Rollins, Inc. (NYSE:ROL) Insider Elizabeth B. Chandler Sells 13,193 Shares

Rollins, Inc. (NYSE:ROL) insider Elizabeth B. Chandler sold 13,193 shares of Rollins stock in a transaction on Friday, February 21st. The stock was sold at an average price of $51.18, for a total transaction of $675,217.74. Following the sale, the insider now directly owns 76,526 shares in the company, valued at approximately $3,916,600.68. This trade represents a 14.70 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Rollins Trading Up 0.1 %

NYSE ROL opened at $51.36 on Tuesday. The firm’s 50-day moving average is $48.34 and its two-hundred day moving average is $49.15. Rollins, Inc. has a 12 month low of $41.72 and a 12 month high of $52.83. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62. The stock has a market capitalization of $24.87 billion, a P/E ratio of 53.50 and a beta of 0.76.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. On average, sell-side analysts anticipate that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th will be given 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 dividend yield of 1.29%. Rollins’s dividend payout ratio is presently 68.75%.

Institutional Trading of Rollins

Several hedge funds have recently made changes to their positions in the business. Montrusco Bolton Investments Inc. increased its stake in shares of Rollins by 14.0% during the third quarter. Montrusco Bolton Investments Inc. now owns 9,397,497 shares of the business services provider’s stock worth $465,503,000 after buying an additional 1,154,722 shares during the period. Geode Capital Management LLC increased its stake in shares of Rollins by 17.6% during the fourth quarter. Geode Capital Management LLC now owns 8,557,923 shares of the business services provider’s stock worth $395,819,000 after buying an additional 1,282,508 shares during the period. Invesco Ltd. increased its stake in shares of Rollins by 16.9% during the fourth quarter. Invesco Ltd. now owns 4,267,060 shares of the business services provider’s stock worth $197,778,000 after buying an additional 617,876 shares during the period. Norges Bank purchased a new stake in shares of Rollins during the fourth quarter worth approximately $176,784,000. Finally, Northern Trust Corp increased its stake in shares of Rollins by 11.8% during the fourth quarter. Northern Trust Corp now owns 3,046,844 shares of the business services provider’s stock worth $141,221,000 after buying an additional 322,610 shares during the period. Institutional investors and hedge funds own 51.79% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Barclays assumed coverage on shares of Rollins in a research note on Monday, November 4th. They set an “equal weight” rating and a $50.00 target price on the stock. UBS Group lifted their target price on shares of Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research note on Friday, January 17th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 target price on shares of Rollins in a research note on Monday, January 6th. Canaccord Genuity Group lifted their price target on Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a report on Friday, February 14th. Finally, Wells Fargo & Company lifted their price target on Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $52.00.

Rollins Company 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.