Pittenger & Anderson Inc. Has $599,000 Stock Position in Rollins, Inc. (NYSE:ROL)

Pittenger & Anderson Inc. cut its stake in shares of Rollins, Inc. (NYSE:ROL) by 5.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,921 shares of the business services provider’s stock after selling 750 shares during the period. Pittenger & Anderson Inc.’s holdings in Rollins were worth $599,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of ROL. Brooklyn Investment Group acquired a new stake in shares of Rollins in the 3rd quarter valued at approximately $28,000. True Wealth Design LLC raised its position in Rollins by 4,272.2% during the third quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock worth $40,000 after acquiring an additional 769 shares in the last quarter. Versant Capital Management Inc lifted its stake in Rollins by 57.8% in the fourth quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 326 shares during the last quarter. Capital Performance Advisors LLP bought a new position in shares of Rollins in the 3rd quarter valued at about $52,000. Finally, Intact Investment Management Inc. acquired a new position in shares of Rollins during the 3rd quarter worth about $71,000. 51.79% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

ROL has been the subject of several recent analyst reports. Wells Fargo & Company raised their target price on shares of Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Canaccord Genuity Group raised their price objective on Rollins from $48.00 to $49.00 and gave the company a “hold” rating in a research report on Friday. Morgan Stanley boosted their target price on Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a report on Friday. Royal Bank of Canada restated an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research note on Monday, January 6th. Finally, UBS Group lifted their price objective on shares of Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research report on Friday, January 17th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $52.00.

Rollins Stock Performance

Shares of NYSE ROL opened at $50.70 on Tuesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.78 and a quick ratio of 0.72. The firm has a market cap of $24.55 billion, a price-to-earnings ratio of 52.81 and a beta of 0.76. The stock’s fifty day moving average price is $48.13 and its two-hundred day moving average price is $49.04. Rollins, Inc. has a one year low of $40.41 and a one year high of $52.83.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, meeting the consensus estimate of $0.23. Rollins had a net margin of 14.18% and a return on equity of 38.67%. On average, equities analysts forecast that Rollins, Inc. will post 0.99 EPS for the current year.

Rollins Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th will be given a $0.165 dividend. The ex-dividend date is Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.30%. Rollins’s payout ratio is 68.75%.

Rollins Company Profile

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.