1,362,112 Shares of Rollins, Inc. $ROL Purchased by Compass Capital Management Inc.

Key Points

• Compass Capital Management bought 1,362,112 Rollins shares in the third quarter, worth about $41 million. The stake represents approximately 0.28% of Rollins and 2.6% of the fund’s portfolio.
• Institutional investors and hedge funds own 51.79% of Rollins shares. Analysts’ consensus rating is Hold, with an average price target of $40.56.
• Rollins reported quarterly EPS of $0.34, in line with estimates, while revenue rose 6.2% year over year to $1.09 billion—below expectations. The company also raised its quarterly dividend to $0.20 per share from $0.1825.

Compass Capital Management Inc. bought a new position in shares of Rollins, Inc. (NYSE:ROL - Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,362,112 shares of the business services provider's stock, valued at approximately $41,027,000. Rollins accounts for about 2.6% of Compass Capital Management Inc.'s investment portfolio, making the stock its 22nd largest holding. Compass Capital Management Inc. owned approximately 0.28% of Rollins at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of Rollins during the 2nd quarter valued at approximately $1,204,334,000. State Street Corp increased its stake in Rollins by 3.7% during the second quarter. State Street Corp now owns 13,561,228 shares of the business services provider's stock worth $566,046,000 after acquiring an additional 488,046 shares during the last quarter. Pictet Asset Management Holding SA increased its stake in Rollins by 10.7% during the third quarter. Pictet Asset Management Holding SA now owns 3,849,086 shares of the business services provider's stock worth $115,974,000 after acquiring an additional 371,356 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Rollins by 3.4% during the first quarter. Dimensional Fund Advisors LP now owns 2,858,888 shares of the business services provider's stock worth $152,686,000 after acquiring an additional 94,116 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Rollins by 1.3% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,020,508 shares of the business services provider's stock valued at $84,336,000 after purchasing an additional 26,807 shares during the period. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Rollins News Roundup

Here's some of the latest news about ROL:

• Neutral Sentiment: Rollins said management will present at the RBC Capital Markets Global Industrials Conference on November 16. Investors may look for business updates, but the announcement itself contains no new operating or financial information. Rollins to Present at Upcoming Investor Conferences

Analysts Set New Price Targets

Several brokerages have recently commented on ROL. The Goldman Sachs Group set a $42.00 price target on Rollins in a research note on Thursday, October 22nd. UBS Group raised their price objective on Rollins from $36.00 to $37.00 and gave the stock a "neutral" rating in a research report on Friday, October 23rd. JPMorgan Chase & Co. reduced their price objective on shares of Rollins from $40.00 to $35.00 and set a "neutral" rating on the stock in a report on Tuesday, October 13th. Wells Fargo & Company increased their target price on shares of Rollins from $26.00 to $30.00 and gave the stock an "underweight" rating in a research note on Monday, November 9th. Finally, Wall Street Zen cut shares of Rollins from a "hold" rating to a "sell" rating in a research report on Saturday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $40.56.

Rollins Stock Performance

NYSE ROL opened at $38.83 on Friday. The company has a market cap of $18.56 billion, a P/E ratio of 32.97, a P/E/G ratio of 4.29 and a beta of 0.73. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.62 and a quick ratio of 0.58. The stock has a 50-day moving average of $33.88 and a two-hundred day moving average of $45.75. Rollins, Inc. has a 1-year low of $29.28 and a 1-year high of $66.14.

Rollins (NYSE:ROL - Get Free Report) last issued its quarterly earnings results on Wednesday, October 21st. The business services provider reported $0.34 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.34. Rollins had a net margin of 13.19% and a return on equity of 39.43%. The business had revenue of $1.09 billion for the quarter, compared to analysts' expectations of $1.11 billion. During the same quarter in the prior year, the company earned $0.35 earnings per share. The business's quarterly revenue was up 6.2% on a year-over-year basis. As a group, analysts anticipate that Rollins, Inc. will post 1.14 EPS for the current year.

Rollins Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Tuesday, November 10th will be issued a dividend of $0.20 per share. This is a boost from Rollins's previous quarterly dividend of $0.1825. The ex-dividend date is Tuesday, November 10th. This represents a $0.80 dividend on an annualized basis and a yield of 2.1%. Rollins's dividend payout ratio (DPR) is currently 73.39%.

About Rollins

Rollins, Inc. is a global provider of pest and termite control services for residential and commercial customers. Its services include inspections, prevention and treatment for common household and business pests, as well as termite protection, mosquito control and wildlife removal. The company operates through brands including Orkin, HomeTeam Pest Defense and Clark Pest Control. Founded in 1948, Rollins expanded into pest control with its 1964 acquisition of Orkin, which remains one of its best-known brands.

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