Rollins, Inc. (NYSE:ROL) Insider Thomas D. Tesh Sells 1,921 Shares

Rollins, Inc. (NYSE:ROL) insider Thomas D. Tesh sold 1,921 shares of the firm’s stock in a transaction dated Monday, March 10th. The shares were 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 $2,131,937.94. This represents a 4.46 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Rollins Stock Performance

Shares of ROL stock opened at $50.58 on Thursday. 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, Inc. has a one year low of $41.72 and a one year high of $53.72. The company’s 50-day simple moving average is $49.56 and its 200-day simple moving average is $49.40. The stock has a market capitalization of $24.49 billion, a price-to-earnings ratio of 52.68 and a beta of 0.78.

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

Rollins Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th were issued a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a yield of 1.30%. Rollins’s dividend payout ratio is currently 68.75%.

Hedge Funds Weigh In On Rollins

A number of large investors have recently bought and sold shares of ROL. QRG Capital Management Inc. lifted its holdings in Rollins by 26.8% in the third quarter. QRG Capital Management Inc. now owns 5,765 shares of the business services provider’s stock worth $292,000 after acquiring an additional 1,218 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in Rollins by 3.6% in the third quarter. Principal Financial Group Inc. now owns 399,398 shares of the business services provider’s stock worth $20,202,000 after acquiring an additional 13,697 shares during the last quarter. Atria Investments Inc lifted its holdings in Rollins by 18.8% in the third quarter. Atria Investments Inc now owns 166,538 shares of the business services provider’s stock worth $8,424,000 after acquiring an additional 26,385 shares during the last quarter. Axxcess Wealth Management LLC lifted its holdings in Rollins by 41.8% in the third quarter. Axxcess Wealth Management LLC now owns 35,519 shares of the business services provider’s stock worth $1,797,000 after acquiring an additional 10,474 shares during the last quarter. Finally, Crossmark Global Holdings Inc. lifted its holdings in Rollins by 6.1% in the third quarter. Crossmark Global Holdings Inc. now owns 24,745 shares of the business services provider’s stock worth $1,251,000 after acquiring an additional 1,419 shares during the last quarter. Institutional investors own 51.79% of the company’s stock.

Wall Street Analyst Weigh In

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

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.