Rollins, Inc. (NYSE:ROL) Shares Sold by National Pension Service

National Pension Service trimmed its holdings in Rollins, Inc. (NYSE:ROL) by 99.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 616 shares of the business services provider’s stock after selling 494,631 shares during the quarter. National Pension Service’s holdings in Rollins were worth $29,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of ROL. Montrusco Bolton Investments Inc. lifted its holdings in Rollins by 14.0% in the 3rd quarter. Montrusco Bolton Investments Inc. now owns 9,397,497 shares of the business services provider’s stock valued at $465,503,000 after acquiring an additional 1,154,722 shares during the last quarter. Fiera Capital Corp acquired a new stake in Rollins in the 3rd quarter valued at about $43,225,000. Point72 Asset Management L.P. acquired a new stake in Rollins in the 3rd quarter valued at about $28,980,000. Allspring Global Investments Holdings LLC lifted its holdings in Rollins by 96.1% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,000,045 shares of the business services provider’s stock valued at $46,046,000 after acquiring an additional 490,183 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Rollins by 22.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,280,005 shares of the business services provider’s stock worth $115,323,000 after buying an additional 420,399 shares during the period. 51.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have issued reports on ROL shares. Canaccord Genuity Group boosted their price objective on Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a report on Friday, February 14th. Morgan Stanley boosted their price objective on Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. UBS Group boosted their price objective on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a report on Friday, January 17th. Royal Bank of Canada restated an “outperform” rating and set a $52.00 price objective on shares of Rollins in a report on Monday, January 6th. Finally, StockNews.com upgraded Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, February 19th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $52.00.

Rollins Price Performance

Shares of ROL opened at $52.40 on Friday. The company has a market capitalization of $25.37 billion, a price-to-earnings ratio of 54.58 and a beta of 0.76. Rollins, Inc. has a fifty-two week low of $41.72 and a fifty-two week high of $52.83. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62. The business’s 50-day moving average is $48.68 and its 200-day moving average is $49.25.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. Equities research analysts expect that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be issued a $0.165 dividend. The ex-dividend date is Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a yield of 1.26%. Rollins’s dividend payout ratio is currently 68.75%.

Insider Buying and Selling

In related news, insider Elizabeth B. Chandler sold 13,193 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $51.18, for a total value of $675,217.74. Following the transaction, the insider now owns 76,526 shares in the company, valued at approximately $3,916,600.68. This represents a 14.70 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 4.69% of the stock is currently owned by corporate insiders.

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.