CANADA LIFE ASSURANCE Co Has $11.72 Million Stock Position in Rollins, Inc. (NYSE:ROL)

CANADA LIFE ASSURANCE Co lowered its holdings in shares of Rollins, Inc. (NYSE:ROL) by 4.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 252,778 shares of the business services provider’s stock after selling 11,372 shares during the period. CANADA LIFE ASSURANCE Co owned 0.05% of Rollins worth $11,718,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of ROL. Barclays PLC raised its stake in Rollins by 34.8% in the 3rd quarter. Barclays PLC now owns 721,467 shares of the business services provider’s stock valued at $36,491,000 after acquiring an additional 186,452 shares during the period. Anchor Investment Management LLC boosted its position in Rollins by 724.3% during the third quarter. Anchor Investment Management LLC now owns 1,797 shares of the business services provider’s stock worth $91,000 after purchasing an additional 1,579 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of Rollins in the third quarter valued at $388,000. Tidal Investments LLC raised its position in shares of Rollins by 9.7% in the third quarter. Tidal Investments LLC now owns 16,005 shares of the business services provider’s stock valued at $810,000 after purchasing an additional 1,414 shares during the period. Finally, Asset Advisors Investment Management LLC acquired a new stake in shares of Rollins during the 3rd quarter worth about $228,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. StockNews.com raised shares of Rollins from a “hold” rating to a “buy” rating in a report on Thursday, April 17th. UBS Group increased their target price on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research note on Friday, January 17th. Canaccord Genuity Group lifted their price target on Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a report on Friday, February 14th. Royal Bank of Canada upped their price objective on Rollins from $52.00 to $62.00 and gave the company an “outperform” rating in a report on Thursday, April 17th. Finally, Morgan Stanley lifted their target price on Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Rollins presently has a consensus rating of “Hold” and a consensus target price of $54.50.

Rollins Price Performance

Shares of NYSE ROL opened at $54.75 on Tuesday. The stock has a market capitalization of $26.56 billion, a PE ratio of 57.03 and a beta of 0.80. Rollins, Inc. has a fifty-two week low of $42.25 and a fifty-two week high of $56.26. 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 business has a fifty day moving average price of $52.57 and a two-hundred day moving average price of $50.02.

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 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, equities analysts predict that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 25th were paid a $0.165 dividend. 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 1.21%. Rollins’s dividend payout ratio (DPR) is 68.75%.

Insider Buying and Selling at Rollins

In related news, insider Traci Hornfeck sold 3,224 shares of the company’s stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total transaction of $171,194.40. Following the completion of the sale, the insider now directly owns 9,602 shares in the company, valued at $509,866.20. This represents a 25.14 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Elizabeth B. Chandler sold 13,193 shares of the firm’s 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 directly owns 76,526 shares in the company, valued at $3,916,600.68. This trade represents a 14.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 20,259 shares of company stock worth $1,047,330 over the last three months. Corporate insiders own 4.47% of the company’s stock.

Rollins 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.