Rollins, Inc. (NYSE:ROL) Shares Purchased by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd increased its position in shares of Rollins, Inc. (NYSE:ROL) by 501.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,500 shares of the business services provider’s stock after buying an additional 19,596 shares during the period. UniSuper Management Pty Ltd’s holdings in Rollins were worth $1,087,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of ROL. Lindbrook Capital LLC lifted its position 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 buying an additional 260 shares during the last quarter. Spire Wealth Management increased its stake in Rollins by 139.7% in the 4th quarter. Spire Wealth Management now owns 755 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 440 shares in the last quarter. Principal Securities Inc. acquired a new position in shares of Rollins during the 4th quarter worth $36,000. Blue Trust Inc. raised its position in Rollins by 65.9% during the fourth quarter. Blue Trust Inc. now owns 1,453 shares of the business services provider’s stock worth $63,000 after acquiring an additional 577 shares during the last quarter. Finally, Quadrant Capital Group LLC raised its position in shares of Rollins by 22.3% during the 4th quarter. Quadrant Capital Group LLC now owns 2,004 shares of the business services provider’s stock worth $88,000 after purchasing an additional 365 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Morgan Stanley upped their price objective on shares of Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a research note on Friday, April 26th. StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research note on Wednesday, July 10th. Finally, UBS Group restated a “neutral” rating and set a $49.00 price objective on shares of Rollins in a research note on Monday, April 15th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $46.60.

Rollins Price Performance

Shares of NYSE:ROL remained flat at $49.95 during trading on Wednesday. 1,520,939 shares of the company were exchanged, compared to its average volume of 1,774,232. The stock has a market cap of $24.19 billion, a PE ratio of 56.12, a P/E/G ratio of 3.86 and a beta of 0.70. Rollins, Inc. has a twelve month low of $32.19 and a twelve month high of $50.87. The company’s 50 day moving average is $48.23 and its 200 day moving average is $45.75. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.72 and a quick ratio of 0.66.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, July 24th. The business services provider reported $0.27 EPS for the quarter, meeting the consensus estimate of $0.27. The company had revenue of $891.90 million during the quarter, compared to analyst estimates of $895.02 million. Rollins had a return on equity of 37.73% and a net margin of 13.94%. The business’s revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.23 earnings per share. Equities research analysts predict that Rollins, Inc. will post 1 earnings per share for the current fiscal year.

Rollins Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 10th. Shareholders of record on Monday, August 12th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend is Monday, August 12th. Rollins’s payout ratio is 67.42%.

Insider Activity

In related news, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $45.00, for a total value of $225,000.00. Following the sale, the chief financial officer now owns 94,078 shares of the company’s stock, valued at approximately $4,233,510. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Rollins news, CEO Jerry Jr. Gahlhoff sold 12,000 shares of the business’s stock in a transaction on Friday, June 7th. The stock was sold at an average price of $47.20, for a total transaction of $566,400.00. Following the completion of the transaction, the chief executive officer now owns 288,671 shares in the company, valued at approximately $13,625,271.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Kenneth D. Krause sold 5,000 shares of the firm’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of $45.00, for a total value of $225,000.00. Following the transaction, the chief financial officer now directly owns 94,078 shares in the company, valued at $4,233,510. The disclosure for this sale can be found here. Over the last quarter, insiders sold 20,331 shares of company stock valued at $949,623. 4.69% of the stock is currently owned by company insiders.

Rollins Company 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.