Blair William & Co. IL Boosts Stock Position in Rollins, Inc. (NYSE:ROL)

Blair William & Co. IL raised its position in Rollins, Inc. (NYSE:ROL) by 5.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 2,176,043 shares of the business services provider’s stock after buying an additional 117,013 shares during the period. Blair William & Co. IL’s holdings in Rollins were worth $100,860,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ROL. Brooklyn Investment Group acquired a new position in Rollins in the third quarter valued at $28,000. Murphy & Mullick Capital Management Corp purchased a new stake in Rollins in the 4th quarter valued at about $29,000. Centricity Wealth Management LLC acquired a new position in shares of Rollins during the 4th quarter valued at about $31,000. True Wealth Design LLC increased its stake in shares of Rollins by 4,272.2% during the 3rd quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 769 shares during the last quarter. Finally, Versant Capital Management Inc lifted its holdings in shares of Rollins by 57.8% during the 4th quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock worth $41,000 after acquiring an additional 326 shares during the period. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on ROL shares. UBS Group upped their price target on shares of Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research report on Friday, January 17th. StockNews.com downgraded Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, March 12th. Canaccord Genuity Group lifted their target price on Rollins from $48.00 to $49.00 and gave the company a “hold” rating in a report on Friday, February 14th. Morgan Stanley upped 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. Finally, Wells Fargo & Company lifted their price objective on Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Five equities 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.com, Rollins has a consensus rating of “Hold” and a consensus target price of $52.00.

Rollins Stock Up 1.3 %

Shares of NYSE ROL opened at $53.03 on Thursday. The stock has a fifty day moving average price of $50.68 and a 200 day moving average price of $49.52. 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 12-month low of $41.72 and a 12-month high of $53.72. The company has a market cap of $25.72 billion, a P/E ratio of 55.24 and a beta of 0.78.

Rollins (NYSE:ROL) last posted its earnings results 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%. Research analysts anticipate that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th were given a dividend of $0.165 per share. 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 1.24%. Rollins’s payout ratio is currently 68.75%.

Insider Activity

In related news, insider Elizabeth B. Chandler sold 13,193 shares of the business’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $51.18, for a total value of $675,217.74. Following the transaction, the insider now owns 76,526 shares in the company, valued at approximately $3,916,600.68. The trade was a 14.70 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Thomas D. Tesh sold 1,921 shares of the firm’s stock in a transaction that occurred 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 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 position. The disclosure for this sale can be found here. Over the last three months, insiders sold 18,338 shares of company stock worth $945,882. 4.69% of the stock is currently owned by company insiders.

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.