Savant Capital LLC Sells 17,681 Shares of Rollins, Inc. $ROL

Savant Capital LLC lowered its stake in shares of Rollins, Inc. (NYSE:ROLFree Report) by 83.5% in the fourth quarter, Holdings Channel reports. The firm owned 3,505 shares of the business services provider’s stock after selling 17,681 shares during the period. Savant Capital LLC’s holdings in Rollins were worth $210,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC boosted its position 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 purchasing an additional 354 shares during the period. Board of the Pension Protection Fund bought a new stake in Rollins during the fourth quarter worth approximately $30,000. Torren Management LLC bought a new stake in Rollins during the fourth quarter worth approximately $36,000. Hantz Financial Services Inc. boosted its position in Rollins by 121.6% during the fourth quarter. Hantz Financial Services Inc. now owns 820 shares of the business services provider’s stock worth $49,000 after purchasing an additional 450 shares during the period. Finally, MUFG Securities EMEA plc bought a new stake in Rollins during the second quarter worth approximately $47,000. Institutional investors own 51.79% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Bank of America initiated coverage on Rollins in a research report on Tuesday, February 17th. They set a “buy” rating and a $67.00 target price for the company. Canaccord Genuity Group set a $51.00 price objective on Rollins and gave the company a “hold” rating in a research report on Friday, April 24th. Weiss Ratings cut Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, May 21st. Rothschild & Co Redburn set a $66.00 price objective on Rollins and gave the company a “buy” rating in a research report on Monday, April 27th. Finally, Wells Fargo & Company reduced their price objective 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. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, Rollins currently has an average rating of “Moderate Buy” and an average price target of $64.00.

View Our Latest Stock Analysis on ROL

Key Stories Impacting Rollins

Here are the key news stories impacting Rollins this week:

Rollins Stock Up 0.2%

ROL opened at $47.18 on Monday. Rollins, Inc. has a 1-year low of $44.43 and a 1-year high of $66.14. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $22.72 billion, a price-to-earnings ratio of 43.29, a P/E/G ratio of 2.90 and a beta of 0.73. The business has a 50 day moving average of $53.11 and a 200-day moving average of $57.64.

Rollins (NYSE:ROLGet Free Report) last issued its earnings results on Wednesday, April 22nd. The business services provider reported $0.24 EPS for the quarter, hitting the consensus estimate of $0.24. The firm had revenue of $906.42 million during the quarter, compared to analysts’ expectations of $895.17 million. Rollins had a return on equity of 38.37% and a net margin of 13.77%.Rollins’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same period last year, the business earned $0.22 earnings per share. As a group, sell-side analysts anticipate that Rollins, Inc. will post 1.24 earnings per share for the current year.

Rollins Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Monday, May 11th will be given a $0.1825 dividend. This represents a $0.73 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Monday, May 11th. Rollins’s dividend payout ratio (DPR) is 66.97%.

About Rollins

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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