Life Cycle Investment Partners Ltd Acquires New Shares in Rollins, Inc. $ROL

Life Cycle Investment Partners Ltd acquired a new stake in shares of Rollins, Inc. (NYSE:ROL) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 488,762 shares of the business services provider’s stock, valued at approximately $29,335,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Cornerstone Planning Group LLC boosted its position in Rollins by 528.4% during the 4th quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 354 shares during the period. Board of the Pension Protection Fund bought a new stake in Rollins during the 4th quarter valued at $30,000. Root Financial Partners LLC bought a new stake in Rollins during the 3rd quarter valued at $31,000. Torren Management LLC bought a new stake in Rollins during the 4th quarter valued at $36,000. Finally, Geneos Wealth Management Inc. raised its stake in Rollins by 75.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 870 shares of the business services provider’s stock valued at $47,000 after acquiring an additional 375 shares in the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Insider Activity at Rollins

In other news, insider Elizabeth B. Chandler sold 14,201 shares of the business’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $59.36, for a total value of $842,971.36. Following the sale, the insider owned 55,977 shares of the company’s stock, valued at approximately $3,322,794.72. The trade was a 20.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 5.77% of the company’s stock.

Rollins Stock Up 0.9%

Shares of Rollins stock opened at $53.48 on Friday. Rollins, Inc. has a 1-year low of $51.95 and a 1-year high of $66.14. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.65 and a quick ratio of 0.59. The business’s fifty day moving average price is $54.27 and its two-hundred day moving average price is $58.35. The company has a market capitalization of $25.75 billion, a P/E ratio of 49.07, a PEG ratio of 3.29 and a beta of 0.79.

Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $0.24 EPS for the quarter, hitting analysts’ consensus estimates of $0.24. Rollins had a return on equity of 38.37% and a net margin of 13.77%.The company had revenue of $906.42 million for the quarter, compared to the consensus estimate of $895.17 million. During the same quarter in the previous year, the business earned $0.22 EPS. The company’s quarterly revenue was up 10.2% compared to the same quarter last year. As a group, research analysts forecast that Rollins, Inc. will post 1.24 EPS for the current year.

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 11th will be paid a $0.1825 dividend. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, May 11th. Rollins’s payout ratio is currently 66.97%.

Analyst Ratings Changes

Several brokerages have weighed in on ROL. Royal Bank Of Canada set a $67.00 target price on Rollins and gave the company an “outperform” rating in a research note on Thursday, February 12th. Weiss Ratings downgraded Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday. UBS Group lifted their target price on Rollins from $58.00 to $61.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Morgan Stanley set a $70.00 target price on Rollins in a research note on Friday, February 13th. Finally, Loop Capital began coverage on Rollins in a research note on Monday, April 13th. They set a “hold” rating and a $56.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $65.20.

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.