Epoch Investment Partners Inc. Holds Position in Rollins, Inc. (ROL)
Epoch Investment Partners Inc. continued to hold its position in shares of Rollins, Inc. (NYSE:ROL) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 92,914 shares of the business services provider’s stock at the end of the first quarter. Epoch Investment Partners Inc.’s holdings in Rollins were worth $3,450,000 as of its most recent filing with the SEC.
Other institutional investors have also recently made changes to their positions in the company. Russell Investments Group Ltd. purchased a new position in shares of Rollins during the fourth quarter valued at about $3,635,000. State Board of Administration of Florida Retirement System increased its position in shares of Rollins by 2.7% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 114,084 shares of the business services provider’s stock valued at $3,854,000 after buying an additional 2,960 shares during the last quarter. Comerica Bank increased its position in shares of Rollins by 2.6% in the fourth quarter. Comerica Bank now owns 74,423 shares of the business services provider’s stock valued at $2,487,000 after buying an additional 1,906 shares during the last quarter. Elkfork Partners LLC purchased a new position in shares of Rollins during the fourth quarter valued at about $149,000. Finally, Bayesian Capital Management LP purchased a new position in shares of Rollins during the fourth quarter valued at about $412,000. 37.65% of the stock is currently owned by institutional investors and hedge funds.
Rollins, Inc. (ROL) traded down 0.20% during trading on Friday, reaching $40.80. 232,906 shares of the company’s stock were exchanged. Rollins, Inc. has a 52 week low of $27.29 and a 52 week high of $43.75. The stock has a market capitalization of $8.89 billion, a price-to-earnings ratio of 51.00 and a beta of 0.29. The company’s 50 day moving average price is $42.20 and its 200-day moving average price is $37.51.
Rollins (NYSE:ROL) last posted its quarterly earnings results on Wednesday, April 26th. The business services provider reported $0.17 EPS for the quarter, hitting the consensus estimate of $0.17. The business had revenue of $375.25 million during the quarter, compared to analysts’ expectations of $373.04 million. Rollins had a net margin of 11.01% and a return on equity of 30.01%. The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period last year, the company posted $0.15 earnings per share. On average, equities analysts expect that Rollins, Inc. will post $0.86 EPS for the current year.
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Several equities analysts recently issued reports on ROL shares. Zacks Investment Research downgraded shares of Rollins from a “buy” rating to a “hold” rating in a research note on Wednesday, March 29th. Nomura reaffirmed a “buy” rating and set a $40.00 price target on shares of Rollins in a research note on Thursday, April 27th. Instinet increased their price target on shares of Rollins from $40.00 to $46.00 and gave the stock a “buy” rating in a research note on Thursday, May 25th. Finally, BidaskClub downgraded shares of Rollins from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 23rd.
Rollins Company Profile
Rollins, Inc is a service company, which operates in pest and termite control business segment. The Company, through its subsidiaries, provides its services to both residential and commercial customers in North America, Australia, and Europe with international franchises in Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, Canada, Australia, and Mexico.
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