EntryPoint Capital LLC Invests $249,000 in Rollins, Inc. (NYSE:ROL)

EntryPoint Capital LLC purchased a new stake in Rollins, Inc. (NYSE:ROL - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 5,377 shares of the business services provider's stock, valued at approximately $249,000.

Several other hedge funds have also made changes to their positions in ROL. Cerity Partners LLC lifted its stake in shares of Rollins by 45.4% in the third quarter. Cerity Partners LLC now owns 33,310 shares of the business services provider's stock valued at $1,685,000 after purchasing an additional 10,393 shares during the period. Daiwa Securities Group Inc. lifted its holdings in Rollins by 11.4% in the 3rd quarter. Daiwa Securities Group Inc. now owns 34,824 shares of the business services provider's stock valued at $1,761,000 after purchasing an additional 3,564 shares in the last quarter. FMR LLC boosted its position in Rollins by 65.9% during the third quarter. FMR LLC now owns 39,200 shares of the business services provider's stock worth $1,983,000 after acquiring an additional 15,574 shares during the last quarter. Brooklyn Investment Group acquired a new position in Rollins in the third quarter valued at $28,000. Finally, Townsquare Capital LLC increased its stake in shares of Rollins by 8.9% during the 3rd quarter. Townsquare Capital LLC now owns 5,993 shares of the business services provider's stock valued at $303,000 after acquiring an additional 490 shares during the last quarter. Institutional investors and hedge funds own 51.79% of the company's stock.

Insider Activity at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 13,193 shares of the stock in a transaction on Friday, February 21st. The shares were 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 owns 76,526 shares in the company, valued at $3,916,600.68. This trade represents a 14.70 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Traci Hornfeck sold 3,224 shares of the firm's stock in a transaction 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 sale, the insider now directly owns 9,602 shares of the company's stock, valued at $509,866.20. This represents a 25.14 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 18,338 shares of company stock worth $945,882 in the last ninety days. Company insiders own 4.47% of the company's stock.

Remove Ads

Rollins Stock Performance

ROL stock traded down $0.02 on Tuesday, reaching $54.01. 628,675 shares of the company were exchanged, compared to its average volume of 1,653,977. 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 capitalization of $26.20 billion, a PE ratio of 56.26 and a beta of 0.78. The stock's fifty day moving average price is $51.00 and its 200 day moving average price is $49.59. Rollins, Inc. has a 12 month low of $41.72 and a 12 month high of $54.42.

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%. On average, research analysts anticipate that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 25th were paid a dividend of $0.165 per share. The ex-dividend date was Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.22%. Rollins's dividend payout ratio (DPR) is presently 68.75%.

Analyst Ratings Changes

Several equities research analysts have issued reports on ROL shares. Royal Bank of Canada reiterated an "outperform" rating and set a $52.00 price objective on shares of Rollins in a research note on Monday, January 6th. Wells Fargo & Company lifted their price target on shares of Rollins from $56.00 to $58.00 and gave the stock an "overweight" rating in a research note on Monday, December 16th. Morgan Stanley lifted their target price on Rollins from $48.00 to $50.00 and gave the stock 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 research note on Wednesday, March 12th. Finally, Canaccord Genuity Group upped their price target on shares of Rollins from $48.00 to $49.00 and gave the stock a "hold" rating in a research report on Friday, February 14th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $52.00.

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.