Rollins, Inc. $ROL Shares Newly Acquired by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP acquired a new stake in shares of Rollins, Inc. (NYSE:ROL) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 27,775 shares of the business services provider’s stock, valued at approximately $847,000.

Several other large investors also recently modified their holdings of ROL. WINTON GROUP Ltd acquired a new stake in Rollins in the 2nd quarter valued at $3,619,000. Amundi grew its position in Rollins by 71.4% in the second quarter. Amundi now owns 1,851,904 shares of the business services provider’s stock valued at $77,300,000 after acquiring an additional 771,578 shares during the period. Dudley & Shanley Inc. raised its stake in Rollins by 8.8% during 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. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Rollins during the second quarter worth $7,807,000. Finally, Public Employees Retirement System of Ohio raised its stake in Rollins by 16.8% during 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. 51.79% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ROL has been the subject of a number of analyst reports. UBS Group lifted their price objective on Rollins from $36.00 to $37.00 and gave the company a “neutral” rating in a report on Friday, October 23rd. Royal Bank Of Canada lowered shares of Rollins from an “outperform” rating to a “sector perform” rating and lowered their target price for the stock from $52.00 to $40.00 in a report on Thursday, July 23rd. Argus cut shares of Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, August 5th. Wall Street Zen downgraded shares of Rollins from a “hold” rating to a “sell” rating in a report on Saturday, November 7th. Finally, Raymond James Financial set a $35.00 price target on shares of Rollins in a report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Rollins presently has an average rating of “Hold” and an average price target of $40.56.

Rollins Stock Down 1.3%

NYSE ROL opened at $37.95 on Friday. The firm has a market cap of $18.14 billion, a PE ratio of 33.45, a price-to-earnings-growth ratio of 4.35 and a beta of 0.73. Rollins, Inc. has a one year low of $29.28 and a one year high of $66.14. The stock’s 50 day simple moving average is $33.81 and its 200 day simple moving average is $45.87. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.62 and a quick ratio of 0.58.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, October 21st. The business services provider reported $0.34 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.34. Rollins had a return on equity of 39.43% and a net margin of 13.19%. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.11 billion. During the same period last year, the firm posted $0.35 EPS. The business’s revenue was up 6.2% on a year-over-year basis. As a group, sell-side analysts forecast that Rollins, Inc. will post 1.14 earnings per share for the current fiscal year.

Rollins Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Tuesday, November 10th will be issued a dividend of $0.20 per share. The ex-dividend date is Tuesday, November 10th. This is a boost from Rollins’s previous quarterly dividend of $0.1825. This represents a $0.80 annualized dividend and a dividend yield of 2.1%. Rollins’s dividend payout ratio (DPR) is currently 73.39%.

Key Stories Impacting Rollins

These are some of the ROL stories that stood out recently:

• Positive Sentiment: Citigroup upgraded Rollins’ stock rating, a favorable change in analyst sentiment. The headline does not specify the new rating or its rationale. Rollins Stock Rating Upgraded by Citigroup
• Positive Sentiment: Wells Fargo forecast strong potential price appreciation for Rollins, adding to the positive analyst outlook. No target price or forecast details were provided in the headline. Wells Fargo Forecasts Strong Price Appreciation for Rollins Stock
• Neutral Sentiment: Rollins management will present at the RBC Capital Markets Global Industrials Conference on Nov. 16. The announcement may provide investors an opportunity to hear from management, but it disclosed no new business developments. Rollins to Present at Upcoming Investor Conferences

Rollins Profile

Rollins, Inc. is a global provider of pest and termite control services for residential and commercial customers. Its services include inspections, prevention and treatment for common household and business pests, as well as termite protection, mosquito control and wildlife removal. The company operates through brands including Orkin, HomeTeam Pest Defense and Clark Pest Control. Founded in 1948, Rollins expanded into pest control with its 1964 acquisition of Orkin, which remains one of its best-known brands.