Roman Butler Fullerton & Co. Boosts Stake in Rollins, Inc. (NYSE:ROL)

Roman Butler Fullerton & Co. raised its position in Rollins, Inc. (NYSE:ROL) by 100.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,515 shares of the business services provider’s stock after buying an additional 4,761 shares during the period. Roman Butler Fullerton & Co.’s holdings in Rollins were worth $471,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC lifted its position in shares of Rollins by 10.1% during the fourth quarter. V Square Quantitative Management LLC now owns 5,995 shares of the business services provider’s stock worth $278,000 after purchasing an additional 550 shares during the last quarter. Buckhead Capital Management LLC lifted its position in shares of Rollins by 3.8% during the fourth quarter. Buckhead Capital Management LLC now owns 13,112 shares of the business services provider’s stock worth $608,000 after purchasing an additional 483 shares during the last quarter. Fiera Capital Corp lifted its position in shares of Rollins by 32.3% during the fourth quarter. Fiera Capital Corp now owns 1,130,540 shares of the business services provider’s stock worth $52,401,000 after purchasing an additional 275,963 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of Rollins by 96.1% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,000,045 shares of the business services provider’s stock worth $46,046,000 after purchasing an additional 490,183 shares during the last quarter. Finally, Marks Group Wealth Management Inc lifted its position in shares of Rollins by 2.6% during the fourth quarter. Marks Group Wealth Management Inc now owns 28,924 shares of the business services provider’s stock worth $1,341,000 after purchasing an additional 727 shares during the last quarter. 51.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on ROL shares. Morgan Stanley increased their price target on shares of Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Friday. Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 price target on shares of Rollins in a research report on Monday, January 6th. Canaccord Genuity Group increased their price target on shares of Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research report on Friday. StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Wells Fargo & Company increased their price objective on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $52.00.

Rollins Price Performance

ROL opened at $50.70 on Friday. The firm has a market cap of $24.55 billion, a price-to-earnings ratio of 52.81 and a beta of 0.76. Rollins, Inc. has a fifty-two week low of $40.41 and a fifty-two week high of $52.83. The company’s 50-day moving average price is $48.06 and its 200 day moving average price is $48.98. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.34.

Rollins (NYSE:ROL) last announced its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, meeting the consensus estimate of $0.23. Rollins had a net margin of 14.18% and a return on equity of 38.67%. As a group, sell-side analysts expect that Rollins, Inc. will post 0.99 earnings per share for the current year.

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th will be paid a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $0.66 annualized dividend and a dividend yield of 1.30%. Rollins’s payout ratio is currently 68.75%.

Rollins Company 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.