Rathbones Group PLC Has $115.27 Million Position in Rollins, Inc. $ROL

Rathbones Group PLC lessened its holdings in Rollins, Inc. (NYSE:ROL) by 1.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,920,435 shares of the business services provider’s stock after selling 37,682 shares during the quarter. Rathbones Group PLC’s holdings in Rollins were worth $115,265,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of ROL. Cornerstone Planning Group LLC increased its holdings in Rollins by 528.4% in the 4th quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock valued at $26,000 after buying an additional 354 shares during the period. Board of the Pension Protection Fund bought a new stake in Rollins in the 4th quarter valued at $30,000. Root Financial Partners LLC bought a new stake in Rollins in the 3rd quarter valued at $31,000. Torren Management LLC bought a new stake in Rollins in the 4th quarter valued at $36,000. Finally, Geneos Wealth Management Inc. increased its holdings in Rollins by 75.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 870 shares of the business services provider’s stock valued at $47,000 after buying an additional 375 shares during the period. Institutional investors own 51.79% of the company’s stock.

Insiders Place Their Bets

In related news, insider Elizabeth B. Chandler sold 14,201 shares of the firm’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $59.36, for a total transaction of $842,971.36. Following the completion of the sale, the insider directly owned 55,977 shares of the company’s stock, valued at $3,322,794.72. This trade represents a 20.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 5.77% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

ROL has been the subject of a number of recent research reports. Rothschild & Co Redburn set a $66.00 target price on Rollins and gave the stock a “buy” rating in a report on Monday, April 27th. The Goldman Sachs Group restated a “buy” rating and set a $67.00 target price on shares of Rollins in a research report on Thursday, April 23rd. Royal Bank Of Canada set a $67.00 target price on Rollins and gave the stock an “outperform” rating in a research report on Thursday, February 12th. Canaccord Genuity Group set a $51.00 target price on Rollins and gave the stock a “hold” rating in a research report on Friday, April 24th. Finally, Morgan Stanley set a $70.00 target price on Rollins in a research report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $65.20.

Rollins Price Performance

Rollins stock opened at $53.28 on Thursday. 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 company has a market capitalization of $25.65 billion, a PE ratio of 48.88, a price-to-earnings-growth ratio of 3.31 and a beta of 0.79. Rollins, Inc. has a one year low of $51.95 and a one year high of $66.14. The business has a 50 day simple moving average of $54.38 and a 200 day simple moving average of $58.42.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, April 22nd. The business services provider reported $0.24 EPS for the quarter, hitting the consensus estimate of $0.24. Rollins had a return on equity of 38.37% and a net margin of 13.77%.The business had revenue of $906.42 million during the quarter, compared to the consensus estimate of $895.17 million. During the same quarter last year, the company earned $0.22 EPS. Rollins’s revenue was up 10.2% on a year-over-year basis. On average, sell-side analysts forecast that Rollins, Inc. will post 1.24 EPS for the current fiscal year.

Rollins Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Monday, May 11th will be issued a dividend of $0.1825 per share. This represents a $0.73 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Monday, May 11th. Rollins’s dividend payout ratio (DPR) is currently 66.97%.

Rollins Company 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.