Wealth Alliance Purchases 522 Shares of Rollins, Inc. (NYSE:ROL)

Wealth Alliance raised its position in shares of Rollins, Inc. (NYSE:ROL) by 7.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,642 shares of the business services provider’s stock after purchasing an additional 522 shares during the quarter. Wealth Alliance’s holdings in Rollins were worth $334,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Eagle Bay Advisors LLC bought a new position in shares of Rollins in the 2nd quarter valued at about $29,000. KB Financial Partners LLC bought a new stake in shares of Rollins during the first quarter worth $32,000. Fred Alger Management LLC purchased a new stake in shares of Rollins during the third quarter valued at $41,000. Operose Advisors LLC purchased a new position in Rollins in the 3rd quarter worth about $47,000. Finally, Cornerstone Planning Group LLC bought a new stake in Rollins during the 2nd quarter valued at about $47,000. Institutional investors own 51.79% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on ROL shares. The Goldman Sachs Group started coverage on shares of Rollins in a research note on Tuesday, January 2nd. They set a “buy” rating and a $49.00 price target for 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 Thursday, February 15th. UBS Group restated a “neutral” rating and issued a $49.00 price objective on shares of Rollins in a report on Monday. StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a report on Wednesday. Finally, Morgan Stanley started coverage on shares of Rollins in a research report on Thursday, December 21st. They set an “equal weight” rating and a $42.00 target price on the stock. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $46.83.

Rollins Price Performance

Shares of ROL stock opened at $42.44 on Friday. The stock’s 50-day moving average is $44.50 and its 200 day moving average is $41.82. Rollins, Inc. has a 1-year low of $32.19 and a 1-year high of $47.45. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.71 and a quick ratio of 0.65. The company has a market cap of $20.56 billion, a P/E ratio of 48.23, a PEG ratio of 3.40 and a beta of 0.63.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, February 14th. The business services provider reported $0.21 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.21. The business had revenue of $754.10 million for the quarter, compared to analysts’ expectations of $753.40 million. Rollins had a net margin of 14.15% and a return on equity of 35.97%. The company’s revenue was up 14.0% compared to the same quarter last year. During the same period last year, the business earned $0.17 EPS. Research analysts predict that Rollins, Inc. will post 0.99 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Wednesday, February 21st were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.41%. The ex-dividend date of this dividend was Tuesday, February 20th. Rollins’s dividend payout ratio is currently 68.18%.

Insider Transactions at Rollins

In related news, insider Elizabeth B. Chandler sold 10,000 shares of the business’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total transaction of $410,500.00. Following the transaction, the insider now directly owns 99,709 shares in the company, valued at approximately $4,093,054.45. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In other Rollins news, insider Traci Hornfeck sold 2,677 shares of the company’s stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $43.48, for a total transaction of $116,395.96. Following the transaction, the insider now owns 14,376 shares in the company, valued at approximately $625,068.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Elizabeth B. Chandler sold 10,000 shares of Rollins stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total transaction of $410,500.00. Following the sale, the insider now owns 99,709 shares of the company’s stock, valued at $4,093,054.45. The disclosure for this sale can be found here. Over the last three months, insiders have sold 22,824 shares of company stock valued at $994,558. Corporate insiders own 4.69% of the company’s stock.

Rollins 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.