Simon Quick Advisors LLC Purchases 1,573 Shares of Rollins, Inc. (NYSE:ROL)

Simon Quick Advisors LLC lifted its holdings in shares of Rollins, Inc. (NYSE:ROL) by 34.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,076 shares of the business services provider’s stock after buying an additional 1,573 shares during the period. Simon Quick Advisors LLC’s holdings in Rollins were worth $282,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of ROL. B.O.S.S. Retirement Advisors LLC lifted its stake in shares of Rollins by 4.9% in the 3rd quarter. B.O.S.S. Retirement Advisors LLC now owns 4,543 shares of the business services provider’s stock valued at $230,000 after acquiring an additional 212 shares during the last quarter. Eastern Bank lifted its stake in shares of Rollins by 0.5% in the 4th quarter. Eastern Bank now owns 50,410 shares of the business services provider’s stock valued at $2,337,000 after purchasing an additional 236 shares during the period. Mather Group LLC. lifted its stake in Rollins by 8.8% in the third quarter. Mather Group LLC. now owns 3,027 shares of the business services provider’s stock valued at $153,000 after buying an additional 246 shares during the period. Federated Hermes Inc. boosted its stake in Rollins by 16.4% during the second quarter. Federated Hermes Inc. now owns 1,766 shares of the business services provider’s stock worth $86,000 after acquiring an additional 249 shares in the last quarter. Finally, Raymond James Trust N.A. boosted its position in shares of Rollins by 1.9% during the 3rd quarter. Raymond James Trust N.A. now owns 13,283 shares of the business services provider’s stock worth $672,000 after purchasing an additional 252 shares in the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Price Performance

NYSE:ROL opened at $48.60 on Friday. The firm has a market capitalization of $23.53 billion, a price-to-earnings ratio of 50.62 and a beta of 0.75. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.72 and a current ratio of 0.78. The stock has a fifty day moving average of $48.23 and a 200 day moving average of $48.92. Rollins, Inc. has a 52-week low of $40.41 and a 52-week high of $52.16.

Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.01). Rollins had a return on equity of 38.67% and a net margin of 14.18%. The company had revenue of $916.27 million for the quarter, compared to the consensus estimate of $911.15 million. During the same period in the prior year, the firm posted $0.28 earnings per share. The business’s revenue was up 9.0% on a year-over-year basis. On average, research analysts expect that Rollins, Inc. will post 0.99 EPS for the current fiscal year.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be given a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a yield of 1.36%. Rollins’s payout ratio is 68.75%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on ROL. StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, January 8th. UBS Group upped 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. Canaccord Genuity Group assumed coverage on shares of Rollins in a report on Tuesday, January 7th. They set a “hold” rating and a $48.00 price objective for the company. Wells Fargo & Company raised their target price on Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. Finally, Morgan Stanley boosted their price target on shares of Rollins from $46.00 to $48.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $51.50.

Insider Activity

In other news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $49.88, for a total value of $735,730.00. Following the transaction, the insider now owns 124,214 shares in the company, valued at approximately $6,195,794.32. This trade represents a 10.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 4.69% of the stock is owned by corporate insiders.

About Rollins

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.