Macquarie Group Ltd. trimmed its holdings in Rollins, Inc. (NYSE:ROL – Get Rating) by 15.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,118 shares of the business services provider's stock after selling 4,788 shares during the period. Macquarie Group Ltd.'s holdings in Rollins were worth $941,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Eagle Bay Advisors LLC bought a new position in Rollins in the 2nd quarter valued at $29,000. Federated Hermes Inc. purchased a new stake in Rollins in the 2nd quarter worth $40,000. Ronald Blue Trust Inc. acquired a new stake in shares of Rollins in the second quarter valued at about $43,000. Wipfli Financial Advisors LLC purchased a new position in shares of Rollins during the third quarter worth $44,000. Finally, Healthcare of Ontario Pension Plan Trust Fund boosted its stake in shares of Rollins by 72.8% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,626 shares of the business services provider's stock valued at $57,000 after buying an additional 685 shares during the period. 38.98% of the stock is owned by hedge funds and other institutional investors.

Rollins Stock Performance

NYSE ROL opened at $34.67 on Monday. The stock has a market cap of $17.07 billion, a PE ratio of 46.85 and a beta of 0.65. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.65 and a current ratio of 0.71. Rollins, Inc. has a 52-week low of $31.43 and a 52-week high of $43.06. The firm has a 50-day moving average of $35.99 and a 200-day moving average of $37.13.

Rollins (NYSE:ROL – Get Rating) last announced its quarterly earnings results on Wednesday, February 15th. The business services provider reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.01. The company had revenue of $661.40 million during the quarter, compared to the consensus estimate of $661.44 million. Rollins had a net margin of 13.53% and a return on equity of 30.92%. The company's revenue for the quarter was up 10.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.14 earnings per share. On average, sell-side analysts anticipate that Rollins, Inc. will post 0.8 EPS for the current year.

Rollins Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 10th. Stockholders of record on Friday, February 10th were given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend was Thursday, February 9th. Rollins's payout ratio is presently 70.27%.

Insider Activity at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 2,129 shares of the company's stock in a transaction dated Thursday, January 26th. The shares were sold at an average price of $36.57, for a total value of $77,857.53. Following the completion of the sale, the insider now directly owns 96,960 shares of the company's stock, valued at approximately $3,545,827.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 53.10% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on ROL. Redburn Partners began coverage on Rollins in a report on Wednesday, February 1st. They issued a "buy" rating and a $62.00 target price on the stock. StockNews.com downgraded shares of Rollins from a "buy" rating to a "hold" rating in a research report on Wednesday, February 15th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Rollins currently has an average rating of "Hold" and an average price target of $44.25.

Rollins Profile

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Rollins, Inc engages in the provision of pest and termite control services through its wholly-owned subsidiaries to both residential and commercial customers in the United States, Canada, Central America, South America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, Mexico, and Australia.

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