Geneva Capital Management LLC Purchases 95,331 Shares of Rollins, Inc. (NYSE:ROL)

Geneva Capital Management LLC increased its position in Rollins, Inc. (NYSE:ROL) by 44.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 311,206 shares of the business services provider’s stock after purchasing an additional 95,331 shares during the quarter. Geneva Capital Management LLC’s holdings in Rollins were worth $13,590,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the company. Everpar Advisors LLC acquired a new position in Rollins during the fourth quarter worth approximately $623,000. Charles Schwab Investment Management Inc. increased its holdings in shares of Rollins by 2.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,009,004 shares of the business services provider’s stock worth $87,733,000 after acquiring an additional 48,709 shares during the last quarter. Apollon Wealth Management LLC raised its stake in Rollins by 30.0% in the 4th quarter. Apollon Wealth Management LLC now owns 22,870 shares of the business services provider’s stock valued at $999,000 after acquiring an additional 5,284 shares during the period. Private Advisor Group LLC acquired a new stake in Rollins during the 4th quarter valued at $248,000. Finally, Spire Wealth Management boosted its position in Rollins by 139.7% during the fourth quarter. Spire Wealth Management now owns 755 shares of the business services provider’s stock worth $33,000 after purchasing an additional 440 shares during the period. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Rollins news, insider Traci Hornfeck sold 2,677 shares of the firm’s stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $43.48, for a total value of $116,395.96. Following the completion of the sale, the insider now directly owns 14,376 shares of the company’s stock, valued at $625,068.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, insider Elizabeth B. Chandler sold 10,000 shares of the business’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total transaction of $410,500.00. Following the sale, the insider now directly owns 99,709 shares in the company, valued at approximately $4,093,054.45. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Traci Hornfeck sold 2,677 shares of the firm’s stock in a transaction dated Thursday, February 29th. The stock was sold at an average price of $43.48, for a total value of $116,395.96. Following the completion of the transaction, the insider now owns 14,376 shares of the company’s stock, valued at approximately $625,068.48. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 27,824 shares of company stock valued at $1,219,558. Company insiders own 4.69% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Morgan Stanley raised their price objective on shares of Rollins from $42.00 to $43.00 and gave the stock an “equal weight” rating in a research report on Friday, April 26th. UBS Group reaffirmed a “neutral” rating and set a $49.00 price target on shares of Rollins in a report on Monday, April 15th. Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research report on Thursday, February 15th. Finally, StockNews.com cut shares of Rollins from a “buy” rating to a “hold” rating in a report on Thursday, April 25th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $47.00.

Rollins Stock Down 0.4 %

Shares of NYSE:ROL traded down $0.17 during trading on Friday, reaching $46.84. 108,041 shares of the stock were exchanged, compared to its average volume of 1,921,574. Rollins, Inc. has a 1-year low of $32.19 and a 1-year high of $47.69. The stock has a fifty day moving average of $45.18 and a two-hundred day moving average of $42.76. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.72 and a quick ratio of 0.66. The firm has a market cap of $22.68 billion, a price-to-earnings ratio of 52.82, a price-to-earnings-growth ratio of 3.53 and a beta of 0.65.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, April 24th. The business services provider reported $0.20 EPS for the quarter, hitting the consensus estimate of $0.20. The firm had revenue of $748.35 million during the quarter, compared to the consensus estimate of $739.12 million. Rollins had a return on equity of 37.73% and a net margin of 13.94%. The company’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.18 earnings per share. Research analysts anticipate that Rollins, Inc. will post 1 earnings per share for the current fiscal year.

Rollins Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Friday, May 10th will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, May 9th. This represents a $0.60 annualized dividend and a yield of 1.28%. Rollins’s payout ratio is currently 67.42%.

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.