S.A. Mason LLC Reduces Holdings in Rollins, Inc. (NYSE:ROL)

S.A. Mason LLC reduced its holdings in shares of Rollins, Inc. (NYSE:ROL) by 6.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,449 shares of the business services provider’s stock after selling 1,600 shares during the period. S.A. Mason LLC’s holdings in Rollins were worth $1,024,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in ROL. Parkside Financial Bank & Trust increased its holdings in Rollins by 5.3% in the 2nd quarter. Parkside Financial Bank & Trust now owns 4,927 shares of the business services provider’s stock worth $211,000 after acquiring an additional 250 shares in the last quarter. Thrivent Financial for Lutherans raised its position in shares of Rollins by 2.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 9,871 shares of the business services provider’s stock valued at $342,000 after purchasing an additional 258 shares during the period. Avantax Advisory Services Inc. lifted its stake in shares of Rollins by 3.8% during the 3rd quarter. Avantax Advisory Services Inc. now owns 7,150 shares of the business services provider’s stock valued at $267,000 after buying an additional 263 shares in the last quarter. Horizon Investments LLC boosted its holdings in Rollins by 7.7% in the 2nd quarter. Horizon Investments LLC now owns 3,889 shares of the business services provider’s stock worth $166,000 after buying an additional 277 shares during the period. Finally, Apeiron RIA LLC increased its stake in Rollins by 3.7% in the 3rd quarter. Apeiron RIA LLC now owns 9,210 shares of the business services provider’s stock worth $344,000 after buying an additional 332 shares in the last quarter. 51.79% of the stock is currently owned by institutional investors.

Rollins Stock Up 1.9 %

Shares of NYSE ROL opened at $46.70 on Thursday. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.42. Rollins, Inc. has a 12-month low of $32.19 and a 12-month high of $47.45. The firm’s 50-day moving average price is $44.19 and its 200-day moving average price is $41.03. The stock has a market capitalization of $22.63 billion, a price-to-earnings ratio of 53.07, a P/E/G ratio of 3.62 and a beta of 0.63.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, February 14th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.21. The business had revenue of $754.10 million for the quarter, compared to the consensus estimate of $753.40 million. Rollins had a return on equity of 35.97% and a net margin of 14.15%. The company’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.17 earnings per share. On average, equities research analysts anticipate that Rollins, Inc. will post 0.99 EPS for the current fiscal year.

Rollins Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Wednesday, February 21st were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.28%. The ex-dividend date of this dividend was Tuesday, February 20th. Rollins’s payout ratio is 68.18%.

Analysts Set New Price Targets

Several analysts recently issued reports on ROL shares. UBS Group cut their target price on Rollins from $50.00 to $49.00 and set a “buy” rating for the company in a research report on Friday, February 16th. Morgan Stanley began coverage on shares of Rollins in a research report on Thursday, December 21st. They set an “equal weight” rating and a $42.00 price objective on the stock. Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 target price on shares of Rollins in a research note on Thursday, February 15th. The Goldman Sachs Group began coverage on shares of Rollins in a report on Tuesday, January 2nd. They issued a “buy” rating and a $49.00 price target on the stock. Finally, StockNews.com lowered Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.83.

Insider Buying and Selling at Rollins

In other news, insider Traci Hornfeck sold 2,677 shares of the firm’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $43.48, for a total value of $116,395.96. Following the completion of the sale, the insider now owns 14,376 shares in the company, valued at approximately $625,068.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other Rollins news, insider Traci Hornfeck sold 2,677 shares of the company’s stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $43.48, for a total value of $116,395.96. Following the transaction, the insider now owns 14,376 shares of the company’s stock, valued at approximately $625,068.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Thomas D. Tesh sold 5,147 shares of Rollins stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $46.00, for a total value of $236,762.00. Following the sale, the insider now owns 35,387 shares of the company’s stock, valued at $1,627,802. The disclosure for this sale can be found here. Insiders have sold 22,824 shares of company stock worth $994,558 over the last quarter. Insiders own 4.69% of the company’s stock.

About Rollins

Rollins, Inc, through its subsidiaries, provides pest and wildlife control services to residential and commercial customers in the United States and internationally. The company offers pest control services to residential properties protecting from common pests, including rodents, insects, and wildlife.