113,468 Shares in Rollins, Inc. (NYSE:ROL) Purchased by Caisse Des Depots ET Consignations

Caisse Des Depots ET Consignations acquired a new stake in shares of Rollins, Inc. (NYSE:ROL - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 113,468 shares of the business services provider's stock, valued at approximately $5,259,000.

Other large investors also recently bought and sold shares of the company. Empowered Funds LLC raised its position in shares of Rollins by 7.3% in the 3rd quarter. Empowered Funds LLC now owns 4,604 shares of the business services provider's stock worth $233,000 after acquiring an additional 313 shares in the last quarter. Cerity Partners LLC raised its holdings in Rollins by 45.4% in the third quarter. Cerity Partners LLC now owns 33,310 shares of the business services provider's stock worth $1,685,000 after purchasing an additional 10,393 shares in the last quarter. Algert Global LLC purchased a new stake in shares of Rollins during the third quarter valued at about $3,041,000. Swedbank AB grew its position in shares of Rollins by 32.2% in the 3rd quarter. Swedbank AB now owns 16,530 shares of the business services provider's stock worth $836,000 after buying an additional 4,024 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its stake in shares of Rollins by 11.4% during the 3rd quarter. Daiwa Securities Group Inc. now owns 34,824 shares of the business services provider's stock worth $1,761,000 after acquiring an additional 3,564 shares in the last quarter. Institutional investors own 51.79% of the company's stock.

Rollins Price Performance

ROL stock traded up $0.56 during mid-day trading on Monday, reaching $53.62. 511,989 shares of the company's stock were exchanged, compared to its average volume of 1,651,465. 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 $54.00. The stock's 50 day moving average is $50.88 and its 200 day moving average is $49.56. The company has a market cap of $26.01 billion, a price-to-earnings ratio of 55.73 and a beta of 0.78.

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Rollins (NYSE:ROL - Get Free Report) last announced its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. On average, research analysts expect that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th were issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend was Tuesday, February 25th. Rollins's payout ratio is 68.75%.

Analyst Upgrades and Downgrades

ROL has been the subject of a number of recent research reports. Wells Fargo & Company lifted their price objective on shares of 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 upped their target price on Rollins from $48.00 to $49.00 and gave the stock a "hold" rating in a research note on Friday, February 14th. Morgan Stanley lifted their price target on Rollins from $48.00 to $50.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. StockNews.com downgraded Rollins from a "buy" rating to a "hold" rating in a report on Wednesday, March 12th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and set a $52.00 price objective on shares of Rollins in a research note on Monday, January 6th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $52.00.

Insider Activity

In other news, insider Thomas D. Tesh sold 1,921 shares of the firm's stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $51.78, for a total value of $99,469.38. Following the transaction, the insider now owns 41,173 shares in the company, valued at $2,131,937.94. This trade represents a 4.46 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Elizabeth B. Chandler sold 13,193 shares of Rollins stock in a transaction that occurred 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 sale, the insider now directly owns 76,526 shares in the company, valued at $3,916,600.68. This represents a 14.70 % 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 worth $945,882 over the last 90 days. 4.47% of the stock is currently owned by company insiders.

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.