Rollins, Inc. $ROL Holdings Boosted by Schroder Investment Management Group

Schroder Investment Management Group grew its stake in shares of Rollins, Inc. (NYSE:ROL) by 18.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 942,746 shares of the business services provider’s stock after purchasing an additional 147,675 shares during the quarter. Schroder Investment Management Group’s holdings in Rollins were worth $55,169,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in ROL. Root Financial Partners LLC bought a new stake in shares of Rollins in the 3rd quarter worth approximately $31,000. TD Waterhouse Canada Inc. grew its stake in Rollins by 58.4% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 730 shares of the business services provider’s stock worth $41,000 after buying an additional 269 shares during the last quarter. CYBER HORNET ETFs LLC bought a new position in Rollins during the 2nd quarter worth $42,000. TruNorth Capital Management LLC acquired a new stake in Rollins in the third quarter worth $45,000. Finally, First Horizon Corp acquired a new stake in Rollins in the third quarter worth $47,000. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Rollins Trading Down 2.3%

Shares of ROL stock opened at $56.23 on Wednesday. Rollins, Inc. has a 1 year low of $49.73 and a 1 year high of $66.14. The firm has a market capitalization of $27.05 billion, a PE ratio of 51.58, a price-to-earnings-growth ratio of 3.55 and a beta of 0.80. The stock has a fifty day moving average of $61.21 and a two-hundred day moving average of $59.24. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.55 and a current ratio of 0.60.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, February 11th. The business services provider reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.02). The business had revenue of $912.91 million for the quarter, compared to analyst estimates of $925.08 million. Rollins had a net margin of 14.00% and a return on equity of 38.16%. Rollins’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same period last year, the business posted $0.22 earnings per share. As a group, research analysts expect that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 25th were paid a dividend of $0.1825 per share. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a $0.73 annualized dividend and a yield of 1.3%. Rollins’s dividend payout ratio (DPR) is presently 66.97%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Rollins in a report on Monday, December 29th. UBS Group set a $65.00 price objective on shares of Rollins in a report on Wednesday, January 21st. Royal Bank Of Canada set a $67.00 price objective on shares of Rollins and gave the company an “outperform” rating in a research report on Thursday, February 12th. Wells Fargo & Company set a $56.00 target price on shares of Rollins and gave the company an “equal weight” rating in a research note on Thursday, February 12th. Finally, Morgan Stanley set a $70.00 target price on shares of Rollins in a research report on Friday, February 13th. Eleven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Rollins has an average rating of “Moderate Buy” and an average price target of $66.08.

Insider Activity at Rollins

In other news, insider Elizabeth B. Chandler sold 14,201 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $59.36, for a total value of $842,971.36. Following the completion of the sale, the insider directly owned 55,977 shares of the company’s stock, valued at approximately $3,322,794.72. This represents a 20.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Thomas D. Tesh sold 887 shares of the stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $63.26, for a total transaction of $56,111.62. Following the completion of the transaction, the insider owned 28,344 shares of the company’s stock, valued at $1,793,041.44. This trade represents a 3.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 73,351 shares of company stock worth $4,554,785 in the last three months. Insiders own 4.47% of the company’s stock.

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.