American Century Companies Inc. Trims Position in Rollins, Inc. (NYSE:ROL)

American Century Companies Inc. trimmed its holdings in Rollins, Inc. (NYSE:ROL - Free Report) by 8.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 78,131 shares of the business services provider's stock after selling 7,504 shares during the period. American Century Companies Inc.'s holdings in Rollins were worth $3,621,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in ROL. Centricity Wealth Management LLC acquired a new stake in shares of Rollins in the 4th quarter worth about $31,000. Versant Capital Management Inc raised its stake 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 worth $41,000 after purchasing an additional 326 shares during the last quarter. Atala Financial Inc purchased a new stake in shares of Rollins in the fourth quarter worth approximately $47,000. SRS Capital Advisors Inc. lifted its holdings in shares of Rollins by 25.7% in the fourth 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 in the last quarter. Finally, Anchor Investment Management LLC boosted its position in shares of Rollins by 724.3% during the third quarter. Anchor Investment Management LLC now owns 1,797 shares of the business services provider's stock valued at $91,000 after buying an additional 1,579 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

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Insider Activity at Rollins

In related news, insider Traci Hornfeck sold 3,224 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total value of $171,194.40. Following the completion of the transaction, the insider now directly owns 9,602 shares of the company's stock, valued at approximately $509,866.20. This trade represents a 25.14 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Thomas D. Tesh sold 1,921 shares of Rollins stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $51.78, for a total transaction of $99,469.38. Following the completion of the transaction, 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 disclosure for this sale can be found here. In the last three months, insiders have sold 20,259 shares of company stock worth $1,047,330. Company insiders own 4.47% of the company's stock.

Rollins Stock Performance

ROL traded up $1.19 during midday trading on Friday, reaching $55.30. The company had a trading volume of 3,977,777 shares, compared to its average volume of 1,716,271. The business has a 50-day moving average price of $51.91 and a two-hundred day moving average price of $49.80. 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 12-month low of $41.72 and a 12-month high of $56.26. The stock has a market cap of $26.82 billion, a PE ratio of 57.60 and a beta of 0.80.

Rollins (NYSE:ROL - Get Free Report) last announced its quarterly earnings data 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 return on equity of 37.94% and a net margin of 13.76%. On average, sell-side analysts expect that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Dividend Announcement

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. This represents a $0.66 annualized dividend and a yield of 1.19%. The ex-dividend date was Tuesday, February 25th. Rollins's dividend payout ratio (DPR) is currently 68.75%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on ROL. Wells Fargo & Company raised their price objective on Rollins from $56.00 to $58.00 and gave the company an "overweight" rating in a research note on Monday, December 16th. Canaccord Genuity Group raised their price target on shares of Rollins from $48.00 to $49.00 and gave the company a "hold" rating in a research report on Friday, February 14th. UBS Group upped their price objective on shares of Rollins from $52.00 to $53.00 and gave the stock a "neutral" rating in a research report on Friday, January 17th. Barclays lifted their target price on shares of Rollins from $50.00 to $55.00 and gave the stock an "equal weight" rating in a research report on Friday, April 4th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and issued a $52.00 target price on shares of Rollins in a report on Monday, January 6th. Five equities research 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 has an average rating of "Hold" and a consensus target price of $52.83.

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.