Sowell Financial Services LLC Buys 693 Shares of Rollins, Inc. (NYSE:ROL)

Sowell Financial Services LLC grew its stake in shares of Rollins, Inc. (NYSE:ROL) by 338.0% during the first quarter, Holdings Channel.com reports. The institutional investor owned 898 shares of the business services provider’s stock after acquiring an additional 693 shares during the quarter. Sowell Financial Services LLC’s holdings in Rollins were worth $33,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Guggenheim Capital LLC boosted its holdings in Rollins by 149.2% during the fourth quarter. Guggenheim Capital LLC now owns 71,755 shares of the business services provider’s stock worth $2,803,000 after buying an additional 42,964 shares during the last quarter. Railway Pension Investments Ltd boosted its holdings in Rollins by 124.9% during the fourth quarter. Railway Pension Investments Ltd now owns 856,784 shares of the business services provider’s stock worth $33,475,000 after buying an additional 475,894 shares during the last quarter. American International Group Inc. boosted its holdings in Rollins by 48.5% during the fourth quarter. American International Group Inc. now owns 74,755 shares of the business services provider’s stock worth $2,921,000 after buying an additional 24,409 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Rollins by 49.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,555,042 shares of the business services provider’s stock worth $60,747,000 after buying an additional 512,168 shares during the last quarter. Finally, Prudential PLC bought a new position in shares of Rollins during the 4th quarter valued at about $626,000. Hedge funds and other institutional investors own 39.33% of the company’s stock.

Several equities analysts have recently weighed in on the company. Zacks Investment Research upgraded Rollins from a “hold” rating to a “buy” rating and set a $40.00 price objective on the stock in a report on Friday, April 30th. TheStreet upgraded Rollins from a “c+” rating to a “b” rating in a report on Wednesday, April 28th.

NYSE:ROL opened at $33.19 on Friday. The company’s 50-day simple moving average is $35.25. Rollins, Inc. has a fifty-two week low of $27.02 and a fifty-two week high of $43.00. The company has a market cap of $16.33 billion, a PE ratio of 52.41 and a beta of 0.51. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.66 and a quick ratio of 0.59.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, April 28th. The business services provider reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.03. Rollins had a return on equity of 31.56% and a net margin of 14.04%. The firm had revenue of $535.60 million during the quarter, compared to the consensus estimate of $517.60 million. During the same quarter in the prior year, the firm posted $0.13 EPS. The business’s revenue was up 9.8% on a year-over-year basis. Equities analysts anticipate that Rollins, Inc. will post 0.65 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 10th. Investors of record on Monday, May 10th were given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date was Friday, May 7th. Rollins’s dividend payout ratio (DPR) is currently 59.26%.

Rollins Profile

Rollins, Inc, through its subsidiaries, provides pest and termite control services to residential and commercial customers. It offers protection against termite damage, rodents, and insects to homes and businesses, including hotels, food service establishments, food manufacturers, retailers, and transportation companies.

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Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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