trust now owns 12,812 shares of the business services provider’s stock valued at $769,000 after acquiring an additional 239 shares during the period. 51.79% of the stock is owned by hedge funds and other institutional investors.

Rollins Stock Performance

Shares of NYSE ROL opened at $47.53 on Friday. The firm’s 50-day moving average price is $53.84 and its 200-day moving average price is $58.06. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 0.35. The company has a market cap of $22.88 billion, a PE ratio of 43.61, a PEG ratio of 2.93 and a beta of 0.79. Rollins, Inc. has a 52-week low of $46.85 and a 52-week high of $66.14.

Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share for the quarter, meeting the consensus estimate of $0.24. Rollins had a net margin of 13.77% and a return on equity of 38.37%. The firm had revenue of $906.42 million during the quarter, compared to analysts’ expectations of $895.17 million. During the same period in the previous year, the company earned $0.22 earnings per share. The firm’s quarterly revenue was up 10.2% on a year-over-year basis. As a group, analysts anticipate that Rollins, Inc. will post 1.24 EPS for the current year.

Rollins Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 11th will be issued a dividend of $0.1825 per share. This represents a $0.73 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, May 11th. Rollins’s payout ratio is presently 66.97%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on ROL. Sanford C. Bernstein cut shares of Rollins from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $70.00 to $52.00 in a report on Friday. Weiss Ratings cut shares of Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, May 21st. UBS Group lifted their target price on shares of Rollins from $58.00 to $61.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $67.00 target price on shares of Rollins in a report on Thursday, April 23rd. Finally, Wells Fargo & Company decreased their target price on shares of Rollins from $58.00 to $55.00 and set an “equal weight” rating for the company in a report on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $64.00.

About Rollins

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.