Valicenti Advisory Services Inc. Has $1.83 Million Stake in Rollins, Inc. (NYSE:ROL)

Valicenti Advisory Services Inc. lowered its stake in shares of Rollins, Inc. (NYSE:ROL) by 3.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,490 shares of the business services provider’s stock after selling 1,215 shares during the quarter. Valicenti Advisory Services Inc.’s holdings in Rollins were worth $1,830,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. B.O.S.S. Retirement Advisors LLC grew its stake in Rollins by 4.9% during the third quarter. B.O.S.S. Retirement Advisors LLC now owns 4,543 shares of the business services provider’s stock worth $230,000 after buying an additional 212 shares in the last quarter. 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 worth $2,337,000 after acquiring an additional 236 shares in the last quarter. Mather Group LLC. increased its stake in Rollins by 8.8% in the third quarter. Mather Group LLC. now owns 3,027 shares of the business services provider’s stock valued at $153,000 after acquiring an additional 246 shares during the last quarter. Raymond James Trust N.A. raised its position in Rollins by 1.9% during the third quarter. Raymond James Trust N.A. now owns 13,283 shares of the business services provider’s stock valued at $672,000 after purchasing an additional 252 shares in the last quarter. Finally, Motley Fool Asset Management LLC lifted its stake in Rollins by 3.0% during the third quarter. Motley Fool Asset Management LLC now owns 10,072 shares of the business services provider’s stock worth $509,000 after purchasing an additional 289 shares during the last quarter. Institutional investors own 51.79% of the company’s stock.

Insider Transactions at Rollins

In other news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $49.88, for a total value of $735,730.00. Following the completion of the sale, the insider now owns 124,214 shares of the company’s stock, valued at approximately $6,195,794.32. This represents a 10.61 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 4.69% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Canaccord Genuity Group began coverage on Rollins in a research note on Tuesday, January 7th. They issued a “hold” rating and a $48.00 price target on the stock. UBS Group boosted their target price on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research note on Friday, January 17th. Barclays assumed coverage on shares of Rollins in a research note on Monday, November 4th. They issued an “equal weight” rating and a $50.00 price target on the stock. Wells Fargo & Company upped their price objective on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. Finally, 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. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Rollins currently has a consensus rating of “Hold” and a consensus target price of $51.50.

Rollins Stock Performance

Rollins stock opened at $49.29 on Wednesday. The business has a 50 day moving average of $48.15 and a 200-day moving average of $48.90. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.78 and a quick ratio of 0.72. Rollins, Inc. has a 1 year low of $40.41 and a 1 year high of $52.16. The company has a market capitalization of $23.87 billion, a P/E ratio of 51.38 and a beta of 0.75.

Rollins Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th will be paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 1.34%. The ex-dividend date is Tuesday, February 25th. Rollins’s payout ratio 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.