Menard Financial Group LLC Acquires 2,494 Shares of Rollins, Inc. (NYSE:ROL)

Menard Financial Group LLC increased its holdings in Rollins, Inc. (NYSE:ROL) by 31.3% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 10,474 shares of the business services provider’s stock after buying an additional 2,494 shares during the period. Menard Financial Group LLC’s holdings in Rollins were worth $511,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Quest Partners LLC bought a new position in shares of Rollins in the second quarter valued at approximately $33,000. Ridgewood Investments LLC bought a new position in Rollins during the second quarter valued at $34,000. Principal Securities Inc. bought a new position in Rollins during the fourth quarter valued at $36,000. Quent Capital LLC grew its holdings in Rollins by 43.9% during the second quarter. Quent Capital LLC now owns 774 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 236 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. grew its holdings in Rollins by 10,233.3% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 930 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 921 shares during the period. 51.79% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Wells Fargo & Company assumed coverage on Rollins in a report on Monday, August 12th. They set an “overweight” rating and a $54.00 price objective for the company. Royal Bank of Canada reissued an “outperform” rating and set a $52.00 price objective on shares of Rollins in a report on Thursday, July 25th. Finally, StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, July 10th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $47.83.

Rollins Trading Up 0.6 %

NYSE:ROL opened at $50.47 on Monday. The company has a market cap of $24.44 billion, a P/E ratio of 56.71, a P/E/G ratio of 3.93 and a beta of 0.70. The stock’s fifty day moving average price is $49.14 and its two-hundred day moving average price is $47.30. Rollins, Inc. has a 1 year low of $32.19 and a 1 year high of $51.28. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.78 and a quick ratio of 0.72.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, July 24th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.27. The firm had revenue of $891.90 million for the quarter, compared to the consensus estimate of $895.02 million. Rollins had a return on equity of 40.10% and a net margin of 14.23%. The business’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.23 earnings per share. As a group, analysts expect that Rollins, Inc. will post 1 EPS for the current year.

Rollins Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Monday, August 12th were given a dividend of $0.15 per share. The ex-dividend date was Monday, August 12th. This represents a $0.60 annualized dividend and a dividend yield of 1.19%. Rollins’s dividend payout ratio is currently 67.42%.

Insiders Place Their Bets

In other Rollins news, insider Elizabeth B. Chandler sold 4,685 shares of the stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $50.74, for a total transaction of $237,716.90. Following the sale, the insider now owns 89,338 shares in the company, valued at $4,533,010.12. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, insider Elizabeth B. Chandler sold 4,686 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $47.82, for a total value of $224,084.52. Following the sale, the insider now owns 95,023 shares in the company, valued at $4,543,999.86. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Elizabeth B. Chandler sold 4,685 shares of the stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $50.74, for a total value of $237,716.90. Following the completion of the transaction, the insider now directly owns 89,338 shares in the company, valued at approximately $4,533,010.12. The disclosure for this sale can be found here. Company insiders own 4.69% of the company’s stock.

Rollins Company Profile

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.