Meeder Asset Management Inc. Has $1.56 Million Stock Holdings in Rollins, Inc. (NYSE:ROL)

Meeder Asset Management Inc. decreased its holdings in shares of Rollins, Inc. (NYSE:ROL) by 8.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,623 shares of the business services provider’s stock after selling 3,207 shares during the quarter. Meeder Asset Management Inc.’s holdings in Rollins were worth $1,558,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of ROL. Eastern Bank boosted its holdings in shares of Rollins by 0.5% during the 4th quarter. Eastern Bank now owns 50,410 shares of the business services provider’s stock worth $2,337,000 after buying an additional 236 shares during the period. Kensington Investment Counsel LLC lifted its position in Rollins by 0.7% during the 4th quarter. Kensington Investment Counsel LLC now owns 38,120 shares of the business services provider’s stock worth $1,767,000 after acquiring an additional 263 shares during the last quarter. New York Life Investment Management LLC boosted its holdings in Rollins by 0.7% during the fourth quarter. New York Life Investment Management LLC now owns 37,794 shares of the business services provider’s stock valued at $1,752,000 after acquiring an additional 274 shares during the period. Motley Fool Asset Management LLC grew its position in shares of Rollins by 3.0% in the third quarter. Motley Fool Asset Management LLC now owns 10,072 shares of the business services provider’s stock valued at $509,000 after purchasing an additional 289 shares during the last quarter. Finally, SRS Capital Advisors Inc. lifted its position in shares of Rollins by 25.7% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider’s stock worth $66,000 after purchasing an additional 292 shares during the last quarter. Institutional investors own 51.79% of the company’s stock.

Insiders Place Their Bets

In related news, insider Traci Hornfeck sold 3,224 shares of the stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total transaction of $171,194.40. Following the completion of the sale, the insider now owns 9,602 shares in the company, valued at $509,866.20. This trade represents a 25.14 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Elizabeth B. Chandler sold 13,193 shares of the business’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $51.18, for a total transaction of $675,217.74. Following the completion of the transaction, the insider now owns 76,526 shares in the company, valued at approximately $3,916,600.68. This trade represents a 14.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 18,338 shares of company stock worth $945,882 over the last three months. 4.47% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on ROL shares. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research report on Monday, January 6th. Canaccord Genuity Group boosted their target price on shares of Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research report on Friday, February 14th. Wells Fargo & Company upped their target price on shares of Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, March 12th. Finally, 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. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $52.00.

Rollins Price Performance

NYSE:ROL opened at $53.04 on Monday. The company has a market capitalization of $25.73 billion, a price-to-earnings ratio of 55.25 and a beta of 0.78. The company has a 50-day moving average of $50.88 and a 200-day moving average of $49.56. Rollins, Inc. has a 52 week low of $41.72 and a 52 week high of $54.00. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69.

Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. As a group, equities research analysts anticipate that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th were given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date was Tuesday, February 25th. Rollins’s dividend payout ratio (DPR) is 68.75%.

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.