Rollins, Inc. (NYSE:ROL) Receives Average Rating of “Hold” from Brokerages

Rollins, Inc. (NYSE:ROL) has received an average recommendation of “Hold” from the six analysts that are covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $52.83.

A number of brokerages have recently issued reports on ROL. Canaccord Genuity Group boosted their price target on shares of Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research report on Friday, February 14th. StockNews.com downgraded Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, March 12th. UBS Group boosted their price objective on Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. Morgan Stanley upped their target price on Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research note on Monday, January 6th.

Rollins Stock Performance

NYSE ROL opened at $52.15 on Friday. The company has a market capitalization of $25.29 billion, a price-to-earnings ratio of 54.32 and a beta of 0.78. Rollins has a twelve month low of $41.72 and a twelve month high of $56.26. The stock has a fifty day simple moving average of $51.46 and a 200 day simple moving average of $49.71. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30.

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, hitting analysts’ consensus estimates of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. Sell-side analysts expect that Rollins will post 1.09 EPS for the current year.

Rollins Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 25th were issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date was Tuesday, February 25th. Rollins’s dividend payout ratio is currently 68.75%.

Insider Buying and Selling at Rollins

In related news, insider Elizabeth B. Chandler sold 13,193 shares of the company’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $51.18, for a total transaction of $675,217.74. Following the completion of the sale, the insider now owns 76,526 shares in the company, valued at approximately $3,916,600.68. This represents a 14.70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Traci Hornfeck sold 3,224 shares of the firm’s stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total value of $171,194.40. Following the transaction, the insider now 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 disclosure for this sale can be found here. Over the last three months, insiders have sold 18,338 shares of company stock valued at $945,882. Corporate insiders own 4.47% of the company’s stock.

Institutional Trading of Rollins

Several institutional investors and hedge funds have recently made changes to their positions in the company. Eastern Bank boosted its holdings in Rollins by 0.5% during the fourth quarter. Eastern Bank now owns 50,410 shares of the business services provider’s stock worth $2,337,000 after purchasing an additional 236 shares during the last quarter. Keel Point LLC lifted its position in shares of Rollins by 5.1% during the 4th quarter. Keel Point LLC now owns 5,397 shares of the business services provider’s stock worth $250,000 after buying an additional 262 shares in the last quarter. Kensington Investment Counsel LLC grew its holdings in shares of Rollins by 0.7% in the fourth quarter. Kensington Investment Counsel LLC now owns 38,120 shares of the business services provider’s stock valued at $1,767,000 after acquiring an additional 263 shares in the last quarter. New York Life Investment Management LLC grew its holdings 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 in the last quarter. Finally, SRS Capital Advisors Inc. lifted its holdings in Rollins by 25.7% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider’s stock worth $66,000 after acquiring an additional 292 shares during the period. Hedge funds and other institutional investors own 51.79% 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.