Thrivent Financial for Lutherans Raises Position in Rollins, Inc. (NYSE:ROL)

Thrivent Financial for Lutherans raised its holdings in shares of Rollins, Inc. (NYSE:ROL) by 3.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,868 shares of the business services provider’s stock after buying an additional 551 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Rollins were worth $781,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Eastern Bank boosted its position in shares of Rollins by 0.5% during the 4th quarter. Eastern Bank now owns 50,410 shares of the business services provider’s stock valued at $2,337,000 after acquiring an additional 236 shares during the last quarter. Kensington Investment Counsel LLC raised its stake in Rollins by 0.7% in the fourth quarter. Kensington Investment Counsel LLC now owns 38,120 shares of the business services provider’s stock valued at $1,767,000 after purchasing an additional 263 shares in the last quarter. New York Life Investment Management LLC lifted its position in Rollins by 0.7% during the fourth quarter. New York Life Investment Management LLC now owns 37,794 shares of the business services provider’s stock valued at $1,752,000 after purchasing an additional 274 shares during the last quarter. Motley Fool Asset Management LLC grew its stake in Rollins by 3.0% in the 3rd quarter. Motley Fool Asset Management LLC now owns 10,072 shares of the business services provider’s stock worth $509,000 after buying an additional 289 shares in the last quarter. Finally, SRS Capital Advisors Inc. increased its holdings in shares of Rollins by 25.7% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider’s stock worth $66,000 after buying an additional 292 shares during the last quarter. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Rollins Stock Up 0.8 %

ROL opened at $54.77 on Thursday. Rollins, Inc. has a 12 month low of $41.72 and a 12 month high of $54.85. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30. The business’s 50-day moving average price is $51.24 and its 200-day moving average price is $49.65. The company has a market cap of $26.57 billion, a P/E ratio of 57.05 and a beta of 0.78.

Rollins (NYSE:ROL) last announced its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, hitting analysts’ consensus estimates of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. On average, equities analysts expect that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 25th were issued a dividend of $0.165 per share. The ex-dividend date was Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a yield of 1.21%. Rollins’s dividend payout ratio is currently 68.75%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on ROL. StockNews.com downgraded shares of Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, March 12th. Canaccord Genuity Group lifted their price target on Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research note on Friday, February 14th. Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a report on Monday, January 6th. UBS Group raised their price objective on Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a report on Friday, January 17th. Finally, Morgan Stanley upped their target price on Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $52.00.

Insider Buying and Selling at Rollins

In other news, insider Thomas D. Tesh sold 1,921 shares of Rollins stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $51.78, for a total value of $99,469.38. Following the sale, the insider now directly owns 41,173 shares in the company, valued at approximately $2,131,937.94. This trade represents a 4.46 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Elizabeth B. Chandler sold 13,193 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $51.18, for a total value of $675,217.74. Following the transaction, the insider now owns 76,526 shares of the company’s stock, valued at approximately $3,916,600.68. This represents a 14.70 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 18,338 shares of company stock valued at $945,882 in the last quarter. Company insiders own 4.47% of the company’s stock.

About Rollins

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.