Rollins, Inc. (NYSE:ROL) Shares Acquired by Impact Capital Partners LLC

Impact Capital Partners LLC increased its stake in shares of Rollins, Inc. (NYSE:ROL) by 2.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,009 shares of the business services provider’s stock after buying an additional 326 shares during the period. Impact Capital Partners LLC’s holdings in Rollins were worth $703,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Rollins by 9.7% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,192 shares of the business services provider’s stock worth $1,353,000 after buying an additional 2,574 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in Rollins by 169.6% during the fourth quarter. Jones Financial Companies Lllp now owns 2,658 shares of the business services provider’s stock worth $123,000 after buying an additional 1,672 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in Rollins during the fourth quarter worth about $4,943,000. Royal London Asset Management Ltd. boosted its holdings in Rollins by 15.3% during the fourth quarter. Royal London Asset Management Ltd. now owns 151,548 shares of the business services provider’s stock worth $7,024,000 after buying an additional 20,156 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in Rollins by 34.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 31,172 shares of the business services provider’s stock worth $1,454,000 after buying an additional 7,939 shares in the last quarter. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Insider Activity

In other news, insider Thomas D. Tesh sold 1,921 shares of the firm’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $51.78, for a total value of $99,469.38. Following the transaction, the insider now owns 41,173 shares of the company’s stock, valued at approximately $2,131,937.94. This trade represents a 4.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Chairman John F. Wilson sold 40,000 shares of the firm’s stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $56.77, for a total transaction of $2,270,800.00. Following the completion of the transaction, the chairman now directly owns 662,727 shares in the company, valued at approximately $37,623,011.79. This represents a 5.69% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 45,763 shares of company stock valued at $2,580,331. Company insiders own 4.47% of the company’s stock.

Rollins Stock Performance

Shares of ROL opened at $57.78 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69. The company has a market capitalization of $28.00 billion, a price-to-earnings ratio of 60.18 and a beta of 0.77. The company’s 50 day simple moving average is $55.75 and its 200 day simple moving average is $51.74. Rollins, Inc. has a 1 year low of $45.34 and a 1 year high of $58.65.

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

Rollins Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Monday, May 12th will be paid a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date is Monday, May 12th. Rollins’s dividend payout ratio is currently 66.67%.

Analysts Set New Price Targets

A number of analysts recently commented on ROL shares. Royal Bank of Canada boosted their price objective on shares of Rollins from $52.00 to $62.00 and gave the stock an “outperform” rating in a report on Thursday, April 17th. Morgan Stanley upped their price target on shares of Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. The Goldman Sachs Group set a $61.00 price target on shares of Rollins and gave the company a “buy” rating in a report on Thursday, April 24th. Barclays upped their price target on shares of Rollins from $50.00 to $55.00 and gave the company an “equal weight” rating in a report on Friday, April 4th. Finally, Wall Street Zen raised shares of Rollins from a “hold” rating to a “buy” rating in a report on Thursday, April 17th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $56.75.

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.