Thomas D. Tesh Sells 1,921 Shares of Rollins, Inc. (NYSE:ROL) Stock

Rollins, Inc. (NYSE:ROL) insider Thomas D. Tesh sold 1,921 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of $51.78, for a total value of $99,469.38. Following the transaction, the insider now directly owns 41,173 shares in the company, valued at approximately $2,131,937.94. This represents a 4.46 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Rollins Trading Down 2.6 %

ROL stock opened at $50.58 on Thursday. The company has a market cap of $24.49 billion, a price-to-earnings ratio of 52.68 and a beta of 0.78. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30. The business has a fifty day simple moving average of $49.56 and a 200-day simple moving average of $49.40. Rollins, Inc. has a 52 week low of $41.72 and a 52 week high of $53.72.

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 analysts’ consensus estimates of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. On average, equities research analysts expect that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 25th were issued a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $0.66 annualized dividend and a yield of 1.30%. Rollins’s dividend payout ratio is currently 68.75%.

Institutional Trading of Rollins

Large investors have recently added to or reduced their stakes in the stock. Brooklyn Investment Group acquired a new stake in Rollins in the 3rd quarter valued at $28,000. Murphy & Mullick Capital Management Corp acquired a new stake in Rollins in the 4th quarter valued at $29,000. Centricity Wealth Management LLC acquired a new stake in Rollins in the 4th quarter valued at $31,000. True Wealth Design LLC increased its holdings in Rollins by 4,272.2% in the 3rd quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 769 shares in the last quarter. Finally, Mizuho Bank Ltd. acquired a new stake in Rollins in the 4th quarter valued at $37,000. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on ROL shares. Morgan Stanley increased their price target on Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Canaccord Genuity Group increased their price target on Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research note on Friday, February 14th. UBS Group increased their price target on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research note on Friday, January 17th. Royal Bank of Canada reissued an “outperform” rating and set a $52.00 price target on shares of Rollins in a research note on Monday, January 6th. Finally, Wells Fargo & Company increased their price target on Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $52.00.

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.