Los Angeles Capital Management LLC Takes $2.95 Million Position in Rollins, Inc. (NYSE:ROL)

Los Angeles Capital Management LLC bought a new position in shares of Rollins, Inc. (NYSE:ROL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 67,573 shares of the business services provider’s stock, valued at approximately $2,951,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ROL. Lindbrook Capital LLC grew its stake in shares of Rollins by 72.4% during the 4th quarter. Lindbrook Capital LLC now owns 619 shares of the business services provider’s stock worth $27,000 after purchasing an additional 260 shares during the period. Operose Advisors LLC purchased a new stake in Rollins during the third quarter worth $47,000. First Horizon Advisors Inc. increased its holdings in Rollins by 224.5% in the third quarter. First Horizon Advisors Inc. now owns 1,603 shares of the business services provider’s stock valued at $60,000 after buying an additional 1,109 shares in the last quarter. Blue Trust Inc. increased its holdings in Rollins by 65.9% in the fourth quarter. Blue Trust Inc. now owns 1,453 shares of the business services provider’s stock valued at $63,000 after buying an additional 577 shares in the last quarter. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in shares of Rollins in the third quarter worth about $75,000. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Morgan Stanley lifted their price target on Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a research note on Friday, April 26th. UBS Group reaffirmed a “neutral” rating and set a $49.00 target price on shares of Rollins in a research note on Monday, April 15th. Royal Bank of Canada reiterated an “outperform” rating and set a $52.00 target price on shares of Rollins in a research report on Thursday, February 15th. Finally, StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a report on Thursday, April 25th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, Rollins presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.00.

Insider Transactions at Rollins

In related news, insider Elizabeth B. Chandler sold 10,000 shares of the stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total value of $410,500.00. Following the completion of the sale, the insider now owns 99,709 shares of the company’s stock, valued at $4,093,054.45. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Rollins news, insider Traci Hornfeck sold 2,677 shares of the business’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $43.48, for a total value of $116,395.96. Following the transaction, the insider now directly owns 14,376 shares in the company, valued at approximately $625,068.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Elizabeth B. Chandler sold 10,000 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total transaction of $410,500.00. Following the completion of the sale, the insider now directly owns 99,709 shares of the company’s stock, valued at approximately $4,093,054.45. The disclosure for this sale can be found here. Insiders have sold a total of 27,824 shares of company stock worth $1,219,558 in the last ninety days. Insiders own 4.69% of the company’s stock.

Rollins Stock Up 2.1 %

Shares of ROL opened at $47.10 on Tuesday. The stock has a 50 day moving average price of $44.96 and a 200 day moving average price of $42.61. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.66 and a current ratio of 0.72. The stock has a market capitalization of $22.81 billion, a price-to-earnings ratio of 52.92, a PEG ratio of 3.53 and a beta of 0.65. Rollins, Inc. has a one year low of $32.19 and a one year high of $47.45.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, April 24th. The business services provider reported $0.20 EPS for the quarter, meeting analysts’ consensus estimates of $0.20. The business had revenue of $748.35 million during the quarter, compared to analysts’ expectations of $739.12 million. Rollins had a net margin of 13.94% and a return on equity of 37.73%. The company’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.18 earnings per share. Equities research analysts forecast that Rollins, Inc. will post 1 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Friday, May 10th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date is Thursday, May 9th. Rollins’s dividend payout ratio (DPR) is 67.42%.

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.