Rollins (NYSE:ROL) Chairman Sells $335,763.52 in Stock

Rollins, Inc. (NYSE:ROL) Chairman John Wilson sold 5,344 shares of the stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $62.83, for a total value of $335,763.52. Following the transaction, the chairman directly owned 594,705 shares of the company’s stock, valued at approximately $37,365,315.15. This trade represents a 0.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Rollins Price Performance

NYSE ROL traded up $0.31 on Friday, hitting $63.34. The stock had a trading volume of 2,284,464 shares, compared to its average volume of 2,156,383. The firm has a 50-day moving average of $60.96 and a 200-day moving average of $58.51. Rollins, Inc. has a 52-week low of $49.07 and a 52-week high of $63.84. The company has a market capitalization of $30.70 billion, a price-to-earnings ratio of 59.19 and a beta of 0.79. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.71 and a current ratio of 0.77.

Rollins (NYSE:ROL) last released its earnings results on Wednesday, October 29th. The business services provider reported $0.35 earnings per share for the quarter, topping 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 the consensus estimate of $1.02 billion. During the same quarter in the previous year, the company posted $0.29 EPS. Rollins’s quarterly revenue was up 12.0% compared to the same quarter last year. Equities analysts expect that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

The business also recently announced 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%.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. UBS Group set a $65.00 price target on Rollins in a research report on Wednesday, January 21st. Weiss Ratings restated a “buy (b)” rating on shares of Rollins in a report on Monday, December 29th. Wells Fargo & Company upped their target price on Rollins from $65.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. Barclays upgraded shares of Rollins from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $60.00 to $72.00 in a research note on Friday, December 5th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $70.00 target price on shares of Rollins in a report on Tuesday, December 23rd. Eleven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Rollins currently has an average rating of “Moderate Buy” and a consensus target price of $67.67.

Hedge Funds Weigh In On Rollins

A number of large investors have recently bought and sold shares of ROL. State of New Jersey Common Pension Fund D boosted its stake in shares of Rollins by 1.3% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 96,169 shares of the business services provider’s stock worth $5,772,000 after acquiring an additional 1,225 shares during the last quarter. Simplicity Wealth LLC acquired a new position in Rollins in the 4th quarter valued at $236,000. Interchange Capital Partners LLC lifted its holdings in Rollins by 8.1% in the 4th quarter. Interchange Capital Partners LLC now owns 4,770 shares of the business services provider’s stock valued at $286,000 after purchasing an additional 358 shares in the last quarter. Keybank National Association OH boosted its stake in Rollins by 7.5% during the fourth quarter. Keybank National Association OH now owns 5,575 shares of the business services provider’s stock worth $335,000 after buying an additional 391 shares during the last quarter. Finally, United Community Bank acquired a new stake in Rollins during the fourth quarter worth $76,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Company Profile

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.