Siemens Fonds Invest GmbH Reduces Holdings in Rollins, Inc. (NYSE:ROL)

Siemens Fonds Invest GmbH decreased its holdings in shares of Rollins, Inc. (NYSE:ROL) by 71.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 3,768 shares of the business services provider’s stock after selling 9,598 shares during the period. Siemens Fonds Invest GmbH’s holdings in Rollins were worth $175,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Murphy & Mullick Capital Management Corp purchased a new stake in Rollins in the fourth quarter valued at approximately $29,000. Centricity Wealth Management LLC purchased a new stake in Rollins in the fourth quarter valued at approximately $31,000. Mizuho Bank Ltd. purchased a new stake in Rollins in the fourth quarter valued at approximately $37,000. Atala Financial Inc purchased a new stake in Rollins in the fourth quarter valued at approximately $47,000. Finally, Colonial Trust Co SC boosted its position in Rollins by 61.3% in the fourth quarter. Colonial Trust Co SC now owns 1,081 shares of the business services provider’s stock valued at $50,000 after buying an additional 411 shares during the last quarter. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Rollins Trading Up 1.2%

Shares of NYSE:ROL opened at $57.04 on Monday. Rollins, Inc. has a 12-month low of $45.00 and a 12-month high of $57.43. The company has a market capitalization of $27.64 billion, a PE ratio of 59.42 and a beta of 0.79. The business has a 50 day moving average of $54.29 and a two-hundred day moving average of $51.00. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30.

Rollins (NYSE:ROL) last announced its quarterly earnings results 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 return on equity of 37.94% and a net margin of 13.76%. The company had revenue of $822.50 million during the quarter, compared to the consensus estimate of $817.09 million. During the same period in the previous year, the company posted $0.20 earnings per share. Rollins’s revenue for the quarter was up 9.9% on a year-over-year basis. As a group, analysts forecast that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

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

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Royal Bank of Canada upped their target price on Rollins from $52.00 to $62.00 and gave the company an “outperform” rating in a research report on Thursday, April 17th. Barclays upped their target price on Rollins from $50.00 to $55.00 and gave the company an “equal weight” rating in a research report on Friday, April 4th. The Goldman Sachs Group set a $61.00 target price on Rollins and gave the company a “buy” rating in a research report on Thursday, April 24th. Canaccord Genuity Group upped their target price on Rollins from $49.00 to $50.00 and gave the company a “hold” rating in a research report on Friday, April 25th. Finally, Morgan Stanley upped their target price on Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Rollins presently has an average rating of “Moderate Buy” and an average target price of $55.57.

Insider Transactions at Rollins

In other news, insider Thomas D. Tesh sold 1,921 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $51.78, for a total transaction of $99,469.38. Following the completion of the transaction, the insider now directly owns 41,173 shares of the company’s stock, valued at $2,131,937.94. This represents a 4.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Elizabeth B. Chandler sold 13,193 shares of the company’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 value of $675,217.74. Following the transaction, the insider now directly owns 76,526 shares of the company’s stock, valued at approximately $3,916,600.68. The trade was a 14.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 22,180 shares of company stock valued at $1,155,943 in the last three months. 4.47% of the stock is currently owned by company insiders.

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.