Fox Run Management L.L.C. Takes Position in Rollins, Inc. (NYSE:ROL)

Fox Run Management L.L.C. purchased a new position in Rollins, Inc. (NYSE:ROL - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 17,019 shares of the business services provider's stock, valued at approximately $789,000.

A number of other hedge funds also recently bought and sold shares of ROL. Brooklyn Investment Group purchased a new position in shares of Rollins during the 3rd quarter valued at approximately $28,000. Centricity Wealth Management LLC acquired a new position in Rollins during the fourth quarter worth $31,000. True Wealth Design LLC lifted its holdings 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 in the last quarter. Versant Capital Management Inc grew its position 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 valued at $41,000 after purchasing an additional 326 shares during the period. Finally, Atala Financial Inc acquired a new stake in shares of Rollins in the fourth quarter valued at about $47,000. Hedge funds and other institutional investors own 51.79% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Wells Fargo & Company raised their price objective on Rollins from $56.00 to $58.00 and gave the company an "overweight" rating in a report on Monday, December 16th. Morgan Stanley boosted their price target on shares of Rollins from $48.00 to $50.00 and gave the stock an "equal weight" rating in a research report on Friday, February 14th. StockNews.com downgraded shares of Rollins from a "buy" rating to a "hold" rating in a report on Wednesday, March 12th. Canaccord Genuity Group boosted their target price on Rollins from $48.00 to $49.00 and gave the stock a "hold" rating in a report on Friday, February 14th. Finally, UBS Group upped their price target on Rollins from $52.00 to $53.00 and gave the company a "neutral" rating in a research report on Friday, January 17th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, Rollins currently has an average rating of "Hold" and an average target price of $52.00.

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Rollins Trading Down 1.4 %

Shares of ROL stock traded down $0.74 during trading on Friday, hitting $53.04. 1,798,045 shares of the stock traded hands, compared to its average volume of 1,655,748. Rollins, Inc. has a 52-week low of $41.72 and a 52-week high of $54.00. The firm has a market capitalization of $25.73 billion, a P/E ratio of 55.25 and a beta of 0.78. The firm's fifty day moving average price is $50.88 and its 200-day moving average price is $49.57. 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 (NYSE:ROL - Get Free Report) last posted its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, meeting the consensus estimate of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. As a group, research analysts forecast that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 25th were issued a $0.165 dividend. The ex-dividend date was Tuesday, February 25th. This represents a $0.66 annualized dividend and a dividend yield of 1.24%. Rollins's dividend payout ratio is presently 68.75%.

Insider Buying and Selling

In other Rollins news, insider Traci Hornfeck sold 3,224 shares of the business's stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total transaction of $171,194.40. Following the sale, the insider now directly owns 9,602 shares in the company, valued at $509,866.20. This represents a 25.14 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Elizabeth B. Chandler sold 13,193 shares of the firm's stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $51.18, for a total transaction of $675,217.74. Following the completion of the transaction, the insider now directly owns 76,526 shares of the company's stock, valued at approximately $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 90 days, insiders have sold 18,338 shares of company stock valued at $945,882. Corporate insiders own 4.47% of the company's stock.

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.