Rollins, Inc. (NYSE:ROL) Shares Acquired by KFG Wealth Management LLC

KFG Wealth Management LLC increased its stake in Rollins, Inc. (NYSE:ROL) by 3.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 11,094 shares of the business services provider’s stock after acquiring an additional 370 shares during the quarter. KFG Wealth Management LLC’s holdings in Rollins were worth $514,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in ROL. Public Sector Pension Investment Board lifted its position in shares of Rollins by 85.6% during the 2nd quarter. Public Sector Pension Investment Board now owns 9,527 shares of the business services provider’s stock valued at $465,000 after acquiring an additional 4,395 shares during the period. Bank of Montreal Can raised its holdings in Rollins by 13.9% during the second quarter. Bank of Montreal Can now owns 239,222 shares of the business services provider’s stock worth $11,932,000 after purchasing an additional 29,157 shares during the last quarter. Marshall Wace LLP acquired a new position in Rollins during the second quarter worth $3,788,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its position in Rollins by 61.2% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 55,604 shares of the business services provider’s stock worth $2,713,000 after purchasing an additional 21,104 shares in the last quarter. Finally, MBB Public Markets I LLC grew its holdings in Rollins by 378.8% in the second quarter. MBB Public Markets I LLC now owns 23,328 shares of the business services provider’s stock valued at $1,138,000 after purchasing an additional 18,456 shares during the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Stock Performance

Shares of NYSE ROL opened at $48.32 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.78 and a quick ratio of 0.72. The company has a market cap of $23.40 billion, a PE ratio of 50.33 and a beta of 0.75. The company has a 50-day simple moving average of $48.17 and a 200-day simple moving average of $48.90. Rollins, Inc. has a 12 month low of $40.41 and a 12 month high of $52.16.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.01). Rollins had a net margin of 14.18% and a return on equity of 38.67%. 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 earnings per share. The company’s revenue was up 9.0% on a year-over-year basis. On average, equities analysts anticipate that Rollins, Inc. will post 0.99 earnings per share for the current year.

Rollins Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th will be given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date of this dividend is Tuesday, February 25th. Rollins’s dividend payout ratio is currently 68.75%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on ROL shares. UBS Group lifted their price target on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research note on Friday, January 17th. Canaccord Genuity Group began coverage on shares of Rollins in a research report on Tuesday, January 7th. They set a “hold” rating and a $48.00 target price for the company. StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Morgan Stanley lifted their price objective on Rollins from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. Finally, Barclays began coverage on Rollins in a report on Monday, November 4th. They set an “equal weight” rating and a $50.00 target price on the stock. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Rollins has an average rating of “Hold” and an average price target of $51.50.

Insider Buying and Selling

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