4,202 Shares in Rollins, Inc. (NYSE:ROL) Acquired by Unique Wealth LLC

Unique Wealth LLC purchased a new position in shares of Rollins, Inc. (NYSE:ROL) during the 1st quarter, HoldingsChannel reports. The institutional investor purchased 4,202 shares of the business services provider’s stock, valued at approximately $227,000.

Several other institutional investors and hedge funds have also bought and sold shares of ROL. Norges Bank bought a new position in Rollins during the 4th quarter worth approximately $176,784,000. Marshall Wace LLP grew its position in Rollins by 389.2% during the 4th quarter. Marshall Wace LLP now owns 2,770,131 shares of the business services provider’s stock worth $128,396,000 after acquiring an additional 2,203,859 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Rollins during the 4th quarter worth approximately $81,747,000. Raymond James Financial Inc. bought a new position in Rollins during the 4th quarter worth approximately $74,249,000. Finally, Geode Capital Management LLC grew its position in Rollins by 17.6% during the 4th quarter. Geode Capital Management LLC now owns 8,557,923 shares of the business services provider’s stock worth $395,819,000 after acquiring an additional 1,282,508 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on ROL shares. 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. The Goldman Sachs Group set a $61.00 price objective on Rollins and gave the stock a “buy” rating in a report on Thursday, April 24th. Wall Street Zen upgraded Rollins from a “hold” rating to a “buy” rating in a report on Thursday, April 17th. Barclays increased their price objective on Rollins from $50.00 to $55.00 and gave the stock an “equal weight” rating in a report on Friday, April 4th. Finally, Jefferies Financial Group upgraded Rollins from a “hold” rating to a “buy” rating and increased their price objective for the stock from $55.00 to $65.00 in a report on Monday, June 2nd. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Rollins has a consensus rating of “Moderate Buy” and an average target price of $56.75.

Insider Activity

In other Rollins news, insider Thomas D. Tesh sold 1,921 shares of Rollins stock in a transaction on Friday, May 9th. The stock was sold at an average price of $56.54, for a total transaction of $108,613.34. Following the completion of the transaction, the insider now owns 38,028 shares in the company, valued at approximately $2,150,103.12. The trade was a 4.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman John F. Wilson sold 40,000 shares of Rollins stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $56.77, for a total value of $2,270,800.00. Following the transaction, the chairman now owns 662,727 shares of the company’s stock, valued at $37,623,011.79. The trade was a 5.69% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 45,763 shares of company stock worth $2,580,331 in the last quarter. 4.47% of the stock is owned by company insiders.

Rollins Trading Down 0.1%

ROL opened at $57.78 on Friday. The stock has a market cap of $28.00 billion, a PE ratio of 60.18 and a beta of 0.77. 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 business has a 50 day moving average of $55.75 and a 200-day moving average of $51.74. Rollins, Inc. has a 52 week low of $45.34 and a 52 week high of $58.65.

Rollins (NYSE:ROL) last released its earnings results on Wednesday, April 23rd. The business services provider reported $0.22 EPS for the quarter, meeting analysts’ consensus estimates of $0.22. The company had revenue of $822.50 million during the quarter, compared to analysts’ expectations 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 quarter last year, the business posted $0.20 EPS. Equities research analysts predict that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Announces Dividend

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. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend is Monday, May 12th. Rollins’s payout ratio is presently 66.67%.

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.