Buckhead Capital Management LLC Has $608,000 Stake in Rollins, Inc. (NYSE:ROL)

Buckhead Capital Management LLC lifted its position in Rollins, Inc. (NYSE:ROL) by 3.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,112 shares of the business services provider’s stock after buying an additional 483 shares during the quarter. Buckhead Capital Management LLC’s holdings in Rollins were worth $608,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. B.O.S.S. Retirement Advisors LLC lifted its stake in Rollins by 4.9% in the third quarter. B.O.S.S. Retirement Advisors LLC now owns 4,543 shares of the business services provider’s stock valued at $230,000 after acquiring an additional 212 shares during the last quarter. Eastern Bank lifted its stake in shares of Rollins by 0.5% in the 4th quarter. Eastern Bank now owns 50,410 shares of the business services provider’s stock valued at $2,337,000 after purchasing an additional 236 shares during the last quarter. Raymond James Trust N.A. boosted its holdings in Rollins by 1.9% in the third quarter. Raymond James Trust N.A. now owns 13,283 shares of the business services provider’s stock worth $672,000 after purchasing an additional 252 shares in the last quarter. Motley Fool Asset Management LLC increased its position in Rollins by 3.0% during the third quarter. Motley Fool Asset Management LLC now owns 10,072 shares of the business services provider’s stock worth $509,000 after buying an additional 289 shares during the last quarter. Finally, Mather Group LLC. increased its position in Rollins by 9.8% during the fourth quarter. Mather Group LLC. now owns 3,325 shares of the business services provider’s stock worth $154,000 after buying an additional 298 shares during the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Wall Street Analysts Forecast Growth

ROL has been the subject of a number of analyst reports. Barclays began coverage on Rollins in a research note on Monday, November 4th. They set an “equal weight” rating and a $50.00 price target for the company. Wells Fargo & Company upped their target price on Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. Canaccord Genuity Group initiated coverage on Rollins in a report on Tuesday, January 7th. They set a “hold” rating and a $48.00 price target on the stock. Morgan Stanley boosted their price objective on shares of Rollins from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 12th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 price objective on shares of Rollins in a report on Monday, January 6th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $51.50.

Rollins Stock Performance

Shares of NYSE ROL opened at $51.99 on Friday. Rollins, Inc. has a 12 month low of $40.41 and a 12 month high of $52.84. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.34. The company has a market cap of $25.18 billion, a P/E ratio of 54.16 and a beta of 0.76. The business’s 50 day moving average is $48.00 and its two-hundred day moving average is $48.96.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.23. Rollins had a net margin of 14.18% and a return on equity of 38.67%. On average, equities analysts expect that Rollins, Inc. will post 0.99 EPS for the current year.

Rollins Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th will be given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date is Tuesday, February 25th. Rollins’s dividend payout ratio is currently 68.75%.

About Rollins

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.