Janney Montgomery Scott LLC Buys 9,603 Shares of Rollins, Inc. (NYSE:ROL)

Janney Montgomery Scott LLC grew its position in Rollins, Inc. (NYSE:ROLFree Report) by 4.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 223,610 shares of the business services provider’s stock after buying an additional 9,603 shares during the period. Janney Montgomery Scott LLC’s holdings in Rollins were worth $9,765,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in ROL. Lindbrook Capital LLC raised its holdings in Rollins by 72.4% during the 4th quarter. Lindbrook Capital LLC now owns 619 shares of the business services provider’s stock worth $27,000 after purchasing an additional 260 shares during the last quarter. Spire Wealth Management raised its stake in shares of Rollins by 139.7% during the fourth quarter. Spire Wealth Management now owns 755 shares of the business services provider’s stock worth $33,000 after buying an additional 440 shares during the last quarter. Principal Securities Inc. acquired a new position in Rollins in the fourth quarter valued at approximately $36,000. Operose Advisors LLC bought a new position in Rollins in the third quarter valued at approximately $47,000. Finally, Blue Trust Inc. raised its position in shares of Rollins by 65.9% during the 4th quarter. Blue Trust Inc. now owns 1,453 shares of the business services provider’s stock valued at $63,000 after acquiring an additional 577 shares during the last quarter. Institutional investors own 51.79% of the company’s stock.

Insider Activity

In related news, insider Elizabeth B. Chandler sold 10,000 shares of the stock in a transaction dated Wednesday, February 21st. The stock was 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 directly owns 99,709 shares in the company, valued at $4,093,054.45. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $45.00, for a total transaction of $225,000.00. Following the completion of the transaction, the chief financial officer now directly owns 94,078 shares in the company, valued at approximately $4,233,510. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Elizabeth B. Chandler sold 10,000 shares of the firm’s stock in a transaction dated 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 disclosure for this sale can be found here. Insiders have sold a total of 27,824 shares of company stock worth $1,219,558 over the last three months. Corporate insiders own 4.69% of the company’s stock.

Rollins Price Performance

Shares of ROL opened at $46.13 on Friday. The stock has a 50 day simple moving average of $45.41 and a 200 day simple moving average of $43.25. Rollins, Inc. has a 52-week low of $32.19 and a 52-week high of $47.69. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.66 and a current ratio of 0.72. The firm has a market capitalization of $22.34 billion, a PE ratio of 51.83, a P/E/G ratio of 3.53 and a beta of 0.65.

Rollins (NYSE:ROLGet Free Report) last released its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share for the quarter, meeting the consensus estimate 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 analysts’ expectations of $739.12 million. During the same quarter in the prior year, the company earned $0.18 earnings per share. The business’s quarterly revenue was up 13.7% compared to the same quarter last year. Sell-side analysts predict that Rollins, Inc. will post 1 EPS for the current fiscal year.

Rollins Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Friday, May 10th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.30%. The ex-dividend date of this dividend is Thursday, May 9th. Rollins’s dividend payout ratio is 67.42%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on ROL shares. StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a research note on Thursday, April 25th. UBS Group restated a “neutral” rating and set a $49.00 target price on shares of Rollins in a research report on Monday, April 15th. Morgan Stanley increased their price target on shares of Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a research report on Friday, April 26th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research note on Thursday, February 15th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $47.00.

Check Out Our Latest Report on ROL

Rollins Company Profile

(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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