Bell Bank Decreases Stake in Rollins, Inc. (NYSE:ROL)

Bell Bank lessened its holdings in shares of Rollins, Inc. (NYSE:ROL) by 5.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,331 shares of the business services provider’s stock after selling 1,291 shares during the period. Bell Bank’s holdings in Rollins were worth $1,035,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of ROL. Eastern Bank grew its position in shares of Rollins by 0.5% in the fourth quarter. Eastern Bank now owns 50,410 shares of the business services provider’s stock valued at $2,337,000 after purchasing an additional 236 shares in the last quarter. Raymond James Trust N.A. grew its holdings in Rollins by 1.9% in the 3rd quarter. Raymond James Trust N.A. now owns 13,283 shares of the business services provider’s stock valued at $672,000 after buying an additional 252 shares in the last quarter. Motley Fool Asset Management LLC grew its holdings in Rollins by 3.0% in the 3rd quarter. Motley Fool Asset Management LLC now owns 10,072 shares of the business services provider’s stock valued at $509,000 after buying an additional 289 shares in the last quarter. Mather Group LLC. increased its stake in shares of Rollins by 9.8% in the 4th quarter. Mather Group LLC. now owns 3,325 shares of the business services provider’s stock worth $154,000 after acquiring an additional 298 shares during the last quarter. Finally, Empirical Finance LLC raised its holdings in shares of Rollins by 3.9% during the 3rd quarter. Empirical Finance LLC now owns 8,123 shares of the business services provider’s stock worth $411,000 after acquiring an additional 302 shares during the period. Institutional investors and hedge funds own 51.79% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on ROL. Royal Bank of Canada restated an “outperform” rating and set a $52.00 price objective on shares of Rollins in a research report on Monday, January 6th. Barclays initiated coverage on shares of Rollins in a research report on Monday, November 4th. They set an “equal weight” rating and a $50.00 price target on the stock. Morgan Stanley increased their price objective on Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Wells Fargo & Company lifted their target price on Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research report on Monday, December 16th. Finally, UBS Group increased their price target on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a report on Friday, January 17th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $52.00.

Rollins Trading Down 0.1 %

Shares of ROL stock opened at $51.29 on Friday. Rollins, Inc. has a fifty-two week low of $41.30 and a fifty-two week high of $52.83. The company has a 50 day moving average price of $48.23 and a 200 day moving average price of $49.08. The stock has a market capitalization of $24.83 billion, a P/E ratio of 53.42 and a beta of 0.76. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69.

Rollins (NYSE:ROL) last posted its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share (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%. Equities research analysts predict that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be paid a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a yield of 1.29%. Rollins’s dividend payout ratio is currently 68.75%.

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.