Andra AP fonden Purchases Shares of 14,700 Rollins, Inc. (NYSE:ROL)

Andra AP fonden bought a new position in shares of Rollins, Inc. (NYSE:ROL - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,700 shares of the business services provider's stock, valued at approximately $681,000.

Several other large investors also recently bought and sold shares of ROL. Brooklyn Investment Group acquired a new stake in Rollins in the 3rd quarter valued at about $28,000. Centricity Wealth Management LLC purchased a new position in shares of Rollins during the 4th quarter worth approximately $31,000. True Wealth Design LLC raised its position in shares of Rollins by 4,272.2% during the 3rd quarter. True Wealth Design LLC now owns 787 shares of the business services provider's stock worth $40,000 after purchasing an additional 769 shares during the last quarter. Versant Capital Management Inc lifted its stake in Rollins by 57.8% in the 4th quarter. Versant Capital Management Inc now owns 890 shares of the business services provider's stock valued at $41,000 after buying an additional 326 shares in the last quarter. Finally, Capital Performance Advisors LLP acquired a new stake in Rollins during the 3rd quarter valued at $52,000. Institutional investors and hedge funds own 51.79% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on ROL shares. StockNews.com raised Rollins from a "hold" rating to a "buy" rating in a report on Wednesday, February 19th. UBS Group boosted their target price on shares of Rollins from $52.00 to $53.00 and gave the company a "neutral" rating in a research note on Friday, January 17th. Morgan Stanley raised their price target on shares of Rollins from $48.00 to $50.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. 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. Finally, Canaccord Genuity Group raised their price objective on Rollins from $48.00 to $49.00 and gave the company a "hold" rating in a research report on Friday, February 14th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $52.00.

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Insider Activity

In other Rollins news, insider Traci Hornfeck sold 3,224 shares of the business's stock in a transaction on Tuesday, March 4th. The stock was 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 approximately $509,866.20. The trade was a 25.14 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Elizabeth B. Chandler sold 13,193 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of $51.18, for a total value 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. Over the last 90 days, insiders have sold 18,338 shares of company stock valued at $945,882. Insiders own 4.69% of the company's stock.

Rollins Stock Performance

Shares of NYSE ROL traded down $0.16 during mid-day trading on Tuesday, hitting $52.13. The company had a trading volume of 862,044 shares, compared to its average volume of 1,561,241. The stock has a market cap of $25.24 billion, a price-to-earnings ratio of 54.25 and a beta of 0.78. The firm's 50 day simple moving average is $49.36 and its two-hundred day simple moving average is $49.38. 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, Inc. has a 12 month low of $41.72 and a 12 month high of $53.72.

Rollins (NYSE:ROL - Get Free Report) last announced 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 net margin of 13.76% and a return on equity of 37.94%. As a group, equities research analysts forecast 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. Stockholders 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 dividend yield of 1.27%. Rollins's dividend payout ratio (DPR) is presently 68.75%.

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.