Kensington Investment Counsel LLC Has $1.77 Million Stock Holdings in Rollins, Inc. (NYSE:ROL)

Kensington Investment Counsel LLC grew its holdings in Rollins, Inc. (NYSE:ROL) by 0.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,120 shares of the business services provider’s stock after acquiring an additional 263 shares during the quarter. Kensington Investment Counsel LLC’s holdings in Rollins were worth $1,767,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Eastern Bank boosted its position in shares of Rollins by 0.5% in the fourth quarter. Eastern Bank now owns 50,410 shares of the business services provider’s stock valued at $2,337,000 after acquiring an additional 236 shares during the period. Raymond James Trust N.A. boosted its position in shares of Rollins by 1.9% in 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 acquiring an additional 252 shares during the period. New York Life Investment Management LLC boosted its position in shares of Rollins by 0.7% in 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 during the period. Motley Fool Asset Management LLC boosted its position in shares of Rollins by 3.0% in the third quarter. Motley Fool Asset Management LLC now owns 10,072 shares of the business services provider’s stock valued at $509,000 after acquiring an additional 289 shares during the period. Finally, SRS Capital Advisors Inc. boosted its position in shares of Rollins by 25.7% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider’s stock valued at $66,000 after acquiring an additional 292 shares during the period. 51.79% of the stock is owned by institutional investors.

Insider Buying and Selling at Rollins

In other news, insider Traci Hornfeck sold 3,224 shares of the firm’s stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total value of $171,194.40. Following the completion of the sale, the insider now directly owns 9,602 shares in the company, valued at approximately $509,866.20. This trade represents a 25.14 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Thomas D. Tesh sold 1,921 shares of the firm’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $51.78, for a total value of $99,469.38. Following the completion of the sale, the insider now owns 41,173 shares of the company’s stock, valued at approximately $2,131,937.94. This trade represents a 4.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 18,338 shares of company stock valued at $945,882. 4.69% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

ROL has been the subject of several research reports. UBS Group increased their price objective on Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research report on Friday, January 17th. Wells Fargo & Company raised their target price on Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. Canaccord Genuity Group raised their target price on Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research report on Friday, February 14th. StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, March 12th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research report on Monday, January 6th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $52.00.

Rollins Stock Up 0.8 %

Shares of NYSE ROL opened at $51.81 on Tuesday. The stock has a market cap of $25.09 billion, a PE ratio of 53.96 and a beta of 0.78. The business has a fifty day moving average of $49.88 and a two-hundred day moving average of $49.42. Rollins, Inc. has a 52-week low of $41.72 and a 52-week high of $53.72. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. As a group, equities research analysts expect that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th were issued a dividend of $0.165 per share. The ex-dividend date was Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.27%. Rollins’s payout ratio is presently 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.