Valicenti Advisory Services Inc. Has $1.83 Million Position in Rollins, Inc. (NYSE:ROL)

Valicenti Advisory Services Inc. trimmed its holdings in Rollins, Inc. (NYSE:ROL) by 3.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,490 shares of the business services provider’s stock after selling 1,215 shares during the quarter. Valicenti Advisory Services Inc.’s holdings in Rollins were worth $1,830,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Public Sector Pension Investment Board boosted its holdings in shares of Rollins by 85.6% during the 2nd quarter. Public Sector Pension Investment Board now owns 9,527 shares of the business services provider’s stock worth $465,000 after buying an additional 4,395 shares in the last quarter. Marshall Wace LLP bought a new position in Rollins during the second quarter worth $3,788,000. MBB Public Markets I LLC boosted its stake in Rollins by 378.8% during the second quarter. MBB Public Markets I LLC now owns 23,328 shares of the business services provider’s stock worth $1,138,000 after acquiring an additional 18,456 shares in the last quarter. Millennium Management LLC grew its holdings in Rollins by 54.8% in the second quarter. Millennium Management LLC now owns 439,043 shares of the business services provider’s stock worth $21,421,000 after purchasing an additional 155,476 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Rollins by 23.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,444 shares of the business services provider’s stock valued at $168,000 after purchasing an additional 664 shares in the last quarter. 51.79% of the stock is owned by institutional investors and hedge funds.

Rollins Stock Down 0.1 %

ROL stock opened at $49.29 on Wednesday. The firm has a market capitalization of $23.87 billion, a PE ratio of 51.38 and a beta of 0.75. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.34. Rollins, Inc. has a twelve month low of $40.41 and a twelve month high of $52.16. The stock’s 50 day moving average is $48.15 and its 200-day moving average is $48.90.

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th will be issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date of this dividend is Tuesday, February 25th. Rollins’s dividend payout ratio is 68.75%.

Insider Transactions at Rollins

In other news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $49.88, for a total value of $735,730.00. Following the transaction, the insider now owns 124,214 shares in the company, valued at $6,195,794.32. The trade was a 10.61 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 4.69% of the company’s stock.

Wall Street Analysts Forecast Growth

ROL has been the topic of a number of research analyst reports. StockNews.com cut shares of Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, January 8th. UBS Group increased their price target on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a report on Friday, January 17th. Canaccord Genuity Group began coverage on Rollins in a report on Tuesday, January 7th. They set a “hold” rating and a $48.00 price objective for the company. Wells Fargo & Company increased their target price on Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. Finally, Barclays began coverage on shares of Rollins in a research note on Monday, November 4th. They set an “equal weight” rating and a $50.00 price target for the company. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Rollins currently has a consensus rating of “Hold” and a consensus price target of $51.50.

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.