Insider Selling: Rollins, Inc. (NYSE:ROL) Insider Sells $101,448.01 in Stock

Rollins, Inc. (NYSE:ROL) insider Thomas D. Tesh sold 1,921 shares of the business’s stock in a transaction that occurred on Thursday, April 10th. The stock was sold at an average price of $52.81, for a total value of $101,448.01. Following the transaction, the insider now owns 39,640 shares in the company, valued at $2,093,388.40. The trade was a 4.62 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Rollins Price Performance

Shares of NYSE ROL opened at $55.30 on Monday. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30. The stock has a market cap of $26.82 billion, a price-to-earnings ratio of 57.60 and a beta of 0.80. The company’s 50-day moving average price is $51.91 and its 200 day moving average price is $49.80. Rollins, Inc. has a 52 week low of $41.72 and a 52 week high of $56.26.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, meeting the consensus estimate of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. As a group, research analysts forecast 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. Stockholders of record on Tuesday, February 25th were issued a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.19%. Rollins’s dividend payout ratio (DPR) is 68.75%.

Analyst Upgrades and Downgrades

ROL has been the topic of a number of analyst reports. Royal Bank of Canada restated an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research note on Monday, January 6th. UBS Group upped their price target on shares of Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research note on Friday, January 17th. Wells Fargo & Company raised their price objective 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. Canaccord Genuity Group upped 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. Finally, Barclays lifted their price target on shares of Rollins from $50.00 to $55.00 and gave the company an “equal weight” rating in a research report on Friday, April 4th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $52.83.

Institutional Trading of Rollins

A number of large investors have recently made changes to their positions in the stock. Gateway Investment Advisers LLC raised its stake in Rollins by 31.0% in the 1st quarter. Gateway Investment Advisers LLC now owns 15,511 shares of the business services provider’s stock valued at $838,000 after purchasing an additional 3,667 shares during the last quarter. KFG Wealth Management LLC grew its holdings in shares of Rollins by 1.9% during the first quarter. KFG Wealth Management LLC now owns 11,305 shares of the business services provider’s stock worth $611,000 after buying an additional 211 shares in the last quarter. Impact Capital Partners LLC lifted its stake in shares of Rollins by 2.6% during the first quarter. Impact Capital Partners LLC now owns 13,009 shares of the business services provider’s stock valued at $703,000 after buying an additional 326 shares during the period. Unique Wealth LLC acquired a new stake in Rollins during the first quarter worth approximately $227,000. Finally, Signal Advisors Wealth LLC grew its stake in Rollins by 2.7% in the 1st quarter. Signal Advisors Wealth LLC now owns 31,738 shares of the business services provider’s stock worth $1,714,000 after acquiring an additional 826 shares during the period. Institutional investors and hedge funds own 51.79% 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.