Rollins, Inc. (NYSE:ROL) Shares Acquired by Shelton Capital Management

Shelton Capital Management raised its stake in Rollins, Inc. (NYSE:ROL) by 6.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,417 shares of the business services provider’s stock after acquiring an additional 898 shares during the period. Shelton Capital Management’s holdings in Rollins were worth $668,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Eastern Bank raised its holdings in Rollins by 0.5% during the fourth quarter. Eastern Bank now owns 50,410 shares of the business services provider’s stock worth $2,337,000 after purchasing an additional 236 shares in the last quarter. Kensington Investment Counsel LLC grew its position in Rollins by 0.7% during the 4th quarter. Kensington Investment Counsel LLC now owns 38,120 shares of the business services provider’s stock worth $1,767,000 after purchasing an additional 263 shares in the last quarter. New York Life Investment Management LLC grew its holdings in shares of Rollins by 0.7% during the 4th quarter. New York Life Investment Management LLC now owns 37,794 shares of the business services provider’s stock valued at $1,752,000 after acquiring an additional 274 shares in the last quarter. SRS Capital Advisors Inc. grew its holdings in shares of Rollins by 25.7% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider’s stock valued at $66,000 after acquiring an additional 292 shares in the last quarter. Finally, Mather Group LLC. boosted its holdings in Rollins by 9.8% in the fourth quarter. Mather Group LLC. now owns 3,325 shares of the business services provider’s stock worth $154,000 after purchasing an additional 298 shares in the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Rollins Trading Up 5.0 %

ROL opened at $53.20 on Thursday. Rollins, Inc. has a fifty-two week low of $41.72 and a fifty-two week high of $56.26. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62. The firm has a market capitalization of $25.81 billion, a price-to-earnings ratio of 55.42 and a beta of 0.80. The company’s 50 day moving average price is $51.70 and its two-hundred day moving average price is $49.75.

Rollins (NYSE:ROL) last released its 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 net margin of 13.76% and a return on equity of 37.94%. As a group, research analysts predict that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Announces Dividend

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

Analyst Ratings Changes

A number of brokerages have recently commented on ROL. Barclays upped their price objective on shares of Rollins from $50.00 to $55.00 and gave the company an “equal weight” rating in a research report on Friday, April 4th. StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, March 12th. Morgan Stanley raised their target price on shares of Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 target price on shares of Rollins in a report on Monday, January 6th. Finally, Canaccord Genuity Group lifted their target price on shares of Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a 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, Rollins presently has a consensus rating of “Hold” and a consensus price target of $52.83.

Insider Transactions at Rollins

In related news, insider Traci Hornfeck sold 3,224 shares of the company’s stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total transaction of $171,194.40. Following the completion of the sale, the insider now directly owns 9,602 shares in the company, valued at $509,866.20. This represents a 25.14 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Thomas D. Tesh sold 1,921 shares of the business’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $51.78, for a total transaction of $99,469.38. Following the transaction, the insider now directly owns 41,173 shares in the company, valued at approximately $2,131,937.94. The trade was a 4.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 18,338 shares of company stock worth $945,882 over the last quarter. Corporate insiders own 4.47% of the company’s stock.

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.