Rollins, Inc. (NYSE:ROL) Insider Traci Hornfeck Sells 3,224 Shares

Rollins, Inc. (NYSE:ROL) insider Traci Hornfeck sold 3,224 shares of the firm’s stock in a transaction on 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 transaction, the insider now owns 9,602 shares in the company, valued at $509,866.20. The trade was a 25.14 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Rollins Stock Performance

NYSE:ROL opened at $52.62 on Thursday. The business has a 50 day moving average of $49.04 and a 200 day moving average of $49.33. The company has a market capitalization of $25.48 billion, a price-to-earnings ratio of 54.81 and a beta of 0.76. Rollins, Inc. has a 1-year low of $41.72 and a 1-year high of $53.72. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62.

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

Rollins Dividend Announcement

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 issued a $0.165 dividend. The ex-dividend date is Tuesday, February 25th. This represents a $0.66 annualized dividend and a yield of 1.25%. Rollins’s payout ratio is 68.75%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Franklin Resources Inc. raised its stake in Rollins by 54.7% during the 3rd quarter. Franklin Resources Inc. now owns 173,943 shares of the business services provider’s stock valued at $8,725,000 after purchasing an additional 61,475 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Rollins in the 3rd quarter worth $1,428,000. Westfield Capital Management Co. LP purchased a new stake in shares of Rollins during the 3rd quarter worth $5,102,000. Intech Investment Management LLC lifted its stake in shares of Rollins by 13.7% during the 3rd quarter. Intech Investment Management LLC now owns 661,997 shares of the business services provider’s stock worth $33,484,000 after purchasing an additional 79,546 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in Rollins by 22.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,280,005 shares of the business services provider’s stock valued at $115,323,000 after buying an additional 420,399 shares in the last quarter. 51.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, February 19th. UBS Group upped their price target on shares of Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research report on Friday, January 17th. Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a report on Monday, January 6th. Canaccord Genuity Group upped their price target 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, Wells Fargo & Company upped their price objective on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $52.00.

About Rollins

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.