BDFS Capital LLC Makes New $677,000 Investment in Rollins, Inc. $ROL

BDFS Capital LLC purchased a new stake in Rollins, Inc. (NYSE:ROL) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 11,274 shares of the business services provider’s stock, valued at approximately $677,000.

A number of other hedge funds also recently made changes to their positions in ROL. DV Equities LLC acquired a new stake in shares of Rollins during the 4th quarter valued at about $25,000. Cornerstone Planning Group LLC increased its stake in Rollins by 528.4% in the fourth quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 354 shares during the period. Board of the Pension Protection Fund acquired a new position in Rollins in the fourth quarter worth about $30,000. Torren Management LLC acquired a new position in Rollins in the fourth quarter worth about $36,000. Finally, Fideuram Asset Management Ireland dac bought a new position in Rollins during the fourth quarter worth about $43,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Price Performance

Shares of Rollins stock opened at $44.91 on Friday. The stock has a market capitalization of $21.62 billion, a price-to-earnings ratio of 41.20, a P/E/G ratio of 2.78 and a beta of 0.73. The firm’s 50-day moving average price is $51.89 and its two-hundred day moving average price is $56.77. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.35. Rollins, Inc. has a 1-year low of $44.43 and a 1-year high of $66.14.

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

Rollins Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Monday, May 11th were given a $0.1825 dividend. The ex-dividend date was Monday, May 11th. This represents a $0.73 annualized dividend and a yield of 1.6%. Rollins’s payout ratio is presently 66.97%.

Analyst Upgrades and Downgrades

ROL has been the topic of a number of recent research reports. Loop Capital assumed coverage on Rollins in a report on Monday, April 13th. They set a “hold” rating and a $56.00 price objective on the stock. Sanford C. Bernstein cut Rollins from an “outperform” rating to a “market perform” rating and dropped their target price for the stock from $70.00 to $52.00 in a report on Friday, May 29th. The Goldman Sachs Group restated a “buy” rating and set a $67.00 target price on shares of Rollins in a research report on Thursday, April 23rd. Wells Fargo & Company cut their target price on Rollins from $58.00 to $55.00 and set an “equal weight” rating for the company in a research report on Friday, May 15th. Finally, UBS Group boosted their price target on Rollins from $58.00 to $61.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $63.71.

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.