Rollins, Inc. $ROL Shares Bought by Pacer Advisors Inc.

Pacer Advisors Inc. increased its position in shares of Rollins, Inc. (NYSE:ROL) by 71.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,505 shares of the business services provider’s stock after acquiring an additional 16,444 shares during the quarter. Pacer Advisors Inc.’s holdings in Rollins were worth $2,371,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ROL. DV Equities LLC purchased a new stake in Rollins in the 4th quarter valued at about $25,000. Cornerstone Planning Group LLC grew its stake in shares of Rollins by 528.4% in the fourth quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock worth $26,000 after acquiring an additional 354 shares in the last quarter. Board of the Pension Protection Fund purchased a new stake in Rollins during the 4th quarter worth about $30,000. Torren Management LLC acquired a new stake in Rollins in the fourth quarter valued at approximately $36,000. Finally, Fideuram Asset Management Ireland dac purchased a new position in Rollins in the fourth quarter worth approximately $43,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Sanford C. Bernstein cut shares of Rollins from an “outperform” rating to a “market perform” rating and lowered their price target for the stock from $70.00 to $52.00 in a report on Friday, May 29th. Loop Capital began coverage on shares of Rollins in a research note on Monday, April 13th. They set a “hold” rating and a $56.00 target price for the company. Weiss Ratings lowered Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, May 21st. UBS Group raised their price target on Rollins from $58.00 to $61.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Finally, Rothschild & Co Redburn set a $66.00 price target on Rollins and gave the stock a “buy” rating in a report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, Rollins currently has an average rating of “Moderate Buy” and an average price target of $63.71.

Rollins Stock Up 0.7%

ROL stock opened at $44.70 on Wednesday. The stock has a market cap of $21.52 billion, a P/E ratio of 41.01, a PEG ratio of 2.73 and a beta of 0.73. 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 $44.09 and a twelve month high of $66.14. The company’s 50 day moving average is $51.28 and its two-hundred day moving average is $56.42.

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

Rollins Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Monday, May 11th were given a $0.1825 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $0.73 dividend on an annualized basis and a yield of 1.6%. Rollins’s payout ratio is 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.