Rollins (NYSE:ROL) CEO Jerry Jr. Gahlhoff Sells 4,510 Shares

Rollins, Inc. (NYSE:ROLGet Free Report) CEO Jerry Jr. Gahlhoff sold 4,510 shares of the business’s stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $63.26, for a total transaction of $285,302.60. Following the transaction, the chief executive officer directly owned 328,386 shares in the company, valued at approximately $20,773,698.36. The trade was a 1.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Rollins Trading Down 1.0%

Rollins stock traded down $0.65 during midday trading on Wednesday, hitting $62.85. 2,745,339 shares of the stock were exchanged, compared to its average volume of 2,121,308. The company has a current ratio of 0.77, a quick ratio of 0.71 and a debt-to-equity ratio of 0.32. The stock’s 50-day simple moving average is $60.82 and its 200 day simple moving average is $58.45. Rollins, Inc. has a fifty-two week low of $48.70 and a fifty-two week high of $63.84. The stock has a market capitalization of $30.46 billion, a price-to-earnings ratio of 58.73 and a beta of 0.79.

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

Rollins Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ROL. Wells Fargo & Company boosted their price target on shares of Rollins from $65.00 to $68.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 14th. UBS Group set a $65.00 target price on shares of Rollins in a report on Wednesday, January 21st. Barclays upgraded Rollins from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $60.00 to $72.00 in a research note on Friday, December 5th. The Goldman Sachs Group restated a “buy” rating and set a $64.00 price target on shares of Rollins in a report on Thursday, October 30th. Finally, Canaccord Genuity Group set a $55.00 price objective on Rollins and gave the stock a “hold” rating in a research report on Friday, October 31st. Eleven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Rollins currently has an average rating of “Moderate Buy” and a consensus price target of $67.67.

Read Our Latest Research Report on Rollins

Institutional Trading of Rollins

Several institutional investors have recently modified their holdings of ROL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Rollins by 5.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,812 shares of the business services provider’s stock worth $1,663,000 after acquiring an additional 1,620 shares in the last quarter. Empowered Funds LLC lifted its holdings in shares of Rollins by 16.7% in the 1st quarter. Empowered Funds LLC now owns 6,427 shares of the business services provider’s stock valued at $347,000 after purchasing an additional 918 shares during the last quarter. Woodline Partners LP lifted its holdings in shares of Rollins by 40.7% in the 1st quarter. Woodline Partners LP now owns 23,728 shares of the business services provider’s stock valued at $1,282,000 after purchasing an additional 6,859 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Rollins by 75.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 870 shares of the business services provider’s stock valued at $47,000 after purchasing an additional 375 shares during the period. Finally, Public Employees Retirement System of Ohio grew its stake in Rollins by 5.1% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 95,108 shares of the business services provider’s stock worth $5,366,000 after buying an additional 4,580 shares during the last quarter. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Key Stories Impacting Rollins

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About Rollins

(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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