Quantbot Technologies LP Acquires New Holdings in Rollins, Inc. $ROL

Quantbot Technologies LP bought a new stake in Rollins, Inc. (NYSE:ROL) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 90,563 shares of the business services provider’s stock, valued at approximately $3,780,000.

Several other large investors have also recently bought and sold shares of the company. National Pension Service lifted its holdings in Rollins by 138.3% during the fourth quarter. National Pension Service now owns 51,277 shares of the business services provider’s stock worth $3,078,000 after acquiring an additional 29,758 shares in the last quarter. Dudley & Shanley Inc. increased its holdings in shares of Rollins by 8.8% in the second quarter. Dudley & Shanley Inc. now owns 495,655 shares of the business services provider’s stock worth $20,689,000 after acquiring an additional 39,925 shares in the last quarter. Public Employees Retirement System of Ohio increased its holdings in shares of Rollins by 16.8% in the first quarter. Public Employees Retirement System of Ohio now owns 216,278 shares of the business services provider’s stock worth $11,551,000 after acquiring an additional 31,173 shares in the last quarter. USS Investment Management Ltd raised its position in shares of Rollins by 55.9% during the first quarter. USS Investment Management Ltd now owns 3,131,337 shares of the business services provider’s stock worth $167,260,000 after purchasing an additional 1,123,237 shares during the period. Finally, Bessemer Group Inc. raised its position in shares of Rollins by 73.3% during the first quarter. Bessemer Group Inc. now owns 1,879,120 shares of the business services provider’s stock worth $100,365,000 after purchasing an additional 794,722 shares during the period. Institutional investors own 51.79% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on ROL. Morgan Stanley decreased their price objective on Rollins from $70.00 to $65.00 and set an “overweight” rating for the company in a research report on Wednesday, July 8th. Argus downgraded shares of Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, August 5th. Bank of America reaffirmed a “neutral” rating and issued a $35.00 price target (down from $55.00) on shares of Rollins in a research note on Thursday, July 23rd. Piper Sandler reduced their price target on shares of Rollins from $72.00 to $46.00 and set an “overweight” rating for the company in a report on Friday, July 24th. Finally, BNP Paribas Exane lowered their price objective on shares of Rollins from $63.00 to $44.00 and set a “hold” rating for the company in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Rollins has a consensus rating of “Hold” and a consensus target price of $48.71.

Rollins Stock Down 0.1%

ROL stock opened at $36.86 on Monday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.63 and a quick ratio of 0.58. The stock has a market capitalization of $17.73 billion, a P/E ratio of 33.51, a P/E/G ratio of 4.03 and a beta of 0.75. Rollins, Inc. has a fifty-two week low of $35.83 and a fifty-two week high of $66.14. The business has a 50-day moving average of $41.25 and a 200-day moving average of $50.22.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, July 22nd. The business services provider reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.09 billion. Rollins had a net margin of 13.55% and a return on equity of 38.81%. The firm’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.30 EPS. On average, sell-side analysts anticipate that Rollins, Inc. will post 1.19 earnings per share for the current fiscal year.

Rollins Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be issued a $0.1825 dividend. The ex-dividend date is Monday, August 10th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 2.0%. Rollins’s dividend payout ratio (DPR) is 66.36%.

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.