Rollins, Inc. $ROL Shares Sold by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. lowered its stake in Rollins, Inc. (NYSE:ROL) by 4.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,163,321 shares of the business services provider’s stock after selling 51,282 shares during the quarter. Epoch Investment Partners Inc. owned approximately 0.24% of Rollins worth $69,823,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ROL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Rollins by 5.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,812 shares of the business services provider’s stock valued at $1,663,000 after buying an additional 1,620 shares in the last quarter. Empowered Funds LLC lifted its stake in Rollins by 16.7% in the 1st quarter. Empowered Funds LLC now owns 6,427 shares of the business services provider’s stock valued at $347,000 after buying an additional 918 shares in the last quarter. Woodline Partners LP lifted its stake in Rollins by 40.7% in the 1st quarter. Woodline Partners LP now owns 23,728 shares of the business services provider’s stock valued at $1,282,000 after buying an additional 6,859 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in Rollins by 75.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 870 shares of the business services provider’s stock valued at $47,000 after buying an additional 375 shares in the last quarter. Finally, First Trust Advisors LP lifted its stake in Rollins by 185.0% in the 2nd quarter. First Trust Advisors LP now owns 368,718 shares of the business services provider’s stock valued at $20,803,000 after buying an additional 239,361 shares in the last quarter. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on ROL. Wells Fargo & Company reduced their target price on Rollins from $58.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Friday, May 15th. UBS Group upped their target price on Rollins from $58.00 to $61.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $67.00 target price on shares of Rollins in a research note on Thursday, April 23rd. Sanford C. Bernstein lowered Rollins from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $70.00 to $52.00 in a research note on Friday, May 29th. Finally, Loop Capital began coverage on Rollins in a research note on Monday, April 13th. They issued a “hold” rating and a $56.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, Rollins currently has an average rating of “Moderate Buy” and an average price target of $64.00.

Rollins Trading Up 0.1%

Shares of ROL opened at $47.10 on Friday. The stock has a fifty day moving average of $52.53 and a two-hundred day moving average of $57.22. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.59 and a current ratio of 0.65. The company has a market capitalization of $22.68 billion, a PE ratio of 43.21, a price-to-earnings-growth ratio of 2.90 and a beta of 0.73. Rollins, Inc. has a fifty-two week low of $44.43 and a fifty-two week high of $66.14.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share for the quarter, meeting the consensus estimate of $0.24. The company had revenue of $906.42 million during the quarter, compared to the consensus estimate of $895.17 million. Rollins had a return on equity of 38.37% and a net margin of 13.77%.Rollins’s revenue was up 10.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.22 EPS. As a group, analysts forecast that Rollins, Inc. will post 1.24 EPS for the current year.

Rollins Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Monday, May 11th were issued a $0.1825 dividend. The ex-dividend date was Monday, May 11th. This represents a $0.73 annualized dividend and a yield of 1.5%. Rollins’s payout ratio is 66.97%.

Rollins Company Profile

Rollins, Inc (NYSE: ROL) is a provider of pest and termite control services operating through a network of subsidiaries and franchises. Headquartered in Atlanta, Georgia, the company offers a broad range of pest management solutions for both residential and commercial customers, positioning itself as a specialist in protecting property and public health from pests and vectors.

Its service offerings include general pest control, termite inspection and treatment, bed bug remediation, mosquito and vector control, wildlife exclusion, and related specialty services.