Advisor Group Inc. raised its position in shares of Rollins, Inc. (NYSE:ROL) by 31.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,705 shares of the business services provider’s stock after purchasing an additional 4,950 shares during the quarter. Advisor Group Inc.’s holdings in Rollins were worth $955,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the business. Capital Analysts LLC raised its stake in Rollins by 3.1% during the 3rd quarter. Capital Analysts LLC now owns 84,921 shares of the business services provider’s stock valued at $3,918,000 after purchasing an additional 2,546 shares during the period. Toronto Dominion Bank raised its stake in Rollins by 243.6% during the 3rd quarter. Toronto Dominion Bank now owns 4,144 shares of the business services provider’s stock valued at $191,000 after purchasing an additional 2,938 shares during the period. Dorsey Wright & Associates increased its stake in shares of Rollins by 49.4% in the third quarter. Dorsey Wright & Associates now owns 110,566 shares of the business services provider’s stock worth $5,102,000 after acquiring an additional 36,544 shares during the last quarter. New York State Common Retirement Fund increased its stake in shares of Rollins by 60.6% in the third quarter. New York State Common Retirement Fund now owns 941,673 shares of the business services provider’s stock worth $43,449,000 after acquiring an additional 355,300 shares during the last quarter. Finally, Sei Investments Co. increased its stake in shares of Rollins by 390.6% in the third quarter. Sei Investments Co. now owns 22,070 shares of the business services provider’s stock worth $1,018,000 after acquiring an additional 17,571 shares during the last quarter. 37.65% of the stock is currently owned by institutional investors.
Shares of Rollins, Inc. (NYSE:ROL) traded up $0.58 during trading hours on Wednesday, reaching $46.17. 715,223 shares of the company were exchanged, compared to its average volume of 543,096. The company has a market capitalization of $10,048.66, a PE ratio of 55.54 and a beta of 0.28. Rollins, Inc. has a 12-month low of $32.82 and a 12-month high of $48.29.
Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, October 25th. The business services provider reported $0.24 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.25 by ($0.01). Rollins had a return on equity of 29.60% and a net margin of 11.15%. The business had revenue of $450.40 million during the quarter, compared to the consensus estimate of $449.92 million. During the same quarter in the prior year, the company posted $0.23 earnings per share. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. research analysts expect that Rollins, Inc. will post 0.85 EPS for the current year.
The company also recently declared a special dividend, which will be paid on Monday, December 11th. Shareholders of record on Friday, November 10th will be issued a dividend of $0.10 per share. This represents a yield of 1.04%. The ex-dividend date is Thursday, November 9th. Rollins’s dividend payout ratio (DPR) is 54.76%.
A number of equities analysts have recently weighed in on ROL shares. KeyCorp reaffirmed a “hold” rating on shares of Rollins in a research note on Sunday, October 29th. Zacks Investment Research downgraded shares of Rollins from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. Finally, BidaskClub raised shares of Rollins from a “hold” rating to a “buy” rating in a research note on Tuesday, August 8th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $44.67.
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Rollins, Inc is a service company, which operates in pest and termite control business segment. The Company, through its subsidiaries, provides its services to both residential and commercial customers in North America, Australia, and Europe with international franchises in Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, Canada, Australia, and Mexico.
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