Rollins, Inc. (NYSE:ROL) Shares Acquired by Xponance Inc.

Xponance Inc. raised its position in Rollins, Inc. (NYSE:ROL) by 5.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 64,864 shares of the business services provider’s stock after buying an additional 3,615 shares during the period. Xponance Inc.’s holdings in Rollins were worth $3,165,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ROL. Bank of Montreal Can raised its stake in Rollins by 13.9% in the 2nd quarter. Bank of Montreal Can now owns 239,222 shares of the business services provider’s stock valued at $11,932,000 after purchasing an additional 29,157 shares during the last quarter. Public Sector Pension Investment Board grew its holdings in shares of Rollins by 85.6% during the second quarter. Public Sector Pension Investment Board now owns 9,527 shares of the business services provider’s stock worth $465,000 after buying an additional 4,395 shares in the last quarter. Cyrus J. Lawrence LLC raised its position in shares of Rollins by 1.0% in the second quarter. Cyrus J. Lawrence LLC now owns 135,875 shares of the business services provider’s stock valued at $6,629,000 after buying an additional 1,379 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in Rollins by 24.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 7,717 shares of the business services provider’s stock valued at $370,000 after acquiring an additional 1,536 shares in the last quarter. Finally, ProShare Advisors LLC raised its holdings in Rollins by 4.1% in the 2nd quarter. ProShare Advisors LLC now owns 62,174 shares of the business services provider’s stock valued at $3,033,000 after acquiring an additional 2,423 shares during the last quarter. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Rollins Price Performance

ROL stock opened at $50.77 on Thursday. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.41. Rollins, Inc. has a fifty-two week low of $32.19 and a fifty-two week high of $51.96. The stock has a market cap of $24.58 billion, a price-to-earnings ratio of 57.04 and a beta of 0.70. The business has a 50 day moving average price of $49.34 and a 200 day moving average price of $47.61.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, July 24th. The business services provider reported $0.27 EPS for the quarter, hitting analysts’ consensus estimates of $0.27. Rollins had a net margin of 14.23% and a return on equity of 40.10%. The company had revenue of $891.90 million during the quarter, compared to the consensus estimate of $895.02 million. During the same quarter in the prior year, the firm earned $0.23 EPS. Rollins’s quarterly revenue was up 8.7% on a year-over-year basis. Equities research analysts anticipate that Rollins, Inc. will post 1 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Monday, August 12th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, August 12th. This represents a $0.60 annualized dividend and a dividend yield of 1.18%. Rollins’s dividend payout ratio is currently 67.42%.

Analyst Upgrades and Downgrades

ROL has been the topic of a number of recent research reports. StockNews.com lowered Rollins from a “buy” rating to a “hold” rating in a research note on Tuesday. Wells Fargo & Company began coverage on shares of Rollins in a research report on Monday, August 12th. They set an “overweight” rating and a $54.00 price objective for the company. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research report on Thursday, July 25th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $47.83.

Insider Transactions at Rollins

In other news, insider Elizabeth B. Chandler sold 4,685 shares of the stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $50.74, for a total transaction of $237,716.90. Following the transaction, the insider now directly owns 89,338 shares in the company, valued at approximately $4,533,010.12. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Rollins news, insider Elizabeth B. Chandler sold 4,685 shares of the stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $50.74, for a total value of $237,716.90. Following the completion of the sale, the insider now owns 89,338 shares of the company’s stock, valued at $4,533,010.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Elizabeth B. Chandler sold 4,686 shares of the business’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $47.82, for a total value of $224,084.52. Following the completion of the transaction, the insider now owns 95,023 shares in the company, valued at approximately $4,543,999.86. The disclosure for this sale can be found here. Insiders own 4.69% of the company’s stock.

Rollins Profile

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.