Rollins, Inc. (NYSE:ROL) Position Increased by Middleton & Co. Inc. MA

Middleton & Co. Inc. MA increased its holdings in Rollins, Inc. (NYSE:ROL) by 2.1% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 46,990 shares of the business services provider’s stock after buying an additional 975 shares during the period. Middleton & Co. Inc. MA’s holdings in Rollins were worth $2,377,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the business. Allworth Financial LP increased its position in Rollins by 175.2% in the third quarter. Allworth Financial LP now owns 2,086 shares of the business services provider’s stock worth $106,000 after buying an additional 1,328 shares during the period. Freedom Day Solutions LLC acquired a new stake in shares of Rollins in the 3rd quarter worth about $1,650,000. E. Ohman J or Asset Management AB lifted its position in Rollins by 6.9% in the 3rd quarter. E. Ohman J or Asset Management AB now owns 706,273 shares of the business services provider’s stock valued at $35,723,000 after purchasing an additional 45,652 shares during the last quarter. Values First Advisors Inc. boosted its stake in Rollins by 15.7% during the 3rd quarter. Values First Advisors Inc. now owns 17,316 shares of the business services provider’s stock valued at $876,000 after purchasing an additional 2,353 shares during the period. Finally, International Assets Investment Management LLC boosted its stake in Rollins by 4,900.2% during the 3rd quarter. International Assets Investment Management LLC now owns 83,154 shares of the business services provider’s stock valued at $4,206,000 after purchasing an additional 81,491 shares during the period. Institutional investors own 51.79% of the company’s stock.

Rollins Price Performance

NYSE:ROL opened at $46.54 on Friday. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.41. The business’s 50-day moving average price is $49.89 and its 200 day moving average price is $48.13. Rollins, Inc. has a 52-week low of $35.54 and a 52-week high of $51.96. The firm has a market cap of $22.54 billion, a P/E ratio of 49.51 and a beta of 0.70.

Rollins (NYSE:ROL) last posted its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.01). Rollins had a return on equity of 40.10% and a net margin of 14.23%. The business had revenue of $916.27 million during the quarter, compared to analyst estimates of $911.15 million. During the same quarter last year, the firm posted $0.28 EPS. The company’s quarterly revenue was up 9.0% compared to the same quarter last year. As a group, sell-side analysts predict that Rollins, Inc. will post 1 earnings per share for the current fiscal year.

Rollins Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Tuesday, November 12th will be issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 1.42%. This is an increase from Rollins’s previous quarterly dividend of $0.15. The ex-dividend date is Tuesday, November 12th. Rollins’s dividend payout ratio is currently 63.83%.

Analyst Ratings Changes

ROL has been the topic of a number of recent analyst reports. Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 price target on shares of Rollins in a report on Thursday, July 25th. StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a research note on Thursday. Finally, Wells Fargo & Company raised their price target on Rollins from $54.00 to $56.00 and gave the company an “overweight” rating in a report on Tuesday, October 15th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $49.80.

Insider Activity

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

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.