Rollins, Inc. (NYSE:ROL) Shares Purchased by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund increased its stake in shares of Rollins, Inc. (NYSE:ROL) by 7.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 101,981 shares of the business services provider’s stock after purchasing an additional 7,407 shares during the period. Illinois Municipal Retirement Fund’s holdings in Rollins were worth $4,454,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Lindbrook Capital LLC increased its holdings 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 worth $27,000 after buying an additional 260 shares during the last quarter. Operose Advisors LLC acquired a new stake in shares of Rollins during the 3rd quarter worth approximately $47,000. Blue Trust Inc. increased its holdings in shares of Rollins by 65.9% during the 4th quarter. Blue Trust Inc. now owns 1,453 shares of the business services provider’s stock worth $63,000 after buying an additional 577 shares during the last quarter. First Horizon Advisors Inc. increased its holdings in shares of Rollins by 224.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,603 shares of the business services provider’s stock worth $60,000 after buying an additional 1,109 shares during the last quarter. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new stake in shares of Rollins during the 3rd quarter worth approximately $75,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

Insider Buying and Selling

In related news, insider Elizabeth B. Chandler sold 10,000 shares of the business’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 sale, the insider now 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 can be accessed through this link. In other Rollins news, CFO Kenneth D. Krause sold 5,000 shares of the company’s stock in a transaction dated 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Elizabeth B. Chandler sold 10,000 shares of the company’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 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 have sold 22,824 shares of company stock valued at $994,558. Corporate insiders own 4.69% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on ROL shares. StockNews.com downgraded shares of Rollins from a “buy” rating to a “hold” rating in a report on Thursday. UBS Group reaffirmed a “neutral” rating and set a $49.00 price objective on shares of Rollins in a research report on Monday, April 15th. The Goldman Sachs Group initiated coverage on shares of Rollins in a research report on Tuesday, January 2nd. They set a “buy” rating and a $49.00 price objective for the company. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 price objective on shares of Rollins in a research report on Thursday, February 15th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $46.83.

Rollins Price Performance

Shares of NYSE:ROL opened at $42.87 on Thursday. The company’s fifty day moving average price is $44.41 and its 200 day moving average price is $42.04. Rollins, Inc. has a 12 month low of $32.19 and a 12 month high of $47.45. 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 has a market capitalization of $20.77 billion, a P/E ratio of 48.72, a P/E/G 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 EPS for the quarter, meeting analysts’ consensus estimates of $0.20. The company had revenue of $748.35 million for the quarter, compared to analyst estimates of $739.12 million. Rollins had a net margin of 14.15% and a return on equity of 35.97%. Rollins’s quarterly revenue was up 13.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.18 earnings per share. As a group, sell-side analysts predict 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 is currently 68.18%.

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.