Rollins, Inc. (NYSE:ROL) Shares Purchased by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd grew its holdings in shares of Rollins, Inc. (NYSE:ROL) by 24.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 43,157 shares of the business services provider’s stock after purchasing an additional 8,596 shares during the period. UniSuper Management Pty Ltd’s holdings in Rollins were worth $2,000,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Eastern Bank raised its stake in Rollins by 0.5% during the fourth quarter. Eastern Bank now owns 50,410 shares of the business services provider’s stock worth $2,337,000 after acquiring an additional 236 shares during the period. Kensington Investment Counsel LLC raised its position in shares of Rollins by 0.7% during the 4th quarter. Kensington Investment Counsel LLC now owns 38,120 shares of the business services provider’s stock worth $1,767,000 after purchasing an additional 263 shares during the period. New York Life Investment Management LLC lifted its holdings in shares of Rollins by 0.7% in the 4th quarter. New York Life Investment Management LLC now owns 37,794 shares of the business services provider’s stock worth $1,752,000 after purchasing an additional 274 shares during the last quarter. Motley Fool Asset Management LLC boosted its position in Rollins by 3.0% during 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. Finally, SRS Capital Advisors Inc. grew its stake in Rollins by 25.7% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider’s stock worth $66,000 after buying an additional 292 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Rollins news, insider Elizabeth B. Chandler sold 13,193 shares of Rollins stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $51.18, for a total value of $675,217.74. Following the transaction, the insider now 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 transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Thomas D. Tesh sold 1,921 shares of the company’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $51.78, for a total value of $99,469.38. Following the completion of the transaction, the insider now directly owns 41,173 shares in the company, valued at $2,131,937.94. This represents a 4.46 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 18,338 shares of company stock worth $945,882. 4.47% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ROL. Canaccord Genuity Group boosted their price target on shares of Rollins from $48.00 to $49.00 and gave the company a “hold” rating in a report on Friday, February 14th. StockNews.com cut shares of Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, March 12th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 price target on shares of Rollins in a report on Monday, January 6th. Morgan Stanley increased their price objective on Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Finally, Wells Fargo & Company lifted their target price on Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $52.00.

Rollins Trading Down 1.4 %

Rollins stock opened at $53.04 on Monday. Rollins, Inc. has a 12-month low of $41.72 and a 12-month high of $54.00. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62. The stock has a market capitalization of $25.73 billion, a PE ratio of 55.25 and a beta of 0.78. The firm has a 50 day simple moving average of $50.88 and a 200-day simple moving average of $49.56.

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

Rollins Announces Dividend

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

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.