Railway Pension Investments Ltd Sells 26,500 Shares of Rollins, Inc. $ROL

Railway Pension Investments Ltd lessened its position in Rollins, Inc. (NYSE:ROL) by 3.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 727,617 shares of the business services provider’s stock after selling 26,500 shares during the period. Railway Pension Investments Ltd owned 0.15% of Rollins worth $43,672,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in ROL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Rollins by 5.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,812 shares of the business services provider’s stock worth $1,663,000 after acquiring an additional 1,620 shares during the last quarter. Empowered Funds LLC grew its holdings in Rollins by 16.7% in the 1st quarter. Empowered Funds LLC now owns 6,427 shares of the business services provider’s stock worth $347,000 after acquiring an additional 918 shares during the last quarter. Woodline Partners LP grew its holdings in Rollins by 40.7% in the 1st quarter. Woodline Partners LP now owns 23,728 shares of the business services provider’s stock worth $1,282,000 after acquiring an additional 6,859 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in Rollins by 75.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 870 shares of the business services provider’s stock worth $47,000 after acquiring an additional 375 shares during the last quarter. Finally, First Trust Advisors LP grew its holdings in Rollins by 185.0% in the 2nd quarter. First Trust Advisors LP now owns 368,718 shares of the business services provider’s stock worth $20,803,000 after acquiring an additional 239,361 shares during the last quarter. Institutional investors own 51.79% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on ROL shares. The Goldman Sachs Group reissued a “buy” rating and issued a $67.00 price target on shares of Rollins in a report on Thursday, April 23rd. Wells Fargo & Company cut their price target on shares of Rollins from $58.00 to $55.00 and set an “equal weight” rating on the stock in a report on Friday, May 15th. Loop Capital started coverage on shares of Rollins in a report on Monday, April 13th. They issued a “hold” rating and a $56.00 price target on the stock. Morgan Stanley set a $70.00 price target on shares of Rollins in a report on Friday, February 13th. Finally, Royal Bank Of Canada set a $67.00 target price on shares of Rollins and gave the company an “outperform” rating in a research note on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $64.00.

Rollins Trading Down 3.8%

Shares of ROL opened at $47.53 on Friday. The firm’s 50-day moving average price is $53.84 and its 200-day moving average price is $58.06. The firm has a market capitalization of $22.88 billion, a price-to-earnings ratio of 43.61, a PEG ratio of 2.93 and a beta of 0.79. 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 1-year low of $46.85 and a 1-year high of $66.14.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.24. The firm had revenue of $906.42 million for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.22 EPS. Sell-side analysts anticipate that Rollins, Inc. will post 1.24 EPS for the current year.

Rollins Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 11th will be paid a dividend of $0.1825 per share. The ex-dividend date of this dividend is Monday, May 11th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.5%. Rollins’s payout ratio is presently 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.