Qsemble Capital Management LP Invests $994,000 in Rollins, Inc. (NYSE:ROL)

Qsemble Capital Management LP bought a new position in Rollins, Inc. (NYSE:ROL - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 22,758 shares of the business services provider's stock, valued at approximately $994,000.

Several other hedge funds also recently made changes to their positions in ROL. Vanguard Group Inc. grew its position in shares of Rollins by 18.7% in the 3rd quarter. Vanguard Group Inc. now owns 32,020,007 shares of the business services provider's stock worth $1,195,307,000 after acquiring an additional 5,041,371 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its position in shares of Rollins by 40.6% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 9,293,419 shares of the business services provider's stock worth $346,923,000 after acquiring an additional 2,682,017 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Rollins by 132.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,541,717 shares of the business services provider's stock worth $57,552,000 after purchasing an additional 877,240 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Rollins by 18.4% in the 3rd quarter. Invesco Ltd. now owns 3,992,323 shares of the business services provider's stock worth $149,033,000 after purchasing an additional 620,179 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Rollins by 42.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,960,295 shares of the business services provider's stock worth $73,178,000 after purchasing an additional 587,095 shares during the last quarter. Institutional investors and hedge funds own 51.79% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on ROL shares. Morgan Stanley raised their price target on Rollins from $42.00 to $43.00 and gave the stock an "equal weight" rating in a report on Friday, April 26th. StockNews.com lowered Rollins from a "buy" rating to a "hold" rating in a report on Thursday, April 25th. UBS Group reaffirmed a "neutral" rating and set a $49.00 target price on shares of Rollins in a research note on Monday, April 15th. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $52.00 price target on shares of Rollins in a research note on Thursday, February 15th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $47.00.

Rollins Price Performance

Shares of ROL stock traded down $0.38 during midday trading on Friday, reaching $46.63. 1,377,637 shares of the company were exchanged, compared to its average volume of 2,064,300. Rollins, Inc. has a 12 month low of $32.19 and a 12 month high of $47.69. The company has a market cap of $22.58 billion, a P/E ratio of 52.39, a PEG ratio of 3.60 and a beta of 0.65. The company's 50 day moving average price is $45.23 and its two-hundred day moving average price is $42.92. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.66 and a current ratio of 0.72.

Rollins (NYSE:ROL - Get Free Report) last released its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.20 EPS for the quarter, hitting analysts' consensus estimates of $0.20. Rollins had a net margin of 13.94% and a return on equity of 37.73%. The company had revenue of $748.35 million for the quarter, compared to the consensus estimate of $739.12 million. During the same period in the previous year, the firm earned $0.18 EPS. Rollins's revenue was up 13.7% on a year-over-year basis. On average, sell-side analysts expect that Rollins, Inc. will post 1 earnings per share for the current year.

Rollins Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Friday, May 10th will be issued a $0.15 dividend. The ex-dividend date is Thursday, May 9th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.29%. Rollins's payout ratio is currently 67.42%.

Insider Buying and Selling

In related news, CFO Kenneth D. Krause sold 5,000 shares of the business's stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $45.00, for a total value of $225,000.00. Following the sale, the chief financial officer now directly owns 94,078 shares in the company, valued at approximately $4,233,510. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CFO Kenneth D. Krause sold 5,000 shares of the business's stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $45.00, for a total value of $225,000.00. Following the sale, the chief financial officer now directly owns 94,078 shares in the company, valued at approximately $4,233,510. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Thomas D. Tesh sold 5,147 shares of the business's stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $46.00, for a total transaction of $236,762.00. Following the completion of the sale, the insider now owns 35,387 shares in the company, valued at $1,627,802. The disclosure for this sale can be found here. Insiders have sold 27,824 shares of company stock worth $1,219,558 in the last ninety days. 4.69% of the stock is currently owned by corporate insiders.

About Rollins

Rollins, Inc, through its subsidiaries, provides pest and wildlife control services to residential and commercial customers in the United States and internationally. The company offers pest control services to residential properties protecting from common pests, including rodents, insects, and wildlife.

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