MJP Associates Inc. ADV Makes New $235,000 Investment in Rollins, Inc. (NYSE:ROL)

MJP Associates Inc. ADV acquired a new stake in shares of Rollins, Inc. (NYSE:ROL) during the fourth quarter, HoldingsChannel reports. The firm acquired 5,386 shares of the business services provider’s stock, valued at approximately $235,000.

Several other institutional investors have also bought and sold shares of ROL. Eagle Bay Advisors LLC bought a new position in shares of Rollins in the second quarter valued at approximately $29,000. KB Financial Partners LLC purchased a new position in shares of Rollins in the first quarter worth approximately $32,000. Cornerstone Planning Group LLC purchased a new stake in Rollins in the 2nd quarter worth approximately $47,000. Fred Alger Management LLC acquired a new stake in Rollins during the third quarter valued at $41,000. Finally, Operose Advisors LLC purchased a new position in Rollins in the third quarter valued at about $47,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 price target 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 objective on the stock. Morgan Stanley assumed coverage on shares of Rollins in a research note on Thursday, December 21st. They issued an “equal weight” rating and a $42.00 price objective for the company. StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. Finally, UBS Group lowered their price target on Rollins from $50.00 to $49.00 and set a “buy” rating on the stock in a research report on Friday, February 16th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $46.83.

Rollins Trading Down 0.9 %

NYSE ROL traded down $0.43 during trading on Thursday, reaching $46.27. 1,364,041 shares of the stock traded hands, compared to its average volume of 1,952,683. Rollins, Inc. has a fifty-two week low of $32.19 and a fifty-two week high of $47.45. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.42. The firm has a market cap of $22.42 billion, a price-to-earnings ratio of 53.07, a price-to-earnings-growth ratio of 3.62 and a beta of 0.63. The stock’s 50-day moving average price is $44.19 and its 200 day moving average price is $41.03.

Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, February 14th. The business services provider reported $0.21 earnings per share for the quarter, hitting the consensus estimate of $0.21. The company had revenue of $754.10 million during the quarter, compared to analysts’ expectations of $753.40 million. Rollins had a return on equity of 35.97% and a net margin of 14.15%. Rollins’s revenue for the quarter was up 14.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.17 earnings per share. Analysts predict that Rollins, Inc. will post 0.99 EPS for the current year.

Rollins Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Wednesday, February 21st were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 20th. This represents a $0.60 dividend on an annualized basis and a yield of 1.30%. Rollins’s dividend payout ratio (DPR) is currently 68.18%.

Insiders Place Their Bets

In related news, insider Traci Hornfeck sold 2,677 shares of Rollins stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $43.48, for a total transaction of $116,395.96. Following the completion of the sale, the insider now directly owns 14,376 shares of the company’s stock, valued at approximately $625,068.48. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, insider Elizabeth B. Chandler sold 10,000 shares of the company’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 owns 99,709 shares of the company’s stock, valued at approximately $4,093,054.45. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Traci Hornfeck sold 2,677 shares of Rollins stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $43.48, for a total transaction of $116,395.96. Following the completion of the transaction, the insider now directly owns 14,376 shares in the company, valued at $625,068.48. The disclosure for this sale can be found here. Insiders sold 22,824 shares of company stock worth $994,558 over the last three months. Insiders own 4.69% of the company’s stock.

Rollins 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.