Rollins, Inc. (NYSE:ROL) Insider Sells $224,084.52 in Stock

Rollins, Inc. (NYSE:ROL) insider Elizabeth B. Chandler sold 4,686 shares of the business’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $47.82, for a total value of $224,084.52. Following the sale, the insider now owns 95,023 shares in the company, valued at approximately $4,543,999.86. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Rollins Stock Performance

Shares of NYSE:ROL traded up $0.42 during midday trading on Friday, reaching $47.82. The company’s stock had a trading volume of 612,348 shares, compared to its average volume of 1,794,705. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.41. The stock has a fifty day moving average of $48.39 and a 200 day moving average of $45.92. Rollins, Inc. has a twelve month low of $32.19 and a twelve month high of $50.87. The firm has a market capitalization of $23.16 billion, a PE ratio of 53.26, a P/E/G ratio of 3.76 and a beta of 0.70.

Rollins (NYSE:ROL) last announced its quarterly earnings results on Wednesday, July 24th. The business services provider reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. The company had revenue of $891.90 million for the quarter, compared to the consensus estimate of $895.02 million. Rollins had a return on equity of 40.10% and a net margin of 14.23%. The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period last year, the firm earned $0.23 EPS. On average, equities analysts expect that Rollins, Inc. will post 1 EPS for the current fiscal year.

Rollins Dividend Announcement

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

Institutional Investors Weigh In On Rollins

Institutional investors have recently modified their holdings of the business. Norges Bank purchased a new position in Rollins during the fourth quarter worth approximately $256,862,000. APG Asset Management US Inc. purchased a new stake in shares of Rollins in the fourth quarter valued at approximately $77,075,000. TD Asset Management Inc raised its stake in shares of Rollins by 217.3% during the 4th quarter. TD Asset Management Inc now owns 2,468,600 shares of the business services provider’s stock worth $107,804,000 after buying an additional 1,690,668 shares during the period. Montrusco Bolton Investments Inc. purchased a new position in shares of Rollins during the 4th quarter valued at approximately $47,089,000. Finally, Epoch Investment Partners Inc. grew its stake in Rollins by 102.8% in the 4th quarter. Epoch Investment Partners Inc. now owns 1,688,661 shares of the business services provider’s stock valued at $73,744,000 after acquiring an additional 855,882 shares during the period. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ROL has been the subject of a number of recent analyst reports. Morgan Stanley lifted their target price on shares of Rollins from $42.00 to $43.00 and gave the stock an “equal weight” rating in a research note on Friday, April 26th. UBS Group reaffirmed a “neutral” rating and issued a $49.00 price target on shares of Rollins in a report on Monday, April 15th. StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, July 10th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research note on Thursday, July 25th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $46.60.

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.