Rollins, Inc. (NYSE:ROL) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Rollins, Inc. (NYSE:ROL) have been assigned an average recommendation of “Hold” from the seven brokerages that are presently covering the company, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $55.57.

Several equities analysts have recently issued reports on the stock. Canaccord Genuity Group boosted their price target on shares of Rollins from $49.00 to $50.00 and gave the company a “hold” rating in a report on Friday, April 25th. StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a research note on Thursday, April 17th. Morgan Stanley raised their price target on Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Royal Bank of Canada boosted their price objective on Rollins from $52.00 to $62.00 and gave the company an “outperform” rating in a research report on Thursday, April 17th. Finally, Barclays raised their target price on shares of Rollins from $50.00 to $55.00 and gave the stock an “equal weight” rating in a report on Friday, April 4th.

Rollins Trading Up 0.5 %

NYSE:ROL opened at $56.32 on Wednesday. The firm has a market capitalization of $27.32 billion, a price-to-earnings ratio of 58.67 and a beta of 0.80. Rollins has a 1-year low of $44.29 and a 1-year high of $56.54. The business’s 50-day moving average price is $53.13 and its two-hundred day moving average price is $50.28. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30.

Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $0.22 earnings per share for the quarter, hitting the consensus estimate of $0.22. Rollins had a net margin of 13.76% and a return on equity of 37.94%. The business had revenue of $822.50 million for the quarter, compared to analyst estimates of $817.09 million. During the same quarter last year, the firm earned $0.20 EPS. Rollins’s quarterly revenue was up 9.9% compared to the same quarter last year. On average, equities analysts expect that Rollins will post 1.09 earnings per share for the current year.

Rollins Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Monday, May 12th will be issued a $0.165 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.17%. Rollins’s dividend payout ratio (DPR) is presently 66.67%.

Insider Transactions at Rollins

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

Institutional Investors Weigh In On Rollins

A number of institutional investors and hedge funds have recently made changes to their positions in ROL. Barclays PLC raised its position in Rollins by 34.8% during the third quarter. Barclays PLC now owns 721,467 shares of the business services provider’s stock worth $36,491,000 after acquiring an additional 186,452 shares in the last quarter. Anchor Investment Management LLC lifted its stake in Rollins by 724.3% in the 3rd quarter. Anchor Investment Management LLC now owns 1,797 shares of the business services provider’s stock valued at $91,000 after purchasing an additional 1,579 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in Rollins during the third quarter worth about $388,000. Tidal Investments LLC grew its holdings in Rollins by 9.7% during the third quarter. Tidal Investments LLC now owns 16,005 shares of the business services provider’s stock worth $810,000 after purchasing an additional 1,414 shares during the period. Finally, Asset Advisors Investment Management LLC acquired a new position in Rollins during the third quarter worth approximately $228,000. Institutional investors 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.