Buckhead Capital Management LLC Boosts Holdings in Rollins, Inc. (NYSE:ROL)

Buckhead Capital Management LLC lifted its position in shares of Rollins, Inc. (NYSE:ROL) by 12.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,600 shares of the business services provider’s stock after acquiring an additional 1,402 shares during the quarter. Buckhead Capital Management LLC’s holdings in Rollins were worth $550,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Victory Capital Management Inc. boosted its stake in shares of Rollins by 18.1% during the 4th quarter. Victory Capital Management Inc. now owns 217,791 shares of the business services provider’s stock worth $9,511,000 after acquiring an additional 33,349 shares in the last quarter. Van ECK Associates Corp boosted its stake in shares of Rollins by 27.2% during the 4th quarter. Van ECK Associates Corp now owns 48,836 shares of the business services provider’s stock worth $2,133,000 after acquiring an additional 10,445 shares in the last quarter. Retirement Systems of Alabama boosted its stake in shares of Rollins by 7.9% during the 4th quarter. Retirement Systems of Alabama now owns 182,014 shares of the business services provider’s stock worth $7,949,000 after acquiring an additional 13,336 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Rollins by 7.3% during the 4th quarter. Russell Investments Group Ltd. now owns 138,593 shares of the business services provider’s stock worth $6,055,000 after acquiring an additional 9,409 shares in the last quarter. Finally, Markel Group Inc. boosted its stake in shares of Rollins by 1.7% during the 4th quarter. Markel Group Inc. now owns 1,407,275 shares of the business services provider’s stock worth $61,456,000 after acquiring an additional 24,000 shares in the last quarter. 51.79% of the stock is owned by hedge funds and other institutional investors.

Rollins Trading Up 0.3 %

Shares of NYSE ROL traded up $0.12 during midday trading on Wednesday, reaching $44.68. 2,229,113 shares of the stock were exchanged, compared to its average volume of 1,947,093. The company has a 50 day simple moving average of $44.69 and a 200 day simple moving average of $42.32. The stock has a market capitalization of $21.64 billion, a P/E ratio of 50.07, a PEG ratio of 3.43 and a beta of 0.63. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.66 and a current ratio of 0.72. Rollins, Inc. has a twelve month low of $32.19 and a twelve month high of $47.45.

Rollins (NYSE:ROL) last announced its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.20. The business had revenue of $748.35 million during the quarter, compared to the consensus estimate of $739.12 million. Rollins had a net margin of 13.94% and a return on equity of 37.73%. The business’s revenue was up 13.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.18 EPS. As a group, equities analysts expect that Rollins, Inc. will post 1 earnings per share for the current year.

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Friday, May 10th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, May 9th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.34%. Rollins’s payout ratio is currently 67.42%.

Insider Buying and Selling

In related news, insider Traci Hornfeck sold 2,677 shares of the stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $43.48, for a total transaction of $116,395.96. Following the completion of the transaction, the insider now owns 14,376 shares of the company’s stock, valued at approximately $625,068.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Traci Hornfeck sold 2,677 shares of the stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $43.48, for a total transaction of $116,395.96. Following the completion of the transaction, the insider now owns 14,376 shares of the company’s stock, valued at approximately $625,068.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Elizabeth B. Chandler sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total transaction of $410,500.00. Following the completion of the transaction, the insider now directly owns 99,709 shares of the company’s stock, valued at approximately $4,093,054.45. The disclosure for this sale can be found here. In the last quarter, insiders sold 27,824 shares of company stock valued at $1,219,558. Company insiders own 4.69% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on ROL shares. The Goldman Sachs Group started coverage on shares of Rollins in a research report on Tuesday, January 2nd. They set a “buy” rating and a $49.00 price target for the company. StockNews.com downgraded shares of Rollins from a “buy” rating to a “hold” rating in a research report on Thursday, April 25th. Royal Bank of Canada restated an “outperform” rating and set a $52.00 price target on shares of Rollins in a research report on Thursday, February 15th. UBS Group restated a “neutral” rating and set a $49.00 price target on shares of Rollins in a research report on Monday, April 15th. Finally, Morgan Stanley increased their price objective on shares of Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a report on Friday, April 26th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $47.00.

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.