Aperio Group LLC Lowers Stake in Rollins, Inc. (ROL)

Aperio Group LLC cut its holdings in Rollins, Inc. (NYSE:ROL) by 20.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 99,686 shares of the business services provider’s stock after selling 25,361 shares during the quarter. Aperio Group LLC’s holdings in Rollins were worth $4,638,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in ROL. FMR LLC increased its stake in shares of Rollins by 91.3% in the second quarter. FMR LLC now owns 19,900 shares of the business services provider’s stock valued at $810,000 after buying an additional 9,500 shares in the last quarter. Parametric Portfolio Associates LLC increased its stake in shares of Rollins by 18.2% in the second quarter. Parametric Portfolio Associates LLC now owns 171,998 shares of the business services provider’s stock valued at $7,002,000 after buying an additional 26,506 shares in the last quarter. Renaissance Technologies LLC increased its stake in shares of Rollins by 24.8% in the second quarter. Renaissance Technologies LLC now owns 303,700 shares of the business services provider’s stock valued at $12,364,000 after buying an additional 60,325 shares in the last quarter. Virtu KCG Holdings LLC acquired a new stake in shares of Rollins in the second quarter valued at $259,000. Finally, Royal Bank of Canada increased its stake in shares of Rollins by 209.5% in the second quarter. Royal Bank of Canada now owns 72,772 shares of the business services provider’s stock valued at $2,962,000 after buying an additional 49,257 shares in the last quarter. Institutional investors own 37.33% of the company’s stock.

Shares of Rollins, Inc. (ROL) opened at $48.75 on Friday. The company has a market capitalization of $10,630.00, a PE ratio of 59.45 and a beta of 0.23. Rollins, Inc. has a 12-month low of $35.51 and a 12-month high of $51.78.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, January 24th. The business services provider reported $0.21 EPS for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.01. The firm had revenue of $414.70 million during the quarter, compared to analyst estimates of $412.08 million. Rollins had a return on equity of 29.76% and a net margin of 10.70%. The company’s revenue was up 7.5% on a year-over-year basis. During the same period last year, the company earned $0.17 earnings per share. equities research analysts expect that Rollins, Inc. will post 1.13 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Friday, February 9th will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 1.15%. This is a positive change from Rollins’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Thursday, February 8th. Rollins’s dividend payout ratio (DPR) is presently 68.29%.

ROL has been the subject of a number of research reports. KeyCorp restated a “hold” rating on shares of Rollins in a research note on Sunday, October 29th. William Blair initiated coverage on Rollins in a research note on Monday, January 29th. They issued an “outperform” rating for the company. Finally, Zacks Investment Research upgraded Rollins from a “hold” rating to a “buy” rating and set a $57.00 target price for the company in a research note on Saturday, January 27th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $47.67.

In other news, Vice Chairman Gary W. Rollins acquired 2,180 shares of the stock in a transaction that occurred on Wednesday, December 13th. The stock was purchased at an average cost of $45.84 per share, for a total transaction of $99,931.20. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 56.30% of the stock is owned by company insiders.

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Rollins Profile

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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Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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