TRUE Private Wealth Advisors Boosts Stake in Rollins, Inc. (NYSE:ROL)

TRUE Private Wealth Advisors grew its stake in Rollins, Inc. (NYSE:ROL) by 40.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 8,636 shares of the business services provider’s stock after buying an additional 2,496 shares during the period. TRUE Private Wealth Advisors’ holdings in Rollins were worth $377,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in ROL. Eagle Bay Advisors LLC acquired a new stake in shares of Rollins in the second quarter worth $29,000. KB Financial Partners LLC acquired a new stake in Rollins during the first quarter valued at $32,000. Fred Alger Management LLC acquired a new stake in shares of Rollins in the third quarter valued at about $41,000. Operose Advisors LLC acquired a new stake in shares of Rollins in the third quarter valued at about $47,000. Finally, Cornerstone Planning Group LLC acquired a new stake in shares of Rollins in the second quarter valued at about $47,000. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Rollins Price Performance

Shares of ROL stock opened at $43.01 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 firm’s 50-day moving average is $44.53 and its two-hundred day moving average is $41.82. Rollins, Inc. has a 12 month low of $32.19 and a 12 month high of $47.45. The company has a market capitalization of $20.84 billion, a PE ratio of 48.88, a price-to-earnings-growth ratio of 3.42 and a beta of 0.63.

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

Rollins Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Wednesday, February 21st were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date of this dividend was Tuesday, February 20th. Rollins’s dividend payout ratio (DPR) is presently 68.18%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Morgan Stanley assumed coverage on shares of Rollins in a research report on Thursday, December 21st. They issued an “equal weight” rating and a $42.00 target price on the stock. StockNews.com raised shares of Rollins from a “hold” rating to a “buy” rating in a research note on Wednesday. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research note on Thursday, February 15th. The Goldman Sachs Group initiated coverage on shares of Rollins in a research note on Tuesday, January 2nd. They issued a “buy” rating and a $49.00 price target on the stock. Finally, UBS Group reissued a “neutral” rating and issued a $49.00 price target on shares of Rollins in a research note on Monday. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Rollins currently has an average rating of “Moderate Buy” and an average target price of $46.83.

Insiders Place Their Bets

In other Rollins news, insider Elizabeth B. Chandler sold 10,000 shares of Rollins 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 transaction, the insider now directly owns 99,709 shares of the company’s stock, valued at $4,093,054.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Elizabeth B. Chandler sold 10,000 shares of the business’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total value of $410,500.00. Following the completion of the transaction, the insider now directly owns 99,709 shares of the company’s stock, valued at $4,093,054.45. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction 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 directly owns 99,078 shares in the company, valued at approximately $4,575,422.04. The disclosure for this sale can be found here. Insiders have sold 22,824 shares of company stock valued at $994,558 over the last ninety days. Company insiders own 4.69% of the company’s stock.

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.