Rollins, Inc. (NYSE:ROL) Shares Bought by Norinchukin Bank The

Norinchukin Bank The raised its holdings in shares of Rollins, Inc. (NYSE:ROL) by 2.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 505,525 shares of the business services provider’s stock after acquiring an additional 10,740 shares during the quarter. Norinchukin Bank The owned approximately 0.10% of Rollins worth $23,431,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Murphy & Mullick Capital Management Corp purchased a new stake in Rollins during the fourth quarter worth approximately $29,000. Centricity Wealth Management LLC acquired a new stake in Rollins during the fourth quarter worth approximately $31,000. Mizuho Bank Ltd. purchased a new stake in shares of Rollins during the 4th quarter worth approximately $37,000. Versant Capital Management Inc boosted its holdings in shares of Rollins by 57.8% in the 4th quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock valued at $41,000 after buying an additional 326 shares in the last quarter. Finally, Atala Financial Inc purchased a new position in shares of Rollins in the 4th quarter valued at $47,000. 51.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ROL has been the subject of a number of research reports. Barclays boosted 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. Canaccord Genuity Group boosted their target price on Rollins from $48.00 to $49.00 and gave the company a “hold” rating in a report on Friday, February 14th. Royal Bank of Canada raised their price target on Rollins from $52.00 to $62.00 and gave the stock an “outperform” rating in a research note on Thursday. Morgan Stanley boosted their price objective on Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. Finally, UBS Group increased their price objective on Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a report on Friday, January 17th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Rollins currently has an average rating of “Hold” and an average target price of $54.50.

Insider Buying and Selling at Rollins

In other Rollins news, insider Traci Hornfeck sold 3,224 shares of the firm’s stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total value of $171,194.40. Following the completion of the sale, the insider now owns 9,602 shares of the company’s stock, valued at approximately $509,866.20. This trade represents a 25.14 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Thomas D. Tesh sold 1,921 shares of the business’s stock in a transaction on Monday, March 10th. The stock was sold at an average price of $51.78, for a total transaction of $99,469.38. Following the sale, the insider now owns 41,173 shares in the company, valued at $2,131,937.94. The trade was a 4.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 20,259 shares of company stock valued at $1,047,330. 4.47% of the stock is owned by corporate insiders.

Rollins Stock Up 1.4 %

ROL opened at $55.80 on Friday. Rollins, Inc. has a 52 week low of $42.19 and a 52 week high of $56.26. The business has a 50 day moving average price of $52.47 and a two-hundred day moving average price of $49.99. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30. The company has a market cap of $27.07 billion, a PE ratio of 58.13 and a beta of 0.80.

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

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 25th were given 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 yield of 1.18%. Rollins’s payout ratio is currently 68.75%.

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.