Abacus FCF Advisors LLC Has $2.61 Million Position in Rollins, Inc. (NYSE:ROL)

Abacus FCF Advisors LLC boosted its holdings in shares of Rollins, Inc. (NYSE:ROL - Free Report) by 46.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 56,243 shares of the business services provider's stock after purchasing an additional 17,856 shares during the quarter. Abacus FCF Advisors LLC's holdings in Rollins were worth $2,607,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in ROL. Eastern Bank increased its holdings in shares of Rollins by 0.5% in the 4th quarter. Eastern Bank now owns 50,410 shares of the business services provider's stock valued at $2,337,000 after acquiring an additional 236 shares during the last quarter. Kensington Investment Counsel LLC grew its position in Rollins by 0.7% in the 4th quarter. Kensington Investment Counsel LLC now owns 38,120 shares of the business services provider's stock valued at $1,767,000 after buying an additional 263 shares in the last quarter. New York Life Investment Management LLC increased its stake in shares of Rollins by 0.7% during the fourth quarter. New York Life Investment Management LLC now owns 37,794 shares of the business services provider's stock valued at $1,752,000 after acquiring an additional 274 shares during the period. SRS Capital Advisors Inc. increased its position in shares of Rollins by 25.7% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider's stock valued at $66,000 after purchasing an additional 292 shares during the period. Finally, Mather Group LLC. raised its position in Rollins by 9.8% in the fourth quarter. Mather Group LLC. now owns 3,325 shares of the business services provider's stock worth $154,000 after acquiring an additional 298 shares in the last quarter. 51.79% of the stock is currently owned by institutional investors.

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Wall Street Analysts Forecast Growth

Several research firms have issued reports on ROL. UBS Group boosted their price objective on Rollins from $52.00 to $53.00 and gave the stock a "neutral" rating in a report on Friday, January 17th. Royal Bank of Canada reiterated an "outperform" rating and issued a $52.00 target price on shares of Rollins in a research note on Monday, January 6th. Barclays upped their price target on Rollins from $50.00 to $55.00 and gave the stock an "equal weight" rating in a research note on Friday, April 4th. Wells Fargo & Company upped their price objective on shares of Rollins from $56.00 to $58.00 and gave the stock an "overweight" rating in a report on Monday, December 16th. Finally, StockNews.com lowered Rollins from a "buy" rating to a "hold" rating in a report on Wednesday, March 12th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Rollins presently has an average rating of "Hold" and a consensus target price of $52.83.

Rollins Stock Performance

Rollins stock traded up $1.19 on Friday, hitting $55.30. The company's stock had a trading volume of 3,977,777 shares, compared to its average volume of 1,715,854. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30. The company has a fifty day moving average price of $51.91 and a 200-day moving average price of $49.80. Rollins, Inc. has a one year low of $41.72 and a one year high of $56.26. The firm has a market cap of $26.82 billion, a P/E ratio of 57.60 and a beta of 0.80.

Rollins (NYSE:ROL - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, meeting 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 anticipate that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 25th were issued a dividend of $0.165 per share. 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 1.19%. Rollins's dividend payout ratio is 68.75%.

Insider Activity

In other Rollins news, insider Elizabeth B. Chandler sold 13,193 shares of the business's stock in a transaction dated 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 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 sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Traci Hornfeck sold 3,224 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total transaction of $171,194.40. Following the completion of the transaction, the insider now 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 disclosure for this sale can be found here. Over the last ninety days, insiders sold 20,259 shares of company stock worth $1,047,330. 4.47% of the stock is owned by corporate insiders.

About Rollins

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.