Landscape Capital Management L.L.C. Invests $2.32 Million in Rollins, Inc. $ROL

Landscape Capital Management L.L.C. bought a new stake in shares of Rollins, Inc. (NYSE:ROL) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 55,575 shares of the business services provider’s stock, valued at approximately $2,320,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. LRI Investments LLC lifted its stake in shares of Rollins by 8.7% in the fourth quarter. LRI Investments LLC now owns 2,293 shares of the business services provider’s stock valued at $138,000 after buying an additional 183 shares during the period. Sequoia Financial Advisors LLC grew its position in Rollins by 1.1% during the first quarter. Sequoia Financial Advisors LLC now owns 16,365 shares of the business services provider’s stock worth $874,000 after buying an additional 183 shares in the last quarter. IFM Investors Pty Ltd increased its stake in Rollins by 0.3% during the first quarter. IFM Investors Pty Ltd now owns 57,895 shares of the business services provider’s stock valued at $3,092,000 after acquiring an additional 185 shares during the period. New Mexico Educational Retirement Board increased its stake in Rollins by 1.6% during the fourth quarter. New Mexico Educational Retirement Board now owns 12,875 shares of the business services provider’s stock valued at $773,000 after acquiring an additional 200 shares during the period. Finally, Inspire Investing LLC raised its holdings in Rollins by 3.9% in the 4th quarter. Inspire Investing LLC now owns 5,457 shares of the business services provider’s stock valued at $328,000 after acquiring an additional 203 shares in the last quarter. Institutional investors own 51.79% of the company’s stock.

Rollins Trading Up 1.3%

Shares of ROL opened at $36.86 on Friday. Rollins, Inc. has a 1 year low of $35.83 and a 1 year high of $66.14. The company has a current ratio of 0.63, a quick ratio of 0.58 and a debt-to-equity ratio of 0.34. The stock has a 50 day simple moving average of $41.25 and a 200-day simple moving average of $50.31. The stock has a market cap of $17.73 billion, a PE ratio of 33.51, a PEG ratio of 4.03 and a beta of 0.75.

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

Rollins Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be paid a dividend of $0.1825 per share. This represents a $0.73 annualized dividend and a yield of 2.0%. The ex-dividend date is Monday, August 10th. Rollins’s dividend payout ratio is currently 66.36%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on ROL. UBS Group restated a “neutral” rating and issued a $43.00 target price (down from $50.00) on shares of Rollins in a research note on Friday, July 24th. Sanford C. Bernstein downgraded shares of Rollins from an “outperform” rating to a “market perform” rating and decreased their price target for the stock from $70.00 to $52.00 in a research note on Friday, May 29th. Zacks Research lowered shares of Rollins from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 28th. Citigroup began coverage on shares of Rollins in a research note on Wednesday, July 15th. They issued a “neutral” rating and a $46.00 price objective for the company. Finally, Argus downgraded shares of Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Rollins has a consensus rating of “Hold” and an average target price of $48.71.

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.