Rollins, Inc. (NYSE:ROL) Stake Lessened by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. lessened its holdings in Rollins, Inc. (NYSE:ROL - Free Report) by 5.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 304,086 shares of the business services provider's stock after selling 17,074 shares during the period. Asset Management One Co. Ltd. owned about 0.06% of Rollins worth $14,172,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Eastern Bank increased its stake in Rollins by 0.5% during the 4th quarter. Eastern Bank now owns 50,410 shares of the business services provider's stock valued at $2,337,000 after purchasing an additional 236 shares in the last quarter. Raymond James Trust N.A. increased its stake in Rollins by 1.9% during the 3rd quarter. Raymond James Trust N.A. now owns 13,283 shares of the business services provider's stock valued at $672,000 after purchasing an additional 252 shares in the last quarter. Motley Fool Asset Management LLC increased its stake in Rollins by 3.0% during the 3rd quarter. Motley Fool Asset Management LLC now owns 10,072 shares of the business services provider's stock valued at $509,000 after purchasing an additional 289 shares in the last quarter. Mather Group LLC. increased its stake in Rollins by 9.8% during the 4th quarter. Mather Group LLC. now owns 3,325 shares of the business services provider's stock valued at $154,000 after purchasing an additional 298 shares in the last quarter. Finally, Empirical Finance LLC increased its stake in Rollins by 3.9% during the 3rd quarter. Empirical Finance LLC now owns 8,123 shares of the business services provider's stock valued at $411,000 after purchasing an additional 302 shares in the last quarter. Hedge funds and other institutional investors own 51.79% of the company's stock.

Rollins Stock Performance

Shares of NYSE:ROL traded up $0.56 during midday trading on Thursday, reaching $51.32. The company's stock had a trading volume of 1,847,014 shares, compared to its average volume of 1,763,391. The firm has a market capitalization of $24.85 billion, a PE ratio of 53.45 and a beta of 0.76. Rollins, Inc. has a twelve month low of $40.88 and a twelve month high of $52.83. The stock has a fifty day moving average of $48.18 and a 200 day moving average of $49.07. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30.

Rollins (NYSE:ROL - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, meeting the consensus estimate of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. On average, equities analysts expect that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be given 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 1.29%. Rollins's dividend payout ratio is presently 68.75%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ROL. Canaccord Genuity Group upped their price target on shares of Rollins from $48.00 to $49.00 and gave the company a "hold" rating in a research note on Friday, February 14th. Royal Bank of Canada restated an "outperform" rating and set a $52.00 price target on shares of Rollins in a research note on Monday, January 6th. Wells Fargo & Company upped their price target on shares of Rollins from $56.00 to $58.00 and gave the company an "overweight" rating in a research note on Monday, December 16th. StockNews.com upgraded shares of Rollins from a "hold" rating to a "buy" rating in a research note on Wednesday. Finally, Morgan Stanley increased their price objective on shares of Rollins from $48.00 to $50.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Rollins has an average rating of "Hold" and a consensus price target of $52.00.

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.