Rollins (NYSE:ROL) Upgraded at StockNews.com

StockNews.com upgraded shares of Rollins (NYSE:ROL) from a hold rating to a buy rating in a report published on Wednesday.

Other research analysts have also issued reports about the company. Royal Bank of Canada reissued an “outperform” rating and set a $52.00 price target on shares of Rollins in a research report on Monday, January 6th. Barclays initiated coverage on Rollins in a research note on Monday, November 4th. They set an “equal weight” rating and a $50.00 target price on the stock. Canaccord Genuity Group increased their price target on shares of Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research report on Friday, February 14th. UBS Group boosted their price objective on shares of Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research report on Friday, January 17th. Finally, Morgan Stanley increased their target price on shares of Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $52.00.

Rollins Stock Performance

Shares of ROL opened at $51.29 on Wednesday. Rollins has a one year low of $41.30 and a one year high of $52.83. The company has a 50-day moving average of $48.23 and a two-hundred day moving average of $49.08. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62. The stock has a market cap of $24.83 billion, a price-to-earnings ratio of 53.42 and a beta of 0.76.

Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, hitting analysts’ consensus estimates of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. On average, equities research analysts expect that Rollins will post 1.09 earnings per share for the current year.

Rollins Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be paid a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 1.29%. The ex-dividend date is Tuesday, February 25th. Rollins’s payout ratio is presently 68.75%.

Hedge Funds Weigh In On Rollins

Several institutional investors have recently bought and sold shares of ROL. Brooklyn Investment Group acquired a new position in shares of Rollins during the 3rd quarter valued at about $28,000. Murphy & Mullick Capital Management Corp acquired a new position in Rollins during the fourth quarter valued at approximately $29,000. Centricity Wealth Management LLC bought a new position in shares of Rollins in the fourth quarter valued at approximately $31,000. Mizuho Bank Ltd. bought a new position in shares of Rollins in the fourth quarter valued at approximately $37,000. Finally, True Wealth Design LLC lifted its stake in shares of Rollins by 4,272.2% in the third quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock worth $40,000 after buying an additional 769 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors.

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.