Duality Advisers LP Sells 95,001 Shares of Rollins, Inc. (NYSE:ROL)

Duality Advisers LP reduced its stake in Rollins, Inc. (NYSE:ROL) by 93.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,913 shares of the business services provider’s stock after selling 95,001 shares during the quarter. Duality Advisers LP’s holdings in Rollins were worth $302,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in ROL. Vanguard Group Inc. lifted its position in Rollins by 18.7% during the 3rd quarter. Vanguard Group Inc. now owns 32,020,007 shares of the business services provider’s stock worth $1,195,307,000 after buying an additional 5,041,371 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its position in Rollins by 40.6% during the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 9,293,419 shares of the business services provider’s stock worth $346,923,000 after buying an additional 2,682,017 shares in the last quarter. Ameriprise Financial Inc. lifted its position in Rollins by 132.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,541,717 shares of the business services provider’s stock worth $57,552,000 after buying an additional 877,240 shares in the last quarter. Invesco Ltd. lifted its position in Rollins by 18.4% during the 3rd quarter. Invesco Ltd. now owns 3,992,323 shares of the business services provider’s stock worth $149,033,000 after buying an additional 620,179 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Rollins by 42.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,960,295 shares of the business services provider’s stock worth $73,178,000 after buying an additional 587,095 shares in the last quarter. 51.79% of the stock is owned by institutional investors.

Rollins Stock Performance

Shares of Rollins stock opened at $44.90 on Friday. The company has a 50 day moving average of $44.54 and a 200-day moving average of $42.11. Rollins, Inc. has a 1-year low of $32.19 and a 1-year high of $47.45. The company has a current ratio of 0.72, a quick ratio of 0.65 and a debt-to-equity ratio of 0.44. The company has a market cap of $21.76 billion, a PE ratio of 50.45, a price-to-earnings-growth ratio of 3.48 and a beta of 0.63.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.20. Rollins had a net margin of 13.94% and a return on equity of 37.73%. The company had revenue of $748.35 million during the quarter, compared to the consensus estimate of $739.12 million. During the same quarter in the prior year, the firm posted $0.18 EPS. The firm’s quarterly revenue was up 13.7% on a year-over-year basis. As a group, equities research analysts forecast that Rollins, Inc. will post 1 earnings per share for the current fiscal year.

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Friday, May 10th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date of this dividend is Thursday, May 9th. Rollins’s dividend payout ratio (DPR) is presently 67.42%.

Insider Transactions at Rollins

In related news, insider Elizabeth B. Chandler sold 10,000 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total value of $410,500.00. Following the completion of the transaction, the insider now owns 99,709 shares of the company’s stock, valued at approximately $4,093,054.45. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, insider Thomas D. Tesh sold 5,147 shares of the stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $46.00, for a total value of $236,762.00. Following the completion of the transaction, the insider now owns 35,387 shares of the company’s stock, valued at approximately $1,627,802. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Elizabeth B. Chandler sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total transaction of $410,500.00. Following the completion of the transaction, 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. In the last 90 days, insiders sold 22,824 shares of company stock valued at $994,558. Company insiders own 4.69% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on ROL shares. StockNews.com cut shares of Rollins from a “buy” rating to a “hold” rating in a research report on Thursday. Royal Bank of Canada restated an “outperform” rating and set a $52.00 price objective on shares of Rollins in a research note on Thursday, February 15th. UBS Group restated a “neutral” rating and set a $49.00 price objective on shares of Rollins in a research note on Monday, April 15th. Morgan Stanley boosted their price objective on shares of Rollins from $42.00 to $43.00 and gave the stock an “equal weight” rating in a research note on Friday. Finally, The Goldman Sachs Group initiated coverage on shares of Rollins in a research note on Tuesday, January 2nd. They set a “buy” rating and a $49.00 price objective on the stock. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $47.00.

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.