Rollins (NYSE:ROL) Trading 3.7% Higher

Rollins, Inc. (NYSE:ROL)’s share price traded up 3.7% during mid-day trading on Thursday . The stock traded as high as $44.57 and last traded at $44.46. 865,720 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 1,940,548 shares. The stock had previously closed at $42.87.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. UBS Group reaffirmed a “neutral” rating and issued a $49.00 target price on shares of Rollins in a report on Monday, April 15th. The Goldman Sachs Group initiated coverage on shares of Rollins in a research report on Tuesday, January 2nd. They set a “buy” rating and a $49.00 target price for the company. StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a research report on Thursday. Finally, Royal Bank of Canada restated an “outperform” rating and set a $52.00 target price on shares of Rollins in a research report on Thursday, February 15th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $46.83.

Rollins Trading Up 3.3 %

The firm has a market capitalization of $21.46 billion, a P/E ratio of 50.31, a price-to-earnings-growth ratio of 3.37 and a beta of 0.63. The stock’s 50-day simple moving average is $44.41 and its two-hundred day simple moving average is $42.04. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.71 and a quick ratio of 0.65.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.20. The firm had revenue of $748.35 million during the quarter, compared to analyst estimates of $739.12 million. Rollins had a net margin of 14.15% and a return on equity of 35.97%. Rollins’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.18 earnings per share. Equities research analysts expect that Rollins, Inc. will post 0.99 EPS for the current year.

Rollins Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Friday, May 10th will be paid a dividend of $0.15 per share. The ex-dividend date is Thursday, May 9th. This represents a $0.60 annualized dividend and a yield of 1.36%. Rollins’s payout ratio is 68.18%.

Insider Activity at Rollins

In related news, CFO Kenneth D. Krause sold 5,000 shares of the firm’s stock in a transaction on 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 transaction, the chief financial officer now directly owns 99,078 shares of the company’s stock, valued at $4,575,422.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Rollins news, insider Traci Hornfeck sold 2,677 shares of Rollins stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $43.48, for a total value of $116,395.96. Following the completion of the transaction, the insider now directly owns 14,376 shares of the company’s stock, valued at approximately $625,068.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Kenneth D. Krause sold 5,000 shares of Rollins stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total transaction of $230,900.00. Following the completion of the transaction, the chief financial officer now directly owns 99,078 shares of the company’s stock, valued at $4,575,422.04. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 22,824 shares of company stock valued at $994,558. Corporate insiders own 4.69% of the company’s stock.

Hedge Funds Weigh In On Rollins

A number of large investors have recently made changes to their positions in the company. Czech National Bank lifted its holdings in Rollins by 0.5% during the 1st quarter. Czech National Bank now owns 49,396 shares of the business services provider’s stock valued at $2,286,000 after buying an additional 226 shares in the last quarter. Lindbrook Capital LLC lifted its holdings in Rollins by 72.4% during the 4th 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 in the last quarter. Avantax Advisory Services Inc. raised its holdings in shares of Rollins by 3.8% in the 3rd quarter. Avantax Advisory Services Inc. now owns 7,150 shares of the business services provider’s stock valued at $267,000 after purchasing an additional 263 shares in the last quarter. Apeiron RIA LLC raised its holdings in shares of Rollins by 3.7% in the 3rd quarter. Apeiron RIA LLC now owns 9,210 shares of the business services provider’s stock valued at $344,000 after purchasing an additional 332 shares in the last quarter. Finally, Beacon Pointe Advisors LLC raised its holdings in shares of Rollins by 4.7% in the 4th quarter. Beacon Pointe Advisors LLC now owns 7,806 shares of the business services provider’s stock valued at $341,000 after purchasing an additional 348 shares in the last quarter. 51.79% of the stock is owned by hedge funds and other institutional investors.

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.