Rollins, Inc. (NYSE:ROL) Stake Lessened by Seeyond

Seeyond lowered its holdings in Rollins, Inc. (NYSE:ROL) by 17.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,038 shares of the business services provider’s stock after selling 5,477 shares during the period. Seeyond’s holdings in Rollins were worth $898,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in ROL. BlackRock Inc. increased its stake in shares of Rollins by 3.0% in the first quarter. BlackRock Inc. now owns 10,686,538 shares of the business services provider’s stock worth $444,771,000 after acquiring an additional 313,004 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Rollins by 4.4% in the second quarter. Bank of New York Mellon Corp now owns 2,451,461 shares of the business services provider’s stock worth $87,933,000 after acquiring an additional 103,373 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Rollins by 64.5% in the fourth quarter. Geode Capital Management LLC now owns 2,374,960 shares of the business services provider’s stock worth $85,615,000 after acquiring an additional 931,002 shares during the last quarter. Riverbridge Partners LLC increased its stake in shares of Rollins by 2.0% in the second quarter. Riverbridge Partners LLC now owns 2,096,058 shares of the business services provider’s stock worth $75,186,000 after acquiring an additional 40,222 shares during the last quarter. Finally, Northern Trust Corp increased its stake in shares of Rollins by 1.2% in the second quarter. Northern Trust Corp now owns 2,066,824 shares of the business services provider’s stock worth $74,137,000 after acquiring an additional 24,652 shares during the last quarter. Institutional investors own 42.62% of the company’s stock.

Rollins stock traded down $0.19 during mid-day trading on Friday, hitting $34.53. 29,220 shares of the company’s stock were exchanged, compared to its average volume of 1,228,195. The company has a current ratio of 0.77, a quick ratio of 0.73 and a debt-to-equity ratio of 0.45. The stock has a market cap of $11.32 billion, a P/E ratio of 48.62 and a beta of 0.35. Rollins, Inc. has a 1-year low of $31.36 and a 1-year high of $43.91. The stock has a 50 day moving average of $33.17 and a two-hundred day moving average of $37.49.



Rollins (NYSE:ROL) last posted its earnings results on Wednesday, July 24th. The business services provider reported $0.21 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.21. The firm had revenue of $524.00 million for the quarter, compared to the consensus estimate of $523.88 million. Rollins had a net margin of 11.99% and a return on equity of 31.43%. The business’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.30 earnings per share. As a group, research analysts predict that Rollins, Inc. will post 0.72 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Friday, August 9th were given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 1.22%. The ex-dividend date was Thursday, August 8th. Rollins’s payout ratio is 59.15%.

Several equities analysts have commented on ROL shares. Zacks Investment Research raised shares of Rollins from a “sell” rating to a “hold” rating and set a $37.00 target price on the stock in a research report on Monday, July 29th. Stifel Nicolaus downgraded shares of Rollins from a “hold” rating to a “sell” rating and lowered their target price for the stock from $36.50 to $25.00 in a research report on Wednesday, June 26th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $35.87.

Rollins Company Profile

Rollins, Inc, through its subsidiaries, provides pest and termite control services to residential and commercial customers. It offers protection against termite damage, rodents, and insects to homes and businesses, including hotels, food service establishments, food manufacturers, retailers, and transportation companies.

Further Reading: Price-Sales Ratio

Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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