New Age Alpha Advisors LLC Takes $8.73 Million Position in Rollins, Inc. (NYSE:ROL)

New Age Alpha Advisors LLC bought a new stake in Rollins, Inc. (NYSE:ROL) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 188,442 shares of the business services provider’s stock, valued at approximately $8,734,000.

A number of other institutional investors have also modified their holdings of the company. Brooklyn Investment Group purchased a new stake in Rollins during the 3rd quarter worth $28,000. Murphy & Mullick Capital Management Corp acquired a new position in shares of Rollins in the 4th quarter valued at approximately $29,000. Centricity Wealth Management LLC acquired a new stake in Rollins in the fourth quarter valued at $31,000. True Wealth Design LLC lifted its position in shares of Rollins by 4,272.2% during the third quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock worth $40,000 after purchasing an additional 769 shares during the last quarter. Finally, Versant Capital Management Inc lifted its holdings in 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 buying an additional 326 shares during the last quarter. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Rollins Stock Performance

Rollins stock opened at $53.82 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62. The company has a market cap of $26.10 billion, a P/E ratio of 56.06 and a beta of 0.78. Rollins, Inc. has a fifty-two week low of $41.72 and a fifty-two week high of $54.00. The firm’s 50 day simple moving average is $50.79 and its 200-day simple moving average is $49.55.

Rollins (NYSE:ROL) last released 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%. As a group, equities research analysts predict that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders 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 yield of 1.23%. Rollins’s payout ratio is presently 68.75%.

Insider Buying and Selling at Rollins

In related news, insider Traci Hornfeck sold 3,224 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total transaction of $171,194.40. Following the transaction, the insider now directly owns 9,602 shares of the company’s stock, valued at approximately $509,866.20. The trade was a 25.14 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Thomas D. Tesh sold 1,921 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $51.78, for a total transaction 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. The trade was a 4.46 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 18,338 shares of company stock valued at $945,882 in the last 90 days. 4.47% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently commented on ROL shares. UBS Group lifted their price target on shares of Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a report on Friday, January 17th. Wells Fargo & Company lifted their price objective on shares of Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Canaccord Genuity Group upped 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. Morgan Stanley lifted their price objective on shares of Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $52.00 target price on shares of Rollins in a research note on Monday, January 6th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Rollins 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.