Koshinski Asset Management Inc. Acquires 1,160 Shares of Rollins, Inc. (NYSE:ROL)

Koshinski Asset Management Inc. lifted its holdings in shares of Rollins, Inc. (NYSE:ROL) by 10.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,224 shares of the business services provider’s stock after purchasing an additional 1,160 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Rollins were worth $618,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Quest Partners LLC acquired a new stake in Rollins during the 2nd quarter worth approximately $33,000. Ridgewood Investments LLC bought a new stake in Rollins in the 2nd quarter valued at $34,000. Quent Capital LLC increased its holdings in Rollins by 43.9% during the 2nd quarter. Quent Capital LLC now owns 774 shares of the business services provider’s stock worth $38,000 after purchasing an additional 236 shares in the last quarter. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Rollins by 10,233.3% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 930 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 921 shares during the period. Finally, Blue Trust Inc. lifted its holdings in shares of Rollins by 114.2% in the second quarter. Blue Trust Inc. now owns 1,604 shares of the business services provider’s stock valued at $74,000 after purchasing an additional 855 shares in the last quarter. Institutional investors own 51.79% of the company’s stock.

Rollins Price Performance

Rollins stock opened at $50.16 on Tuesday. The company has a market capitalization of $24.29 billion, a price-to-earnings ratio of 53.36 and a beta of 0.70. The stock’s 50 day moving average is $49.73 and its 200-day moving average is $47.95. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 0.41. Rollins, Inc. has a 12 month low of $32.19 and a 12 month high of $51.96.

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

Rollins Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Monday, August 12th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.20%. The ex-dividend date was Monday, August 12th. Rollins’s dividend payout ratio (DPR) is currently 63.83%.

Wall Street Analyst Weigh In

ROL has been the topic of a number of recent research reports. StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd. Wells Fargo & Company initiated coverage on shares of Rollins in a research report on Monday, August 12th. They issued an “overweight” rating and a $54.00 target price for the company. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $52.00 price target on shares of Rollins in a research report on Thursday, July 25th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $47.83.

Insider Buying and Selling

In other news, insider Elizabeth B. Chandler sold 4,685 shares of the company’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $50.74, for a total transaction of $237,716.90. Following the completion of the sale, the insider now directly owns 89,338 shares in the company, valued at approximately $4,533,010.12. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Rollins news, insider Elizabeth B. Chandler sold 4,686 shares of the company’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $47.82, for a total transaction of $224,084.52. Following the completion of the sale, the insider now directly owns 95,023 shares in the company, valued at $4,543,999.86. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Elizabeth B. Chandler sold 4,685 shares of Rollins stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $50.74, for a total value of $237,716.90. Following the completion of the transaction, the insider now owns 89,338 shares in the company, valued at approximately $4,533,010.12. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 14,056 shares of company stock valued at $698,347 over the last 90 days. 4.69% of the stock is owned by corporate 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.