JLB & Associates Inc. Sells 1,489 Shares of Rollins, Inc. (NYSE:ROL)

JLB & Associates Inc. lowered its stake in shares of Rollins, Inc. (NYSE:ROL) by 0.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 361,010 shares of the business services provider’s stock after selling 1,489 shares during the period. Rollins accounts for 2.3% of JLB & Associates Inc.’s holdings, making the stock its 20th biggest position. JLB & Associates Inc.’s holdings in Rollins were worth $16,733,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of ROL. Creative Planning lifted its stake in shares of Rollins by 27.1% during the 3rd quarter. Creative Planning now owns 23,169 shares of the business services provider’s stock worth $1,172,000 after purchasing an additional 4,946 shares during the last quarter. Blue Trust Inc. raised its holdings in Rollins by 307.2% in the third quarter. Blue Trust Inc. now owns 6,532 shares of the business services provider’s stock worth $319,000 after purchasing an additional 4,928 shares in the last quarter. Axecap Investments LLC bought a new position in Rollins in the third quarter worth about $943,000. International Assets Investment Management LLC lifted its position in shares of Rollins by 4,900.2% during the third quarter. International Assets Investment Management LLC now owns 83,154 shares of the business services provider’s stock valued at $4,206,000 after buying an additional 81,491 shares during the last quarter. Finally, Values First Advisors Inc. boosted its holdings in shares of Rollins by 15.7% in the 3rd quarter. Values First Advisors Inc. now owns 17,316 shares of the business services provider’s stock valued at $876,000 after buying an additional 2,353 shares in the last quarter. Institutional investors own 51.79% of the company’s stock.

Rollins Price Performance

Shares of ROL opened at $51.32 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62. The company’s fifty day moving average price is $48.23 and its 200-day moving average price is $49.08. Rollins, Inc. has a 1-year low of $40.88 and a 1-year high of $52.83. The firm has a market capitalization of $24.85 billion, a PE ratio of 53.45 and a beta of 0.76.

Rollins (NYSE:ROL) last posted its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, meeting the consensus estimate of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. On average, equities research analysts predict that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be given a $0.165 dividend. The ex-dividend date is Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a yield of 1.29%. Rollins’s dividend payout ratio is currently 68.75%.

Analyst Ratings Changes

Several research firms recently commented on ROL. Canaccord Genuity Group boosted their price objective on shares of Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research note on Friday, February 14th. Morgan Stanley upped their price target on Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday. Wells Fargo & Company boosted their target price on Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research note on Monday, January 6th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $52.00.

Rollins Profile

Rollins, Inc, through its subsidiaries, provides pest and wildlife control services to residential and commercial customers in the United States and internationally. The company offers pest control services to residential properties protecting from common pests, including rodents, insects, and wildlife.