Insider Selling: Rollins (NYSE:ROL) Insider Sells 887 Shares of Stock

Rollins, Inc. (NYSE:ROL) insider Thomas Tesh sold 887 shares of Rollins stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $63.26, for a total transaction of $56,111.62. Following the sale, the insider directly owned 28,344 shares in the company, valued at $1,793,041.44. This trade represents a 3.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Rollins Price Performance

Shares of ROL traded down $0.65 during trading hours on Wednesday, reaching $62.85. The stock had a trading volume of 2,745,339 shares, compared to its average volume of 2,121,308. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.71 and a current ratio of 0.77. Rollins, Inc. has a 12 month low of $48.70 and a 12 month high of $63.84. The stock has a market capitalization of $30.46 billion, a PE ratio of 58.73 and a beta of 0.79. The company’s 50-day moving average is $60.82 and its two-hundred day moving average is $58.45.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, October 29th. The business services provider reported $0.35 EPS for the quarter, topping the consensus estimate of $0.32 by $0.03. Rollins had a net margin of 14.02% and a return on equity of 37.60%. The business had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same period last year, the company earned $0.29 EPS. The firm’s revenue was up 12.0% compared to the same quarter last year. Research analysts expect that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th will be given a dividend of $0.1825 per share. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Wednesday, February 25th. Rollins’s dividend payout ratio (DPR) is 68.22%.

Key Headlines Impacting Rollins

Here are the key news stories impacting Rollins this week:

• Neutral Sentiment: Seth Rollins says a Royal Rumble entrant is being overlooked by fans and pundits. Seth Rollins says this WWE Royal Rumble entrant is being overlooked by everyone
• Neutral Sentiment: Rollins names five future WWE stars and notably omits Oba Femi from the list. Seth Rollins Names Five Stars Who Are The Future of WWE – Snubs Oba Femi
• Neutral Sentiment: Live commentary for The Skyscraper drew criticism, but observers liked Rollins’ presence. The Skyscraper Live Commentary Is Getting Trashed, But I Really Liked Seth Rollins’ Presence
• Neutral Sentiment: Becky Lynch and Rollins discuss a complicated WWE storyline/ruse. Becky Lynch and Seth Rollins lament complicated WWE ruse
• Neutral Sentiment: Rollins highlights some wrestlers he sees as future megastars for WWE. Seth Rollins reveals some of the future WWE megastars
• Neutral Sentiment: Video piece on Becky Lynch’s early run with Rollins and why it failed. Becky Lynch’s First WWE Run With Seth Rollins Failed For This Reason
• Neutral Sentiment: Report speculating Rollins could return at the Royal Rumble; status remains unclear. Seth Rollins Returning at Royal Rumble? WWE Star Gives Update
• Neutral Sentiment: Rollins confirms he will not be at the Royal Rumble (comments on absence). I am not going to be at the Rumble: Seth Rollins confirms his absence from Royal Rumble
• Neutral Sentiment: Rollins discusses his injury and how much time he expects left in wrestling. Injured WWE Star Seth Rollins Comments On How Much Time He Has Left In Wrestling
• Neutral Sentiment: Coverage that Rollins shut down rumors of an injury return at the Royal Rumble. WWE star Seth Rollins shuts down Royal Rumble injury return
• Neutral Sentiment: Rollins states whether he is medically cleared for the men’s Royal Rumble. Seth Rollins reveals whether he’s cleared to participate in WWE men’s Royal Rumble
• Neutral Sentiment: Longer piece on Rollins addressing injuries and his retirement timeline. Seth Rollins Again Addresses His Injuries and Retirement Timeline
• Neutral Sentiment: Interview with Becky Lynch about dream matches and life in WWE with Rollins. Becky Lynch on Dream Matches, In-Ring Immortality & Life in WWE With Seth Rollins
• Neutral Sentiment: Preview/analysis asking whether Rollins will compete at the Royal Rumble. Will Seth Rollins Compete at the WWE Royal Rumble?
• Neutral Sentiment: Rollins details biceps/triceps rehab workouts aiding his recovery. Seth Rollins on how bicep and tricep workouts are helping him recover from WWE injury
• Neutral Sentiment: Rollins gives an update on his WWE return timeframe; no company ties. Seth Rollins shares big update on WWE return timeframe
• Neutral Sentiment: Bleacher Report: Rollins spoils Royal Rumble plans and updates fans on injuries/retirement. Seth Rollins Gives Royal Rumble Spoiler, WWE Star Updates Injury and Retirement Timeline

Hedge Funds Weigh In On Rollins

A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its position in Rollins by 4.2% in the 3rd quarter. Vanguard Group Inc. now owns 36,720,282 shares of the business services provider’s stock valued at $2,156,949,000 after purchasing an additional 1,480,306 shares during the period. State Street Corp lifted its stake in shares of Rollins by 1.4% in the third quarter. State Street Corp now owns 12,274,415 shares of the business services provider’s stock valued at $720,999,000 after buying an additional 172,303 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Rollins by 4.8% during the second quarter. Geode Capital Management LLC now owns 9,379,509 shares of the business services provider’s stock valued at $527,446,000 after buying an additional 432,067 shares during the last quarter. Invesco Ltd. increased its position in shares of Rollins by 41.2% during the second quarter. Invesco Ltd. now owns 5,657,997 shares of the business services provider’s stock worth $319,224,000 after acquiring an additional 1,649,676 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Rollins in the 2nd quarter worth about $218,593,000. 51.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. UBS Group set a $65.00 target price on shares of Rollins in a research note on Wednesday, January 21st. Barclays upgraded Rollins from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $60.00 to $72.00 in a report on Friday, December 5th. Canaccord Genuity Group set a $55.00 price objective on Rollins and gave the company a “hold” rating in a research note on Friday, October 31st. Wells Fargo & Company upped their target price on Rollins from $65.00 to $68.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Rollins in a report on Monday, December 29th. Eleven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $67.67.

Rollins Company Profile

Rollins, Inc (NYSE: ROL) is a provider of pest and termite control services operating through a network of subsidiaries and franchises. Headquartered in Atlanta, Georgia, the company offers a broad range of pest management solutions for both residential and commercial customers, positioning itself as a specialist in protecting property and public health from pests and vectors.

Its service offerings include general pest control, termite inspection and treatment, bed bug remediation, mosquito and vector control, wildlife exclusion, and related specialty services.