Elizabeth Chandler Sells 2,151 Shares of Rollins (NYSE:ROL) Stock

Rollins, Inc. (NYSE:ROLGet Free Report) insider Elizabeth Chandler sold 2,151 shares of the firm’s stock in a transaction on Monday, January 26th. The stock was sold at an average price of $63.26, for a total value of $136,072.26. Following the completion of the transaction, the insider owned 60,161 shares in the company, valued at $3,805,784.86. The trade was a 3.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Rollins Price Performance

NYSE ROL traded down $0.65 on Wednesday, hitting $62.85. 2,745,339 shares of the company’s stock were exchanged, compared to its average volume of 2,121,308. Rollins, Inc. has a 52 week low of $48.70 and a 52 week high of $63.84. The stock has a 50-day moving average of $60.82 and a 200-day moving average of $58.45. The company has a current ratio of 0.77, a quick ratio of 0.71 and a debt-to-equity ratio of 0.32. The stock has a market cap of $30.46 billion, a price-to-earnings ratio of 58.73 and a beta of 0.79.

Rollins (NYSE:ROLGet Free Report) last announced its quarterly earnings results on Wednesday, October 29th. The business services provider reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.03. Rollins had a return on equity of 37.60% and a net margin of 14.02%.The company had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.02 billion. During the same period in the prior year, the company earned $0.29 EPS. Rollins’s revenue was up 12.0% compared to the same quarter last year. Analysts expect that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th will be paid a $0.1825 dividend. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, February 25th. Rollins’s dividend payout ratio is currently 68.22%.

Institutional Trading of Rollins

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Thrive Wealth Management LLC increased its holdings in Rollins by 2.7% during the 3rd quarter. Thrive Wealth Management LLC now owns 6,473 shares of the business services provider’s stock valued at $380,000 after purchasing an additional 172 shares during the period. Mowery & Schoenfeld Wealth Management LLC raised its stake in Rollins by 9.2% in the second quarter. Mowery & Schoenfeld Wealth Management LLC now owns 2,601 shares of the business services provider’s stock worth $147,000 after buying an additional 220 shares in the last quarter. Fifth Third Bancorp grew its holdings in shares of Rollins by 1.2% during the 3rd quarter. Fifth Third Bancorp now owns 18,874 shares of the business services provider’s stock worth $1,109,000 after acquiring an additional 222 shares during the period. Wealth Alliance LLC raised its holdings in Rollins by 2.1% in the second quarter. Wealth Alliance LLC now owns 10,687 shares of the business services provider’s stock worth $603,000 after purchasing an additional 223 shares in the last quarter. Finally, World Investment Advisors lifted its position in Rollins by 5.1% during the 3rd quarter. World Investment Advisors now owns 4,705 shares of the business services provider’s stock valued at $276,000 after acquiring an additional 229 shares during the period. Institutional investors own 51.79% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Morgan Stanley upgraded Rollins from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $58.00 to $72.00 in a report on Wednesday, December 17th. Jefferies Financial Group set a $66.00 price objective on shares of Rollins and gave the company a “buy” rating in a research note on Monday, November 3rd. Sanford C. Bernstein reissued an “outperform” rating on shares of Rollins in a research report on Tuesday, December 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of Rollins in a report on Monday, December 29th. Finally, UBS Group set a $65.00 target price on Rollins in a research report on Wednesday, January 21st. Eleven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Rollins has an average rating of “Moderate Buy” and an average target price of $67.67.

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About Rollins

(Get 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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