EntryPoint Capital LLC Purchases New Position in Rollins, Inc. (NYSE:ROL)

EntryPoint Capital LLC acquired a new position in Rollins, Inc. (NYSE:ROL) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,377 shares of the business services provider’s stock, valued at approximately $249,000.

Several other institutional investors also recently bought and sold shares of the company. Cerity Partners LLC raised its holdings in shares of Rollins by 45.4% in the third quarter. Cerity Partners LLC now owns 33,310 shares of the business services provider’s stock valued at $1,685,000 after acquiring an additional 10,393 shares in the last quarter. Daiwa Securities Group Inc. increased its position in Rollins by 11.4% during the 3rd quarter. Daiwa Securities Group Inc. now owns 34,824 shares of the business services provider’s stock valued at $1,761,000 after purchasing an additional 3,564 shares during the period. FMR LLC raised its holdings in shares of Rollins by 65.9% in the 3rd quarter. FMR LLC now owns 39,200 shares of the business services provider’s stock valued at $1,983,000 after purchasing an additional 15,574 shares in the last quarter. Brooklyn Investment Group purchased a new stake in shares of Rollins in the 3rd quarter worth approximately $28,000. Finally, Townsquare Capital LLC boosted its stake in shares of Rollins by 8.9% during the third quarter. Townsquare Capital LLC now owns 5,993 shares of the business services provider’s stock valued at $303,000 after purchasing an additional 490 shares in the last quarter. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on ROL shares. Canaccord Genuity Group boosted their price objective on shares of Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research note on Friday, February 14th. StockNews.com downgraded Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, March 12th. Wells Fargo & Company boosted their target price on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. Royal Bank of Canada reissued an “outperform” rating and set a $52.00 price target on shares of Rollins in a research report on Monday, January 6th. Finally, Morgan Stanley lifted their price objective on shares of Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $52.00.

Rollins Price Performance

Shares of ROL stock opened at $53.04 on Friday. Rollins, Inc. has a fifty-two week low of $41.72 and a fifty-two week high of $54.00. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69. The firm has a market capitalization of $25.73 billion, a price-to-earnings ratio of 55.25 and a beta of 0.78. The stock’s 50-day simple moving average is $50.88 and its 200-day simple moving average is $49.57.

Rollins (NYSE:ROL) last released its earnings results on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, hitting analysts’ consensus estimates of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. As a group, equities analysts forecast that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th were issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date was Tuesday, February 25th. Rollins’s dividend payout ratio (DPR) is presently 68.75%.

Insider Activity at Rollins

In related news, insider Traci Hornfeck sold 3,224 shares of the company’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total value of $171,194.40. Following the sale, the insider now owns 9,602 shares in the company, valued at $509,866.20. This represents a 25.14 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Elizabeth B. Chandler sold 13,193 shares of the firm’s stock in a transaction that occurred 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 18,338 shares of company stock valued at $945,882 in the last ninety days. Company insiders own 4.47% of the company’s stock.

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.