Alliancebernstein L.P. Sells 20,231 Shares of Rollins, Inc. (NYSE:ROL)

Alliancebernstein L.P. lessened its stake in Rollins, Inc. (NYSE:ROL - Free Report) by 7.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 265,401 shares of the business services provider's stock after selling 20,231 shares during the quarter. Alliancebernstein L.P. owned about 0.05% of Rollins worth $12,301,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Wellington Management Group LLP lifted its holdings in Rollins by 32.2% during the 4th quarter. Wellington Management Group LLP now owns 2,023,253 shares of the business services provider's stock worth $93,778,000 after buying an additional 493,300 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in shares of Rollins by 31.5% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 16,612 shares of the business services provider's stock valued at $770,000 after acquiring an additional 3,977 shares during the period. Allstate Corp acquired a new stake in Rollins in the fourth quarter worth about $376,000. Brown Brothers Harriman & Co. raised its holdings in Rollins by 21.4% during the 4th quarter. Brown Brothers Harriman & Co. now owns 5,994 shares of the business services provider's stock worth $278,000 after purchasing an additional 1,055 shares during the last quarter. Finally, Orion Portfolio Solutions LLC boosted its stake in shares of Rollins by 13.5% in the 4th quarter. Orion Portfolio Solutions LLC now owns 9,675 shares of the business services provider's stock valued at $448,000 after purchasing an additional 1,149 shares during the last quarter. 51.79% of the stock is owned by institutional investors.

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Insider Transactions at Rollins

In related news, insider Traci Hornfeck sold 3,224 shares of the company's stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total transaction of $171,194.40. Following the sale, the insider now owns 9,602 shares in the company, valued at approximately $509,866.20. This represents a 25.14 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Thomas D. Tesh sold 1,921 shares of the firm's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $51.78, for a total value of $99,469.38. Following the completion of the transaction, the insider now owns 41,173 shares of the company's stock, valued at approximately $2,131,937.94. This represents a 4.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 20,259 shares of company stock valued at $1,047,330 over the last 90 days. 4.47% of the stock is owned by corporate insiders.

Rollins Stock Down 0.0 %

Shares of Rollins stock traded down $0.01 on Tuesday, hitting $55.68. The company had a trading volume of 215,872 shares, compared to its average volume of 1,709,675. Rollins, Inc. has a twelve month low of $41.72 and a twelve month high of $57.55. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62. The stock has a 50-day moving average of $52.04 and a 200-day moving average of $49.84. The firm has a market capitalization of $27.01 billion, a P/E ratio of 58.01 and a beta of 0.80.

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

Rollins Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.19%. Rollins's dividend payout ratio (DPR) is presently 68.75%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Barclays increased their price objective on shares of Rollins from $50.00 to $55.00 and gave the company an "equal weight" rating in a report on Friday, April 4th. StockNews.com lowered Rollins from a "buy" rating to a "hold" rating in a research note on Wednesday, March 12th. UBS Group boosted their target price on Rollins from $52.00 to $53.00 and gave the stock a "neutral" rating in a research report on Friday, January 17th. Morgan Stanley increased their price target on shares of Rollins from $48.00 to $50.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. Finally, Wells Fargo & Company boosted their price objective on shares of Rollins from $56.00 to $58.00 and gave the company an "overweight" rating in a report on Monday, December 16th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, Rollins currently has a consensus rating of "Hold" and a consensus target price of $52.83.

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.