Rollins, Inc. (NYSE:ROL) Stock Holdings Increased by Norinchukin Bank The

Norinchukin Bank The lifted its position in Rollins, Inc. (NYSE:ROL) by 78.0% during the first quarter, Holdings Channel reports. The institutional investor owned 289,790 shares of the business services provider’s stock after buying an additional 127,013 shares during the quarter. Norinchukin Bank The’s holdings in Rollins were worth $9,975,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Amundi Pioneer Asset Management Inc. grew its holdings in shares of Rollins by 62.8% in the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 223,006 shares of the business services provider’s stock worth $9,281,000 after acquiring an additional 86,010 shares during the last quarter. Dupont Capital Management Corp acquired a new position in shares of Rollins in the 4th quarter worth $198,000. Victory Capital Management Inc. grew its holdings in shares of Rollins by 44.9% in the 4th quarter. Victory Capital Management Inc. now owns 643,187 shares of the business services provider’s stock worth $25,129,000 after acquiring an additional 199,416 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of Rollins by 36.6% in the 4th quarter. Parallel Advisors LLC now owns 2,734 shares of the business services provider’s stock worth $107,000 after acquiring an additional 733 shares during the last quarter. Finally, First Trust Advisors LP grew its holdings in shares of Rollins by 311.0% in the 4th quarter. First Trust Advisors LP now owns 830,913 shares of the business services provider’s stock worth $32,464,000 after acquiring an additional 628,765 shares during the last quarter. 39.33% of the stock is currently owned by institutional investors.

Shares of NYSE:ROL opened at $33.19 on Friday. Rollins, Inc. has a fifty-two week low of $27.02 and a fifty-two week high of $43.00. The business has a 50-day moving average of $35.25. The firm has a market capitalization of $16.33 billion, a PE ratio of 52.41 and a beta of 0.51. The company has a quick ratio of 0.59, a current ratio of 0.66 and a debt-to-equity ratio of 0.10.

Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, April 28th. The business services provider reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.03. Rollins had a return on equity of 31.56% and a net margin of 14.04%. The business had revenue of $535.60 million during the quarter, compared to analysts’ expectations of $517.60 million. During the same quarter in the previous year, the firm earned $0.13 EPS. The firm’s revenue was up 9.8% compared to the same quarter last year. As a group, equities analysts forecast that Rollins, Inc. will post 0.65 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 10th. Investors of record on Monday, May 10th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, May 7th. This represents a $0.32 annualized dividend and a dividend yield of 0.96%. Rollins’s dividend payout ratio is presently 59.26%.

ROL has been the topic of a number of research analyst reports. Zacks Investment Research upgraded Rollins from a “hold” rating to a “buy” rating and set a $40.00 price target on the stock in a report on Friday, April 30th. TheStreet upgraded Rollins from a “c+” rating to a “b” rating in a report on Wednesday, April 28th.

About Rollins

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.

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Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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