J. Safra Sarasin Holding AG Makes New $647,000 Investment in Rollins, Inc. $ROL

J. Safra Sarasin Holding AG bought a new position in Rollins, Inc. (NYSE:ROL) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 10,781 shares of the business services provider’s stock, valued at approximately $647,000.

Other institutional investors also recently modified their holdings of the company. Board of the Pension Protection Fund purchased a new stake in shares of Rollins during the fourth quarter valued at approximately $30,000. Root Financial Partners LLC purchased a new position in Rollins in the third quarter worth $31,000. CYBER HORNET ETFs LLC purchased a new position in Rollins in the second quarter worth $42,000. TruNorth Capital Management LLC bought a new position in Rollins in the 3rd quarter valued at $45,000. Finally, First Horizon Corp purchased a new stake in shares of Rollins during the 3rd quarter valued at $47,000. 51.79% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Rollins in a research note on Monday, December 29th. Royal Bank Of Canada set a $67.00 price target on shares of Rollins and gave the company an “outperform” rating in a research report on Thursday, February 12th. UBS Group set a $65.00 price objective on shares of Rollins in a research report on Wednesday, January 21st. Morgan Stanley set a $70.00 target price on shares of Rollins in a research note on Friday, February 13th. Finally, Canaccord Genuity Group set a $52.00 target price on shares of Rollins and gave the company a “hold” rating in a research report on Friday, February 13th. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Rollins has an average rating of “Moderate Buy” and an average target price of $66.08.

Insider Activity at Rollins

In related news, Chairman John F. Wilson sold 5,344 shares of the stock in a transaction dated Wednesday, January 28th. The stock was sold at an average price of $62.83, for a total transaction of $335,763.52. Following the sale, the chairman owned 594,705 shares of the company’s stock, valued at approximately $37,365,315.15. This represents a 0.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Chairman Gary W. Rollins sold 10,355 shares of the firm’s stock in a transaction dated Wednesday, January 28th. The stock was sold at an average price of $62.83, for a total value of $650,604.65. Following the completion of the transaction, the chairman owned 5,312,114 shares of the company’s stock, valued at approximately $333,760,122.62. This represents a 0.19% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 69,435 shares of company stock worth $4,321,384 in the last 90 days. 4.47% of the stock is owned by company insiders.

Rollins Stock Up 0.8%

ROL opened at $53.91 on Friday. Rollins, Inc. has a 12 month low of $49.73 and a 12 month high of $66.14. The company has a market cap of $25.99 billion, a PE ratio of 49.46, a price-to-earnings-growth ratio of 3.30 and a beta of 0.84. The company has a current ratio of 0.60, a quick ratio of 0.55 and a debt-to-equity ratio of 0.35. The company has a 50 day moving average of $58.77 and a 200 day moving average of $58.88.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, February 11th. The business services provider reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.02). The business had revenue of $912.91 million for the quarter, compared to the consensus estimate of $925.08 million. Rollins had a net margin of 14.00% and a return on equity of 38.16%. The company’s revenue was up 9.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.22 EPS. On average, sell-side 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 was paid on Tuesday, March 10th. Investors 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 dividend yield of 1.4%. The ex-dividend date was Wednesday, February 25th. Rollins’s payout ratio is presently 66.97%.

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.