John Wilson Sells 7,538 Shares of Rollins (NYSE:ROL) Stock

Rollins, Inc. (NYSE:ROLGet Free Report) Chairman John Wilson sold 7,538 shares of the firm’s stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $63.26, for a total value of $476,853.88. Following the completion of the transaction, the chairman owned 600,049 shares in the company, valued at approximately $37,959,099.74. This represents a 1.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Rollins Trading Down 1.0%

Shares of NYSE:ROL traded down $0.65 during midday trading on Wednesday, hitting $62.85. The company had a trading volume of 2,745,339 shares, compared to its average volume of 2,121,308. The firm has a fifty day simple moving average of $60.82 and a 200 day simple moving average of $58.45. The stock has a market cap of $30.46 billion, a price-to-earnings ratio of 58.73 and a beta of 0.79. The company has a current ratio of 0.77, a quick ratio of 0.71 and a debt-to-equity ratio of 0.32. Rollins, Inc. has a 12 month low of $48.70 and a 12 month high of $63.84.

Rollins (NYSE:ROLGet Free Report) last announced its quarterly earnings results on Wednesday, October 29th. The business services provider reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.03. The company had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.02 billion. Rollins had a net margin of 14.02% and a return on equity of 37.60%. The firm’s revenue was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.29 EPS. On average, analysts predict that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th will be issued a $0.1825 dividend. The ex-dividend date is Wednesday, February 25th. This represents a $0.73 annualized dividend and a dividend yield of 1.2%. Rollins’s dividend payout ratio (DPR) is presently 68.22%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ROL. Weiss Ratings restated a “buy (b)” rating on shares of Rollins in a report on Monday, December 29th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Rollins in a report on Tuesday, December 2nd. Wells Fargo & Company boosted their price target on Rollins from $65.00 to $68.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. Canaccord Genuity Group set a $55.00 price objective on Rollins and gave the company a “hold” rating in a research note on Friday, October 31st. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $70.00 price objective on shares of Rollins in a research report on Tuesday, December 23rd. Eleven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Rollins presently has a consensus rating of “Moderate Buy” and an average target price of $67.67.

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Key Headlines Impacting Rollins

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Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Thrive Wealth Management LLC lifted its stake in Rollins by 2.7% during the 3rd quarter. Thrive Wealth Management LLC now owns 6,473 shares of the business services provider’s stock valued at $380,000 after acquiring an additional 172 shares in the last quarter. Mowery & Schoenfeld Wealth Management LLC lifted its position in shares of Rollins by 9.2% during the 2nd quarter. Mowery & Schoenfeld Wealth Management LLC now owns 2,601 shares of the business services provider’s stock valued at $147,000 after buying an additional 220 shares during the last quarter. Fifth Third Bancorp boosted its position in Rollins by 1.2% during the third quarter. Fifth Third Bancorp now owns 18,874 shares of the business services provider’s stock worth $1,109,000 after purchasing an additional 222 shares during the period. Wealth Alliance LLC grew its stake in Rollins by 2.1% in the 2nd quarter. Wealth Alliance LLC now owns 10,687 shares of the business services provider’s stock valued at $603,000 after buying an additional 223 shares in the last quarter. Finally, World Investment Advisors grew its position in shares of Rollins by 5.1% in the third quarter. World Investment Advisors now owns 4,705 shares of the business services provider’s stock valued at $276,000 after purchasing an additional 229 shares in the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Company Profile

(Get Free Report)

Rollins, Inc (NYSE: ROL) is a provider of pest and termite control services operating through a network of subsidiaries and franchises. Headquartered in Atlanta, Georgia, the company offers a broad range of pest management solutions for both residential and commercial customers, positioning itself as a specialist in protecting property and public health from pests and vectors.

Its service offerings include general pest control, termite inspection and treatment, bed bug remediation, mosquito and vector control, wildlife exclusion, and related specialty services.

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Insider Buying and Selling by Quarter for Rollins (NYSE:ROL)

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