Great West Life Assurance Co. Can increased its position in shares of Rollins, Inc. (NYSE:ROL) by 11.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 74,682 shares of the business services provider’s stock after buying an additional 7,860 shares during the quarter. Great West Life Assurance Co. Can’s holdings in Rollins were worth $3,413,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in ROL. Sei Investments Co. raised its position in Rollins by 1,223.2% in the second quarter. Sei Investments Co. now owns 4,499 shares of the business services provider’s stock valued at $184,000 after purchasing an additional 4,159 shares during the period. Toronto Dominion Bank raised its position in Rollins by 243.6% in the third quarter. Toronto Dominion Bank now owns 4,144 shares of the business services provider’s stock valued at $191,000 after purchasing an additional 2,938 shares during the period. Hengehold Capital Management LLC purchased a new stake in Rollins in the third quarter valued at approximately $202,000. Clinton Group Inc. purchased a new stake in Rollins in the second quarter valued at approximately $217,000. Finally, Achmea Investment Management B.V. purchased a new stake in Rollins in the second quarter valued at approximately $221,000. 37.65% of the stock is currently owned by institutional investors.

Shares of Rollins, Inc. (NYSE:ROL) traded down $0.46 during midday trading on Monday, reaching $46.00. The company’s stock had a trading volume of 422,300 shares, compared to its average volume of 542,597. The stock has a market capitalization of $10,026.86, a price-to-earnings ratio of 55.42 and a beta of 0.28. Rollins, Inc. has a 52 week low of $32.82 and a 52 week high of $48.29.

Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, October 25th. The business services provider reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.01). Rollins had a return on equity of 29.60% and a net margin of 11.15%. The company had revenue of $450.40 million for the quarter, compared to analysts’ expectations of $449.92 million. During the same period in the prior year, the company posted $0.23 EPS. The firm’s revenue was up 6.2% compared to the same quarter last year. equities research analysts predict that Rollins, Inc. will post 0.85 EPS for the current fiscal year.

The business also recently disclosed a special dividend, which will be paid on Monday, December 11th. Stockholders of record on Friday, November 10th will be given a dividend of $0.10 per share. This represents a dividend yield of 1.04%. The ex-dividend date is Thursday, November 9th. Rollins’s dividend payout ratio is currently 54.76%.

A number of analysts have issued reports on ROL shares. KeyCorp reissued a “hold” rating on shares of Rollins in a research report on Sunday, October 29th. Zacks Investment Research lowered Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, September 27th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $44.67.

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Rollins 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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