Rollins, Inc. (NYSE:ROL) Given Average Rating of “Hold” by Analysts

Rollins, Inc. (NYSE:ROL) has been given an average rating of “Hold” by the six ratings firms that are presently covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $51.50.

Several research firms have recently issued reports on ROL. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research note on Monday, January 6th. Canaccord Genuity Group began coverage on Rollins in a research note on Tuesday, January 7th. They issued a “hold” rating and a $48.00 price target for the company. Wells Fargo & Company increased their price target on Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. Morgan Stanley increased their price target on Rollins from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 12th. Finally, StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a research note on Tuesday.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ROL. Norges Bank bought a new position in Rollins during the fourth quarter valued at about $176,784,000. Marshall Wace LLP lifted its holdings in shares of Rollins by 389.2% during the fourth quarter. Marshall Wace LLP now owns 2,770,131 shares of the business services provider’s stock valued at $128,396,000 after purchasing an additional 2,203,859 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Rollins during the fourth quarter valued at $74,249,000. Geode Capital Management LLC lifted its holdings in shares of Rollins by 17.6% during the fourth quarter. Geode Capital Management LLC now owns 8,557,923 shares of the business services provider’s stock valued at $395,819,000 after purchasing an additional 1,282,508 shares during the last quarter. Finally, Montrusco Bolton Investments Inc. lifted its holdings in shares of Rollins by 14.0% during the third quarter. Montrusco Bolton Investments Inc. now owns 9,397,497 shares of the business services provider’s stock valued at $465,503,000 after purchasing an additional 1,154,722 shares during the last quarter. Institutional investors own 51.79% of the company’s stock.

Rollins Price Performance

Shares of ROL opened at $51.99 on Friday. The company has a market cap of $25.18 billion, a P/E ratio of 54.16 and a beta of 0.76. The stock has a fifty day moving average price of $48.00 and a 200 day moving average price of $48.96. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.78 and a quick ratio of 0.72. Rollins has a 12 month low of $40.41 and a 12 month high of $52.84.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.23. Rollins had a return on equity of 38.67% and a net margin of 14.18%. On average, research analysts forecast that Rollins will post 0.99 earnings per share for the current year.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be paid a dividend of $0.165 per share. The ex-dividend date is Tuesday, February 25th. This represents a $0.66 annualized dividend and a yield of 1.27%. Rollins’s dividend 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.