Daiwa Securities Group Inc. Has $1.15 Million Stock Holdings in Rollins, Inc. (NYSE:ROL)

Daiwa Securities Group Inc. boosted its stake in Rollins, Inc. (NYSE:ROL) by 23.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 26,389 shares of the business services provider’s stock after purchasing an additional 5,026 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Rollins were worth $1,152,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Avantax Advisory Services Inc. grew its holdings in Rollins by 3.8% in the third quarter. Avantax Advisory Services Inc. now owns 7,150 shares of the business services provider’s stock worth $267,000 after purchasing an additional 263 shares during the period. Apeiron RIA LLC lifted its stake in shares of Rollins by 3.7% in the third quarter. Apeiron RIA LLC now owns 9,210 shares of the business services provider’s stock valued at $344,000 after buying an additional 332 shares in the last quarter. Ballentine Partners LLC lifted its stake in shares of Rollins by 5.9% in the fourth quarter. Ballentine Partners LLC now owns 7,126 shares of the business services provider’s stock valued at $311,000 after buying an additional 396 shares in the last quarter. Parkside Financial Bank & Trust lifted its stake in shares of Rollins by 10.3% in the third quarter. Parkside Financial Bank & Trust now owns 5,434 shares of the business services provider’s stock valued at $203,000 after buying an additional 507 shares in the last quarter. Finally, Wealth Alliance lifted its stake in shares of Rollins by 7.3% in the fourth quarter. Wealth Alliance now owns 7,642 shares of the business services provider’s stock valued at $334,000 after buying an additional 522 shares in the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Elizabeth B. Chandler sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total transaction of $410,500.00. Following the completion of the sale, the insider now owns 99,709 shares in the company, valued at $4,093,054.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CFO Kenneth D. Krause sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $46.18, for a total value of $230,900.00. Following the sale, the chief financial officer now owns 99,078 shares of the company’s stock, valued at $4,575,422.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Elizabeth B. Chandler sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total transaction of $410,500.00. Following the completion of the sale, the insider now directly owns 99,709 shares in the company, valued at approximately $4,093,054.45. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 22,824 shares of company stock worth $994,558. Insiders own 4.69% of the company’s stock.

Rollins Stock Up 0.5 %

ROL opened at $42.87 on Thursday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.71 and a quick ratio of 0.65. The company’s 50-day moving average is $44.41 and its 200 day moving average is $42.04. Rollins, Inc. has a fifty-two week low of $32.19 and a fifty-two week high of $47.45. The firm has a market capitalization of $20.77 billion, a P/E ratio of 48.72, a PEG ratio of 3.37 and a beta of 0.63.

Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, April 24th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.20. Rollins had a net margin of 14.15% and a return on equity of 35.97%. The business had revenue of $748.35 million during the quarter, compared to the consensus estimate of $739.12 million. During the same quarter last year, the company posted $0.18 earnings per share. The firm’s quarterly revenue was up 13.7% compared to the same quarter last year. Research analysts expect that Rollins, Inc. will post 0.99 earnings per share for the current fiscal year.

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Friday, May 10th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.40%. Rollins’s dividend payout ratio (DPR) is presently 68.18%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ROL. StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a research note on Thursday. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research note on Thursday, February 15th. The Goldman Sachs Group assumed coverage on shares of Rollins in a research report on Tuesday, January 2nd. They set a “buy” rating and a $49.00 price target on the stock. Finally, UBS Group reissued a “neutral” rating and set a $49.00 price target on shares of Rollins in a research report on Monday, April 15th. Three 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, Rollins has an average rating of “Moderate Buy” and a consensus target price of $46.83.

About Rollins

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.