EverSource Wealth Advisors LLC Has $614,000 Stock Holdings in Rollins, Inc. (NYSE:ROL)

EverSource Wealth Advisors LLC grew its position in Rollins, Inc. (NYSE:ROL) by 59.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 13,244 shares of the business services provider’s stock after purchasing an additional 4,938 shares during the period. EverSource Wealth Advisors LLC’s holdings in Rollins were worth $614,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC grew its holdings in Rollins by 19.9% during the 4th quarter. HighTower Advisors LLC now owns 32,137 shares of the business services provider’s stock worth $1,490,000 after acquiring an additional 5,330 shares during the last quarter. Inspire Advisors LLC grew its holdings in Rollins by 48.1% during the 4th quarter. Inspire Advisors LLC now owns 21,000 shares of the business services provider’s stock worth $973,000 after acquiring an additional 6,825 shares during the last quarter. Markel Group Inc. grew its holdings in Rollins by 0.6% during the 4th quarter. Markel Group Inc. now owns 1,462,275 shares of the business services provider’s stock worth $67,776,000 after acquiring an additional 9,000 shares during the last quarter. Tortoise Investment Management LLC grew its holdings in Rollins by 29.9% during the 4th quarter. Tortoise Investment Management LLC now owns 2,360 shares of the business services provider’s stock worth $109,000 after acquiring an additional 543 shares during the last quarter. Finally, Daiwa Securities Group Inc. grew its holdings in Rollins by 8.4% during the 4th quarter. Daiwa Securities Group Inc. now owns 37,752 shares of the business services provider’s stock worth $1,750,000 after acquiring an additional 2,928 shares during the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Stock Up 0.3 %

Shares of NYSE ROL opened at $50.69 on Friday. The firm has a market capitalization of $24.55 billion, a PE ratio of 52.81 and a beta of 0.78. The firm’s 50-day moving average is $49.65 and its 200-day moving average is $49.41. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30. Rollins, Inc. has a 1 year low of $41.72 and a 1 year high of $53.72.

Rollins (NYSE:ROL) last announced its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share 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%. Equities analysts expect that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

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

Analyst Upgrades and Downgrades

ROL has been the topic of a number of research analyst reports. Royal Bank of Canada reissued an “outperform” rating and set a $52.00 price objective on shares of Rollins in a report on Monday, January 6th. StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a report on Wednesday. Wells Fargo & Company increased their price objective on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. Canaccord Genuity Group raised their target price 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, UBS Group raised their target price on shares of Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Rollins has a consensus rating of “Hold” and a consensus price target of $52.00.

Insider Activity at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 13,193 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $51.18, for a total transaction of $675,217.74. Following the sale, the insider now directly owns 76,526 shares in the company, valued at approximately $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 accessible through this link. Also, insider Traci Hornfeck sold 3,224 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total transaction of $171,194.40. Following the sale, the insider now owns 9,602 shares in the company, valued at $509,866.20. This trade represents a 25.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 18,338 shares of company stock worth $945,882 in the last ninety days. Company insiders own 4.69% of the company’s stock.

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.