Rollins, Inc. (NYSE:ROL) Stake Increased by California State Teachers Retirement System

California State Teachers Retirement System raised its stake in shares of Rollins, Inc. (NYSE:ROLFree Report) by 5.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 459,608 shares of the business services provider’s stock after acquiring an additional 22,245 shares during the quarter. California State Teachers Retirement System owned approximately 0.09% of Rollins worth $20,071,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Treasurer of the State of North Carolina grew its stake in Rollins by 14.9% in the third quarter. Treasurer of the State of North Carolina now owns 118,662 shares of the business services provider’s stock worth $4,430,000 after purchasing an additional 15,393 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Rollins by 7.4% in the 4th quarter. BNP Paribas Financial Markets now owns 268,067 shares of the business services provider’s stock valued at $11,706,000 after acquiring an additional 18,510 shares during the last quarter. Caprock Group LLC acquired a new stake in shares of Rollins during the 4th quarter valued at approximately $1,617,000. Dimensional Fund Advisors LP lifted its stake in Rollins by 9.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,865,122 shares of the business services provider’s stock worth $81,452,000 after purchasing an additional 160,373 shares during the last quarter. Finally, Asset Management One Co. Ltd. boosted its holdings in Rollins by 17.7% in the fourth quarter. Asset Management One Co. Ltd. now owns 171,348 shares of the business services provider’s stock worth $7,498,000 after purchasing an additional 25,709 shares during the period. 51.79% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Rollins

In other news, CFO Kenneth D. Krause sold 3,331 shares of the company’s stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of $47.50, for a total value of $158,222.50. Following the completion of the sale, the chief financial officer now directly owns 90,747 shares of the company’s stock, valued at approximately $4,310,482.50. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, CFO Kenneth D. Krause sold 3,331 shares of the business’s stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of $47.50, for a total value of $158,222.50. Following the sale, the chief financial officer now owns 90,747 shares of the company’s stock, valued at approximately $4,310,482.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Kenneth D. Krause sold 5,000 shares of the company’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of $45.00, for a total value of $225,000.00. Following the completion of the sale, the chief financial officer now owns 94,078 shares of the company’s stock, valued at approximately $4,233,510. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 18,478 shares of company stock valued at $850,885. Company insiders own 4.69% of the company’s stock.

Rollins Stock Performance

Shares of NYSE ROL opened at $47.42 on Friday. Rollins, Inc. has a 12-month low of $32.19 and a 12-month high of $47.69. The company has a market cap of $22.96 billion, a PE ratio of 53.28, a P/E/G ratio of 3.62 and a beta of 0.66. The stock has a 50 day simple moving average of $45.41 and a 200-day simple moving average of $44.02. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.44.

Rollins (NYSE:ROLGet Free Report) last announced its quarterly 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 company had revenue of $748.35 million during the quarter, compared to analyst estimates of $739.12 million. Rollins had a return on equity of 37.73% and a net margin of 13.94%. The firm’s quarterly revenue was up 13.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.18 EPS. On average, equities research analysts forecast that Rollins, Inc. will post 1 EPS for the current year.

Rollins Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Friday, May 10th will be given a $0.15 dividend. The ex-dividend date of this dividend is Thursday, May 9th. This represents a $0.60 dividend on an annualized basis and a yield of 1.27%. Rollins’s dividend payout ratio is presently 67.42%.

Wall Street Analysts Forecast Growth

ROL has been the topic of a number of recent research reports. Morgan Stanley raised their price target on shares of Rollins from $42.00 to $43.00 and gave the stock an “equal weight” rating in a research report on Friday, April 26th. UBS Group reissued a “neutral” rating and issued a $49.00 target price on shares of Rollins in a report on Monday, April 15th. StockNews.com lowered Rollins from a “buy” rating to a “hold” rating in a report on Thursday, April 25th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price target on shares of Rollins in a report on Thursday, February 15th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $47.00.

Check Out Our Latest Research Report on ROL

Rollins Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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