Mutual of America Capital Management LLC Has $1.70 Million Holdings in Rollins, Inc. (NYSE:ROL)

Mutual of America Capital Management LLC cut its holdings in Rollins, Inc. (NYSE:ROL) by 2.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,821 shares of the business services provider’s stock after selling 922 shares during the period. Mutual of America Capital Management LLC’s holdings in Rollins were worth $1,704,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Rollins by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 32,231,567 shares of the business services provider’s stock valued at $1,407,553,000 after purchasing an additional 211,560 shares during the last quarter. Norges Bank acquired a new stake in Rollins in the fourth quarter valued at $256,862,000. TD Asset Management Inc grew its position in shares of Rollins by 217.3% in the 4th quarter. TD Asset Management Inc now owns 2,468,600 shares of the business services provider’s stock valued at $107,804,000 after acquiring an additional 1,690,668 shares during the period. Wells Fargo & Company MN increased its stake in shares of Rollins by 6.6% during the 4th quarter. Wells Fargo & Company MN now owns 2,019,876 shares of the business services provider’s stock worth $88,208,000 after purchasing an additional 125,812 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Rollins by 2.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,009,004 shares of the business services provider’s stock worth $87,733,000 after purchasing an additional 48,709 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Rollins Stock Up 0.1 %

Shares of ROL opened at $49.41 on Monday. Rollins, Inc. has a 52 week low of $32.19 and a 52 week high of $50.83. The firm has a market cap of $23.93 billion, a P/E ratio of 55.52, a price-to-earnings-growth ratio of 3.77 and a beta of 0.70. The firm’s 50-day simple moving average is $47.86 and its 200 day simple moving average is $45.44. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.66 and a current ratio of 0.72.

Rollins (NYSE:ROL) last announced its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.20 EPS for the quarter, meeting analysts’ consensus estimates of $0.20. The business had revenue of $748.35 million for the quarter, compared to analyst estimates of $739.12 million. Rollins had a net margin of 13.94% and a return on equity of 37.73%. Rollins’s quarterly revenue was up 13.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.18 EPS. On average, analysts forecast that Rollins, Inc. will post 1 earnings per share for the current year.

Rollins Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Friday, May 10th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend was Thursday, May 9th. Rollins’s dividend payout ratio (DPR) is 67.42%.

Insiders Place Their Bets

In other Rollins news, CFO Kenneth D. Krause sold 3,331 shares of Rollins stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $47.50, for a total value of $158,222.50. Following the completion of the sale, the chief financial officer now owns 90,747 shares in the company, valued at approximately $4,310,482.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Rollins news, CEO Jerry Jr. Gahlhoff sold 12,000 shares of Rollins stock in a transaction dated Friday, June 7th. The shares were sold at an average price of $47.20, for a total value of $566,400.00. Following the completion of the sale, the chief executive officer now owns 288,671 shares in the company, valued at approximately $13,625,271.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Kenneth D. Krause sold 3,331 shares of Rollins stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of $47.50, for a total transaction of $158,222.50. Following the completion of the sale, the chief financial officer now owns 90,747 shares of the company’s stock, valued at approximately $4,310,482.50. The disclosure for this sale can be found here. Insiders sold 20,331 shares of company stock worth $949,623 in the last quarter. 4.69% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. UBS Group reissued a “neutral” rating and set a $49.00 price target on shares of Rollins in a research report on Monday, April 15th. StockNews.com upgraded Rollins from a “hold” rating to a “buy” rating in a research note on Wednesday, July 10th. Finally, Morgan Stanley lifted their price objective on shares of Rollins from $42.00 to $43.00 and gave the stock an “equal weight” rating in a research report on Friday, April 26th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.60.

Rollins Profile

Rollins, Inc, through its subsidiaries, provides pest and wildlife control services to residential and commercial customers in the United States and internationally. The company offers pest control services to residential properties protecting from common pests, including rodents, insects, and wildlife.