Rollins, Inc. (NYSE:ROL) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors trimmed its holdings in Rollins, Inc. (NYSE:ROL) by 42.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,401 shares of the business services provider’s stock after selling 10,678 shares during the quarter. Captrust Financial Advisors’ holdings in Rollins were worth $667,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of ROL. Barclays PLC increased its holdings in shares of Rollins by 34.8% in the 3rd quarter. Barclays PLC now owns 721,467 shares of the business services provider’s stock valued at $36,491,000 after acquiring an additional 186,452 shares during the period. Assenagon Asset Management S.A. grew its position in Rollins by 136.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 265,945 shares of the business services provider’s stock valued at $12,327,000 after buying an additional 153,437 shares during the last quarter. Park Avenue Securities LLC grew its position in Rollins by 25.6% in the 4th quarter. Park Avenue Securities LLC now owns 19,410 shares of the business services provider’s stock valued at $900,000 after buying an additional 3,956 shares during the last quarter. Gateway Investment Advisers LLC grew its position in Rollins by 67.6% in the 4th quarter. Gateway Investment Advisers LLC now owns 11,844 shares of the business services provider’s stock valued at $549,000 after buying an additional 4,778 shares during the last quarter. Finally, Empirical Asset Management LLC purchased a new position in Rollins in the 4th quarter valued at $418,000. 51.79% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Elizabeth B. Chandler sold 13,193 shares of the business’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $51.18, for a total value of $675,217.74. Following the sale, the insider now directly owns 76,526 shares in the company, valued at $3,916,600.68. The trade was a 14.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Traci Hornfeck sold 3,224 shares of the business’s stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total transaction of $171,194.40. Following the completion of the sale, the insider now owns 9,602 shares in the company, valued at $509,866.20. This represents a 25.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 22,180 shares of company stock worth $1,155,943 in the last three months. Corporate insiders own 4.47% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group set a $61.00 price objective on shares of Rollins and gave the company a “buy” rating in a research report on Thursday, April 24th. Morgan Stanley lifted their price objective on shares of Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Canaccord Genuity Group lifted their price objective on shares of Rollins from $49.00 to $50.00 and gave the company a “hold” rating in a research report on Friday, April 25th. StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research report on Thursday, April 17th. Finally, Barclays boosted their target price on shares of Rollins from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Friday, April 4th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $55.57.

Rollins Price Performance

Shares of NYSE ROL opened at $57.04 on Friday. The firm has a market capitalization of $27.64 billion, a P/E ratio of 59.42 and a beta of 0.79. Rollins, Inc. has a one year low of $45.00 and a one year high of $57.43. The company’s fifty day moving average is $54.29 and its two-hundred day moving average is $50.98. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, April 23rd. The business services provider reported $0.22 EPS for the quarter, hitting the consensus estimate of $0.22. The company had revenue of $822.50 million for the quarter, compared to analyst estimates of $817.09 million. Rollins had a net margin of 13.76% and a return on equity of 37.94%. The business’s revenue was up 9.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.20 EPS. Analysts forecast 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 will be paid on Tuesday, June 10th. Investors of record on Monday, May 12th will be given a $0.165 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.66 annualized dividend and a dividend yield of 1.16%. Rollins’s dividend payout ratio is presently 66.67%.

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.