Sumitomo Mitsui Trust Group Inc. Has $31.62 Million Stock Holdings in Rollins, Inc. (NYSE:ROL)

Sumitomo Mitsui Trust Group Inc. decreased its position in shares of Rollins, Inc. (NYSE:ROL) by 1.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 682,105 shares of the business services provider’s stock after selling 13,378 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned approximately 0.14% of Rollins worth $31,616,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. CWM LLC lifted its stake in shares of Rollins by 74.5% in the 3rd quarter. CWM LLC now owns 17,682 shares of the business services provider’s stock valued at $894,000 after purchasing an additional 7,549 shares during the period. Livforsakringsbolaget Skandia Omsesidigt lifted its stake in shares of Rollins by 888.9% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,225 shares of the business services provider’s stock valued at $112,000 after purchasing an additional 2,000 shares during the period. Exchange Traded Concepts LLC lifted its stake in shares of Rollins by 157.7% in the 3rd quarter. Exchange Traded Concepts LLC now owns 10,028 shares of the business services provider’s stock valued at $507,000 after purchasing an additional 6,137 shares during the period. Koshinski Asset Management Inc. lifted its stake in shares of Rollins by 10.5% in the 3rd quarter. Koshinski Asset Management Inc. now owns 12,224 shares of the business services provider’s stock valued at $618,000 after purchasing an additional 1,160 shares during the period. Finally, Creative Planning lifted its stake in shares of Rollins by 27.1% in the 3rd quarter. Creative Planning now owns 23,169 shares of the business services provider’s stock valued at $1,172,000 after purchasing an additional 4,946 shares during the period. Institutional investors and hedge funds own 51.79% of the company’s stock.

Insiders Place Their Bets

In other news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $49.88, for a total transaction of $735,730.00. Following the completion of the transaction, the insider now directly owns 124,214 shares in the company, valued at $6,195,794.32. This represents a 10.61 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 4.69% of the company’s stock.

Rollins Price Performance

ROL stock opened at $49.90 on Wednesday. The stock has a 50-day moving average price of $47.99 and a two-hundred day moving average price of $48.92. The stock has a market cap of $24.17 billion, a PE ratio of 51.98 and a beta of 0.76. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 0.34. Rollins, Inc. has a 1 year low of $40.41 and a 1 year high of $52.16.

Rollins Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th will be issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date of this dividend is Tuesday, February 25th. Rollins’s dividend payout ratio (DPR) is presently 68.75%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on ROL shares. Barclays started coverage on Rollins in a research note on Monday, November 4th. They issued an “equal weight” rating and a $50.00 price target on the stock. Wells Fargo & Company upped their price objective on shares of Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research report on Monday, December 16th. Royal Bank of Canada restated an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research report on Monday, January 6th. UBS Group upped their price objective on shares of Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research report on Friday, January 17th. Finally, Morgan Stanley upped their price objective on shares of Rollins from $46.00 to $48.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $51.50.

Rollins Profile

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.