Insider Selling: Rollins, Inc. (NYSE:ROL) Insider Sells 1,921 Shares of Stock

Rollins, Inc. (NYSE:ROL) insider Thomas D. Tesh sold 1,921 shares of Rollins stock in a transaction dated Thursday, April 10th. The stock was sold at an average price of $52.81, for a total transaction of $101,448.01. Following the completion of the sale, the insider now owns 39,640 shares of the company’s stock, valued at $2,093,388.40. This trade represents a 4.62 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Rollins Price Performance

Shares of Rollins stock traded up $1.19 during midday trading on Friday, hitting $55.30. 3,977,697 shares of the company traded hands, compared to its average volume of 1,990,972. The firm’s fifty day moving average price is $51.79 and its 200-day moving average price is $49.77. The stock has a market cap of $26.82 billion, a price-to-earnings ratio of 57.60 and a beta of 0.80. Rollins, Inc. has a 12 month low of $41.72 and a 12 month high of $56.26. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69.

Rollins (NYSE:ROL) last announced its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. As a group, sell-side analysts forecast that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th were paid a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date was Tuesday, February 25th. Rollins’s payout ratio is 68.75%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Gateway Investment Advisers LLC grew its holdings in Rollins by 31.0% during the 1st quarter. Gateway Investment Advisers LLC now owns 15,511 shares of the business services provider’s stock worth $838,000 after acquiring an additional 3,667 shares during the last quarter. KFG Wealth Management LLC grew its stake in shares of Rollins by 1.9% in the first quarter. KFG Wealth Management LLC now owns 11,305 shares of the business services provider’s stock worth $611,000 after purchasing an additional 211 shares during the last quarter. Impact Capital Partners LLC increased its holdings in Rollins by 2.6% in the first quarter. Impact Capital Partners LLC now owns 13,009 shares of the business services provider’s stock valued at $703,000 after purchasing an additional 326 shares during the period. Unique Wealth LLC bought a new position in Rollins during the 1st quarter worth $227,000. Finally, Signal Advisors Wealth LLC lifted its holdings in Rollins by 2.7% during the 1st quarter. Signal Advisors Wealth LLC now owns 31,738 shares of the business services provider’s stock worth $1,714,000 after buying an additional 826 shares during the period. Institutional investors and hedge funds own 51.79% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on ROL shares. Barclays lifted their price target on shares of Rollins from $50.00 to $55.00 and gave the company an “equal weight” rating in a research report on Friday, April 4th. Royal Bank of Canada reiterated an “outperform” rating and set a $52.00 target price on shares of Rollins in a research report on Monday, January 6th. UBS Group raised their price target on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research report on Friday, January 17th. Wells Fargo & Company upped their price objective on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. Finally, StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, March 12th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $52.83.

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.