Rollins, Inc. (NYSE:ROL) Shares Bought by Marks Group Wealth Management Inc

Marks Group Wealth Management Inc lifted its holdings in shares of Rollins, Inc. (NYSE:ROL) by 2.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 28,924 shares of the business services provider’s stock after buying an additional 727 shares during the period. Marks Group Wealth Management Inc’s holdings in Rollins were worth $1,341,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. B.O.S.S. Retirement Advisors LLC increased its stake in 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 buying an additional 212 shares during the period. Eastern Bank increased its stake in shares of Rollins by 0.5% during the fourth quarter. Eastern Bank now owns 50,410 shares of the business services provider’s stock worth $2,337,000 after acquiring an additional 236 shares during the period. Raymond James Trust N.A. raised its holdings in Rollins by 1.9% during the third quarter. Raymond James Trust N.A. now owns 13,283 shares of the business services provider’s stock worth $672,000 after purchasing an additional 252 shares in the last quarter. Motley Fool Asset Management LLC lifted its position in Rollins by 3.0% in the third quarter. Motley Fool Asset Management LLC now owns 10,072 shares of the business services provider’s stock valued at $509,000 after purchasing an additional 289 shares during the period. Finally, Mather Group LLC. lifted its position in Rollins by 9.8% in the fourth quarter. Mather Group LLC. now owns 3,325 shares of the business services provider’s stock valued at $154,000 after purchasing an additional 298 shares during the period. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Rollins Stock Up 0.3 %

Rollins stock opened at $50.07 on Thursday. The firm has a market capitalization of $24.25 billion, a price-to-earnings ratio of 52.16 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. Rollins, Inc. has a fifty-two week low of $40.41 and a fifty-two week high of $52.16. The stock’s fifty day moving average is $47.99 and its two-hundred day moving average is $48.95.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, meeting the consensus estimate of $0.23. Rollins had a net margin of 14.18% and a return on equity of 38.67%. Analysts predict that Rollins, Inc. will post 0.99 EPS for the current fiscal year.

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be given a dividend of $0.165 per share. The ex-dividend date is Tuesday, February 25th. This represents a $0.66 annualized dividend and a dividend yield of 1.32%. Rollins’s dividend payout ratio is currently 68.75%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Canaccord Genuity Group started coverage on Rollins in a research note on Tuesday, January 7th. They set a “hold” rating and a $48.00 target price for the company. Morgan Stanley increased their price objective on Rollins from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. StockNews.com downgraded Rollins from a “buy” rating to a “hold” rating in a report on Tuesday. UBS Group upped their price target on shares of Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research note on Friday, January 17th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research note on Monday, January 6th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $51.50.

Insider Activity at Rollins

In related news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the business’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $49.88, for a total value of $735,730.00. Following the completion of the transaction, the insider now owns 124,214 shares of the company’s stock, valued at approximately $6,195,794.32. The trade was a 10.61 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 4.69% of the stock is owned by corporate insiders.

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.