S.A. Mason LLC Sells 1,500 Shares of Rollins, Inc. (NYSE:ROL)

S.A. Mason LLC decreased its position in shares of Rollins, Inc. (NYSE:ROL) by 6.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,699 shares of the business services provider’s stock after selling 1,500 shares during the quarter. S.A. Mason LLC’s holdings in Rollins were worth $1,006,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its position in Rollins by 23.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,444 shares of the business services provider’s stock worth $168,000 after purchasing an additional 664 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Rollins during the second quarter worth $2,411,000. Czech National Bank lifted its stake in shares of Rollins by 6.9% in the 3rd quarter. Czech National Bank now owns 57,222 shares of the business services provider’s stock valued at $2,894,000 after acquiring an additional 3,703 shares during the last quarter. Handelsbanken Fonder AB grew its position in Rollins by 11.1% during the 3rd quarter. Handelsbanken Fonder AB now owns 55,024 shares of the business services provider’s stock worth $2,783,000 after acquiring an additional 5,511 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in Rollins by 18.7% in the third quarter. GAMMA Investing LLC now owns 6,859 shares of the business services provider’s stock valued at $347,000 after purchasing an additional 1,081 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ROL. Royal Bank of Canada restated an “outperform” rating and set a $52.00 price target on shares of Rollins in a report on Monday, January 6th. Wells Fargo & Company raised their price target on shares of Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Barclays initiated coverage on shares of Rollins in a research note on Monday, November 4th. They issued an “equal weight” rating and a $50.00 price objective on the stock. Canaccord Genuity Group initiated coverage on Rollins in a research report on Tuesday, January 7th. They set a “hold” rating and a $48.00 target price for the company. Finally, StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a research note on Wednesday, January 8th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Rollins currently has an average rating of “Hold” and an average price target of $51.50.

Rollins Stock Down 0.5 %

Rollins stock opened at $49.47 on Monday. The company has a market capitalization of $23.96 billion, a PE ratio of 51.53 and a beta of 0.76. Rollins, Inc. has a 12-month low of $40.41 and a 12-month high of $52.16. The firm’s fifty day moving average is $48.12 and its 200 day moving average is $48.90. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.34.

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th will be issued a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $0.66 annualized dividend and a dividend yield of 1.33%. Rollins’s dividend payout ratio is 68.75%.

Insider Activity

In other news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the stock in a transaction that occurred on 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 of the company’s stock, valued at $6,195,794.32. This represents a 10.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 4.69% of the company’s stock.

Rollins 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.