DecisionMap Wealth Management LLC Invests $872,000 in Rollins, Inc. (NYSE:ROL)

DecisionMap Wealth Management LLC bought a new stake in Rollins, Inc. (NYSE:ROL) in the fourth quarter, HoldingsChannel reports. The firm bought 18,817 shares of the business services provider’s stock, valued at approximately $872,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in ROL. Brooklyn Investment Group purchased a new position in Rollins during the third quarter valued at $28,000. Centricity Wealth Management LLC bought a new stake in shares of Rollins in the fourth quarter worth $31,000. True Wealth Design LLC grew its holdings in shares of Rollins by 4,272.2% in the third quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock worth $40,000 after acquiring an additional 769 shares during the period. Versant Capital Management Inc grew its holdings in Rollins by 57.8% during the fourth quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock valued at $41,000 after purchasing an additional 326 shares during the period. Finally, SRS Capital Advisors Inc. grew its holdings in Rollins by 25.7% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider’s stock valued at $66,000 after purchasing an additional 292 shares during the period. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Rollins Price Performance

NYSE:ROL opened at $50.58 on Thursday. Rollins, Inc. has a 12 month low of $41.72 and a 12 month high of $53.72. The stock has a 50 day moving average of $49.56 and a two-hundred day moving average of $49.40. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30. The firm has a market cap of $24.49 billion, a P/E ratio of 52.68 and a beta of 0.78.

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

Rollins Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th were given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date was Tuesday, February 25th. Rollins’s dividend payout ratio is currently 68.75%.

Insider Transactions at Rollins

In other news, insider Traci Hornfeck sold 3,224 shares of the stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total transaction of $171,194.40. Following the completion of the sale, the insider now owns 9,602 shares in the company, valued at approximately $509,866.20. This represents a 25.14 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Elizabeth B. Chandler sold 13,193 shares of the firm’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $51.18, for a total transaction of $675,217.74. Following the completion of the sale, the insider now owns 76,526 shares of the company’s stock, valued at approximately $3,916,600.68. The trade was a 14.70 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 18,338 shares of company stock valued at $945,882. 4.69% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

ROL has been the topic of several research analyst reports. Royal Bank of Canada restated an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research report on Monday, January 6th. Wells Fargo & Company raised their price objective on Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. UBS Group raised their price objective on Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. Morgan Stanley raised their price target on Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Finally, Canaccord Genuity Group raised their price objective on Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a report on Friday, February 14th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average 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.