Rollins, Inc. (NYSE:ROL) Shares Purchased by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. lifted its holdings in Rollins, Inc. (NYSE:ROL) by 1.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 219,698 shares of the business services provider’s stock after acquiring an additional 3,000 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Rollins were worth $9,594,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Lindbrook Capital LLC grew its position in Rollins by 72.4% during the fourth quarter. Lindbrook Capital LLC now owns 619 shares of the business services provider’s stock valued at $27,000 after buying an additional 260 shares during the period. Operose Advisors LLC acquired a new stake in Rollins during the third quarter valued at $47,000. First Horizon Advisors Inc. grew its position in Rollins by 224.5% during the third quarter. First Horizon Advisors Inc. now owns 1,603 shares of the business services provider’s stock valued at $60,000 after buying an additional 1,109 shares during the period. Blue Trust Inc. grew its position in Rollins by 65.9% during the fourth quarter. Blue Trust Inc. now owns 1,453 shares of the business services provider’s stock valued at $63,000 after buying an additional 577 shares during the period. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new stake in Rollins during the third quarter valued at $75,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

Insiders Place Their Bets

In other Rollins news, insider Elizabeth B. Chandler sold 10,000 shares of Rollins stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total transaction of $410,500.00. Following the transaction, the insider now directly owns 99,709 shares of the company’s stock, valued at $4,093,054.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Rollins news, CFO Kenneth D. Krause sold 5,000 shares of Rollins stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $46.18, for a total transaction of $230,900.00. Following the completion of the sale, the chief financial officer now directly owns 99,078 shares in the company, valued at $4,575,422.04. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Elizabeth B. Chandler sold 10,000 shares of Rollins stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total transaction of $410,500.00. Following the sale, the insider now owns 99,709 shares of the company’s stock, valued at $4,093,054.45. The disclosure for this sale can be found here. Insiders have sold 22,824 shares of company stock valued at $994,558 over the last ninety days. Company insiders own 4.69% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. 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 on the stock. Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 price objective on shares of Rollins in a report on Thursday, February 15th. StockNews.com raised shares of Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, April 17th. Finally, UBS Group reaffirmed a “neutral” rating and set a $49.00 price objective on shares of Rollins in a report on Monday, April 15th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $46.83.

Rollins Price Performance

Shares of NYSE:ROL traded up $0.22 during midday trading on Wednesday, hitting $42.87. The company’s stock had a trading volume of 4,031,701 shares, compared to its average volume of 1,955,611. The business’s 50 day simple moving average is $44.41 and its 200 day simple moving average is $42.04. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.65 and a current ratio of 0.71. The company has a market cap of $20.77 billion, a P/E ratio of 48.72, a price-to-earnings-growth ratio of 3.35 and a beta of 0.63. Rollins, Inc. has a 12-month low of $32.19 and a 12-month high of $47.45.

Rollins (NYSE:ROL) last posted its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share for the quarter, hitting the consensus estimate of $0.20. The firm had revenue of $748.35 million for the quarter, compared to the consensus estimate of $739.12 million. Rollins had a net margin of 14.15% and a return on equity of 35.97%. The company’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same period last year, the firm posted $0.18 earnings per share. On average, analysts forecast that Rollins, Inc. will post 0.99 EPS for the current year.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Friday, May 10th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.40%. Rollins’s dividend payout ratio (DPR) is presently 68.18%.

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.