US Bancorp DE Boosts Stock Position in Rollins, Inc. (NYSE:ROL)

US Bancorp DE boosted its position in Rollins, Inc. (NYSE:ROL) by 0.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 288,719 shares of the business services provider’s stock after purchasing an additional 493 shares during the quarter. US Bancorp DE owned approximately 0.06% of Rollins worth $13,382,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. QRG Capital Management Inc. raised its holdings in Rollins by 37.8% in the fourth quarter. QRG Capital Management Inc. now owns 7,944 shares of the business services provider’s stock worth $368,000 after purchasing an additional 2,179 shares in the last quarter. Proficio Capital Partners LLC bought a new position in Rollins in the fourth quarter worth about $4,943,000. Mn Services Vermogensbeheer B.V. increased its holdings in shares of Rollins by 2.7% during the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 114,200 shares of the business services provider’s stock valued at $5,293,000 after acquiring an additional 3,000 shares in the last quarter. New York Life Investment Management LLC increased its holdings in shares of Rollins by 0.7% during the fourth quarter. New York Life Investment Management LLC now owns 37,794 shares of the business services provider’s stock valued at $1,752,000 after acquiring an additional 274 shares in the last quarter. Finally, NewEdge Wealth LLC increased its holdings in shares of Rollins by 3.7% during the fourth quarter. NewEdge Wealth LLC now owns 97,613 shares of the business services provider’s stock valued at $4,524,000 after acquiring an additional 3,519 shares in the last quarter. 51.79% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

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 transaction of $675,217.74. Following the transaction, the insider now owns 76,526 shares in the company, valued at $3,916,600.68. This trade represents a 14.70 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 4.69% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on ROL. StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, February 19th. Wells Fargo & Company upped their price objective on shares of Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a report on Monday, December 16th. Morgan Stanley upped their price objective on shares of Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. UBS Group upped their price objective on shares of Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a report on Friday, January 17th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $52.00 price objective on shares of Rollins in a report on Monday, January 6th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $52.00.

Rollins Price Performance

Shares of NYSE:ROL opened at $52.96 on Tuesday. Rollins, Inc. has a twelve month low of $41.72 and a twelve month high of $53.19. The company’s 50 day moving average is $48.81 and its 200 day moving average is $49.28. 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 company has a market cap of $25.64 billion, a PE ratio of 55.17 and a beta of 0.76.

Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, hitting the consensus estimate of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. On average, sell-side analysts forecast that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th will be given a $0.165 dividend. The ex-dividend date is Tuesday, February 25th. This represents a $0.66 annualized dividend and a yield of 1.25%. Rollins’s dividend payout ratio is presently 68.75%.

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.