Boston Financial Mangement LLC Purchases 8,546 Shares of Rollins, Inc. (NYSE:ROL)

Boston Financial Mangement LLC boosted its holdings in Rollins, Inc. (NYSE:ROL) by 2.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 401,169 shares of the business services provider’s stock after buying an additional 8,546 shares during the period. Boston Financial Mangement LLC’s holdings in Rollins were worth $18,594,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Creative Planning lifted its holdings in shares of Rollins by 27.1% during the third quarter. Creative Planning now owns 23,169 shares of the business services provider’s stock valued at $1,172,000 after purchasing an additional 4,946 shares in the last quarter. Bleakley Financial Group LLC lifted its stake in Rollins by 4.3% during the 3rd quarter. Bleakley Financial Group LLC now owns 8,354 shares of the business services provider’s stock valued at $423,000 after acquiring an additional 341 shares during the period. Blue Trust Inc. boosted its holdings in shares of Rollins by 307.2% during the 3rd quarter. Blue Trust Inc. now owns 6,532 shares of the business services provider’s stock valued at $319,000 after acquiring an additional 4,928 shares during the last quarter. Eastern Bank purchased a new stake in shares of Rollins during the 3rd quarter valued at about $2,538,000. Finally, Bank Pictet & Cie Europe AG grew its stake in shares of Rollins by 3.7% in the third quarter. Bank Pictet & Cie Europe AG now owns 61,950 shares of the business services provider’s stock worth $3,133,000 after acquiring an additional 2,200 shares during the period. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Rollins Price Performance

NYSE ROL opened at $50.79 on Thursday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69. The business’s fifty day moving average is $48.18 and its 200 day moving average is $49.07. The company has a market capitalization of $24.60 billion, a PE ratio of 52.91 and a beta of 0.76. Rollins, Inc. has a fifty-two week low of $40.76 and a fifty-two week high of $52.83.

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

Rollins Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th will be given a $0.165 dividend. The ex-dividend date of this dividend 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 currently 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.