Rollins, Inc. (NYSE:ROL) Shares Purchased by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB lifted its stake in Rollins, Inc. (NYSE:ROL) by 116.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,584 shares of the business services provider’s stock after buying an additional 8,919 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Rollins were worth $769,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. B.O.S.S. Retirement Advisors LLC grew its position in Rollins by 4.9% in the third quarter. B.O.S.S. Retirement Advisors LLC now owns 4,543 shares of the business services provider’s stock valued at $230,000 after acquiring an additional 212 shares in the last quarter. Eastern Bank lifted its holdings in Rollins by 0.5% in the 4th quarter. Eastern Bank now owns 50,410 shares of the business services provider’s stock worth $2,337,000 after buying an additional 236 shares in the last quarter. Raymond James Trust N.A. boosted its position in Rollins by 1.9% in the 3rd quarter. Raymond James Trust N.A. now owns 13,283 shares of the business services provider’s stock valued at $672,000 after buying an additional 252 shares during the last quarter. Motley Fool Asset Management LLC grew its stake in shares of Rollins by 3.0% during the third quarter. Motley Fool Asset Management LLC now owns 10,072 shares of the business services provider’s stock valued at $509,000 after acquiring an additional 289 shares in the last quarter. Finally, Mather Group LLC. increased its position in shares of Rollins by 9.8% during the fourth quarter. Mather Group LLC. now owns 3,325 shares of the business services provider’s stock worth $154,000 after acquiring an additional 298 shares during the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Stock Down 0.3 %

ROL stock opened at $49.93 on Tuesday. The firm has a fifty day moving average price of $47.98 and a two-hundred day moving average price of $48.90. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.78 and a quick ratio of 0.72. Rollins, Inc. has a 1-year low of $40.41 and a 1-year high of $52.16. The firm has a market cap of $24.18 billion, a price-to-earnings ratio of 52.01 and a beta of 0.76.

Rollins Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be paid a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $0.66 annualized dividend and a yield of 1.32%. Rollins’s dividend payout ratio (DPR) is 68.75%.

Insiders Place Their Bets

In other Rollins news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the firm’s stock in a transaction 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 sale, the insider now directly owns 124,214 shares in the company, valued at approximately $6,195,794.32. This trade represents a 10.61 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 4.69% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

ROL has been the topic of several analyst reports. Canaccord Genuity Group started coverage on Rollins in a report on Tuesday, January 7th. They set a “hold” rating and a $48.00 price objective on the stock. StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a research note on Tuesday. Morgan Stanley increased their price objective on shares of Rollins from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Thursday, December 12th. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research report on Monday, January 6th. Finally, Barclays started coverage on shares of Rollins in a research report on Monday, November 4th. They set an “equal weight” rating and a $50.00 price target on the stock. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, Rollins has a consensus rating of “Hold” and an average 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.