Quantinno Capital Management LP Purchases 60,455 Shares of Rollins, Inc. (NYSE:ROL)

Quantinno Capital Management LP raised its stake in shares of Rollins, Inc. (NYSE:ROL) by 52.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 175,262 shares of the business services provider’s stock after purchasing an additional 60,455 shares during the period. Quantinno Capital Management LP’s holdings in Rollins were worth $8,123,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Murphy & Mullick Capital Management Corp bought a new position in Rollins during the 4th quarter worth $29,000. Centricity Wealth Management LLC bought a new position in Rollins during the 4th quarter worth $31,000. Mizuho Bank Ltd. bought a new position in Rollins during the 4th quarter worth $37,000. Atala Financial Inc bought a new position in Rollins during the 4th quarter worth $47,000. Finally, Colonial Trust Co SC raised its position in Rollins by 61.3% during the 4th quarter. Colonial Trust Co SC now owns 1,081 shares of the business services provider’s stock worth $50,000 after purchasing an additional 411 shares during the last quarter. 51.79% of the stock is owned by institutional investors.

Rollins Stock Performance

Shares of ROL opened at $56.35 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62. The stock has a 50-day moving average of $54.19 and a 200-day moving average of $50.88. The company has a market cap of $27.31 billion, a PE ratio of 58.70 and a beta of 0.79. Rollins, Inc. has a one year low of $45.00 and a one year high of $57.43.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, April 23rd. The business services provider reported $0.22 EPS for the quarter, meeting the consensus estimate of $0.22. The company had revenue of $822.50 million during the quarter, compared to the consensus estimate of $817.09 million. Rollins had a return on equity of 37.94% and a net margin of 13.76%. The firm’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period last year, the business posted $0.20 EPS. On average, equities research analysts predict that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Dividend Announcement

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

Wall Street Analysts Forecast Growth

ROL has been the subject of several analyst reports. Canaccord Genuity Group raised their target price on Rollins from $49.00 to $50.00 and gave the stock a “hold” rating in a research report on Friday, April 25th. Morgan Stanley lifted their price objective on Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. The Goldman Sachs Group set a $61.00 price objective on Rollins and gave the stock a “buy” rating in a research report on Thursday, April 24th. Barclays lifted their price objective on Rollins from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Friday, April 4th. Finally, StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a research report on Thursday, April 17th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $55.57.

Insider Activity

In other Rollins news, insider Traci Hornfeck sold 3,224 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The stock was 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 directly owns 9,602 shares of the company’s stock, valued at approximately $509,866.20. The trade was a 25.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Elizabeth B. Chandler sold 13,193 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $51.18, for a total value of $675,217.74. Following the sale, the insider now directly owns 76,526 shares of the company’s stock, valued at $3,916,600.68. This represents a 14.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 22,180 shares of company stock worth $1,155,943 in the last three months. Company insiders own 4.47% of the company’s stock.

Rollins Company 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.