Caisse Des Depots ET Consignations Makes New $5.26 Million Investment in Rollins, Inc. (NYSE:ROL)

Caisse Des Depots ET Consignations acquired a new stake in shares of Rollins, Inc. (NYSE:ROL) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 113,468 shares of the business services provider’s stock, valued at approximately $5,259,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of ROL. Blair William & Co. IL boosted its stake in shares of Rollins by 5.7% during the 4th quarter. Blair William & Co. IL now owns 2,176,043 shares of the business services provider’s stock worth $100,860,000 after acquiring an additional 117,013 shares in the last quarter. NEOS Investment Management LLC grew its stake in Rollins by 28.5% during the 4th quarter. NEOS Investment Management LLC now owns 11,183 shares of the business services provider’s stock valued at $518,000 after acquiring an additional 2,483 shares in the last quarter. UniSuper Management Pty Ltd increased its holdings in shares of Rollins by 24.9% in the fourth quarter. UniSuper Management Pty Ltd now owns 43,157 shares of the business services provider’s stock valued at $2,000,000 after purchasing an additional 8,596 shares during the last quarter. Elo Mutual Pension Insurance Co raised its holdings in shares of Rollins by 25.2% during the 4th quarter. Elo Mutual Pension Insurance Co now owns 32,313 shares of the business services provider’s stock worth $1,498,000 after acquiring an additional 6,506 shares during the period. Finally, Montanaro Asset Management Ltd grew its stake in shares of Rollins by 3.2% in the 4th quarter. Montanaro Asset Management Ltd now owns 256,000 shares of the business services provider’s stock valued at $11,866,000 after buying an additional 8,000 shares during the period. Institutional investors and hedge funds own 51.79% of the company’s stock.

Insider Activity

In other Rollins news, insider Elizabeth B. Chandler sold 13,193 shares of the business’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $51.18, for a total transaction of $675,217.74. Following the sale, the insider now directly owns 76,526 shares of the company’s stock, valued at $3,916,600.68. The trade was a 14.70 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Thomas D. Tesh sold 1,921 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $51.78, for a total transaction of $99,469.38. Following the sale, the insider now owns 41,173 shares of the company’s stock, valued at approximately $2,131,937.94. This represents a 4.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 18,338 shares of company stock valued at $945,882. Company insiders own 4.69% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on ROL shares. Canaccord Genuity Group upped their price target on Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research note on Friday, February 14th. Wells Fargo & Company boosted their price target on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. Morgan Stanley increased their price objective on Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. UBS Group boosted their target price on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research note on Friday, January 17th. Finally, StockNews.com lowered Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, March 12th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, Rollins presently has an average rating of “Hold” and an average price target of $52.00.

Rollins Stock Performance

NYSE ROL opened at $53.03 on Thursday. The stock has a market cap of $25.72 billion, a price-to-earnings ratio of 55.24 and a beta of 0.78. The business has a fifty day moving average of $50.68 and a 200-day moving average of $49.52. Rollins, Inc. has a fifty-two week low of $41.72 and a fifty-two week high of $53.72. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. As a group, analysts predict that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 25th were given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 1.24%. The ex-dividend date was Tuesday, February 25th. Rollins’s dividend payout ratio is currently 68.75%.

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.