CHICAGO TRUST Co NA Buys 336 Shares of Rollins, Inc. (NYSE:ROL)

CHICAGO TRUST Co NA increased its stake in Rollins, Inc. (NYSE:ROL) by 5.3% in the third quarter, Holdings Channel reports. The institutional investor owned 6,681 shares of the business services provider’s stock after acquiring an additional 336 shares during the period. CHICAGO TRUST Co NA’s holdings in Rollins were worth $338,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Quest Partners LLC purchased a new stake in shares of Rollins in the second quarter valued at $33,000. Ridgewood Investments LLC purchased a new stake in Rollins in the 2nd quarter worth about $34,000. Quent Capital LLC lifted its stake in Rollins by 43.9% in the second quarter. Quent Capital LLC now owns 774 shares of the business services provider’s stock worth $38,000 after purchasing an additional 236 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its position in shares of Rollins by 10,233.3% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 930 shares of the business services provider’s stock valued at $45,000 after buying an additional 921 shares during the period. Finally, Blue Trust Inc. grew its stake in shares of Rollins by 114.2% during the second quarter. Blue Trust Inc. now owns 1,604 shares of the business services provider’s stock valued at $74,000 after buying an additional 855 shares during the last quarter. 51.79% of the stock is owned by hedge funds and other institutional investors.

Rollins Trading Up 0.8 %

NYSE ROL opened at $49.66 on Monday. Rollins, Inc. has a one year low of $32.19 and a one year high of $51.96. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.72 and a current ratio of 0.78. The company has a market capitalization of $24.05 billion, a price-to-earnings ratio of 52.83 and a beta of 0.70. The company’s 50-day simple moving average is $49.68 and its two-hundred day simple moving average is $47.91.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, July 24th. The business services provider reported $0.27 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.27. The firm had revenue of $891.90 million during the quarter, compared to analysts’ expectations of $895.02 million. Rollins had a return on equity of 40.10% and a net margin of 14.23%. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.23 EPS. Equities analysts forecast that Rollins, Inc. will post 1 EPS for the current fiscal year.

Rollins Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Monday, August 12th were paid a dividend of $0.15 per share. The ex-dividend date was Monday, August 12th. This represents a $0.60 annualized dividend and a yield of 1.21%. Rollins’s dividend payout ratio (DPR) is 63.83%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on ROL shares. StockNews.com upgraded Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd. Wells Fargo & Company started coverage on shares of Rollins in a research note on Monday, August 12th. They set an “overweight” rating and a $54.00 target price for the company. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research note on Thursday, July 25th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $47.83.

Insider Activity at Rollins

In other news, insider Elizabeth B. Chandler sold 4,686 shares of the company’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $47.82, for a total transaction of $224,084.52. Following the transaction, the insider now owns 95,023 shares in the company, valued at $4,543,999.86. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Rollins news, insider Elizabeth B. Chandler sold 4,686 shares of the firm’s stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $47.82, for a total transaction of $224,084.52. Following the completion of the transaction, the insider now directly owns 95,023 shares of the company’s stock, valued at approximately $4,543,999.86. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Elizabeth B. Chandler sold 4,685 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $50.74, for a total transaction of $237,716.90. Following the transaction, the insider now directly owns 89,338 shares of the company’s stock, valued at approximately $4,533,010.12. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 14,056 shares of company stock valued at $698,347 in the last ninety days. Corporate insiders own 4.69% of the company’s stock.

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.