Rollins, Inc. (NYSE:ROL) Shares Purchased by Retirement Systems of Alabama

Retirement Systems of Alabama increased its holdings in Rollins, Inc. (NYSE:ROL) by 7.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 182,014 shares of the business services provider’s stock after purchasing an additional 13,336 shares during the quarter. Retirement Systems of Alabama’s holdings in Rollins were worth $7,949,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Lindbrook Capital LLC lifted its position in shares of Rollins by 72.4% during the 4th quarter. Lindbrook Capital LLC now owns 619 shares of the business services provider’s stock valued at $27,000 after buying an additional 260 shares in the last quarter. Operose Advisors LLC purchased a new position in Rollins during the third quarter valued at $47,000. First Horizon Advisors Inc. grew its position in shares of Rollins by 224.5% in the third quarter. First Horizon Advisors Inc. now owns 1,603 shares of the business services provider’s stock valued at $60,000 after purchasing an additional 1,109 shares during the period. Blue Trust Inc. increased its stake in shares of Rollins by 65.9% during the fourth quarter. Blue Trust Inc. now owns 1,453 shares of the business services provider’s stock worth $63,000 after purchasing an additional 577 shares in the last quarter. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in shares of Rollins during the 3rd quarter worth about $75,000. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Insider Buying and Selling at Rollins

In other news, CFO Kenneth D. Krause sold 5,000 shares of the firm’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 transaction of $230,900.00. Following the completion of the sale, the chief financial officer now owns 99,078 shares in the company, valued at approximately $4,575,422.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Rollins news, insider Traci Hornfeck sold 2,677 shares of the company’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $43.48, for a total value of $116,395.96. Following the transaction, the insider now owns 14,376 shares of the company’s stock, valued at $625,068.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, 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 transaction of $230,900.00. Following the completion of the sale, the chief financial officer now directly owns 99,078 shares in the company, valued at $4,575,422.04. The disclosure for this sale can be found here. Insiders have sold 27,824 shares of company stock worth $1,219,558 in the last ninety days. 4.69% of the stock is owned by insiders.

Rollins Stock Performance

Shares of Rollins stock opened at $46.12 on Friday. The business’s 50 day moving average price is $44.88 and its 200 day moving average price is $42.42. The company has a market cap of $22.33 billion, a price-to-earnings ratio of 51.82, a PEG ratio of 3.42 and a beta of 0.65. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.66 and a current ratio of 0.72. Rollins, Inc. has a one year low of $32.19 and a one year high of $47.45.

Rollins (NYSE:ROL) last issued its earnings results 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. The business had revenue of $748.35 million during the quarter, compared to the consensus estimate of $739.12 million. Rollins had a return on equity of 37.73% and a net margin of 13.94%. The company’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same period last year, the company earned $0.18 EPS. On average, research analysts predict that Rollins, Inc. will post 1 EPS for the current year.

Rollins Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Friday, May 10th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date is Thursday, May 9th. Rollins’s dividend payout ratio (DPR) is presently 67.42%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a report on Thursday, April 25th. UBS Group reaffirmed a “neutral” rating and issued a $49.00 price target on shares of Rollins in a research note on Monday, April 15th. Royal Bank of Canada reiterated an “outperform” rating and set a $52.00 price target on shares of Rollins in a research report on Thursday, February 15th. Finally, Morgan Stanley raised their price objective on Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a report on Friday, April 26th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Rollins presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.00.

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.