BankPlus Trust Department Makes New $167,000 Investment in Rollins, Inc. (NYSE:ROL)

BankPlus Trust Department acquired a new position in shares of Rollins, Inc. (NYSE:ROL) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,596 shares of the business services provider’s stock, valued at approximately $167,000.

A number of other large investors have also recently bought and sold shares of the company. IFP Advisors Inc grew its holdings in Rollins by 55.2% during the 4th quarter. IFP Advisors Inc now owns 5,341 shares of the business services provider’s stock worth $248,000 after acquiring an additional 1,900 shares during the last quarter. Asset Advisors Investment Management LLC grew its holdings in Rollins by 376.6% during the 4th quarter. Asset Advisors Investment Management LLC now owns 21,493 shares of the business services provider’s stock worth $996,000 after acquiring an additional 16,983 shares during the last quarter. Colonial River Investments LLC grew its holdings in Rollins by 6.1% during the 4th quarter. Colonial River Investments LLC now owns 11,471 shares of the business services provider’s stock worth $532,000 after acquiring an additional 657 shares during the last quarter. World Equity Group Inc. bought a new stake in Rollins during the 4th quarter worth approximately $246,000. Finally, Cabot Wealth Management Inc. grew its holdings in Rollins by 0.5% during the 4th quarter. Cabot Wealth Management Inc. now owns 81,027 shares of the business services provider’s stock worth $3,756,000 after acquiring an additional 417 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Rollins Stock Up 0.1 %

Rollins stock opened at $51.36 on Tuesday. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30. Rollins, Inc. has a 12-month low of $41.72 and a 12-month high of $52.83. The firm’s fifty day moving average is $48.34 and its 200 day moving average is $49.15. The company has a market capitalization of $24.87 billion, a PE ratio of 53.50 and a beta of 0.76.

Rollins (NYSE:ROL) last released its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. As a group, sell-side analysts predict that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be given a dividend of $0.165 per share. The ex-dividend date is Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.29%. Rollins’s payout ratio is presently 68.75%.

Insider Activity at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 13,193 shares of the company’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $51.18, for a total transaction of $675,217.74. Following the transaction, the insider now owns 76,526 shares in the company, valued at approximately $3,916,600.68. This represents a 14.70 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 4.69% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ROL. Morgan Stanley boosted their target price on shares of Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Wells Fargo & Company boosted their target price on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research note on Monday, January 6th. Canaccord Genuity Group upped their price objective on shares of Rollins from $48.00 to $49.00 and gave the company a “hold” rating in a research note on Friday, February 14th. Finally, StockNews.com raised shares of Rollins from a “hold” rating to a “buy” rating in a research note on Wednesday, February 19th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, Rollins presently has a consensus rating of “Hold” and a consensus price target of $52.00.

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.