MBB Public Markets I LLC Has $1.14 Million Stock Holdings in Rollins, Inc. (NYSE:ROL)

MBB Public Markets I LLC lifted its position in shares of Rollins, Inc. (NYSE:ROL) by 378.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 23,328 shares of the business services provider’s stock after buying an additional 18,456 shares during the quarter. MBB Public Markets I LLC’s holdings in Rollins were worth $1,138,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Epoch Investment Partners Inc. grew its holdings in Rollins by 102.8% during the 4th quarter. Epoch Investment Partners Inc. now owns 1,688,661 shares of the business services provider’s stock worth $73,744,000 after acquiring an additional 855,882 shares during the last quarter. Public Employees Retirement Association of Colorado grew its stake in shares of Rollins by 10,056.4% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 485,068 shares of the business services provider’s stock worth $21,183,000 after purchasing an additional 480,292 shares during the last quarter. Intech Investment Management LLC grew its stake in shares of Rollins by 502.8% in the first quarter. Intech Investment Management LLC now owns 572,181 shares of the business services provider’s stock worth $26,475,000 after purchasing an additional 477,256 shares during the last quarter. TD Asset Management Inc increased its holdings in Rollins by 14.5% in the first quarter. TD Asset Management Inc now owns 2,826,135 shares of the business services provider’s stock valued at $130,765,000 after purchasing an additional 357,535 shares during the period. Finally, Cetera Investment Advisers raised its position in Rollins by 4,697.4% during the 1st quarter. Cetera Investment Advisers now owns 324,109 shares of the business services provider’s stock worth $14,997,000 after purchasing an additional 317,353 shares during the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Trading Up 1.2 %

Shares of ROL stock opened at $50.56 on Tuesday. Rollins, Inc. has a fifty-two week low of $32.19 and a fifty-two week high of $51.96. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.72 and a current ratio of 0.78. The stock has a 50 day simple moving average of $49.37 and a two-hundred day simple moving average of $47.68. The company has a market cap of $24.48 billion, a P/E ratio of 56.81 and a beta of 0.70.

Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, July 24th. The business services provider reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. The company had revenue of $891.90 million during the quarter, compared to analyst estimates of $895.02 million. Rollins had a net margin of 14.23% and a return on equity of 40.10%. Rollins’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.23 EPS. Research analysts forecast that Rollins, Inc. will post 1 earnings per share for the current year.

Rollins Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Monday, August 12th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, August 12th. This represents a $0.60 annualized dividend and a dividend yield of 1.19%. Rollins’s dividend payout ratio is currently 67.42%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on ROL shares. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research note on Thursday, July 25th. StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a report on Tuesday, September 24th. Finally, Wells Fargo & Company assumed coverage on shares of Rollins in a report on Monday, August 12th. They set an “overweight” rating and a $54.00 price target for the company. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $47.83.

Insider Transactions at Rollins

In related news, insider Elizabeth B. Chandler sold 4,685 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $50.74, for a total transaction of $237,716.90. Following the transaction, the insider now directly owns 89,338 shares of the company’s stock, valued at approximately $4,533,010.12. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, insider Elizabeth B. Chandler sold 4,685 shares of Rollins stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $50.74, for a total value of $237,716.90. Following the completion of the sale, the insider now owns 89,338 shares of the company’s stock, valued at approximately $4,533,010.12. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Elizabeth B. Chandler sold 4,686 shares of the company’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $47.82, for a total transaction of $224,084.52. Following the transaction, the insider now owns 95,023 shares in the company, valued at approximately $4,543,999.86. The disclosure for this sale can be found here. Insiders own 4.69% of the company’s stock.

Rollins 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.