Epoch Investment Partners Inc. Boosts Holdings in Rollins, Inc. (ROL)
Epoch Investment Partners Inc. boosted its position in shares of Rollins, Inc. (NYSE:ROL) by 53.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 103,250 shares of the business services provider’s stock after buying an additional 36,091 shares during the period. Epoch Investment Partners Inc.’s holdings in Rollins were worth $3,727,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Fort L.P. grew its position in shares of Rollins by 169.1% in the fourth quarter. Fort L.P. now owns 42,109 shares of the business services provider’s stock valued at $1,520,000 after purchasing an additional 26,462 shares in the last quarter. Front Street Capital Management Inc. grew its position in shares of Rollins by 50.0% in the fourth quarter. Front Street Capital Management Inc. now owns 22,780 shares of the business services provider’s stock valued at $822,000 after purchasing an additional 7,593 shares in the last quarter. Neuburgh Advisers LLC grew its position in shares of Rollins by 33.1% in the fourth quarter. Neuburgh Advisers LLC now owns 10,176 shares of the business services provider’s stock valued at $367,000 after purchasing an additional 2,528 shares in the last quarter. Magnus Financial Group LLC purchased a new stake in shares of Rollins in the fourth quarter valued at approximately $220,000. Finally, California State Teachers Retirement System grew its position in shares of Rollins by 56.1% in the fourth quarter. California State Teachers Retirement System now owns 245,922 shares of the business services provider’s stock valued at $8,878,000 after purchasing an additional 88,376 shares in the last quarter. Institutional investors own 39.42% of the company’s stock.
A number of research firms have recently issued reports on ROL. Zacks Investment Research upgraded Rollins from a “sell” rating to a “hold” rating in a research report on Wednesday, February 27th. Nomura restated a “buy” rating and issued a $46.00 price target on shares of Rollins in a research report on Monday, January 28th. ValuEngine lowered Rollins from a “buy” rating to a “hold” rating in a research report on Tuesday, December 11th. Finally, William Blair restated a “buy” rating on shares of Rollins in a research report on Friday, December 7th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Rollins has an average rating of “Hold” and an average price target of $39.00.
Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, January 23rd. The business services provider reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.01). The business had revenue of $444.62 million during the quarter, compared to analysts’ expectations of $446.61 million. Rollins had a return on equity of 33.03% and a net margin of 12.72%. The company’s revenue was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.10 earnings per share. As a group, analysts anticipate that Rollins, Inc. will post 0.77 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Monday, February 11th were given a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 1.02%. This is a positive change from Rollins’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Friday, February 8th. Rollins’s dividend payout ratio is presently 59.15%.
Rollins Company Profile
Rollins, Inc, through its subsidiaries, provides pest and termite control services to residential and commercial customers. It offers protection against termite damage, rodents, and insects to homes and businesses, including hotels, food service establishments, food manufacturers, retailers, and transportation companies.
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