Danske Bank A S Has $12.49 Million Stake in Rollins, Inc. $ROL

Key Points

• Danske Bank A/S increased its stake in Rollins by 24.3% in Q4, owning 208,120 shares after buying an additional 40,655 shares, a position valued at about $12.49 million.
• Sell-side analysts give Rollins a consensus rating of "Moderate Buy" with an average price target of $65.27 (1 Strong Buy, 11 Buy, 5 Hold).
• Rollins reported quarterly EPS of $0.24 in line with estimates and revenue of $906.42 million (up 10.2% year-over-year), and announced a quarterly dividend of $0.1825 ($0.73 annualized, ~1.3% yield).

Danske Bank A S raised its position in Rollins, Inc. (NYSE:ROL - Free Report) by 24.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 208,120 shares of the business services provider's stock after purchasing an additional 40,655 shares during the period. Danske Bank A S's holdings in Rollins were worth $12,491,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Board of the Pension Protection Fund acquired a new position in shares of Rollins in the 4th quarter worth approximately $30,000. Root Financial Partners LLC acquired a new position in shares of Rollins in the 3rd quarter worth approximately $31,000. Torren Management LLC acquired a new position in shares of Rollins in the 4th quarter worth approximately $36,000. First Horizon Corp acquired a new position in shares of Rollins in the 3rd quarter worth approximately $47,000. Finally, MUFG Securities EMEA plc acquired a new position in shares of Rollins in the 2nd quarter worth approximately $47,000. Institutional investors and hedge funds own 51.79% of the company's stock.

Wall Street Analyst Weigh In

ROL has been the topic of a number of recent analyst reports. Wells Fargo & Company set a $56.00 price target on shares of Rollins and gave the stock an "equal weight" rating in a research report on Thursday, February 12th. The Goldman Sachs Group restated a "buy" rating and issued a $67.00 price target on shares of Rollins in a research report on Thursday, April 23rd. Royal Bank Of Canada set a $67.00 target price on shares of Rollins and gave the company an "outperform" rating in a research report on Thursday, February 12th. UBS Group boosted their target price on shares of Rollins from $58.00 to $61.00 and gave the company a "neutral" rating in a research report on Friday, April 24th. Finally, Canaccord Genuity Group set a $51.00 target price on shares of Rollins and gave the company a "hold" rating in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Rollins presently has an average rating of "Moderate Buy" and an average target price of $65.27.

Rollins Stock Up 0.1%

Rollins stock opened at $54.84 on Monday. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 0.35. Rollins, Inc. has a 12-month low of $52.32 and a 12-month high of $66.14. The firm's fifty day moving average is $55.81 and its 200 day moving average is $58.63. The company has a market capitalization of $26.40 billion, a PE ratio of 50.31, a PEG ratio of 3.37 and a beta of 0.79.

Rollins (NYSE:ROL - Get Free Report) last released its earnings results on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.24. Rollins had a net margin of 13.77% and a return on equity of 38.37%. The company had revenue of $906.42 million for the quarter, compared to the consensus estimate of $895.17 million. During the same quarter in the previous year, the company earned $0.22 EPS. Rollins's quarterly revenue was up 10.2% compared to the same quarter last year. As a group, sell-side analysts predict that Rollins, Inc. will post 1.24 EPS for the current fiscal year.

Rollins Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Monday, May 11th will be given a dividend of $0.1825 per share. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Monday, May 11th. Rollins's payout ratio is presently 66.97%.

Insider Buying and Selling

In other Rollins news, insider Elizabeth B. Chandler sold 14,201 shares of the business's stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $59.36, for a total transaction of $842,971.36. Following the completion of the sale, the insider owned 55,977 shares in the company, valued at approximately $3,322,794.72. The trade was a 20.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 5.77% of the company's stock.

Rollins Profile

Rollins, Inc NYSE: ROL is a provider of pest and termite control services operating through a network of subsidiaries and franchises. Headquartered in Atlanta, Georgia, the company offers a broad range of pest management solutions for both residential and commercial customers, positioning itself as a specialist in protecting property and public health from pests and vectors.

Its service offerings include general pest control, termite inspection and treatment, bed bug remediation, mosquito and vector control, wildlife exclusion, and related specialty services.

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