Rollins, Inc. (NYSE:ROL) Holdings Trimmed by MetLife Investment Advisors LLC

MetLife Investment Advisors LLC cut its holdings in Rollins, Inc. (NYSE:ROL) by 29.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,117 shares of the business services provider’s stock after selling 17,989 shares during the quarter. MetLife Investment Advisors LLC’s holdings in Rollins were worth $1,520,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. BlackRock Inc. lifted its stake in Rollins by 58.2% during the 4th quarter. BlackRock Inc. now owns 10,373,534 shares of the business services provider’s stock valued at $374,484,000 after acquiring an additional 3,815,622 shares during the period. Oregon Public Employees Retirement Fund increased its position in shares of Rollins by 3,207.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 2,105,677 shares of the business services provider’s stock valued at $58,000 after purchasing an additional 2,042,003 shares during the last quarter. Vanguard Group Inc increased its position in shares of Rollins by 13.6% during the 3rd quarter. Vanguard Group Inc now owns 11,698,763 shares of the business services provider’s stock valued at $709,998,000 after purchasing an additional 1,398,615 shares during the last quarter. Gabelli Funds LLC increased its position in shares of Rollins by 44.1% during the 4th quarter. Gabelli Funds LLC now owns 3,509,750 shares of the business services provider’s stock valued at $126,702,000 after purchasing an additional 1,073,513 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Rollins by 64.5% during the 4th quarter. Geode Capital Management LLC now owns 2,374,960 shares of the business services provider’s stock valued at $85,615,000 after purchasing an additional 931,002 shares during the last quarter. 39.84% of the stock is currently owned by hedge funds and other institutional investors.

ROL has been the subject of several research reports. ValuEngine raised shares of Rollins from a “hold” rating to a “buy” rating in a research report on Tuesday. Zacks Investment Research raised shares of Rollins from a “sell” rating to a “hold” rating and set a $41.00 target price for the company in a report on Saturday, January 5th. Finally, Nomura reissued a “buy” rating and issued a $46.00 target price on shares of Rollins in a report on Monday, January 28th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $39.00.

In other news, insider John F. Wilson sold 30,000 shares of the stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $40.84, for a total transaction of $1,225,200.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 56.90% of the stock is currently owned by corporate insiders.

ROL traded down $4.40 during trading on Wednesday, reaching $39.35. 5,063,770 shares of the company traded hands, compared to its average volume of 1,233,341. Rollins, Inc. has a 12-month low of $32.08 and a 12-month high of $43.91. The firm has a market cap of $14.23 billion, a P/E ratio of 55.42 and a beta of 0.49.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, April 24th. The business services provider reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). The company had revenue of $429.10 million for the quarter, compared to analysts’ expectations of $438.55 million. Rollins had a net margin of 12.72% and a return on equity of 33.03%. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period last year, the business earned $0.22 earnings per share. As a group, equities research analysts expect that Rollins, Inc. will post 0.77 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Friday, May 10th will be given a dividend of $0.105 per share. The ex-dividend date of this dividend is Thursday, May 9th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.07%. Rollins’s dividend payout ratio is currently 59.15%.

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Rollins 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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