Advisor OS LLC Sells 6,691 Shares of Rollins, Inc. (NYSE:ROL)

Advisor OS LLC reduced its stake in Rollins, Inc. (NYSE:ROL) by 42.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,062 shares of the business services provider’s stock after selling 6,691 shares during the period. Advisor OS LLC’s holdings in Rollins were worth $420,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Eastern Bank raised its stake in shares of Rollins by 0.5% in the 4th quarter. Eastern Bank now owns 50,410 shares of the business services provider’s stock valued at $2,337,000 after purchasing an additional 236 shares during the period. Raymond James Trust N.A. raised its stake in shares of Rollins by 1.9% in the 3rd quarter. Raymond James Trust N.A. now owns 13,283 shares of the business services provider’s stock valued at $672,000 after purchasing an additional 252 shares during the period. Motley Fool Asset Management LLC raised its stake in shares of Rollins by 3.0% in the 3rd quarter. Motley Fool Asset Management LLC now owns 10,072 shares of the business services provider’s stock valued at $509,000 after purchasing an additional 289 shares during the period. Mather Group LLC. raised its stake in shares of Rollins by 9.8% in the 4th quarter. Mather Group LLC. now owns 3,325 shares of the business services provider’s stock valued at $154,000 after purchasing an additional 298 shares during the period. Finally, Empirical Finance LLC raised its stake in shares of Rollins by 3.9% in the 3rd quarter. Empirical Finance LLC now owns 8,123 shares of the business services provider’s stock valued at $411,000 after purchasing an additional 302 shares during the period. 51.79% of the stock is currently owned by institutional investors.

Rollins Trading Up 0.2 %

Rollins stock opened at $51.39 on Friday. Rollins, Inc. has a 52 week low of $41.72 and a 52 week high of $52.83. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69. The stock has a market capitalization of $24.88 billion, a P/E ratio of 53.53 and a beta of 0.76. The stock has a 50-day simple moving average of $48.57 and a 200 day simple moving average of $49.21.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. Analysts expect that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th will be issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date is Tuesday, February 25th. Rollins’s dividend payout ratio is presently 68.75%.

Analyst Upgrades and Downgrades

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, February 19th. Morgan Stanley lifted their target price on Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Canaccord Genuity Group lifted their target price on Rollins from $48.00 to $49.00 and gave the company a “hold” rating in a research report on Friday, February 14th. Barclays initiated coverage on Rollins in a research report on Monday, November 4th. They issued an “equal weight” rating and a $50.00 target price on the stock. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research report on Monday, January 6th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $52.00.

Insider Transactions at Rollins

In related news, insider Elizabeth B. Chandler sold 13,193 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $51.18, for a total value of $675,217.74. Following the completion of the sale, the insider now directly owns 76,526 shares in the company, valued at approximately $3,916,600.68. The trade was a 14.70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate 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.