Rollins (NYSE:ROL) Insider Elizabeth Chandler Sells 14,201 Shares of Stock

Rollins, Inc. (NYSE:ROL) insider Elizabeth Chandler sold 14,201 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $59.36, for a total transaction of $842,971.36. Following the sale, the insider owned 55,977 shares of the company’s stock, valued at approximately $3,322,794.72. This represents a 20.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Rollins Price Performance

Shares of NYSE:ROL opened at $59.74 on Friday. The business’s 50 day moving average is $61.51 and its 200-day moving average is $59.17. Rollins, Inc. has a 1-year low of $49.73 and a 1-year high of $66.14. The firm has a market capitalization of $28.74 billion, a PE ratio of 54.81, a PEG ratio of 3.65 and a beta of 0.78. The company has a current ratio of 0.60, a quick ratio of 0.55 and a debt-to-equity ratio of 0.35.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, February 11th. The business services provider reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.02). The business had revenue of $912.91 million during the quarter, compared to analyst estimates of $925.08 million. Rollins had a net margin of 14.00% and a return on equity of 38.16%. The company’s quarterly revenue was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.22 earnings per share. Sell-side analysts predict that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th will be issued a $0.1825 dividend. The ex-dividend date is Wednesday, February 25th. This represents a $0.73 annualized dividend and a yield of 1.2%. Rollins’s dividend payout ratio is presently 66.97%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Norges Bank bought a new position in shares of Rollins during the 4th quarter worth $244,669,000. Westfield Capital Management Co. LP raised its holdings in shares of Rollins by 1,923.1% in the 2nd quarter. Westfield Capital Management Co. LP now owns 1,878,134 shares of the business services provider’s stock valued at $105,964,000 after purchasing an additional 1,785,300 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Rollins by 41.2% in the 2nd quarter. Invesco Ltd. now owns 5,657,997 shares of the business services provider’s stock valued at $319,224,000 after purchasing an additional 1,649,676 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Rollins by 4.3% in the 4th quarter. Vanguard Group Inc. now owns 38,282,523 shares of the business services provider’s stock worth $2,297,717,000 after purchasing an additional 1,562,241 shares during the period. Finally, Bessemer Group Inc. lifted its stake in shares of Rollins by 11,772.1% during the 4th quarter. Bessemer Group Inc. now owns 1,084,398 shares of the business services provider’s stock worth $65,086,000 after purchasing an additional 1,075,264 shares during the last quarter. Institutional investors own 51.79% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on ROL shares. Bank of America assumed coverage on Rollins in a report on Tuesday, February 17th. They issued a “buy” rating and a $67.00 price objective for the company. Morgan Stanley set a $70.00 target price on shares of Rollins in a research report on Friday, February 13th. Wells Fargo & Company set a $56.00 price objective on Rollins and gave the company an “equal weight” rating in a research note on Thursday, February 12th. UBS Group set a $65.00 target price on shares of Rollins in a research note on Wednesday, January 21st. Finally, Barclays upgraded shares of 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 research report on Friday, December 5th. Eleven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Rollins presently has an average rating of “Moderate Buy” and a consensus target price of $66.08.

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.