Public Employees Retirement Association of Colorado decreased its holdings in Rollins, Inc. (NYSE:ROL) by 3.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 418,465 shares of the business services provider’s stock after selling 15,353 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Rollins were worth $15,010,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Municipal Employees Retirement System of Michigan purchased a new position in shares of Rollins during the fourth quarter worth $142,000. Thrivent Financial for Lutherans boosted its position in shares of Rollins by 52.7% during the fourth quarter. Thrivent Financial for Lutherans now owns 6,463 shares of the business services provider’s stock worth $233,000 after buying an additional 2,230 shares during the period. Macquarie Group Ltd. purchased a new position in shares of Rollins during the fourth quarter worth $173,000. FMR LLC boosted its position in shares of Rollins by 899.4% during the fourth quarter. FMR LLC now owns 361,341 shares of the business services provider’s stock worth $13,045,000 after buying an additional 325,187 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of Rollins by 61.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,042,411 shares of the business services provider’s stock worth $37,629,000 after buying an additional 397,259 shares during the period. 39.50% of the stock is owned by institutional investors.

Several research analysts have recently commented on ROL shares. Zacks Investment Research upgraded Rollins from a “sell” rating to a “hold” rating and set a $37.00 price target for the company in a research report on Monday, July 29th. Macquarie started coverage on Rollins in a research report on Monday, April 29th. They set a “neutral” rating and a $38.90 price target for the company. Nomura lowered their price target on Rollins from $46.00 to $43.00 and set a “buy” rating for the company in a research report on Tuesday, April 30th. ValuEngine upgraded Rollins from a “hold” rating to a “buy” rating in a research report on Tuesday, April 23rd. Finally, Stifel Nicolaus lowered Rollins from a “hold” rating to a “sell” rating and lowered their price target for the stock from $36.50 to $25.00 in a research report on Wednesday, June 26th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $35.87.

NYSE:ROL opened at $32.35 on Thursday. The stock has a market capitalization of $10.64 billion, a price-to-earnings ratio of 45.56 and a beta of 0.35. The company has a fifty day moving average of $35.43. Rollins, Inc. has a 12-month low of $31.81 and a 12-month high of $43.91. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.73 and a current ratio of 0.77.

Rollins (NYSE:ROL) last released its earnings results on Wednesday, July 24th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.21. The firm had revenue of $524.00 million during the quarter, compared to analyst estimates of $523.88 million. Rollins had a return on equity of 31.43% and a net margin of 11.99%. Rollins’s revenue was up 9.1% compared to the same quarter last year. During the same period last year, the business posted $0.30 earnings per share. Equities analysts anticipate that Rollins, Inc. will post 0.72 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 10th. Investors of record on Friday, August 9th will be issued a $0.105 dividend. The ex-dividend date of this dividend is Thursday, August 8th. This represents a $0.42 dividend on an annualized basis and a yield of 1.30%. Rollins’s dividend payout ratio (DPR) 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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Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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