Rhumbline Advisers Has $28.69 Million Stock Holdings in Rollins, Inc. (NYSE:ROL)

Rhumbline Advisers lessened its stake in Rollins, Inc. (NYSE:ROL) by 1.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 619,018 shares of the business services provider’s stock after selling 7,438 shares during the quarter. Rhumbline Advisers’ holdings in Rollins were worth $28,691,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Eastern Bank increased its stake in Rollins by 0.5% in the 4th quarter. Eastern Bank now owns 50,410 shares of the business services provider’s stock valued at $2,337,000 after buying an additional 236 shares during the period. Raymond James Trust N.A. increased its stake in shares of Rollins by 1.9% during the 3rd quarter. Raymond James Trust N.A. now owns 13,283 shares of the business services provider’s stock worth $672,000 after purchasing an additional 252 shares during the last quarter. Motley Fool Asset Management LLC increased its stake in shares of Rollins by 3.0% during the 3rd quarter. Motley Fool Asset Management LLC now owns 10,072 shares of the business services provider’s stock worth $509,000 after purchasing an additional 289 shares during the last quarter. Mather Group LLC. increased its stake in shares of Rollins by 9.8% during the 4th quarter. Mather Group LLC. now owns 3,325 shares of the business services provider’s stock worth $154,000 after purchasing an additional 298 shares during the last quarter. Finally, Empirical Finance LLC increased its stake in shares of Rollins by 3.9% during the 3rd quarter. Empirical Finance LLC now owns 8,123 shares of the business services provider’s stock worth $411,000 after purchasing an additional 302 shares during the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Stock Performance

NYSE:ROL opened at $50.79 on Thursday. Rollins, Inc. has a 1 year low of $40.76 and a 1 year high of $52.83. The firm’s fifty day simple moving average is $48.18 and its 200 day simple moving average is $49.07. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $24.60 billion, a PE ratio of 52.91 and a beta of 0.76.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. On average, sell-side analysts anticipate that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have recently commented on ROL shares. StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research note on Wednesday. Wells Fargo & Company increased their price target 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. Royal Bank of Canada restated an “outperform” rating and set a $52.00 price target on shares of Rollins in a research note on Monday, January 6th. Barclays started coverage on shares of Rollins in a research note on Monday, November 4th. They set an “equal weight” rating and a $50.00 price target on the stock. Finally, 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 note on Friday, February 14th. Four analysts have rated the stock with a hold rating and three have issued 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.

About Rollins

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.