Fulcrum Equity Management Sells 1,130 Shares of Rollins, Inc. (NYSE:ROL)


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Fulcrum Equity Management reduced its position in shares of Rollins, Inc. (NYSE:ROL) by 2.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 53,160 shares of the business services provider’s stock after selling 1,130 shares during the period. Fulcrum Equity Management’s holdings in Rollins were worth $1,830,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. AdvisorShares Investments LLC bought a new stake in shares of Rollins during the fourth quarter worth about $1,798,000. Guggenheim Capital LLC lifted its stake in shares of Rollins by 149.2% in the fourth quarter. Guggenheim Capital LLC now owns 71,755 shares of the business services provider’s stock worth $2,803,000 after acquiring an additional 42,964 shares during the period. Handelsinvest Investeringsforvaltning lifted its stake in shares of Rollins by 50.0% in the fourth quarter. Handelsinvest Investeringsforvaltning now owns 150,000 shares of the business services provider’s stock worth $5,861,000 after acquiring an additional 50,000 shares during the period. Royal London Asset Management Ltd. lifted its stake in shares of Rollins by 44.7% in the fourth quarter. Royal London Asset Management Ltd. now owns 70,466 shares of the business services provider’s stock worth $2,751,000 after acquiring an additional 21,761 shares during the period. Finally, Railway Pension Investments Ltd lifted its stake in Rollins by 124.9% in the fourth quarter. Railway Pension Investments Ltd now owns 856,784 shares of the business services provider’s stock valued at $33,475,000 after buying an additional 475,894 shares during the period. Institutional investors own 25.69% of the company’s stock.

Several equities analysts have issued reports on ROL shares. Zacks Investment Research raised Rollins from a “sell” rating to a “buy” rating and set a $38.00 price target on the stock in a research note on Friday, January 29th. TheStreet lowered Rollins from a “b” rating to a “c+” rating in a research note on Friday, March 12th.

Shares of NYSE ROL traded up $0.28 during midday trading on Thursday, hitting $34.76. 10,803 shares of the stock traded hands, compared to its average volume of 1,517,352. The company has a market cap of $17.11 billion, a PE ratio of 68.84 and a beta of 0.42. Rollins, Inc. has a one year low of $23.03 and a one year high of $43.00. The business has a 50 day moving average price of $34.07 and a two-hundred day moving average price of $37.41. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.64 and a current ratio of 0.71.

Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, January 27th. The business services provider reported $0.13 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.02. The firm had revenue of $536.90 million during the quarter, compared to the consensus estimate of $527.20 million. Rollins had a return on equity of 30.16% and a net margin of 11.68%. The company’s quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.16 earnings per share. As a group, equities research analysts forecast that Rollins, Inc. will post 0.52 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 10th. Stockholders of record on Wednesday, February 10th were issued a dividend of $0.08 per share. The ex-dividend date was Tuesday, February 9th. This represents a $0.32 annualized dividend and a dividend yield of 0.92%. Rollins’s dividend payout ratio is 65.31%.

Rollins 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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Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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