Rollins, Inc. $ROL Shares Sold by Rathbones Group PLC

Rathbones Group PLC cut its stake in shares of Rollins, Inc. (NYSE:ROL) by 1.9% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 1,920,435 shares of the business services provider’s stock after selling 37,682 shares during the period. Rathbones Group PLC’s holdings in Rollins were worth $115,265,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ROL. Board of the Pension Protection Fund purchased a new position in shares of Rollins during the 4th quarter valued at approximately $30,000. Root Financial Partners LLC bought a new stake in shares of Rollins during the 3rd quarter valued at about $31,000. CYBER HORNET ETFs LLC bought a new position in shares of Rollins during the second quarter valued at approximately $42,000. TruNorth Capital Management LLC acquired a new stake in Rollins in the third quarter worth $45,000. Finally, First Horizon Corp acquired a new stake in shares of Rollins in the 3rd quarter worth about $47,000. 51.79% of the stock is owned by hedge funds and other institutional investors.

Rollins Stock Performance

Shares of NYSE ROL opened at $53.91 on Monday. The company has a market cap of $25.99 billion, a P/E ratio of 49.46, a P/E/G ratio of 3.33 and a beta of 0.84. Rollins, Inc. has a 12 month low of $49.73 and a 12 month high of $66.14. The business’s 50 day moving average is $58.59 and its two-hundred day moving average is $58.90. The company has a quick ratio of 0.55, a current ratio of 0.60 and a debt-to-equity ratio of 0.35.

Rollins (NYSE:ROL) last released its quarterly earnings data 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). Rollins had a net margin of 14.00% and a return on equity of 38.16%. The firm had revenue of $912.91 million for the quarter, compared to the consensus estimate of $925.08 million. During the same quarter in the prior year, the firm posted $0.22 earnings per share. The business’s revenue for the quarter was up 9.7% on a year-over-year basis. On average, equities analysts expect that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

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

Insiders Place Their Bets

In other news, insider Thomas D. Tesh sold 2,396 shares of the stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of $60.06, for a total transaction of $143,903.76. Following the sale, the insider directly owned 29,231 shares of the company’s stock, valued at $1,755,613.86. This represents a 7.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman John F. Wilson sold 7,538 shares of the business’s stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $63.26, for a total value of $476,853.88. Following the sale, the chairman directly owned 600,049 shares of the company’s stock, valued at $37,959,099.74. This represents a 1.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 69,435 shares of company stock valued at $4,321,384 over the last three months. Company insiders own 4.47% of the company’s stock.

Analysts Set New Price Targets

ROL has been the topic of a number of recent analyst reports. Wells Fargo & Company set a $56.00 price objective on shares of Rollins and gave the company an “equal weight” rating in a research note on Thursday, February 12th. Bank of America started coverage on Rollins in a research report on Tuesday, February 17th. They set a “buy” rating and a $67.00 price objective for the company. Royal Bank Of Canada set a $67.00 price objective on Rollins and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Canaccord Genuity Group set a $52.00 price target on Rollins and gave the stock a “hold” rating in a research note on Friday, February 13th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Rollins in a research note on Monday, December 29th. Eleven research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $66.08.

Rollins 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.