Banco Bilbao Vizcaya Argentaria S.A. Sells 113,673 Shares of Rollins, Inc. (NYSE:ROL)

Banco Bilbao Vizcaya Argentaria S.A. lessened its position in Rollins, Inc. (NYSE:ROL) by 95.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 5,781 shares of the business services provider’s stock after selling 113,673 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Rollins were worth $268,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in ROL. Murphy & Mullick Capital Management Corp purchased a new position in shares of Rollins in the fourth quarter worth $29,000. Centricity Wealth Management LLC purchased a new stake in Rollins during the 4th quarter valued at $31,000. Mizuho Bank Ltd. purchased a new stake in Rollins during the 4th quarter valued at $37,000. Versant Capital Management Inc lifted its holdings in shares of Rollins by 57.8% during the 4th quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock valued at $41,000 after buying an additional 326 shares during the period. Finally, Atala Financial Inc purchased a new position in shares of Rollins in the 4th quarter worth $47,000. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Insider Activity

In other Rollins news, insider Traci Hornfeck sold 3,224 shares of the firm’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 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 transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Elizabeth B. Chandler sold 13,193 shares of the company’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 in the company, valued at $3,916,600.68. This trade 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 20,259 shares of company stock worth $1,047,330 over the last 90 days. Corporate insiders own 4.47% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. The Goldman Sachs Group set a $61.00 target price on Rollins and gave the company a “buy” rating in a report on Thursday, April 24th. Canaccord Genuity Group raised their price objective on shares of Rollins from $49.00 to $50.00 and gave the stock a “hold” rating in a report on Friday, April 25th. Morgan Stanley upped their target price 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. UBS Group boosted their price objective on shares of Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research report on Friday, January 17th. Finally, StockNews.com raised 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 four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $55.57.

Rollins Stock Up 0.5 %

Shares of ROL opened at $56.32 on Wednesday. Rollins, Inc. has a 12-month low of $44.29 and a 12-month high of $56.54. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $27.32 billion, a PE ratio of 58.67 and a beta of 0.80. The business’s 50 day moving average is $53.13 and its 200 day moving average is $50.28.

Rollins (NYSE:ROL) last released its earnings results on Wednesday, April 23rd. The business services provider reported $0.22 EPS for the quarter, hitting the consensus estimate of $0.22. The firm 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%. The company’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.20 earnings per share. Research analysts expect that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Dividend Announcement

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

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.