Landscape Capital Management L.L.C. Increases Stock Position in Rollins, Inc. $ROL

Landscape Capital Management L.L.C. increased its position in shares of Rollins, Inc. (NYSE:ROL) by 405.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 191,080 shares of the business services provider’s stock after buying an additional 153,265 shares during the period. Rollins accounts for 0.8% of Landscape Capital Management L.L.C.’s holdings, making the stock its 14th biggest position. Landscape Capital Management L.L.C.’s holdings in Rollins were worth $11,469,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in ROL. Cornerstone Planning Group LLC boosted its holdings in Rollins by 528.4% during the fourth quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock worth $26,000 after buying an additional 354 shares in the last quarter. Board of the Pension Protection Fund purchased a new stake in Rollins during the fourth quarter worth $30,000. Torren Management LLC purchased a new stake in Rollins during the fourth quarter worth $36,000. Fideuram Asset Management Ireland dac purchased a new stake in Rollins during the fourth quarter worth $43,000. Finally, Quarry LP boosted its holdings in Rollins by 155.2% during the fourth quarter. Quarry LP now owns 740 shares of the business services provider’s stock worth $44,000 after buying an additional 450 shares in the last quarter. 51.79% of the stock is owned by hedge funds and other institutional investors.

Rollins Stock Performance

ROL opened at $47.10 on Friday. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 0.35. The company has a market cap of $22.68 billion, a price-to-earnings ratio of 43.21, a PEG ratio of 2.90 and a beta of 0.73. Rollins, Inc. has a 52-week low of $44.43 and a 52-week high of $66.14. The firm’s fifty day simple moving average is $52.53 and its two-hundred day simple moving average is $57.22.

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

Rollins Announces Dividend

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

Wall Street Analyst Weigh In

ROL has been the topic of a number of recent analyst reports. Weiss Ratings downgraded shares of Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, May 21st. The Goldman Sachs Group reissued a “buy” rating and set a $67.00 price target on shares of Rollins in a report on Thursday, April 23rd. UBS Group increased their price target on shares of Rollins from $58.00 to $61.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Bank of America started coverage on shares of Rollins in a report on Tuesday, February 17th. They set a “buy” rating and a $67.00 price objective on the stock. Finally, Wells Fargo & Company decreased their price objective on shares of Rollins from $58.00 to $55.00 and set an “equal weight” rating on the stock in a report on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $64.00.

About Rollins

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.