Marsico Capital Management LLC Buys 144,078 Shares of Rollins, Inc. $ROL

Marsico Capital Management LLC grew its stake in Rollins, Inc. (NYSE:ROL) by 93.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 298,075 shares of the business services provider’s stock after purchasing an additional 144,078 shares during the period. Marsico Capital Management LLC owned approximately 0.06% of Rollins worth $17,890,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Aviva PLC grew its stake in shares of Rollins by 5.3% in the 4th quarter. Aviva PLC now owns 200,621 shares of the business services provider’s stock valued at $12,041,000 after purchasing an additional 10,095 shares during the period. Kovack Advisors Inc. acquired a new position in shares of Rollins in the 4th quarter worth approximately $1,777,000. Qtron Investments LLC boosted its holdings in shares of Rollins by 167.0% in the 4th quarter. Qtron Investments LLC now owns 9,384 shares of the business services provider’s stock worth $563,000 after acquiring an additional 5,869 shares in the last quarter. Nuveen LLC boosted its holdings in shares of Rollins by 6.9% in the 4th quarter. Nuveen LLC now owns 809,423 shares of the business services provider’s stock worth $48,582,000 after acquiring an additional 52,462 shares in the last quarter. Finally, Xponance LLC boosted its holdings in shares of Rollins by 5.7% in the 4th quarter. Xponance LLC now owns 77,302 shares of the business services provider’s stock worth $4,640,000 after acquiring an additional 4,169 shares in the last quarter. 51.79% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ROL has been the topic of several recent analyst reports. UBS Group boosted their target price on Rollins from $58.00 to $61.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Canaccord Genuity Group set a $51.00 target price on Rollins and gave the stock a “hold” rating in a report on Friday, April 24th. The Goldman Sachs Group reissued a “buy” rating and issued a $67.00 target price on shares of Rollins in a report on Thursday, April 23rd. 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. Finally, Weiss Ratings downgraded Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $64.00.

Rollins Stock Down 1.4%

NYSE ROL opened at $47.12 on Friday. The stock has a fifty day moving average of $52.66 and a 200-day moving average of $57.29. The stock has a market capitalization of $22.68 billion, a P/E ratio of 43.23, a price-to-earnings-growth ratio of 2.94 and a beta of 0.73. Rollins, Inc. has a 52 week low of $44.43 and a 52 week high of $66.14. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.59 and a current ratio of 0.65.

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

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Monday, May 11th were paid a $0.1825 dividend. This represents a $0.73 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Monday, May 11th. Rollins’s dividend payout ratio (DPR) is 66.97%.

About Rollins

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.