Jefferies Financial Group Inc. Buys Shares of 319,013 Rollins, Inc. $ROL

Jefferies Financial Group Inc. purchased a new position in Rollins, Inc. (NYSE:ROL - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 319,013 shares of the business services provider's stock, valued at approximately $13,316,000. Jefferies Financial Group Inc. owned 0.07% of Rollins as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. DV Equities LLC bought a new position in Rollins during the fourth quarter worth $25,000. Cornerstone Planning Group LLC boosted its position in Rollins by 528.4% during the fourth quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider's stock valued at $26,000 after acquiring an additional 354 shares during the last quarter. Torren Management LLC bought a new stake in Rollins during the fourth quarter valued at $36,000. Fideuram Asset Management Ireland dac acquired a new stake in Rollins during the 4th quarter worth about $43,000. Finally, Quarry LP grew its holdings in Rollins by 155.2% during the 4th quarter. Quarry LP now owns 740 shares of the business services provider's stock worth $44,000 after acquiring an additional 450 shares during the period. 51.79% of the stock is owned by institutional investors.

Rollins Trading Down 2.1%

ROL opened at $35.92 on Friday. Rollins, Inc. has a 1-year low of $35.81 and a 1-year high of $66.14. The company has a current ratio of 0.63, a quick ratio of 0.58 and a debt-to-equity ratio of 0.34. The company has a market cap of $17.29 billion, a P/E ratio of 32.66, a price-to-earnings-growth ratio of 4.02 and a beta of 0.75. The company has a fifty day moving average price of $40.50 and a two-hundred day moving average price of $49.45.

Rollins (NYSE:ROL - Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $0.32 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by ($0.02). The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.09 billion. Rollins had a return on equity of 38.81% and a net margin of 13.55%.Rollins's revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period last year, the company earned $0.30 EPS. Analysts predict that Rollins, Inc. will post 1.18 EPS for the current fiscal year.

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be issued a dividend of $0.1825 per share. The ex-dividend date is Monday, August 10th. This represents a $0.73 annualized dividend and a dividend yield of 2.0%. Rollins's payout ratio is currently 66.36%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Bank of America reissued a "neutral" rating and issued a $35.00 price objective (down from $55.00) on shares of Rollins in a research note on Thursday, July 23rd. UBS Group reaffirmed a "neutral" rating and set a $43.00 target price (down from $50.00) on shares of Rollins in a research note on Friday, July 24th. Citigroup started coverage on Rollins in a report on Wednesday, July 15th. They issued a "neutral" rating and a $46.00 target price for the company. Argus lowered Rollins from a "buy" rating to a "hold" rating in a research note on Wednesday, August 5th. Finally, Weiss Ratings cut Rollins from a "hold (c)" rating to a "hold (c-)" rating in a report on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $48.71.

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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