Yousif Capital Management LLC Cuts Stake in Rollins, Inc. (NYSE:ROL)

Yousif Capital Management LLC lessened its stake in shares of Rollins, Inc. (NYSE:ROLFree Report) by 31.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 37,542 shares of the business services provider’s stock after selling 17,228 shares during the period. Yousif Capital Management LLC’s holdings in Rollins were worth $1,639,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Lindbrook Capital LLC raised its holdings in shares of Rollins by 72.4% during the fourth quarter. Lindbrook Capital LLC now owns 619 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 260 shares during the last quarter. Operose Advisors LLC acquired a new position in Rollins in the 3rd quarter valued at $47,000. First Horizon Advisors Inc. lifted its holdings in Rollins by 224.5% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,603 shares of the business services provider’s stock valued at $60,000 after purchasing an additional 1,109 shares in the last quarter. Blue Trust Inc. boosted its stake in Rollins by 65.9% during the 4th quarter. Blue Trust Inc. now owns 1,453 shares of the business services provider’s stock worth $63,000 after purchasing an additional 577 shares during the last quarter. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new stake in shares of Rollins during the third quarter worth $75,000. 51.79% of the stock is owned by hedge funds and other institutional investors.

Rollins Stock Up 0.1 %

ROL stock opened at $44.74 on Friday. Rollins, Inc. has a one year low of $32.19 and a one year high of $47.45. The firm has a market cap of $21.66 billion, a PE ratio of 50.27, a PEG ratio of 3.42 and a beta of 0.65. The firm’s 50 day moving average price is $44.81 and its 200-day moving average price is $42.35. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.66 and a current ratio of 0.72.

Rollins (NYSE:ROLGet Free Report) last posted its earnings results on Wednesday, April 24th. The business services provider reported $0.20 EPS for the quarter, meeting analysts’ consensus estimates of $0.20. The company had revenue of $748.35 million for the quarter, compared to the consensus estimate of $739.12 million. Rollins had a return on equity of 37.73% and a net margin of 13.94%. The company’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.18 earnings per share. On average, equities research analysts anticipate that Rollins, Inc. will post 1 EPS for the current year.

Rollins Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Friday, May 10th will be given a $0.15 dividend. The ex-dividend date is Thursday, May 9th. This represents a $0.60 dividend on an annualized basis and a yield of 1.34%. Rollins’s payout ratio is currently 67.42%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ROL. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research note on Thursday, February 15th. StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a research note on Thursday, April 25th. Morgan Stanley upped their price target on Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a research report on Friday, April 26th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $49.00 price target on shares of Rollins in a report on Monday, April 15th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Rollins presently has an average rating of “Moderate Buy” and an average price target of $47.00.

Read Our Latest Research Report on ROL

Insiders Place Their Bets

In other news, 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 value 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 is accessible through this hyperlink. 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 value of $410,500.00. Following the sale, the insider now owns 99,709 shares in the company, valued at approximately $4,093,054.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Kenneth D. Krause sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $46.18, for a total value of $230,900.00. Following the transaction, the chief financial officer now owns 99,078 shares of the company’s stock, valued at $4,575,422.04. The disclosure for this sale can be found here. Insiders sold a total of 27,824 shares of company stock valued at $1,219,558 over the last 90 days. 4.69% of the stock is owned by company insiders.

About Rollins

(Free Report)

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.

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Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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