Signaturefd LLC Boosts Holdings in Rollins, Inc. (NYSE:ROL)

Signaturefd LLC grew its position in Rollins, Inc. (NYSE:ROL) by 0.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 159,424 shares of the business services provider’s stock after purchasing an additional 663 shares during the quarter. Signaturefd LLC’s holdings in Rollins were worth $7,389,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in ROL. GSA Capital Partners LLP acquired a new position in Rollins during the 3rd quarter valued at about $393,000. KBC Group NV increased its holdings in shares of Rollins by 3.7% during the third quarter. KBC Group NV now owns 147,092 shares of the business services provider’s stock valued at $7,439,000 after acquiring an additional 5,236 shares in the last quarter. Metis Global Partners LLC raised its position in shares of Rollins by 7.0% in the 3rd quarter. Metis Global Partners LLC now owns 18,066 shares of the business services provider’s stock valued at $914,000 after purchasing an additional 1,179 shares during the last quarter. CIBC Asset Management Inc raised its position in shares of Rollins by 7.7% in the 3rd quarter. CIBC Asset Management Inc now owns 46,939 shares of the business services provider’s stock valued at $2,374,000 after purchasing an additional 3,366 shares during the last quarter. Finally, Empirical Finance LLC boosted its stake in Rollins by 3.9% in the 3rd quarter. Empirical Finance LLC now owns 8,123 shares of the business services provider’s stock worth $411,000 after purchasing an additional 302 shares in the last quarter. 51.79% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Rollins news, insider Elizabeth B. Chandler sold 13,193 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $51.18, for a total value of $675,217.74. Following the transaction, the insider now directly owns 76,526 shares of the company’s stock, valued at $3,916,600.68. This trade represents a 14.70 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Traci Hornfeck sold 3,224 shares of the company’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total value of $171,194.40. Following the completion of the sale, the insider now owns 9,602 shares of the company’s stock, valued at $509,866.20. This trade represents a 25.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 18,338 shares of company stock worth $945,882 in the last quarter. Corporate insiders own 4.69% of the company’s stock.

Rollins Stock Up 1.4 %

Rollins stock opened at $51.44 on Monday. The business’s 50-day moving average price is $49.75 and its 200 day moving average price is $49.41. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30. The firm has a market cap of $24.91 billion, a price-to-earnings ratio of 53.59 and a beta of 0.78. Rollins, Inc. has a 52 week low of $41.72 and a 52 week high of $53.72.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, hitting 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 anticipate that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th were paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 1.28%. The ex-dividend date of this dividend was Tuesday, February 25th. Rollins’s payout ratio is 68.75%.

Analysts Set New Price Targets

A number of research firms have issued reports on ROL. StockNews.com cut shares of Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, March 12th. Morgan Stanley raised their target price on Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Wells Fargo & Company boosted their price target on Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Canaccord Genuity Group raised their price objective on Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research note on Friday, February 14th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 target price on shares of Rollins in a report on Monday, January 6th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average 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.