Andra AP fonden Takes Position in Rollins, Inc. (NYSE:ROL)

Andra AP fonden acquired a new stake in shares of Rollins, Inc. (NYSE:ROL) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,700 shares of the business services provider’s stock, valued at approximately $681,000.

Several other hedge funds have also recently modified their holdings of ROL. Brooklyn Investment Group acquired a new position in shares of Rollins during the third quarter valued at about $28,000. Centricity Wealth Management LLC acquired a new position in shares of Rollins during the fourth quarter valued at about $31,000. True Wealth Design LLC increased its holdings in shares of Rollins by 4,272.2% during the third quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 769 shares in the last quarter. Versant Capital Management Inc increased its holdings in shares of Rollins by 57.8% during the fourth quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 326 shares in the last quarter. Finally, Capital Performance Advisors LLP acquired a new position in shares of Rollins during the third quarter valued at about $52,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

Insiders Place Their Bets

In other news, insider Elizabeth B. Chandler sold 13,193 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $51.18, for a total transaction of $675,217.74. Following the transaction, the insider now owns 76,526 shares in the company, valued at $3,916,600.68. This trade represents a 14.70 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Traci Hornfeck sold 3,224 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total value of $171,194.40. Following the transaction, the insider now owns 9,602 shares in the company, valued at $509,866.20. This trade represents a 25.14 % decrease in their position. The disclosure for this sale can be found here. Insiders own 4.69% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on ROL shares. Canaccord Genuity Group increased their price target on shares of Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a report on Friday, February 14th. UBS Group increased their price target on shares of Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a report on Friday, January 17th. Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 price target on shares of Rollins in a report on Monday, January 6th. StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, February 19th. Finally, Morgan Stanley increased their price target on shares of Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $52.00.

Rollins Trading Up 0.2 %

Rollins stock opened at $51.80 on Monday. 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, Inc. has a 12 month low of $41.72 and a 12 month high of $53.72. The stock’s 50 day simple moving average is $49.24 and its two-hundred day simple moving average is $49.36. The firm has a market cap of $25.08 billion, a PE ratio of 53.95 and a beta of 0.78.

Rollins (NYSE:ROL) last released its quarterly earnings data 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%. Analysts anticipate that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th will be given a $0.165 dividend. The ex-dividend date is Tuesday, February 25th. This represents a $0.66 annualized dividend and a yield of 1.27%. Rollins’s dividend payout ratio is presently 68.75%.

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.