Stephens Inc. AR cut its position in Rollins, Inc. (NYSE:ROL) by 16.2% during the first quarter, Holdings Channel reports. The fund owned 5,906 shares of the business services provider’s stock after selling 1,139 shares during the period. Stephens Inc. AR’s holdings in Rollins were worth $219,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of ROL. Bollard Group LLC boosted its position in Rollins by 0.3% in the first quarter. Bollard Group LLC now owns 18,847 shares of the business services provider’s stock worth $700,000 after buying an additional 59 shares during the last quarter. Penobscot Investment Management Company Inc. boosted its position in Rollins by 0.9% in the first quarter. Penobscot Investment Management Company Inc. now owns 11,782 shares of the business services provider’s stock worth $437,000 after buying an additional 110 shares during the last quarter. Suntrust Banks Inc. boosted its position in Rollins by 0.9% in the first quarter. Suntrust Banks Inc. now owns 24,453 shares of the business services provider’s stock worth $907,000 after buying an additional 227 shares during the last quarter. State Treasurer State of Michigan boosted its position in Rollins by 0.8% in the first quarter. State Treasurer State of Michigan now owns 38,939 shares of the business services provider’s stock worth $1,446,000 after buying an additional 300 shares during the last quarter. Finally, Advantus Capital Management Inc boosted its position in Rollins by 3.1% in the first quarter. Advantus Capital Management Inc now owns 12,283 shares of the business services provider’s stock worth $456,000 after buying an additional 371 shares during the last quarter. Hedge funds and other institutional investors own 37.97% of the company’s stock.

Institutional Ownership by Quarter for Rollins (NYSE:ROL)

Shares of Rollins, Inc. (NYSE:ROL) traded down 0.05% on Friday, reaching $43.28. 1,057,688 shares of the company’s stock traded hands. Rollins, Inc. has a 52 week low of $26.81 and a 52 week high of $43.59. The firm has a market capitalization of $9.44 billion, a P/E ratio of 54.10 and a beta of 0.29. The firm’s 50 day moving average is $41.56 and its 200 day moving average is $36.92.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, April 26th. The business services provider reported $0.17 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.17. The company had revenue of $375.25 million for the quarter, compared to analyst estimates of $373.04 million. Rollins had a net margin of 11.01% and a return on equity of 30.01%. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.15 earnings per share. Analysts expect that Rollins, Inc. will post $0.86 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 9th. Stockholders of record on Wednesday, May 10th were given a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date was Monday, May 8th. Rollins’s dividend payout ratio is presently 57.50%.

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A number of research firms have recently commented on ROL. Nomura restated a “buy” rating and issued a $40.00 price target on shares of Rollins in a report on Thursday, April 27th. Instinet upped their price target on shares of Rollins from $40.00 to $46.00 and gave the stock a “buy” rating in a report on Thursday, May 25th. Finally, Zacks Investment Research cut shares of Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, March 29th.

About Rollins

Rollins, Inc is a service company, which operates in pest and termite control business segment. The Company, through its subsidiaries, provides its services to both residential and commercial customers in North America, Australia, and Europe with international franchises in Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, Canada, Australia, and Mexico.

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