BARING ASSET MANAGEMENT Ltd cut its position in shares of Rollins, Inc. (NYSE:ROL) by 2.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,703 shares of the business services provider’s stock after selling 916 shares during the period. BARING ASSET MANAGEMENT Ltd’s holdings in Rollins were worth $1,657,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cambridge Investment Research Advisors Inc. raised its position in shares of Rollins by 1.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 13,616 shares of the business services provider’s stock worth $506,000 after buying an additional 202 shares during the period. State Treasurer State of Michigan raised its position in shares of Rollins by 0.8% in the first quarter. State Treasurer State of Michigan now owns 38,939 shares of the business services provider’s stock worth $1,446,000 after buying an additional 300 shares during the period. Advantus Capital Management Inc raised its position in shares of Rollins by 3.1% in the first quarter. Advantus Capital Management Inc now owns 12,283 shares of the business services provider’s stock worth $456,000 after buying an additional 371 shares during the period. Schwab Charles Investment Management Inc. raised its position in shares of Rollins by 7.2% in the first quarter. Schwab Charles Investment Management Inc. now owns 349,709 shares of the business services provider’s stock worth $12,985,000 after buying an additional 23,605 shares during the period. Finally, BlackRock Inc. raised its position in shares of Rollins by 13,047.7% in the first quarter. BlackRock Inc. now owns 7,575,422 shares of the business services provider’s stock worth $281,276,000 after buying an additional 7,517,804 shares during the period. Institutional investors and hedge funds own 37.86% of the company’s stock.

Rollins, Inc. (ROL) opened at 44.19 on Thursday. Rollins, Inc. has a one year low of $27.95 and a one year high of $44.64. The company has a market cap of $9.63 billion, a price-to-earnings ratio of 53.05 and a beta of 0.29. The company has a 50-day moving average of $42.25 and a 200-day moving average of $39.55.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, July 26th. The business services provider reported $0.25 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.25. Rollins had a return on equity of 30.26% and a net margin of 11.22%. The firm had revenue of $433.56 million during the quarter, compared to the consensus estimate of $436.81 million. During the same quarter in the previous year, the company posted $0.22 earnings per share. The business’s revenue was up 5.5% on a year-over-year basis. Equities research analysts expect that Rollins, Inc. will post $0.86 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 11th. Shareholders of record on Thursday, August 10th will be given a $0.115 dividend. The ex-dividend date of this dividend is Tuesday, August 8th. This represents a $0.46 annualized dividend and a yield of 1.04%. Rollins’s payout ratio is currently 55.42%.

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ROL has been the subject of a number of research reports. BidaskClub lowered shares of Rollins from a “buy” rating to a “hold” rating in a report on Thursday, July 6th. Instinet raised their price objective on shares of Rollins from $40.00 to $46.00 and gave the company a “buy” rating in a report on Thursday, May 25th. Zacks Investment Research upgraded shares of Rollins from a “hold” rating to a “buy” rating and set a $48.00 price objective for the company in a report on Saturday, July 29th. Finally, Nomura reiterated a “buy” rating and issued a $40.00 price objective on shares of Rollins in a report on Thursday, April 27th.

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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Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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