Dimensional Fund Advisors LP Has $141.42 Million Stake in Rollins, Inc. $ROL

Dimensional Fund Advisors LP grew its stake in shares of Rollins, Inc. (NYSE:ROL) by 3.9% in the first quarter, HoldingsChannel.com reports. The firm owned 2,617,940 shares of the business services provider’s stock after purchasing an additional 98,607 shares during the period. Dimensional Fund Advisors LP’s holdings in Rollins were worth $141,424,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in Rollins by 3.0% during the first quarter. Vanguard Group Inc. now owns 34,736,543 shares of the business services provider’s stock worth $1,876,815,000 after buying an additional 999,797 shares in the last quarter. Northern Trust Corp boosted its holdings in Rollins by 11.8% during the 4th quarter. Northern Trust Corp now owns 3,046,844 shares of the business services provider’s stock worth $141,221,000 after acquiring an additional 322,610 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Rollins by 2.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,301,146 shares of the business services provider’s stock worth $124,331,000 after acquiring an additional 49,871 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Rollins by 17.7% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,860,798 shares of the business services provider’s stock valued at $86,248,000 after purchasing an additional 279,855 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Rollins in the fourth quarter valued at about $81,747,000. Institutional investors own 51.79% of the company’s stock.

Rollins Stock Up 0.9%

ROL opened at $58.4330 on Thursday. Rollins, Inc. has a twelve month low of $45.34 and a twelve month high of $59.10. The company’s 50-day moving average price is $56.81 and its two-hundred day moving average price is $54.94. The stock has a market cap of $28.32 billion, a price-to-earnings ratio of 57.86 and a beta of 0.69. The company has a quick ratio of 0.63, a current ratio of 0.68 and a debt-to-equity ratio of 0.34.

Rollins (NYSE:ROL) last posted its quarterly earnings results on Wednesday, July 23rd. The business services provider reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.01. Rollins had a net margin of 13.70% and a return on equity of 36.96%. The company had revenue of $999.53 million for the quarter, compared to analysts’ expectations of $988.77 million. During the same quarter in the previous year, the firm posted $0.27 EPS. Rollins’s revenue was up 12.1% on a year-over-year basis. As a group, equities analysts expect that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Monday, August 11th will be given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Monday, August 11th. Rollins’s dividend payout ratio is currently 65.35%.

Analysts Set New Price Targets

ROL has been the subject of a number of recent analyst reports. Argus initiated coverage on shares of Rollins in a research report on Wednesday, June 18th. They issued a “buy” rating and a $68.00 price objective for the company. The Goldman Sachs Group set a $61.00 target price on Rollins and gave the stock a “buy” rating in a research note on Thursday, April 24th. UBS Group upped their target price on Rollins from $59.00 to $61.00 and gave the company a “neutral” rating in a report on Friday, July 25th. Barclays increased their price target on Rollins from $55.00 to $60.00 and gave the company an “equal weight” rating in a research report on Friday, July 25th. Finally, Piper Sandler boosted their price objective on Rollins from $70.00 to $72.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Six investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Rollins has a consensus rating of “Moderate Buy” and an average target price of $61.40.

Insider Buying and Selling at Rollins

In related news, Chairman John F. Wilson sold 40,000 shares of Rollins stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $56.77, for a total value of $2,270,800.00. Following the completion of the sale, the chairman owned 662,727 shares of the company’s stock, valued at approximately $37,623,011.79. This trade represents a 5.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 4.47% of the company’s stock.

Rollins Company Profile

Rollins, Inc, through its subsidiaries, provides pest and wildlife control services to residential and commercial customers in the United States and internationally. The company offers pest control services to residential properties protecting from common pests, including rodents, insects, and wildlife.