Rollins, Inc. $ROL Shares Acquired by Savant Capital LLC

Savant Capital LLC raised its position in shares of Rollins, Inc. (NYSE:ROL) by 7.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,419 shares of the business services provider’s stock after acquiring an additional 1,435 shares during the period. Savant Capital LLC’s holdings in Rollins were worth $1,208,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in ROL. Vanguard Group Inc. increased its stake in Rollins by 3.0% during the 1st quarter. Vanguard Group Inc. now owns 34,736,543 shares of the business services provider’s stock worth $1,876,815,000 after buying an additional 999,797 shares during the period. Kayne Anderson Rudnick Investment Management LLC grew its position in shares of Rollins by 0.4% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 10,243,636 shares of the business services provider’s stock worth $553,464,000 after acquiring an additional 38,503 shares in the last quarter. AMF Tjanstepension AB increased its stake in Rollins by 196.2% during the second quarter. AMF Tjanstepension AB now owns 3,542,898 shares of the business services provider’s stock valued at $199,937,000 after purchasing an additional 2,346,592 shares during the last quarter. Wellington Management Group LLP grew its position in shares of Rollins by 44.2% during the 1st quarter. Wellington Management Group LLP now owns 2,917,984 shares of the business services provider’s stock valued at $157,659,000 after buying an additional 894,731 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Rollins by 3.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,617,940 shares of the business services provider’s stock worth $141,424,000 after purchasing an additional 98,607 shares during the period. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Trading Up 0.0%

Shares of Rollins stock opened at $58.54 on Thursday. The firm has a market capitalization of $28.37 billion, a PE ratio of 54.71 and a beta of 0.72. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.63. Rollins, Inc. has a 52-week low of $45.34 and a 52-week high of $60.35. The company’s fifty day moving average price is $57.12 and its two-hundred day moving average price is $56.93.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, October 29th. The business services provider reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.03. The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.02 billion. Rollins had a return on equity of 38.66% and a net margin of 14.02%.Rollins’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.29 EPS. On average, analysts expect that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Monday, November 10th will be paid a dividend of $0.1825 per share. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.2%. This is a boost from Rollins’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Monday, November 10th. Rollins’s payout ratio is presently 68.22%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on ROL shares. UBS Group lifted their price target on Rollins from $59.00 to $61.00 and gave the company a “neutral” rating in a report on Friday, July 25th. The Goldman Sachs Group reiterated a “buy” rating and issued a $64.00 target price on shares of Rollins in a report on Thursday, October 30th. JPMorgan Chase & Co. began coverage on Rollins in a report on Friday, September 26th. They set an “overweight” rating and a $70.00 target price for the company. Canaccord Genuity Group set a $55.00 price objective on shares of Rollins and gave the stock a “hold” rating in a research note on Friday, October 31st. Finally, Zacks Research cut Rollins from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 13th. Nine research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $63.42.

About Rollins

Rollins, Inc, through its subsidiaries, provides pest and wildlife control services to residential and commercial customers in the United States and internationally. The company offers pest control services to residential properties protecting from common pests, including rodents, insects, and wildlife.