Mn Services Vermogensbeheer B.V. Boosts Stake in Rollins, Inc. (NYSE:ROL)

Mn Services Vermogensbeheer B.V. raised its stake in shares of Rollins, Inc. (NYSE:ROL) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 114,200 shares of the business services provider’s stock after purchasing an additional 3,000 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Rollins were worth $5,293,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brooklyn Investment Group purchased a new stake in Rollins during the third quarter valued at approximately $28,000. Centricity Wealth Management LLC purchased a new stake in Rollins during the fourth quarter valued at approximately $31,000. True Wealth Design LLC raised its position in 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 purchasing an additional 769 shares during the period. Versant Capital Management Inc raised its position in 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 purchasing an additional 326 shares during the period. Finally, Capital Performance Advisors LLP purchased a new stake in Rollins during the third quarter valued at approximately $52,000. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Rollins Trading Up 1.9 %

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

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. On average, equities analysts forecast that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

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 paid a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $0.66 annualized dividend and a yield of 1.26%. Rollins’s dividend payout ratio (DPR) is currently 68.75%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Morgan Stanley upped their price objective on Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 target price on shares of Rollins in a research note on Monday, January 6th. StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a research note on Wednesday, February 19th. Canaccord Genuity Group upped their target price on Rollins from $48.00 to $49.00 and gave the company a “hold” rating in a research note on Friday, February 14th. Finally, Barclays started coverage on Rollins in a research note on Monday, November 4th. They set an “equal weight” rating and a $50.00 target price on the stock. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Rollins currently has an average rating of “Hold” and an average target price of $52.00.

Insider Buying and Selling

In other Rollins news, insider Elizabeth B. Chandler sold 13,193 shares of the company’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $51.18, for a total transaction of $675,217.74. Following the completion of the sale, the insider now owns 76,526 shares in the company, valued at $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 Securities & Exchange Commission, which is available at the SEC website. 4.69% of the stock is owned by insiders.

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.