OneAscent Financial Services LLC Has $590,000 Stock Holdings in Rollins, Inc. (NYSE:ROL)

OneAscent Financial Services LLC boosted its holdings in shares of Rollins, Inc. (NYSE:ROL) by 48.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,721 shares of the business services provider’s stock after buying an additional 4,126 shares during the period. OneAscent Financial Services LLC’s holdings in Rollins were worth $590,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of ROL. FMR LLC boosted its holdings in shares of Rollins by 65.9% during the third quarter. FMR LLC now owns 39,200 shares of the business services provider’s stock worth $1,983,000 after purchasing an additional 15,574 shares during the period. Townsquare Capital LLC lifted its position in Rollins by 8.9% in the 3rd quarter. Townsquare Capital LLC now owns 5,993 shares of the business services provider’s stock worth $303,000 after buying an additional 490 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Rollins by 16.8% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 65,252 shares of the business services provider’s stock valued at $3,300,000 after buying an additional 9,380 shares during the period. Public Sector Pension Investment Board grew its holdings in shares of Rollins by 14.7% during the 3rd quarter. Public Sector Pension Investment Board now owns 10,927 shares of the business services provider’s stock valued at $553,000 after acquiring an additional 1,400 shares in the last quarter. Finally, PEAK6 Investments LLC acquired a new position in shares of Rollins in the third quarter worth $271,000. 51.79% of the stock is owned by hedge funds and other institutional investors.

Rollins Price Performance

Shares of Rollins stock opened at $54.77 on Thursday. 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 fifty day simple moving average of $51.24 and a 200-day simple moving average of $49.65. The stock has a market capitalization of $26.57 billion, a price-to-earnings ratio of 57.05 and a beta of 0.78. Rollins, Inc. has a 1-year low of $41.72 and a 1-year high of $54.85.

Rollins (NYSE:ROL) last released its quarterly 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%. On average, sell-side analysts expect that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th were given a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 1.21%. The ex-dividend date was Tuesday, February 25th. Rollins’s dividend payout ratio is currently 68.75%.

Analysts Set New Price Targets

A number of research analysts have commented on the company. StockNews.com downgraded Rollins from a “buy” rating to a “hold” rating in a research note on Wednesday, March 12th. Wells Fargo & Company increased their price objective on Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. Morgan Stanley lifted their target price on shares of Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. Royal Bank of Canada restated an “outperform” rating and set a $52.00 price target on shares of Rollins in a research note on Monday, January 6th. Finally, UBS Group lifted their price objective on shares of Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Rollins presently has an average rating of “Hold” and a consensus target price of $52.00.

Insider Transactions at Rollins

In related news, insider Elizabeth B. Chandler sold 13,193 shares of the company’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $51.18, for a total value of $675,217.74. Following the completion of the transaction, the insider now directly 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Thomas D. Tesh sold 1,921 shares of Rollins stock in a transaction on Monday, March 10th. The stock was sold at an average price of $51.78, for a total transaction of $99,469.38. Following the sale, the insider now owns 41,173 shares in the company, valued at $2,131,937.94. This represents a 4.46 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 18,338 shares of company stock worth $945,882 over the last three months. 4.47% of the stock is currently owned by insiders.

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.