Rollins, Inc. (NYSE:ROL) – KeyCorp raised their Q1 2017 earnings per share estimates for Rollins in a report released on Wednesday. KeyCorp analyst J. Box now expects that the firm will post earnings of $0.17 per share for the quarter, up from their prior estimate of $0.16. KeyCorp also issued estimates for Rollins’ Q2 2017 earnings at $0.25 EPS, FY2017 earnings at $0.86 EPS, Q1 2018 earnings at $0.19 EPS, Q2 2018 earnings at $0.27 EPS, Q3 2018 earnings at $0.27 EPS, Q4 2018 earnings at $0.21 EPS and FY2018 earnings at $0.94 EPS.
Other equities research analysts have also issued research reports about the stock. Instinet boosted their price target on shares of Rollins to $38.00 in a report on Friday. Zacks Investment Research upgraded shares of Rollins from a “hold” rating to a “buy” rating and set a $34.00 price target on the stock in a report on Saturday, October 29th.
Rollins (NYSE:ROL) traded down 0.803% during trading on Friday, reaching $35.215. 201,334 shares of the company’s stock were exchanged. The stock has a market capitalization of $7.67 billion, a price-to-earnings ratio of 45.913 and a beta of 0.20. Rollins has a 52 week low of $24.51 and a 52 week high of $35.66. The company’s 50 day moving average price is $33.61 and its 200-day moving average price is $30.41.
A number of hedge funds and other institutional investors have recently made changes to their positions in ROL. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Rollins by 12.8% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,412 shares of the company’s stock worth $100,000 after buying an additional 388 shares during the last quarter. Fuller & Thaler Asset Management Inc. increased its position in shares of Rollins by 67.5% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 3,475 shares of the company’s stock worth $102,000 after buying an additional 1,400 shares during the last quarter. Advisor Group Inc. increased its position in shares of Rollins by 16.8% in the third quarter. Advisor Group Inc. now owns 3,523 shares of the company’s stock worth $102,000 after buying an additional 506 shares during the last quarter. LS Investment Advisors LLC increased its position in shares of Rollins by 73.5% in the second quarter. LS Investment Advisors LLC now owns 5,776 shares of the company’s stock worth $169,000 after buying an additional 2,446 shares during the last quarter. Finally, Franklin Resources Inc. bought a new position in shares of Rollins during the second quarter worth approximately $205,000. 37.54% of the stock is currently owned by hedge funds and other institutional investors.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 10th. Investors of record on Friday, February 10th will be given a dividend of $0.115 per share. The ex-dividend date of this dividend is Wednesday, February 8th. This is an increase from Rollins’s previous quarterly dividend of $0.10. This represents a $0.46 dividend on an annualized basis and a yield of 1.30%. Rollins’s payout ratio is presently 51.95%.
Rollins Company Profile
Rollins, Inc is a service company, which provides pest and termite control services. The Company operates in pest and termite control business segment. The Company, through its subsidiaries, provides its services to both residential and commercial customers in North America and Australia with international franchises in Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, and Mexico.