Colonial Trust Co SC Has $50,000 Holdings in Rollins, Inc. (NYSE:ROL)

Colonial Trust Co SC increased its holdings in Rollins, Inc. (NYSE:ROL) by 61.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,081 shares of the business services provider’s stock after buying an additional 411 shares during the period. Colonial Trust Co SC’s holdings in Rollins were worth $50,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Murphy & Mullick Capital Management Corp acquired a new position in Rollins in the 4th quarter valued at $29,000. Centricity Wealth Management LLC acquired a new position in Rollins in the fourth quarter valued at about $31,000. Mizuho Bank Ltd. bought a new stake in Rollins during the fourth quarter worth about $37,000. Atala Financial Inc acquired a new stake in Rollins during the fourth quarter worth about $47,000. Finally, Headlands Technologies LLC increased its holdings in Rollins by 425.1% in the 4th quarter. Headlands Technologies LLC now owns 1,402 shares of the business services provider’s stock valued at $65,000 after buying an additional 1,135 shares during the period. 51.79% of the stock is currently owned by institutional investors.

Rollins Price Performance

Shares of ROL opened at $56.70 on Friday. The business has a 50-day simple moving average of $53.92 and a two-hundred day simple moving average of $50.66. Rollins, Inc. has a 12-month low of $45.00 and a 12-month high of $57.43. The stock has a market cap of $27.48 billion, a PE ratio of 59.06 and a beta of 0.79. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $0.22 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.22. Rollins had a net margin of 13.76% and a return on equity of 37.94%. The business had revenue of $822.50 million during the quarter, compared to analyst estimates of $817.09 million. During the same quarter last year, the business earned $0.20 EPS. The firm’s quarterly revenue was up 9.9% on a year-over-year basis. Analysts anticipate that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Monday, May 12th will be paid a $0.165 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.66 annualized dividend and a dividend yield of 1.16%. Rollins’s dividend payout ratio is 66.67%.

Insider Activity at Rollins

In other news, insider Thomas D. Tesh sold 1,921 shares of the company’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $51.78, for a total value of $99,469.38. Following the sale, the insider now directly owns 41,173 shares of the company’s stock, valued at approximately $2,131,937.94. This represents a 4.46 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Elizabeth B. Chandler sold 13,193 shares of Rollins stock in a transaction on Friday, February 21st. The stock was sold at an average price of $51.18, for a total transaction 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 represents a 14.70 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 20,259 shares of company stock worth $1,047,330 over the last three months. Company insiders own 4.47% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on ROL. Barclays upped their price target on shares of Rollins from $50.00 to $55.00 and gave the stock an “equal weight” rating in a report on Friday, April 4th. Canaccord Genuity Group upped their target price on Rollins from $49.00 to $50.00 and gave the stock a “hold” rating in a research note on Friday, April 25th. Morgan Stanley lifted their price target on Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. Royal Bank of Canada upped their price objective on Rollins from $52.00 to $62.00 and gave the stock an “outperform” rating in a research report on Thursday, April 17th. Finally, StockNews.com upgraded Rollins from a “hold” rating to a “buy” rating in a research report on Thursday, April 17th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $55.57.

Rollins Company 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.