Rollins, Inc. $ROL Position Raised by Moody Lynn & Lieberson LLC

Moody Lynn & Lieberson LLC grew its position in shares of Rollins, Inc. (NYSE:ROLFree Report) by 718.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 32,244 shares of the business services provider’s stock after acquiring an additional 28,306 shares during the quarter. Moody Lynn & Lieberson LLC’s holdings in Rollins were worth $1,935,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of ROL. Vanguard Group Inc. lifted its position in Rollins by 4.2% in the 3rd quarter. Vanguard Group Inc. now owns 36,720,282 shares of the business services provider’s stock valued at $2,156,949,000 after purchasing an additional 1,480,306 shares during the last quarter. State Street Corp grew its position in Rollins by 1.4% in the 3rd quarter. State Street Corp now owns 12,274,415 shares of the business services provider’s stock worth $720,999,000 after purchasing an additional 172,303 shares during the last quarter. Invesco Ltd. increased its stake in shares of Rollins by 41.2% in the second quarter. Invesco Ltd. now owns 5,657,997 shares of the business services provider’s stock valued at $319,224,000 after purchasing an additional 1,649,676 shares during the period. Norges Bank acquired a new stake in shares of Rollins in the second quarter valued at approximately $218,593,000. Finally, Northern Trust Corp raised its holdings in shares of Rollins by 0.5% during the third quarter. Northern Trust Corp now owns 2,885,973 shares of the business services provider’s stock valued at $169,522,000 after buying an additional 15,133 shares during the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Jerry Jr. Gahlhoff sold 4,510 shares of the stock in a transaction on Monday, January 26th. The stock was sold at an average price of $63.26, for a total value of $285,302.60. Following the completion of the transaction, the chief executive officer owned 328,386 shares in the company, valued at $20,773,698.36. This trade represents a 1.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Elizabeth B. Chandler sold 14,201 shares of the stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $59.36, for a total value of $842,971.36. Following the completion of the transaction, the insider owned 55,977 shares of the company’s stock, valued at $3,322,794.72. This trade represents a 20.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 69,435 shares of company stock worth $4,321,384. Corporate insiders own 5.77% of the company’s stock.

Key Headlines Impacting Rollins

Here are the key news stories impacting Rollins this week:

Wall Street Analysts Forecast Growth

ROL has been the subject of several analyst reports. Wells Fargo & Company set a $56.00 price objective on Rollins and gave the stock an “equal weight” rating in a research report on Thursday, February 12th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Rollins in a research note on Tuesday, December 2nd. Morgan Stanley set a $70.00 price target on Rollins in a research report on Friday, February 13th. UBS Group set a $65.00 price target on Rollins in a research note on Wednesday, January 21st. Finally, Canaccord Genuity Group set a $52.00 price target on Rollins and gave the company a “hold” rating in a report on Friday, February 13th. Eleven analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $66.08.

Read Our Latest Research Report on ROL

Rollins Stock Up 0.7%

NYSE ROL opened at $53.40 on Wednesday. Rollins, Inc. has a 12 month low of $49.73 and a 12 month high of $66.14. The company has a market capitalization of $25.74 billion, a P/E ratio of 48.99, a PEG ratio of 3.27 and a beta of 0.80. The company’s 50 day simple moving average is $59.15 and its 200 day simple moving average is $58.95. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.60 and a quick ratio of 0.55.

Rollins (NYSE:ROLGet Free Report) last posted its quarterly earnings results on Wednesday, February 11th. The business services provider reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.02). The business had revenue of $912.91 million during the quarter, compared to analyst estimates of $925.08 million. Rollins had a return on equity of 38.16% and a net margin of 14.00%.The company’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.22 EPS. Equities research analysts expect that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th were paid a dividend of $0.1825 per share. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a $0.73 annualized dividend and a dividend yield of 1.4%. Rollins’s dividend payout ratio (DPR) is currently 66.97%.

Rollins Company Profile

(Free Report)

Rollins, Inc (NYSE: ROL) is a provider of pest and termite control services operating through a network of subsidiaries and franchises. Headquartered in Atlanta, Georgia, the company offers a broad range of pest management solutions for both residential and commercial customers, positioning itself as a specialist in protecting property and public health from pests and vectors.

Its service offerings include general pest control, termite inspection and treatment, bed bug remediation, mosquito and vector control, wildlife exclusion, and related specialty services.

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Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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