Rollins, Inc. (NYSE:ROL) Shares Sold by Aviva PLC

Aviva PLC cut its position in Rollins, Inc. (NYSE:ROL) by 2.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 23,031 shares of the business services provider’s stock after selling 612 shares during the period. Aviva PLC’s holdings in Rollins were worth $1,067,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Rollins in the fourth quarter valued at $29,000. Centricity Wealth Management LLC acquired a new stake in shares of Rollins in the fourth quarter valued at $31,000. Mizuho Bank Ltd. acquired a new stake in shares of Rollins in the fourth quarter valued at $37,000. Versant Capital Management Inc grew its stake in shares of Rollins by 57.8% in the fourth quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock valued at $41,000 after buying an additional 326 shares in the last quarter. Finally, Atala Financial Inc purchased a new position in Rollins in the fourth quarter valued at $47,000. 51.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Barclays lifted their target price on Rollins from $50.00 to $55.00 and gave the company an “equal weight” rating in a report on Friday, April 4th. Morgan Stanley lifted their target price on Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. StockNews.com lowered Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, March 12th. Wells Fargo & Company lifted their target price on Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a report on Monday, December 16th. Finally, UBS Group lifted their target price on Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a report on Friday, January 17th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $52.83.

Insider Activity

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

Rollins Stock Up 5.0 %

Shares of NYSE ROL opened at $53.20 on Thursday. The company has a market capitalization of $25.81 billion, a price-to-earnings ratio of 55.42 and a beta of 0.80. 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 business has a 50-day moving average of $51.70 and a two-hundred day moving average of $49.75. Rollins, Inc. has a 1 year low of $41.72 and a 1 year high of $56.26.

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

Rollins Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th were issued a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend was Tuesday, February 25th. Rollins’s 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.