Murphy & Mullick Capital Management Corp Acquires New Stake in Rollins, Inc. (NYSE:ROL)

Murphy & Mullick Capital Management Corp bought a new position in shares of Rollins, Inc. (NYSE:ROL) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 618 shares of the business services provider’s stock, valued at approximately $29,000.

Other institutional investors also recently bought and sold shares of the company. Brooklyn Investment Group acquired a new stake in shares of Rollins during the third quarter worth about $28,000. Centricity Wealth Management LLC acquired a new stake in Rollins during the 4th quarter worth approximately $31,000. True Wealth Design LLC boosted its position in Rollins by 4,272.2% in the 3rd quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock valued at $40,000 after buying an additional 769 shares during the period. Versant Capital Management Inc grew its stake in shares of Rollins by 57.8% in the fourth quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock worth $41,000 after acquiring an additional 326 shares in the last quarter. Finally, Atala Financial Inc purchased a new stake in shares of Rollins during the fourth quarter worth $47,000. 51.79% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Rollins

In other Rollins news, insider Thomas D. Tesh sold 1,921 shares of Rollins stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $51.78, for a total value of $99,469.38. Following the sale, the insider now owns 41,173 shares of the company’s stock, valued at approximately $2,131,937.94. The trade was a 4.46 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Elizabeth B. Chandler sold 13,193 shares of the business’s 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 $3,916,600.68. The trade was a 14.70 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 18,338 shares of company stock worth $945,882. 4.47% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ROL. Wells Fargo & Company boosted their target price on Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. StockNews.com cut shares of Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, March 12th. Morgan Stanley increased their target price on shares of Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. UBS Group boosted their price target on shares of Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research report on Friday, January 17th. Finally, Canaccord Genuity Group raised 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. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $52.00.

Rollins Stock Up 1.4 %

ROL stock opened at $53.82 on Friday. The company has a market cap of $26.10 billion, a price-to-earnings ratio of 56.06 and a beta of 0.78. The company has a fifty day moving average price of $50.79 and a 200 day moving average price of $49.55. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62. Rollins, Inc. has a 12 month low of $41.72 and a 12 month high of $54.00.

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

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th were given a dividend of $0.165 per share. The ex-dividend date was Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a yield of 1.23%. Rollins’s payout ratio is 68.75%.

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.