UBS Group AG Acquires 491 Shares of Rollins, Inc. (NYSE:ROL)
UBS Group AG boosted its stake in shares of Rollins, Inc. (NYSE:ROL) by 1.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,633 shares of the business services provider’s stock after buying an additional 491 shares during the period. UBS Group AG’s holdings in Rollins were worth $1,769,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in ROL. Vanguard Group Inc. raised its position in Rollins by 7.1% in the first quarter. Vanguard Group Inc. now owns 9,709,860 shares of the business services provider’s stock valued at $360,527,000 after buying an additional 647,641 shares during the period. Schroder Investment Management Group raised its position in Rollins by 7.9% in the first quarter. Schroder Investment Management Group now owns 2,281,234 shares of the business services provider’s stock valued at $84,246,000 after buying an additional 167,028 shares during the period. Bank of New York Mellon Corp raised its position in shares of Rollins by 5.3% in the first quarter. Bank of New York Mellon Corp now owns 1,203,694 shares of the business services provider’s stock worth $44,693,000 after buying an additional 61,091 shares during the last quarter. Conestoga Capital Advisors LLC raised its position in shares of Rollins by 1.2% in the first quarter. Conestoga Capital Advisors LLC now owns 955,215 shares of the business services provider’s stock worth $35,467,000 after buying an additional 11,151 shares during the last quarter. Finally, Pictet Asset Management Ltd. raised its position in shares of Rollins by 193.6% in the first quarter. Pictet Asset Management Ltd. now owns 840,500 shares of the business services provider’s stock worth $31,208,000 after buying an additional 554,200 shares during the last quarter. 37.97% of the stock is currently owned by institutional investors and hedge funds.
Shares of Rollins, Inc. (NYSE:ROL) traded up 0.55% on Monday, reaching $44.14. The company had a trading volume of 475,818 shares. The company’s 50-day moving average is $41.85 and its 200 day moving average is $38.84. Rollins, Inc. has a 12 month low of $27.29 and a 12 month high of $44.30. The firm has a market capitalization of $9.62 billion, a PE ratio of 52.99 and a beta of 0.29.
Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, July 26th. The business services provider reported $0.25 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.25. The company had revenue of $433.56 million for the quarter, compared to analysts’ expectations of $436.81 million. Rollins had a net margin of 11.22% and a return on equity of 30.26%. The business’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.22 EPS. Equities analysts forecast that Rollins, Inc. will post $0.86 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 11th. Stockholders of record on Thursday, August 10th will be given a dividend of $0.115 per share. The ex-dividend date is Tuesday, August 8th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 1.04%. Rollins’s dividend payout ratio (DPR) is presently 55.42%.
A number of equities analysts have issued reports on the company. Zacks Investment Research raised Rollins from a “hold” rating to a “buy” rating and set a $48.00 target price on the stock in a research report on Saturday, July 29th. BidaskClub downgraded Rollins from a “buy” rating to a “hold” rating in a report on Thursday, July 6th. Instinet boosted their price target on Rollins from $40.00 to $46.00 and gave the company a “buy” rating in a report on Thursday, May 25th. Finally, Nomura reiterated a “buy” rating and issued a $40.00 price target on shares of Rollins in a report on Thursday, April 27th.
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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