Rollins, Inc. (NYSE:ROL) Stock Position Lifted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its position in shares of Rollins, Inc. (NYSE:ROL) by 8.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,156,892 shares of the business services provider’s stock after buying an additional 172,009 shares during the period. Dimensional Fund Advisors LP owned about 0.45% of Rollins worth $105,247,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in Rollins by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 32,438,440 shares of the business services provider’s stock worth $1,500,927,000 after buying an additional 206,873 shares during the last quarter. TD Asset Management Inc raised its position in shares of Rollins by 14.5% during the 1st quarter. TD Asset Management Inc now owns 2,826,135 shares of the business services provider’s stock worth $130,765,000 after purchasing an additional 357,535 shares during the period. Blair William & Co. IL raised its position in shares of Rollins by 1.4% during the 1st quarter. Blair William & Co. IL now owns 2,043,014 shares of the business services provider’s stock worth $94,530,000 after purchasing an additional 27,806 shares during the period. Epoch Investment Partners Inc. raised its position in shares of Rollins by 9.7% during the 1st quarter. Epoch Investment Partners Inc. now owns 1,851,650 shares of the business services provider’s stock worth $85,676,000 after purchasing an additional 162,989 shares during the period. Finally, APG Asset Management US Inc. acquired a new stake in shares of Rollins during the 4th quarter worth approximately $77,075,000. Institutional investors own 51.79% of the company’s stock.

Rollins Stock Performance

Shares of NYSE ROL opened at $50.50 on Tuesday. The stock has a fifty day moving average price of $49.28 and a two-hundred day moving average price of $47.56. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.72 and a current ratio of 0.78. The firm has a market cap of $24.45 billion, a P/E ratio of 56.74, a PEG ratio of 3.99 and a beta of 0.70. Rollins, Inc. has a 1 year low of $32.19 and a 1 year high of $51.96.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, July 24th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.27. The firm had revenue of $891.90 million during the quarter, compared to analyst estimates of $895.02 million. Rollins had a return on equity of 40.10% and a net margin of 14.23%. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. During the same period last year, the company posted $0.23 EPS. Research analysts forecast that Rollins, Inc. will post 1 EPS for the current fiscal year.

Rollins Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Monday, August 12th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date was Monday, August 12th. Rollins’s payout ratio is currently 67.42%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on ROL. Wells Fargo & Company assumed coverage on Rollins in a research report on Monday, August 12th. They set an “overweight” rating and a $54.00 price target on the stock. StockNews.com upgraded Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, July 10th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research report on Thursday, July 25th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $47.83.

Insider Buying and Selling at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 4,686 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $47.82, for a total transaction of $224,084.52. Following the completion of the transaction, the insider now directly owns 95,023 shares of the company’s stock, valued at approximately $4,543,999.86. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, insider Elizabeth B. Chandler sold 4,686 shares of Rollins stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $47.82, for a total value of $224,084.52. Following the transaction, the insider now directly owns 95,023 shares in the company, valued at approximately $4,543,999.86. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Elizabeth B. Chandler sold 4,685 shares of the company’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $50.74, for a total value of $237,716.90. Following the sale, the insider now directly owns 89,338 shares of the company’s stock, valued at $4,533,010.12. The disclosure for this sale can be found here. 4.69% of the stock is currently owned by corporate insiders.

Rollins 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.