Rollins, Inc. $ROL Shares Sold by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. trimmed its position in shares of Rollins, Inc. (NYSE:ROL) by 4.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,163,321 shares of the business services provider’s stock after selling 51,282 shares during the period. Epoch Investment Partners Inc.’s holdings in Rollins were worth $69,823,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. LRI Investments LLC increased its holdings in shares of Rollins by 8.7% during the 4th quarter. LRI Investments LLC now owns 2,293 shares of the business services provider’s stock worth $138,000 after buying an additional 183 shares during the last quarter. New Mexico Educational Retirement Board increased its holdings in shares of Rollins by 1.6% during the 4th quarter. New Mexico Educational Retirement Board now owns 12,875 shares of the business services provider’s stock worth $773,000 after buying an additional 200 shares during the last quarter. Sumitomo Life Insurance Co. increased its holdings in shares of Rollins by 1.2% during the 4th quarter. Sumitomo Life Insurance Co. now owns 18,288 shares of the business services provider’s stock worth $1,098,000 after buying an additional 221 shares during the last quarter. Fifth Third Bancorp increased its holdings in shares of Rollins by 1.2% during the 3rd quarter. Fifth Third Bancorp now owns 18,874 shares of the business services provider’s stock worth $1,109,000 after buying an additional 222 shares during the last quarter. Finally, Keel Point LLC increased its holdings in shares of Rollins by 5.4% during the 2nd quarter. Keel Point LLC now owns 4,646 shares of the business services provider’s stock worth $262,000 after buying an additional 238 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Rollins Stock Up 0.1%

Shares of Rollins stock opened at $47.10 on Friday. The company has a fifty day moving average price of $52.53 and a 200 day moving average price of $57.22. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.35. Rollins, Inc. has a twelve month low of $44.43 and a twelve month high of $66.14. The stock has a market cap of $22.68 billion, a price-to-earnings ratio of 43.21, a price-to-earnings-growth ratio of 2.90 and a beta of 0.73.

Rollins (NYSE:ROL) last announced its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share for the quarter, hitting analysts’ consensus estimates 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 prior year, the company earned $0.22 EPS. The firm’s revenue was up 10.2% on a year-over-year basis. Equities research analysts forecast 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 was paid on Wednesday, June 10th. Investors of record on Monday, May 11th were given a dividend of $0.1825 per share. This represents a $0.73 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Monday, May 11th. Rollins’s dividend payout ratio is 66.97%.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Rothschild & Co Redburn set a $66.00 price objective on Rollins and gave the stock a “buy” rating in a report on Monday, April 27th. Wells Fargo & Company decreased their price target on shares of Rollins from $58.00 to $55.00 and set an “equal weight” rating for the company in a research report on Friday, May 15th. Weiss Ratings cut shares of Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, May 21st. Sanford C. Bernstein cut shares of Rollins from an “outperform” rating to a “market perform” rating and decreased their price target for the stock from $70.00 to $52.00 in a research report on Friday, May 29th. Finally, UBS Group upped their price target on shares of Rollins from $58.00 to $61.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. 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 company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $64.00.

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.