Atria Investments LLC Acquires 3,156 Shares of Rollins, Inc. (NYSE:ROL)

Atria Investments LLC lifted its holdings in Rollins, Inc. (NYSE:ROLGet Rating) by 2.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 111,471 shares of the business services provider’s stock after buying an additional 3,156 shares during the quarter. Atria Investments LLC’s holdings in Rollins were worth $3,813,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. SevenOneSeven Capital Management boosted its stake in shares of Rollins by 2.3% in the third quarter. SevenOneSeven Capital Management now owns 12,720 shares of the business services provider’s stock worth $449,000 after acquiring an additional 284 shares during the period. Securian Asset Management Inc. boosted its stake in shares of Rollins by 1.6% in the third quarter. Securian Asset Management Inc. now owns 19,551 shares of the business services provider’s stock worth $691,000 after acquiring an additional 303 shares during the period. Heritage Wealth Management LLC boosted its stake in shares of Rollins by 3.0% in the third quarter. Heritage Wealth Management LLC now owns 11,058 shares of the business services provider’s stock worth $391,000 after acquiring an additional 320 shares during the period. Daiwa Securities Group Inc. boosted its stake in shares of Rollins by 2.6% in the fourth quarter. Daiwa Securities Group Inc. now owns 12,875 shares of the business services provider’s stock worth $440,000 after acquiring an additional 330 shares during the period. Finally, Spire Wealth Management boosted its stake in shares of Rollins by 103.7% in the fourth quarter. Spire Wealth Management now owns 719 shares of the business services provider’s stock worth $25,000 after acquiring an additional 366 shares during the period. 39.29% of the stock is owned by hedge funds and other institutional investors.

ROL has been the subject of a number of research reports. Royal Bank of Canada increased their price target on Rollins from $33.00 to $40.00 and gave the company a “sector perform” rating in a research note on Monday, April 11th. Zacks Investment Research raised Rollins from a “sell” rating to a “hold” rating and set a $40.00 price target for the company in a research note on Monday, April 4th. Finally, StockNews.com initiated coverage on Rollins in a research note on Thursday, March 31st. They set a “hold” rating for the company.

NYSE:ROL opened at $34.90 on Monday. The firm has a market capitalization of $17.19 billion, a price-to-earnings ratio of 49.16 and a beta of 0.60. Rollins, Inc. has a 1 year low of $28.50 and a 1 year high of $40.11. The business has a 50 day simple moving average of $33.31 and a 200-day simple moving average of $33.85. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.72 and a quick ratio of 0.66.

Rollins (NYSE:ROLGet Rating) last posted its quarterly earnings data on Wednesday, January 26th. The business services provider reported $0.14 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.14. The business had revenue of $600.30 million during the quarter, compared to analyst estimates of $583.63 million. Rollins had a return on equity of 31.49% and a net margin of 14.47%. The company’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period last year, the company earned $0.13 EPS. As a group, analysts expect that Rollins, Inc. will post 0.73 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 10th. Stockholders of record on Thursday, February 10th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.15%. The ex-dividend date of this dividend was Wednesday, February 9th. Rollins’s payout ratio is 56.34%.

Rollins Profile (Get Rating)

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.

Further Reading

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Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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