American Century Companies Inc. Sells 7,504 Shares of Rollins, Inc. (NYSE:ROL)

American Century Companies Inc. trimmed its stake in Rollins, Inc. (NYSE:ROL) by 8.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,131 shares of the business services provider’s stock after selling 7,504 shares during the period. American Century Companies Inc.’s holdings in Rollins were worth $3,621,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of ROL. Centricity Wealth Management LLC purchased a new stake in Rollins in the fourth quarter worth about $31,000. Versant Capital Management Inc grew its stake in shares of Rollins by 57.8% during the 4th quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 326 shares during the period. Atala Financial Inc purchased a new stake in Rollins in the 4th quarter worth approximately $47,000. SRS Capital Advisors Inc. raised its stake in Rollins by 25.7% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider’s stock worth $66,000 after acquiring an additional 292 shares during the period. Finally, Anchor Investment Management LLC lifted its holdings in Rollins by 724.3% during the third quarter. Anchor Investment Management LLC now owns 1,797 shares of the business services provider’s stock valued at $91,000 after purchasing an additional 1,579 shares in the last quarter. 51.79% of the stock is owned by institutional investors.

Insider Buying and Selling at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 13,193 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $51.18, for a total transaction of $675,217.74. Following the sale, the insider now directly owns 76,526 shares in the company, valued at $3,916,600.68. This represents a 14.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Traci Hornfeck sold 3,224 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total value of $171,194.40. Following the completion of the sale, the insider now directly owns 9,602 shares of the company’s stock, valued at $509,866.20. The trade was a 25.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 18,338 shares of company stock worth $945,882 over the last 90 days. 4.47% of the stock is owned by insiders.

Analyst Ratings Changes

ROL has been the subject of a number of analyst reports. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research note on Monday, January 6th. Canaccord Genuity Group increased 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. Wells Fargo & Company boosted their price objective on Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research report on Monday, December 16th. UBS Group increased their target price on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research report on Friday, January 17th. Finally, StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, March 12th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $52.83.

Rollins Trading Down 6.7 %

Shares of ROL stock opened at $52.15 on Monday. 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 stock has a market capitalization of $25.29 billion, a price-to-earnings ratio of 54.32 and a beta of 0.80. Rollins, Inc. has a 12-month low of $41.72 and a 12-month high of $56.26. The stock’s 50-day moving average price is $51.46 and its 200-day moving average price is $49.69.

Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 earnings per share (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%. Equities research analysts predict that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th were given a dividend of $0.165 per share. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $0.66 annualized dividend and a yield of 1.27%. Rollins’s dividend payout ratio (DPR) is currently 68.75%.

Rollins Company 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.