SG Americas Securities LLC Has $20.70 Million Stock Position in Rollins, Inc. $ROL

SG Americas Securities LLC lifted its holdings in Rollins, Inc. (NYSE:ROL) by 1,968.7% during the 4th quarter, HoldingsChannel reports. The fund owned 344,876 shares of the business services provider’s stock after acquiring an additional 328,205 shares during the quarter. SG Americas Securities LLC’s holdings in Rollins were worth $20,699,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Thrive Wealth Management LLC boosted its stake in Rollins by 2.7% during the 3rd quarter. Thrive Wealth Management LLC now owns 6,473 shares of the business services provider’s stock worth $380,000 after purchasing an additional 172 shares during the last quarter. Fifth Third Bancorp grew its holdings in shares of Rollins by 1.2% during the third quarter. Fifth Third Bancorp now owns 18,874 shares of the business services provider’s stock worth $1,109,000 after buying an additional 222 shares in the last quarter. World Investment Advisors raised its position in shares of Rollins by 5.1% in the third quarter. World Investment Advisors now owns 4,705 shares of the business services provider’s stock valued at $276,000 after buying an additional 229 shares during the last quarter. Inspire Investing LLC raised its position in shares of Rollins by 4.7% in the third quarter. Inspire Investing LLC now owns 5,254 shares of the business services provider’s stock valued at $309,000 after buying an additional 234 shares during the last quarter. Finally, Keel Point LLC lifted its stake in shares of Rollins by 5.4% in the second quarter. Keel Point LLC now owns 4,646 shares of the business services provider’s stock worth $262,000 after buying an additional 238 shares in the last quarter. 51.79% of the stock is owned by institutional investors.

Insider Buying and Selling at Rollins

In related news, CEO Jerry Jr. Gahlhoff sold 4,510 shares of the firm’s stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $63.26, for a total transaction of $285,302.60. Following the completion of the transaction, the chief executive officer directly owned 328,386 shares in the company, valued at $20,773,698.36. This trade represents a 1.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman Gary W. Rollins sold 19,094 shares of Rollins stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $63.26, for a total value of $1,207,886.44. Following the completion of the transaction, the chairman directly owned 5,322,469 shares of the company’s stock, valued at approximately $336,699,388.94. This represents a 0.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 69,435 shares of company stock valued at $4,321,384. Corporate insiders own 4.47% of the company’s stock.

Rollins Price Performance

ROL stock opened at $52.47 on Friday. The business has a fifty day moving average of $59.54 and a two-hundred day moving average of $58.98. The company has a quick ratio of 0.55, a current ratio of 0.60 and a debt-to-equity ratio of 0.35. The stock has a market cap of $25.29 billion, a price-to-earnings ratio of 48.14, a price-to-earnings-growth ratio of 3.26 and a beta of 0.80. Rollins, Inc. has a 52-week low of $49.73 and a 52-week high of $66.14.

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

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 25th were paid a dividend of $0.1825 per share. This represents a $0.73 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Wednesday, February 25th. Rollins’s dividend payout ratio is 66.97%.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Bank of America assumed coverage on shares of Rollins in a research note on Tuesday, February 17th. They issued a “buy” rating and a $67.00 target price on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Rollins in a report on Tuesday, December 2nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Rollins in a research report on Monday, December 29th. Wells Fargo & Company set a $56.00 price objective on Rollins and gave the stock an “equal weight” rating in a research note on Thursday, February 12th. Finally, Royal Bank Of Canada set a $67.00 target price on Rollins and gave the company an “outperform” rating in a report on Thursday, February 12th. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Rollins presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.08.

About Rollins

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.