28,576 Shares in Rollins, Inc. (NYSE:ROL) Bought by Hershey Financial Advisers LLC

Hershey Financial Advisers LLC purchased a new position in shares of Rollins, Inc. (NYSE:ROL - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 28,576 shares of the business services provider's stock, valued at approximately $1,324,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in ROL. LPL Financial LLC raised its holdings in shares of Rollins by 18.9% in the 4th quarter. LPL Financial LLC now owns 322,428 shares of the business services provider's stock valued at $14,945,000 after purchasing an additional 51,304 shares during the period. Fox Run Management L.L.C. acquired a new position in Rollins during the fourth quarter worth approximately $789,000. KLP Kapitalforvaltning AS acquired a new position in Rollins during the fourth quarter worth approximately $5,211,000. Quantbot Technologies LP raised its stake in Rollins by 62.4% in the fourth quarter. Quantbot Technologies LP now owns 86,792 shares of the business services provider's stock valued at $4,023,000 after buying an additional 33,333 shares during the period. Finally, Sciencast Management LP lifted its position in shares of Rollins by 102.5% in the fourth quarter. Sciencast Management LP now owns 63,485 shares of the business services provider's stock valued at $2,943,000 after buying an additional 32,135 shares during the last quarter. Institutional investors own 51.79% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. UBS Group upped their price target 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. StockNews.com downgraded Rollins from a "buy" rating to a "hold" rating in a research report on Wednesday, March 12th. Canaccord Genuity Group increased 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. Royal Bank of Canada restated an "outperform" rating and issued a $52.00 price target on shares of Rollins in a research note on Monday, January 6th. Finally, Wells Fargo & Company increased their price objective on Rollins from $56.00 to $58.00 and gave the stock an "overweight" rating in a research report on Monday, December 16th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $52.00.

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Insider Buying and Selling at Rollins

In related news, insider Traci Hornfeck sold 3,224 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total transaction of $171,194.40. Following the sale, the insider now owns 9,602 shares in the company, valued at approximately $509,866.20. This trade represents a 25.14 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Elizabeth B. Chandler sold 13,193 shares of the business's stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $51.18, for a total transaction of $675,217.74. Following the transaction, the insider now owns 76,526 shares of the company's stock, valued at approximately $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 valued at $945,882 in the last ninety days. 4.47% of the stock is currently owned by company insiders.

Rollins Price Performance

Shares of ROL stock traded down $0.74 during trading on Friday, hitting $53.04. The company had a trading volume of 1,798,045 shares, compared to its average volume of 1,655,750. The firm has a market capitalization of $25.73 billion, a P/E ratio of 55.25 and a beta of 0.78. Rollins, Inc. has a one year low of $41.72 and a one year high of $54.00. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69. The stock's 50-day moving average price is $50.88 and its 200 day moving average price is $49.57.

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 (EPS) 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%. Equities analysts expect that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th were issued a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 1.24%. The ex-dividend date was Tuesday, February 25th. Rollins's dividend payout ratio is currently 68.75%.

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.