Rollins, Inc. (NYSE:ROL) Insider Sells $675,217.74 in Stock

Rollins, Inc. (NYSE:ROL) insider Elizabeth B. Chandler sold 13,193 shares of Rollins stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $51.18, for a total value of $675,217.74. Following the completion of the sale, the insider now owns 76,526 shares of the company’s stock, valued at $3,916,600.68. The trade was a 14.70 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Rollins Price Performance

Shares of ROL opened at $51.37 on Wednesday. The company has a 50 day moving average of $48.34 and a two-hundred day moving average of $49.15. 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, Inc. has a twelve month low of $41.72 and a twelve month high of $52.83. The company has a market cap of $24.88 billion, a price-to-earnings ratio of 53.51 and a beta of 0.76.

Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 earnings per share 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%. As a group, analysts predict that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th will be paid a dividend of $0.165 per share. The ex-dividend date is Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.28%. Rollins’s payout ratio is 68.75%.

Analyst Ratings Changes

ROL has been the topic of a number of research reports. Morgan Stanley raised their target price on shares of Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. 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 report 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 report on Friday, February 14th. StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, February 19th. Finally, Barclays began coverage on Rollins in a research report on Monday, November 4th. They issued an “equal weight” rating and a $50.00 price target for the company. Four analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $52.00.

Hedge Funds Weigh In On Rollins

Hedge funds have recently modified their holdings of the stock. Norges Bank purchased a new stake in Rollins during the 4th quarter worth approximately $176,784,000. Marshall Wace LLP lifted its stake in shares of Rollins by 389.2% during the fourth quarter. Marshall Wace LLP now owns 2,770,131 shares of the business services provider’s stock worth $128,396,000 after buying an additional 2,203,859 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Rollins during the fourth quarter valued at $74,249,000. Geode Capital Management LLC increased its position in shares of Rollins by 17.6% in the 4th quarter. Geode Capital Management LLC now owns 8,557,923 shares of the business services provider’s stock valued at $395,819,000 after acquiring an additional 1,282,508 shares during the period. Finally, Montrusco Bolton Investments Inc. raised its stake in Rollins by 14.0% in the 3rd quarter. Montrusco Bolton Investments Inc. now owns 9,397,497 shares of the business services provider’s stock worth $465,503,000 after acquiring an additional 1,154,722 shares during the last quarter. Institutional investors and hedge funds 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.