Value Holdings Management CO. LLC Takes Position in Rollins, Inc. $ROL

Value Holdings Management CO. LLC acquired a new position in Rollins, Inc. (NYSE:ROL) in the 2nd quarter, HoldingsChannel.com reports. The firm acquired 941,170 shares of the business services provider’s stock, valued at approximately $39,285,000. Rollins accounts for about 6.6% of Value Holdings Management CO. LLC’s investment portfolio, making the stock its 6th biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of ROL. DV Equities LLC purchased a new stake in Rollins in the fourth quarter valued at approximately $25,000. Cornerstone Planning Group LLC increased its holdings in Rollins by 528.4% in the 4th quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock worth $26,000 after buying an additional 354 shares during the period. Torren Management LLC purchased a new position in Rollins during the 4th quarter worth approximately $36,000. Fideuram Asset Management Ireland dac purchased a new position in Rollins during the 4th quarter worth approximately $43,000. Finally, Quarry LP lifted its stake in Rollins by 155.2% during the 4th quarter. Quarry LP now owns 740 shares of the business services provider’s stock valued at $44,000 after acquiring an additional 450 shares during the period. Institutional investors and hedge funds own 51.79% of the company’s stock.

Analysts Set New Price Targets

ROL has been the topic of several recent research reports. Canaccord Genuity Group set a $45.00 price objective on shares of Rollins and gave the company a “hold” rating in a report on Thursday, July 23rd. Citigroup started coverage on shares of Rollins in a report on Wednesday, July 15th. They set a “neutral” rating and a $46.00 target price for the company. BNP Paribas Exane decreased their target price on shares of Rollins from $63.00 to $44.00 and set a “hold” rating for the company in a research report on Friday, July 24th. Weiss Ratings lowered shares of Rollins from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, August 11th. Finally, Wells Fargo & Company downgraded Rollins from an “overweight” rating to an “underweight” rating and cut their price target for the stock from $46.00 to $32.00 in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $48.71.

Rollins Price Performance

Shares of Rollins stock opened at $36.31 on Friday. The company has a quick ratio of 0.58, a current ratio of 0.63 and a debt-to-equity ratio of 0.34. Rollins, Inc. has a twelve month low of $35.83 and a twelve month high of $66.14. The business has a 50-day moving average price of $41.45 and a 200 day moving average price of $50.41. The firm has a market cap of $17.47 billion, a PE ratio of 33.01, a P/E/G ratio of 3.96 and a beta of 0.75.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, July 22nd. The business services provider reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). Rollins had a return on equity of 38.81% and a net margin of 13.55%.The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same period in the previous year, the company posted $0.30 EPS. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. Sell-side analysts predict that Rollins, Inc. will post 1.19 earnings per share for the current fiscal year.

Rollins Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be given a dividend of $0.1825 per share. The ex-dividend date is Monday, August 10th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 2.0%. Rollins’s dividend payout ratio (DPR) is 66.36%.

About Rollins

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.