Axecap Investments LLC Purchases 962 Shares of Rollins, Inc. (NYSE:ROL)

Axecap Investments LLC increased its position in Rollins, Inc. (NYSE:ROL) by 5.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,599 shares of the business services provider’s stock after purchasing an additional 962 shares during the quarter. Axecap Investments LLC’s holdings in Rollins were worth $908,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ROL. Brooklyn Investment Group bought a new position in Rollins in the third quarter worth $28,000. True Wealth Design LLC lifted its holdings in shares of Rollins by 4,272.2% during the third quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 769 shares during the period. Versant Capital Management Inc lifted its holdings in shares of Rollins by 57.8% during the fourth quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 326 shares during the period. Capital Performance Advisors LLP bought a new position in shares of Rollins during the third quarter valued at $52,000. Finally, Intact Investment Management Inc. bought a new position in shares of Rollins during the third quarter valued at $71,000. 51.79% of the stock is owned by institutional investors.

Rollins Stock Performance

Shares of NYSE:ROL opened at $49.93 on Tuesday. Rollins, Inc. has a twelve month low of $40.41 and a twelve month high of $52.16. The firm has a market cap of $24.18 billion, a PE ratio of 52.01 and a beta of 0.76. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.72 and a current ratio of 0.78. The business has a fifty day moving average of $47.98 and a 200-day moving average of $48.90.

Rollins Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th will be paid a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.32%. Rollins’s dividend payout ratio (DPR) is presently 68.75%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on ROL shares. Wells Fargo & Company lifted their price objective on Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a report on Monday, December 16th. StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a report on Tuesday. Barclays started coverage on Rollins in a report on Monday, November 4th. They set an “equal weight” rating and a $50.00 price objective for the company. Morgan Stanley lifted their price objective on Rollins from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $52.00 price objective on shares of Rollins in a report on Monday, January 6th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $51.50.

Insider Buying and Selling

In related news, major shareholder Timothy Curtis Rollins sold 14,750 shares of Rollins stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $49.88, for a total value of $735,730.00. Following the completion of the sale, the insider now directly owns 124,214 shares in the company, valued at $6,195,794.32. This trade represents a 10.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate 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.