Rhumbline Advisers increased its position in Rollins, Inc. (NYSE:ROL) by 10.9% during the second quarter, according to its most recent filing with the SEC. The fund owned 311,567 shares of the business services provider’s stock after buying an additional 30,698 shares during the period. Rhumbline Advisers owned about 0.14% of Rollins worth $12,684,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Bollard Group LLC boosted its stake in Rollins by 0.3% in the second quarter. Bollard Group LLC now owns 18,897 shares of the business services provider’s stock worth $769,000 after buying an additional 50 shares during the period. PNC Financial Services Group Inc. boosted its stake in Rollins by 0.4% in the first quarter. PNC Financial Services Group Inc. now owns 24,139 shares of the business services provider’s stock worth $896,000 after buying an additional 96 shares during the period. Penobscot Investment Management Company Inc. boosted its stake in Rollins by 0.9% in the first quarter. Penobscot Investment Management Company Inc. now owns 11,782 shares of the business services provider’s stock worth $437,000 after buying an additional 110 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in 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. Finally, Suntrust Banks Inc. boosted its stake in Rollins by 0.9% in the first quarter. Suntrust Banks Inc. now owns 24,453 shares of the business services provider’s stock worth $907,000 after buying an additional 227 shares during the period. 37.86% of the stock is currently owned by institutional investors.

Shares of Rollins, Inc. (NYSE:ROL) opened at 43.65 on Monday. The company has a market cap of $9.52 billion, a PE ratio of 52.40 and a beta of 0.29. Rollins, Inc. has a one year low of $27.95 and a one year high of $44.64. The firm’s 50-day moving average is $42.42 and its 200-day moving average is $39.64.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, July 26th. The business services provider reported $0.25 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.25. Rollins had a net margin of 11.22% and a return on equity of 30.26%. The business had revenue of $433.56 million for the quarter, compared to the consensus estimate of $436.81 million. During the same period last year, the firm earned $0.22 earnings per share. The company’s quarterly revenue was up 5.5% on a year-over-year basis. On average, equities analysts anticipate that Rollins, Inc. will post $0.86 EPS for the current year.

The firm also recently declared 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 is Tuesday, August 8th. This represents a $0.46 annualized dividend and a yield of 1.05%. Rollins’s payout ratio is presently 55.42%.

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A number of research firms recently commented on ROL. Nomura reaffirmed a “buy” rating and issued a $40.00 price target on shares of Rollins in a report on Thursday, April 27th. BidaskClub raised shares of Rollins from a “hold” rating to a “buy” rating in a report on Tuesday, August 8th. Instinet boosted their target price on shares of Rollins from $40.00 to $46.00 and gave the company a “buy” rating in a report on Thursday, May 25th. Finally, Zacks Investment Research raised shares of Rollins from a “hold” rating to a “buy” rating and set a $48.00 target price on the stock in a report on Saturday, July 29th.

About Rollins

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.

Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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