Aviva PLC Cuts Stake in Rollins, Inc. (NYSE:ROL)

Aviva PLC cut its stake in Rollins, Inc. (NYSE:ROL) by 5.0% during the 2nd quarter, HoldingsChannel reports. The firm owned 104,531 shares of the business services provider’s stock after selling 5,467 shares during the quarter. Aviva PLC’s holdings in Rollins were worth $3,575,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in ROL. APG Asset Management N.V. raised its position in Rollins by 15.2% in the first quarter. APG Asset Management N.V. now owns 20,823,837 shares of the business services provider’s stock valued at $609,850,000 after purchasing an additional 2,755,358 shares during the period. Price T Rowe Associates Inc. MD increased its position in shares of Rollins by 16.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 7,768,049 shares of the business services provider’s stock worth $267,376,000 after acquiring an additional 1,094,319 shares during the last quarter. Glenmede Trust Co. NA purchased a new stake in shares of Rollins during the first quarter worth about $29,626,000. Kayne Anderson Rudnick Investment Management LLC increased its position in shares of Rollins by 11.4% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 5,660,740 shares of the business services provider’s stock worth $194,843,000 after acquiring an additional 579,401 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Rollins by 49.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,555,042 shares of the business services provider’s stock worth $60,747,000 after acquiring an additional 512,168 shares during the last quarter. 38.76% of the stock is currently owned by institutional investors.

Shares of NYSE ROL opened at $37.14 on Friday. Rollins, Inc. has a 1 year low of $31.44 and a 1 year high of $43.00. The firm has a market cap of $18.28 billion, a price-to-earnings ratio of 54.62 and a beta of 0.53. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.67 and a current ratio of 0.73. The stock’s 50-day simple moving average is $37.87 and its 200-day simple moving average is $35.71.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, July 28th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.02. Rollins had a return on equity of 32.42% and a net margin of 14.55%. The business had revenue of $638.20 million for the quarter, compared to analyst estimates of $602.80 million. As a group, research analysts predict that Rollins, Inc. will post 0.69 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, September 10th. Investors of record on Tuesday, August 10th were paid a $0.08 dividend. The ex-dividend date of this dividend was Monday, August 9th. This represents a $0.32 dividend on an annualized basis and a yield of 0.86%. Rollins’s dividend payout ratio (DPR) is 59.26%.

Rollins Company Profile

Rollins, Inc engages in the provision of pest and termite control services through its wholly-owned subsidiaries to both residential and commercial customers in United States, Canada, Central America, South America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, Mexico, and Australia.

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Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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