We Are One Seven LLC Sells 2,807 Shares of Rollins, Inc. (NYSE:ROL)

We Are One Seven LLC trimmed its holdings in shares of Rollins, Inc. (NYSE:ROL) by 17.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,913 shares of the business services provider’s stock after selling 2,807 shares during the quarter. We Are One Seven LLC’s holdings in Rollins were worth $463,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of ROL. Commonwealth Equity Services LLC grew its holdings in Rollins by 6.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 7,817 shares of the business services provider’s stock worth $282,000 after acquiring an additional 477 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Rollins by 61.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,042,411 shares of the business services provider’s stock worth $37,629,000 after acquiring an additional 397,259 shares during the last quarter. Principal Financial Group Inc. grew its holdings in Rollins by 44.0% during the 4th quarter. Principal Financial Group Inc. now owns 225,741 shares of the business services provider’s stock worth $8,149,000 after acquiring an additional 68,980 shares during the last quarter. Bank of America Corp DE grew its holdings in Rollins by 48.7% during the 4th quarter. Bank of America Corp DE now owns 502,318 shares of the business services provider’s stock worth $18,134,000 after acquiring an additional 164,512 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan bought a new stake in Rollins during the 4th quarter worth approximately $142,000. 40.11% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Rollins stock traded up $0.11 during trading on Wednesday, reaching $34.12. 20,667 shares of the company traded hands, compared to its average volume of 1,483,866. The company has a quick ratio of 0.73, a current ratio of 0.77 and a debt-to-equity ratio of 0.45. Rollins, Inc. has a 1-year low of $33.00 and a 1-year high of $43.91. The company has a 50 day moving average price of $36.82. The company has a market cap of $11.22 billion, a price-to-earnings ratio of 48.06 and a beta of 0.38.

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. Rollins had a net margin of 11.99% and a return on equity of 31.43%. The company had revenue of $524.00 million for the quarter, compared to the consensus estimate of $523.88 million. During the same quarter in the previous year, the company earned $0.30 EPS. Rollins’s quarterly revenue was up 9.1% compared to the same quarter last year. As a group, equities research analysts forecast that Rollins, Inc. will post 0.72 earnings per share for the current 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 given a dividend of $0.105 per share. The ex-dividend date of this dividend is Thursday, August 8th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.23%. Rollins’s payout ratio is presently 59.15%.

A number of research analysts have recently issued reports on the stock. ValuEngine upgraded shares of Xylem from a “hold” rating to a “buy” rating in a research report on Tuesday, April 23rd. Stifel Nicolaus boosted their price target on shares of FactSet Research Systems from $230.00 to $242.00 and gave the stock a “hold” rating in a research report on Wednesday, June 26th. Macquarie assumed coverage on shares of Rollins in a research report on Monday, April 29th. They issued a “neutral” rating and a $38.90 price target on the stock. Zacks Investment Research downgraded shares of Goosehead Insurance from a “buy” rating to a “hold” rating in a research report on Monday. Finally, Nomura boosted their price target on shares of Spotify from $188.00 to $190.00 and gave the stock a “buy” rating in a research report on Tuesday, April 30th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. Rollins currently has an average rating of “Hold” and an average price target of $35.87.

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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