ClearAlpha Technologies LP Purchases New Shares in Rollins, Inc. (NYSE:ROL)

ClearAlpha Technologies LP acquired a new stake in Rollins, Inc. (NYSE:ROL - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,577 shares of the business services provider's stock, valued at approximately $258,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Murphy & Mullick Capital Management Corp purchased a new position in Rollins in the 4th quarter valued at about $29,000. Centricity Wealth Management LLC acquired a new stake in shares of Rollins in the 4th quarter valued at about $31,000. Mizuho Bank Ltd. acquired a new stake in shares of Rollins in the 4th quarter valued at about $37,000. Versant Capital Management Inc raised its stake in shares of 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 purchasing an additional 326 shares in the last quarter. Finally, Atala Financial Inc acquired a new stake in shares of Rollins in the 4th quarter valued at about $47,000. 51.79% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Rollins

In other news, insider Elizabeth B. Chandler sold 13,193 shares of the business's 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 sale, the insider now 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, 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 value of $171,194.40. Following the completion of the sale, the insider now directly owns 9,602 shares in the company, valued at $509,866.20. This represents a 25.14 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 20,259 shares of company stock worth $1,047,330. 4.47% of the stock is owned by company insiders.

Rollins Stock Performance

ROL traded down $0.21 on Friday, hitting $55.26. 2,571,032 shares of the company's stock were exchanged, compared to its average volume of 1,707,995. The firm has a market cap of $26.81 billion, a PE ratio of 57.56 and a beta of 0.80. Rollins, Inc. has a twelve month low of $44.29 and a twelve month high of $56.31. The stock has a fifty day moving average of $52.93 and a two-hundred day moving average of $50.19. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30.

Rollins (NYSE:ROL - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The business services provider reported $0.22 EPS for the quarter, meeting the consensus estimate of $0.22. Rollins had a net margin of 13.76% and a return on equity of 37.94%. The company had revenue of $822.50 million for the quarter, compared to analyst estimates of $817.09 million. On average, research analysts anticipate that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Monday, May 12th will be paid a $0.165 dividend. The ex-dividend date is Monday, May 12th. This represents a $0.66 annualized dividend and a dividend yield of 1.19%. Rollins's payout ratio is currently 66.67%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ROL. Canaccord Genuity Group upped their target price on shares of Rollins from $49.00 to $50.00 and gave the company a "hold" rating in a research note on Friday. UBS Group upped 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. Barclays upped their target price on shares of Rollins from $50.00 to $55.00 and gave the company an "equal weight" rating in a research note on Friday, April 4th. StockNews.com upgraded shares of Rollins from a "hold" rating to a "buy" rating in a research note on Thursday, April 17th. Finally, The Goldman Sachs Group set a $61.00 target price on shares of Rollins and gave the company a "buy" rating in a research note on Thursday. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Rollins has a consensus rating of "Moderate Buy" and a consensus target price of $55.57.

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.