Massmutual Trust Co. FSB ADV Purchases 6,000 Shares of Rollins, Inc. (NYSE:ROL)

Massmutual Trust Co. FSB ADV raised its holdings in shares of Rollins, Inc. (NYSE:ROL) by 6.2% during the second quarter, according to its most recent filing with the SEC. The firm owned 103,282 shares of the business services provider’s stock after purchasing an additional 6,000 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in Rollins were worth $5,039,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of ROL. Lindbrook Capital LLC increased its holdings in shares of Rollins by 72.4% in the 4th quarter. Lindbrook Capital LLC now owns 619 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 260 shares during the period. Spire Wealth Management lifted its position in shares of Rollins by 139.7% during the fourth quarter. Spire Wealth Management now owns 755 shares of the business services provider’s stock valued at $33,000 after buying an additional 440 shares during the last quarter. Principal Securities Inc. bought a new stake in shares of Rollins in the 4th quarter valued at about $36,000. Blue Trust Inc. grew its position in shares of Rollins by 65.9% in the 4th quarter. Blue Trust Inc. now owns 1,453 shares of the business services provider’s stock worth $63,000 after buying an additional 577 shares during the last quarter. Finally, Quadrant Capital Group LLC raised its stake 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 acquiring an additional 365 shares in the last quarter. Institutional investors own 51.79% of the company’s stock.

Rollins Stock Performance

Shares of ROL stock traded down $0.38 during mid-day trading on Monday, reaching $47.63. The stock had a trading volume of 1,823,677 shares, compared to its average volume of 1,801,752. Rollins, Inc. has a 1-year low of $32.19 and a 1-year high of $50.87. The firm has a market cap of $23.07 billion, a price-to-earnings ratio of 53.52, a PEG ratio of 3.72 and a beta of 0.70. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 0.41. The business’s fifty day moving average is $48.43 and its 200-day moving average is $45.98.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, July 24th. The business services provider reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. The company had revenue of $891.90 million for the quarter, compared to the consensus estimate of $895.02 million. Rollins had a net margin of 14.23% and a return on equity of 40.10%. Rollins’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.23 EPS. On average, research analysts forecast that Rollins, Inc. will post 1 earnings per share for the current year.

Rollins Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 10th. Shareholders of record on Monday, August 12th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend is Monday, August 12th. Rollins’s payout ratio is 67.42%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on ROL. Royal Bank of Canada restated an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research note on Thursday, July 25th. Morgan Stanley upped their target price on Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a research report on Friday, April 26th. UBS Group reissued a “neutral” rating and issued a $49.00 price target on shares of Rollins in a report on Monday, April 15th. Finally, StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, July 10th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $46.60.

Insiders Place Their Bets

In other Rollins news, insider Elizabeth B. Chandler sold 4,686 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $47.82, for a total value of $224,084.52. Following the completion of the transaction, the insider now directly owns 95,023 shares of the company’s stock, valued at $4,543,999.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO Jerry Jr. Gahlhoff sold 12,000 shares of Rollins stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $47.20, for a total value 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 document filed with the SEC, which is available through the SEC website. Also, insider Elizabeth B. Chandler sold 4,686 shares of the company’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $47.82, for a total value of $224,084.52. Following the completion of the transaction, the insider now directly owns 95,023 shares of the company’s stock, valued at approximately $4,543,999.86. The disclosure for this sale can be found here. In the last three months, insiders have sold 20,017 shares of company stock valued at $948,707. Company insiders own 4.69% of the company’s stock.

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.