M3 Advisory Group LLC Buys 367 Shares of Rollins, Inc. (NYSE:ROL)

M3 Advisory Group LLC grew its stake in Rollins, Inc. (NYSE:ROL) by 7.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 5,297 shares of the business services provider’s stock after purchasing an additional 367 shares during the period. M3 Advisory Group LLC’s holdings in Rollins were worth $268,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. V Square Quantitative Management LLC lifted its stake in shares of Rollins by 25.5% in the 3rd quarter. V Square Quantitative Management LLC now owns 5,445 shares of the business services provider’s stock valued at $275,000 after purchasing an additional 1,105 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of Rollins by 1.6% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 32,326 shares of the business services provider’s stock valued at $1,635,000 after purchasing an additional 515 shares during the last quarter. Bleakley Financial Group LLC lifted its stake in shares of Rollins by 4.3% in the 3rd quarter. Bleakley Financial Group LLC now owns 8,354 shares of the business services provider’s stock valued at $423,000 after purchasing an additional 341 shares during the last quarter. B.O.S.S. Retirement Advisors LLC lifted its stake in shares of Rollins by 4.9% in the 3rd quarter. B.O.S.S. Retirement Advisors LLC now owns 4,543 shares of the business services provider’s stock valued at $230,000 after purchasing an additional 212 shares during the last quarter. Finally, Vontobel Holding Ltd. lifted its stake in shares of Rollins by 17.7% in the 3rd quarter. Vontobel Holding Ltd. now owns 16,613 shares of the business services provider’s stock valued at $840,000 after purchasing an additional 2,497 shares during the last quarter. 51.79% of the stock is owned by institutional investors.

Insider Transactions at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 4,686 shares of Rollins stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $47.82, for a total transaction of $224,084.52. Following the completion of the sale, the insider now owns 95,023 shares of the company’s stock, valued at approximately $4,543,999.86. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Rollins news, insider Elizabeth B. Chandler sold 4,686 shares of Rollins stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $47.82, for a total transaction of $224,084.52. Following the completion of the sale, the insider now owns 95,023 shares of the company’s stock, valued at approximately $4,543,999.86. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Elizabeth B. Chandler sold 4,685 shares of the business’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $50.49, for a total value of $236,545.65. Following the completion of the transaction, the insider now directly owns 84,653 shares of the company’s stock, valued at approximately $4,274,129.97. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 14,056 shares of company stock valued at $698,347 in the last quarter. 4.69% of the stock is currently owned by corporate insiders.

Rollins Stock Up 1.0 %

NYSE ROL traded up $0.50 during midday trading on Friday, hitting $49.96. 151,048 shares of the company traded hands, compared to its average volume of 1,691,099. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.78 and a quick ratio of 0.72. The company has a market cap of $24.20 billion, a PE ratio of 52.62 and a beta of 0.70. The company’s 50-day simple moving average is $49.84 and its 200-day simple moving average is $47.99. Rollins, Inc. has a 52 week low of $32.19 and a 52 week high of $51.96.

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

Rollins Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Monday, August 12th were given a $0.15 dividend. The ex-dividend date was Monday, August 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.20%. Rollins’s payout ratio is 63.83%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on ROL shares. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research note on Thursday, July 25th. Wells Fargo & Company increased their price target on Rollins from $54.00 to $56.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, StockNews.com upgraded Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd. Two 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 an average rating of “Moderate Buy” and a consensus target price of $48.17.

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.