Rollins, Inc. (NYSE:ROL) Shares Sold by Cerity Partners LLC

Cerity Partners LLC cut its position in shares of Rollins, Inc. (NYSE:ROL) by 4.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 31,818 shares of the business services provider’s stock after selling 1,492 shares during the quarter. Cerity Partners LLC’s holdings in Rollins were worth $1,537,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Murphy & Mullick Capital Management Corp acquired a new stake in Rollins in the 4th quarter valued at about $29,000. Centricity Wealth Management LLC bought a new position in shares of Rollins in the fourth quarter valued at $31,000. Mizuho Bank Ltd. bought a new position in shares of Rollins in the fourth quarter valued at $37,000. Versant Capital Management Inc lifted its position 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 last quarter. Finally, Atala Financial Inc bought a new stake in shares of Rollins during the 4th quarter worth $47,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Stock Performance

Shares of ROL opened at $55.80 on Friday. The company has a market capitalization of $27.07 billion, a PE ratio of 58.13 and a beta of 0.80. The company’s fifty day moving average price is $52.36 and its 200 day moving average price is $49.95. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62. Rollins, Inc. has a one year low of $41.72 and a one year high of $56.26.

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

Rollins Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th were paid 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 1.18%. Rollins’s dividend payout ratio is currently 68.75%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on ROL shares. Morgan Stanley boosted their target price on Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Barclays lifted their price objective on Rollins from $50.00 to $55.00 and gave the company an “equal weight” rating in a research report on Friday, April 4th. UBS Group boosted their target price on shares of Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research report on Friday, January 17th. Canaccord Genuity Group lifted their price objective on shares of Rollins from $48.00 to $49.00 and gave the company a “hold” rating in a research note on Friday, February 14th. Finally, Royal Bank of Canada increased their target price on shares of Rollins from $52.00 to $62.00 and gave the stock an “outperform” rating in a research report on Thursday. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Rollins presently has a consensus rating of “Hold” and a consensus price target of $54.50.

Insider Buying and Selling at Rollins

In other news, insider Elizabeth B. Chandler sold 13,193 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $51.18, for a total value of $675,217.74. Following the completion of the transaction, the insider now directly 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 sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Traci Hornfeck sold 3,224 shares of the business’s stock in a transaction 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 in the company, valued at approximately $509,866.20. This represents a 25.14 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 20,259 shares of company stock valued at $1,047,330 in the last 90 days. 4.47% of the stock is currently owned by company insiders.

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.