Y.D. More Investments Ltd Acquires New Position in Rollins, Inc. $ROL

Y.D. More Investments Ltd bought a new position in Rollins, Inc. (NYSE:ROL) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 16,823 shares of the business services provider’s stock, valued at approximately $1,010,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in shares of Rollins by 4.2% in the 3rd quarter. Vanguard Group Inc. now owns 36,720,282 shares of the business services provider’s stock worth $2,156,949,000 after acquiring an additional 1,480,306 shares during the last quarter. Select Equity Group L.P. raised its position in Rollins by 149.6% in the 2nd quarter. Select Equity Group L.P. now owns 1,265,543 shares of the business services provider’s stock worth $71,402,000 after purchasing an additional 758,462 shares during the period. Federated Hermes Inc. raised its position in Rollins by 1,240.6% in the 2nd quarter. Federated Hermes Inc. now owns 771,806 shares of the business services provider’s stock worth $43,545,000 after purchasing an additional 714,235 shares during the period. Mackenzie Financial Corp lifted its stake in Rollins by 62.3% in the third quarter. Mackenzie Financial Corp now owns 1,548,877 shares of the business services provider’s stock worth $90,981,000 after purchasing an additional 594,735 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in Rollins by 156.0% in the third quarter. First Trust Advisors LP now owns 943,960 shares of the business services provider’s stock worth $55,448,000 after purchasing an additional 575,242 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors.

Rollins Trading Up 0.3%

ROL opened at $54.11 on Tuesday. Rollins, Inc. has a one year low of $49.73 and a one year high of $66.14. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.60 and a quick ratio of 0.55. The business has a 50 day simple moving average of $58.40 and a two-hundred day simple moving average of $58.89. The firm has a market capitalization of $26.08 billion, a price-to-earnings ratio of 49.64, a PEG ratio of 3.33 and a beta of 0.84.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, February 11th. The business services provider reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.02). Rollins had a return on equity of 38.16% and a net margin of 14.00%.The business had revenue of $912.91 million during the quarter, compared to the consensus estimate of $925.08 million. During the same quarter in the prior year, the business posted $0.22 earnings per share. Rollins’s quarterly revenue was up 9.7% compared to the same quarter last year. Analysts predict that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th were issued a $0.1825 dividend. The ex-dividend date was Wednesday, February 25th. This represents a $0.73 annualized dividend and a yield of 1.3%. Rollins’s payout ratio is 66.97%.

Insiders Place Their Bets

In other Rollins news, CEO Jerry Jr. Gahlhoff sold 1,307 shares of the business’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $62.83, for a total transaction of $82,118.81. Following the transaction, the chief executive officer directly owned 327,079 shares of the company’s stock, valued at approximately $20,550,373.57. The trade was a 0.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Elizabeth B. Chandler sold 14,201 shares of the company’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $59.36, for a total transaction of $842,971.36. Following the completion of the transaction, the insider owned 55,977 shares of the company’s stock, valued at $3,322,794.72. This trade represents a 20.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 69,435 shares of company stock valued at $4,321,384 over the last quarter. 4.47% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on ROL shares. UBS Group set a $65.00 price objective on Rollins in a research note on Wednesday, January 21st. Canaccord Genuity Group set a $52.00 price target on Rollins and gave the stock a “hold” rating in a research note on Friday, February 13th. Weiss Ratings reissued a “buy (b)” rating on shares of Rollins in a research note on Monday, December 29th. Wells Fargo & Company set a $56.00 target price on shares of Rollins and gave the stock an “equal weight” rating in a report on Thursday, February 12th. Finally, Royal Bank Of Canada set a $67.00 price target on shares of Rollins and gave the company an “outperform” rating in a report on Thursday, February 12th. Eleven analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $66.08.

Rollins Company Profile

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.