Koshinski Asset Management Inc. Has $637,000 Stock Holdings in Rollins, Inc. (NYSE:ROL)

Koshinski Asset Management Inc. raised its stake in shares of Rollins, Inc. (NYSE:ROL) by 12.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,748 shares of the business services provider’s stock after purchasing an additional 1,524 shares during the period. Koshinski Asset Management Inc.’s holdings in Rollins were worth $637,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ROL. Federated Hermes Inc. grew its holdings in Rollins by 16.4% during the second quarter. Federated Hermes Inc. now owns 1,766 shares of the business services provider’s stock valued at $86,000 after purchasing an additional 249 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its holdings in Rollins by 8.1% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 8,870 shares of the business services provider’s stock valued at $433,000 after purchasing an additional 666 shares during the last quarter. ProShare Advisors LLC grew its holdings in Rollins by 4.1% during the second quarter. ProShare Advisors LLC now owns 62,174 shares of the business services provider’s stock valued at $3,033,000 after purchasing an additional 2,423 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in Rollins by 24.9% during the second quarter. EverSource Wealth Advisors LLC now owns 7,717 shares of the business services provider’s stock valued at $370,000 after purchasing an additional 1,536 shares during the last quarter. Finally, Public Sector Pension Investment Board grew its holdings in Rollins by 85.6% during the second quarter. Public Sector Pension Investment Board now owns 9,527 shares of the business services provider’s stock valued at $465,000 after purchasing an additional 4,395 shares during the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Wells Fargo & Company raised their price objective on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. Canaccord Genuity Group assumed coverage on shares of Rollins in a research note on Tuesday, January 7th. They issued a “hold” rating and a $48.00 price objective on the stock. StockNews.com downgraded shares of Rollins from a “buy” rating to a “hold” rating in a research note on Wednesday, January 8th. Royal Bank of Canada restated an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research note on Monday, January 6th. Finally, Barclays assumed coverage on shares of Rollins in a research note on Monday, November 4th. They issued an “equal weight” rating and a $50.00 price objective on the stock. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $51.50.

Insider Buying and Selling at Rollins

In other Rollins news, major shareholder Timothy Curtis Rollins sold 14,750 shares of Rollins stock in a transaction on Friday, November 15th. The stock was sold at an average price of $49.88, for a total transaction of $735,730.00. Following the completion of the transaction, the insider now directly owns 124,214 shares of the company’s stock, valued at approximately $6,195,794.32. This trade represents a 10.61 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 4.69% of the company’s stock.

Rollins Stock Down 0.4 %

Shares of ROL stock opened at $48.43 on Thursday. The stock has a market cap of $23.45 billion, a P/E ratio of 50.45 and a beta of 0.75. Rollins, Inc. has a one year low of $40.41 and a one year high of $52.16. The stock has a fifty day moving average price of $48.29 and a 200 day moving average price of $48.92. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.78 and a quick ratio of 0.72.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, October 23rd. The business services provider reported $0.29 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.01). The firm had revenue of $916.27 million during the quarter, compared to the consensus estimate of $911.15 million. Rollins had a return on equity of 38.67% and a net margin of 14.18%. The firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period last year, the business earned $0.28 earnings per share. Analysts predict that Rollins, Inc. will post 0.99 earnings per share for the current year.

Rollins Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th will be issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.36%. Rollins’s payout ratio is presently 68.75%.

About Rollins

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.