Insider Selling: Rollins, Inc. (ROL) Insider Sells $574,269.60 in Stock
Rollins, Inc. (NYSE:ROL) insider John F. Wilson sold 12,876 shares of the stock in a transaction that occurred on Thursday, August 24th. The stock was sold at an average price of $44.60, for a total transaction of $574,269.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of Rollins, Inc. (NYSE:ROL) opened at 43.78 on Thursday. The company has a market cap of $9.54 billion, a PE ratio of 52.56 and a beta of 0.29. Rollins, Inc. has a 1-year low of $28.00 and a 1-year high of $44.98. The firm’s 50-day moving average is $42.93 and its 200-day moving average is $39.97.
Rollins (NYSE:ROL) last posted its quarterly earnings results on Wednesday, July 26th. The business services provider reported $0.25 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.25. Rollins had a return on equity of 30.26% and a net margin of 11.22%. The firm had revenue of $433.56 million for the quarter, compared to the consensus estimate of $436.81 million. During the same period in the previous year, the business earned $0.22 earnings per share. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. On average, equities analysts forecast that Rollins, Inc. will post $0.86 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, September 11th. Investors of record on Thursday, August 10th will be paid a $0.115 dividend. The ex-dividend date is Tuesday, August 8th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 1.05%. Rollins’s dividend payout ratio (DPR) is presently 55.42%.
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Several hedge funds have recently bought and sold shares of ROL. TrimTabs Asset Management LLC increased its stake in Rollins by 89.0% in the first quarter. TrimTabs Asset Management LLC now owns 3,669 shares of the business services provider’s stock worth $136,000 after buying an additional 1,728 shares during the period. Neuburgh Advisers LLC increased its stake in Rollins by 67.1% in the first quarter. Neuburgh Advisers LLC now owns 4,224 shares of the business services provider’s stock worth $157,000 after buying an additional 1,696 shares during the period. First Quadrant L P CA increased its stake in Rollins by 909.7% in the second quarter. First Quadrant L P CA now owns 3,857 shares of the business services provider’s stock worth $157,000 after buying an additional 3,475 shares during the period. Sei Investments Co. increased its stake in Rollins by 1,223.2% in the second quarter. Sei Investments Co. now owns 4,499 shares of the business services provider’s stock worth $184,000 after buying an additional 4,159 shares during the period. Finally, Blair William & Co. IL acquired a new stake in Rollins during the first quarter worth $210,000. Hedge funds and other institutional investors own 37.29% of the company’s stock.
Several equities analysts have recently weighed in on ROL shares. BidaskClub cut shares of Rollins from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 23rd. Instinet increased their price objective on shares of Rollins from $40.00 to $46.00 and gave the stock a “buy” rating in a research note on Thursday, May 25th. Finally, Zacks Investment Research upgraded shares of Rollins from a “hold” rating to a “buy” rating and set a $48.00 target price on the stock in a research note on Saturday, July 29th.
Rollins, Inc is a service company, which operates in pest and termite control business segment. The Company, through its subsidiaries, provides its services to both residential and commercial customers in North America, Australia, and Europe with international franchises in Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, Canada, Australia, and Mexico.
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