OneDigital Investment Advisors LLC Takes Position in Rollins, Inc. $ROL

OneDigital Investment Advisors LLC purchased a new stake in Rollins, Inc. (NYSE:ROL) in the second quarter, Holdings Channel reports. The firm purchased 14,912 shares of the business services provider’s stock, valued at approximately $622,000.

Several other institutional investors also recently bought and sold shares of the company. LRI Investments LLC raised its position in Rollins by 8.7% during the 4th quarter. LRI Investments LLC now owns 2,293 shares of the business services provider’s stock valued at $138,000 after purchasing an additional 183 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of Rollins by 1.1% in the 1st quarter. Sequoia Financial Advisors LLC now owns 16,365 shares of the business services provider’s stock worth $874,000 after buying an additional 183 shares during the period. IFM Investors Pty Ltd grew its position in shares of Rollins by 0.3% during the 1st quarter. IFM Investors Pty Ltd now owns 57,895 shares of the business services provider’s stock worth $3,092,000 after buying an additional 185 shares in the last quarter. New Mexico Educational Retirement Board increased its stake in shares of Rollins by 1.6% during the fourth quarter. New Mexico Educational Retirement Board now owns 12,875 shares of the business services provider’s stock valued at $773,000 after buying an additional 200 shares during the period. Finally, Inspire Investing LLC increased its stake in shares of Rollins by 3.9% during the fourth quarter. Inspire Investing LLC now owns 5,457 shares of the business services provider’s stock valued at $328,000 after buying an additional 203 shares during the period. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Rollins Stock Performance

ROL stock opened at $36.38 on Wednesday. The firm has a market cap of $17.50 billion, a price-to-earnings ratio of 33.07, a PEG ratio of 3.95 and a beta of 0.75. The firm has a 50-day simple moving average of $41.90 and a two-hundred day simple moving average of $50.78. Rollins, Inc. has a one year low of $35.83 and a one year high of $66.14. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.58 and a current ratio of 0.63.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Rollins had a return on equity of 38.81% and a net margin of 13.55%.The firm’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.30 EPS. On average, equities analysts forecast that Rollins, Inc. will post 1.19 EPS for the current fiscal year.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be paid a $0.1825 dividend. This represents a $0.73 annualized dividend and a yield of 2.0%. The ex-dividend date is Monday, August 10th. Rollins’s dividend payout ratio (DPR) is 66.36%.

Analyst Ratings Changes

A number of research firms recently weighed in on ROL. Piper Sandler lowered their price objective on shares of Rollins from $72.00 to $46.00 and set an “overweight” rating for the company in a research note on Friday, July 24th. Sanford C. Bernstein downgraded shares of Rollins from an “outperform” rating to a “market perform” rating and cut their target price for the company from $70.00 to $52.00 in a research report on Friday, May 29th. Morgan Stanley reduced their price target on shares of Rollins from $70.00 to $65.00 and set an “overweight” rating for the company in a report on Wednesday, July 8th. UBS Group reaffirmed a “neutral” rating and issued a $43.00 price target (down from $50.00) on shares of Rollins in a research report on Friday, July 24th. Finally, Zacks Research downgraded shares of Rollins from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Rollins currently has an average rating of “Hold” and an average price target of $48.71.

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.