Blair William & Co. IL Buys 117,013 Shares of Rollins, Inc. (NYSE:ROL)

Blair William & Co. IL boosted its stake in shares of Rollins, Inc. (NYSE:ROL - Free Report) by 5.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,176,043 shares of the business services provider's stock after acquiring an additional 117,013 shares during the quarter. Blair William & Co. IL owned 0.45% of Rollins worth $100,860,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of ROL. Eastern Bank boosted its stake in shares of Rollins by 0.5% during the fourth quarter. Eastern Bank now owns 50,410 shares of the business services provider's stock valued at $2,337,000 after purchasing an additional 236 shares during the period. Kensington Investment Counsel LLC boosted its position in Rollins by 0.7% during 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 during the period. New York Life Investment Management LLC grew its holdings in Rollins by 0.7% in the 4th quarter. New York Life Investment Management LLC now owns 37,794 shares of the business services provider's stock worth $1,752,000 after acquiring an additional 274 shares during the last quarter. Motley Fool Asset Management LLC increased its position in shares of Rollins by 3.0% in the third quarter. Motley Fool Asset Management LLC now owns 10,072 shares of the business services provider's stock valued at $509,000 after acquiring an additional 289 shares during the period. Finally, SRS Capital Advisors Inc. raised its stake in shares of Rollins by 25.7% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider's stock valued at $66,000 after acquiring an additional 292 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors.

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Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Royal Bank of Canada reissued an "outperform" rating and issued a $52.00 target price on shares of Rollins in a research note on Monday, January 6th. Canaccord Genuity Group lifted their price objective on Rollins from $48.00 to $49.00 and gave the stock a "hold" rating in a research report on Friday, February 14th. Morgan Stanley upped their target price on Rollins from $48.00 to $50.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. StockNews.com lowered Rollins from a "buy" rating to a "hold" rating in a research note on Wednesday, March 12th. Finally, UBS Group boosted their price objective on shares of Rollins from $52.00 to $53.00 and gave the company a "neutral" rating in a research report on Friday, January 17th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Rollins has a consensus rating of "Hold" and an average price target of $52.00.

Insider Transactions at Rollins

In related news, insider Elizabeth B. Chandler sold 13,193 shares of the company's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $51.18, for a total value of $675,217.74. Following the transaction, the insider now owns 76,526 shares in the company, valued at $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 is available at this hyperlink. Also, insider Thomas D. Tesh sold 1,921 shares of the firm's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $51.78, for a total transaction of $99,469.38. Following the sale, 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 18,338 shares of company stock valued at $945,882 in the last ninety days. 4.47% of the stock is currently owned by corporate insiders.

Rollins Stock Up 0.6 %

ROL stock traded up $0.30 during midday trading on Monday, hitting $53.36. The stock had a trading volume of 433,791 shares, compared to its average volume of 1,651,168. The business has a 50-day moving average of $50.88 and a two-hundred day moving average of $49.56. 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 firm has a market cap of $25.88 billion, a price-to-earnings ratio of 55.64 and a beta of 0.78. Rollins, Inc. has a 52-week low of $41.72 and a 52-week high of $54.00.

Rollins (NYSE:ROL - Get Free Report) last released its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, hitting analysts' consensus estimates 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 fiscal year.

Rollins Announces Dividend

The firm also recently announced 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 annualized dividend and a dividend yield of 1.24%. Rollins's payout ratio is 68.75%.

Rollins 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.