Rollins, Inc. $ROL Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lessened its stake in Rollins, Inc. (NYSE:ROL) by 0.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,694,589 shares of the business services provider’s stock after selling 11,805 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Rollins were worth $158,275,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new position in Rollins during the third quarter worth $31,000. TD Waterhouse Canada Inc. increased its stake in shares of Rollins by 58.4% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 730 shares of the business services provider’s stock worth $41,000 after acquiring an additional 269 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new position in shares of Rollins during the 2nd quarter worth $42,000. TruNorth Capital Management LLC purchased a new position in shares of Rollins during the 3rd quarter worth $45,000. Finally, First Horizon Corp acquired a new position in shares of Rollins during the 3rd quarter valued at about $47,000. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Insider Activity

In related news, insider Elizabeth B. Chandler sold 14,201 shares of Rollins stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $59.36, for a total value of $842,971.36. Following the completion of the sale, the insider owned 55,977 shares in the company, valued at approximately $3,322,794.72. This trade represents a 20.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Thomas D. Tesh sold 2,396 shares of the business’s stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of $60.06, for a total value of $143,903.76. Following the completion of the sale, the insider directly owned 29,231 shares in the company, valued at approximately $1,755,613.86. The trade was a 7.58% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 73,351 shares of company stock worth $4,554,785 in the last three months. 4.47% of the stock is currently owned by corporate insiders.

Rollins Stock Down 1.2%

Shares of NYSE:ROL opened at $57.60 on Tuesday. The company has a market capitalization of $27.71 billion, a price-to-earnings ratio of 52.84, a PEG ratio of 3.59 and a beta of 0.80. Rollins, Inc. has a 12-month low of $49.73 and a 12-month high of $66.14. The business has a 50-day moving average price of $61.29 and a 200 day moving average price of $59.25. 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 posted its earnings results on Wednesday, February 11th. The business services provider reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.02). The company 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% compared to the same quarter last year. During the same period in the previous year, the company earned $0.22 EPS. Sell-side analysts expect that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Dividend Announcement

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 issued a $0.1825 dividend. This represents a $0.73 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Wednesday, February 25th. Rollins’s dividend payout ratio is currently 66.97%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on ROL. Morgan Stanley set a $70.00 price objective on shares of Rollins in a research report on Friday, February 13th. Wells Fargo & Company set a $56.00 target price on shares of Rollins and gave the company an “equal weight” rating in a report on Thursday, February 12th. UBS Group set a $65.00 price target on shares of Rollins in a research note on Wednesday, January 21st. Sanford C. Bernstein restated an “outperform” rating on shares of Rollins in a report on Tuesday, December 2nd. Finally, Bank of America assumed coverage on shares of Rollins in a research report on Tuesday, February 17th. They set a “buy” rating and a $67.00 price target on the stock. Eleven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Rollins currently has a consensus rating of “Moderate Buy” and an average 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.