Rollins, Inc. (ROL) Position Reduced by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado decreased its stake in Rollins, Inc. (NYSE:ROL) by 0.0% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 475,753 shares of the business services provider’s stock after selling 33 shares during the period. Public Employees Retirement Association of Colorado owned 0.22% of Rollins worth $19,368,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of ROL. TrimTabs Asset Management LLC boosted its position in shares of Rollins by 89.0% in the first quarter. TrimTabs Asset Management LLC now owns 3,669 shares of the business services provider’s stock valued at $136,000 after buying an additional 1,728 shares in the last quarter. Neuburgh Advisers LLC boosted its position in shares of Rollins by 67.1% in the first quarter. Neuburgh Advisers LLC now owns 4,224 shares of the business services provider’s stock valued at $157,000 after buying an additional 1,696 shares in the last quarter. First Quadrant L P CA boosted its position in shares of Rollins by 909.7% in the second quarter. First Quadrant L P CA now owns 3,857 shares of the business services provider’s stock valued at $157,000 after buying an additional 3,475 shares in the last quarter. Blair William & Co. IL acquired a new position in shares of Rollins during the first quarter valued at $210,000. Finally, Glen Harbor Capital Management LLC boosted its position in shares of Rollins by 67.1% in the first quarter. Glen Harbor Capital Management LLC now owns 5,808 shares of the business services provider’s stock valued at $216,000 after buying an additional 2,332 shares in the last quarter. Institutional investors and hedge funds own 37.86% of the company’s stock.

Rollins, Inc. (ROL) opened at 43.65 on Friday. The company’s 50 day moving average is $42.42 and its 200-day moving average is $39.64. Rollins, Inc. has a 1-year low of $27.95 and a 1-year high of $44.64. The stock has a market cap of $9.52 billion, a PE ratio of 52.40 and a beta of 0.29.

Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, July 26th. The business services provider reported $0.25 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.25. The business had revenue of $433.56 million for the quarter, compared to the consensus estimate of $436.81 million. Rollins had a net margin of 11.22% and a return on equity of 30.26%. The company’s revenue was up 5.5% compared to the same quarter last year. During the same period last year, the firm posted $0.22 earnings per share. Equities research analysts forecast that Rollins, Inc. will post $0.86 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 11th. Shareholders of record on Thursday, August 10th will be issued a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a yield of 1.05%. The ex-dividend date is Tuesday, August 8th. Rollins’s payout ratio is 55.42%.

WARNING: This story was published by Community Financial News and is owned by of Community Financial News. If you are viewing this story on another site, it was illegally stolen and republished in violation of international copyright & trademark laws. The legal version of this story can be viewed at https://www.com-unik.info/2017/08/19/public-employees-retirement-association-of-colorado-has-19-37-million-stake-in-rollins-inc-rol-updated-updated.html.

Several brokerages have recently weighed in on ROL. BidaskClub cut shares of Rollins from a “buy” rating to a “hold” rating in a research note on Thursday, July 6th. Nomura reiterated a “buy” rating and set a $40.00 price target on shares of Rollins in a research note on Thursday, April 27th. Instinet lifted their price target on shares of Rollins from $40.00 to $46.00 and gave the stock a “buy” rating in a research note on Thursday, May 25th. Finally, Zacks Investment Research upgraded shares of Rollins from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a research note on Saturday, July 29th.

About Rollins

Rollins, Inc is a service company, which operates in pest and termite control business segment. The Company, through its subsidiaries, provides its services to both residential and commercial customers in North America, Australia, and Europe with international franchises in Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, Canada, Australia, and Mexico.

Institutional Ownership by Quarter for Rollins (NYSE:ROL)

What are top analysts saying about Rollins Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Rollins Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit