Motley Fool Asset Management LLC Has $447,000 Holdings in Rollins, Inc. (NYSE:ROL)

Motley Fool Asset Management LLC boosted its stake in shares of Rollins, Inc. (NYSE:ROL) by 8.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,659 shares of the business services provider’s stock after buying an additional 722 shares during the period. Motley Fool Asset Management LLC’s holdings in Rollins were worth $447,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Lindbrook Capital LLC grew its stake in 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 acquiring an additional 260 shares in the last quarter. Spire Wealth Management grew its stake in shares of Rollins by 139.7% in the 4th quarter. Spire Wealth Management now owns 755 shares of the business services provider’s stock valued at $33,000 after buying an additional 440 shares in the last quarter. Principal Securities Inc. bought a new stake in shares of Rollins in the 4th quarter valued at approximately $36,000. Blue Trust Inc. grew its stake in shares of Rollins by 65.9% in the 4th quarter. Blue Trust Inc. now owns 1,453 shares of the business services provider’s stock valued at $63,000 after buying an additional 577 shares in the last quarter. Finally, Quadrant Capital Group LLC grew its stake in shares of Rollins by 22.3% in the 4th quarter. Quadrant Capital Group LLC now owns 2,004 shares of the business services provider’s stock valued at $88,000 after buying an additional 365 shares in the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Insider Activity at Rollins

In related news, CEO Jerry Jr. Gahlhoff sold 12,000 shares of the company’s stock in a transaction on Friday, June 7th. The stock was sold at an average price of $47.20, for a total value of $566,400.00. Following the completion of the transaction, the chief executive officer now directly owns 288,671 shares in the company, valued at $13,625,271.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Rollins news, CFO Kenneth D. Krause sold 3,331 shares of the company’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 directly owns 90,747 shares in the company, valued at $4,310,482.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jerry Jr. Gahlhoff sold 12,000 shares of the company’s stock in a transaction on Friday, June 7th. The shares were sold at an average price of $47.20, for a total value of $566,400.00. Following the completion of the sale, the chief executive officer now owns 288,671 shares in the company, valued at $13,625,271.20. The disclosure for this sale can be found here. 4.69% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ROL shares. StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a research note on Wednesday, July 10th. UBS Group reaffirmed a “neutral” rating and set a $49.00 target price on shares of Rollins in a research report on Monday, April 15th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 target price on shares of Rollins in a research report on Thursday, July 25th. Finally, Morgan Stanley upped their target price on Rollins from $42.00 to $43.00 and gave the stock an “equal weight” rating in a research report on Friday, April 26th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Rollins presently has a consensus rating of “Moderate Buy” and an average price target of $46.60.

Rollins Stock Performance

Shares of ROL stock traded down $0.06 during trading hours on Wednesday, reaching $47.91. 2,318,128 shares of the company’s stock were exchanged, compared to its average volume of 1,800,110. Rollins, Inc. has a fifty-two week low of $32.19 and a fifty-two week high of $50.87. The stock has a market capitalization of $23.20 billion, a P/E ratio of 53.83, a P/E/G ratio of 3.73 and a beta of 0.70. The business has a fifty day moving average price of $48.35 and a 200-day moving average price of $45.91. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.41.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, July 24th. The business services provider reported $0.27 EPS for the quarter, meeting analysts’ consensus estimates of $0.27. The business had revenue of $891.90 million during the quarter, compared to analyst estimates of $895.02 million. Rollins had a return on equity of 40.10% and a net margin of 14.23%. Rollins’s revenue was up 8.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.23 earnings per share. Analysts predict that Rollins, Inc. will post 1 EPS for the current fiscal year.

Rollins Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 10th. Investors of record on Monday, August 12th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Monday, August 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.25%. Rollins’s payout ratio is 67.42%.

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.