Insider Selling: Rollins, Inc. (NYSE:ROL) Insider Sells 1,921 Shares of Stock

Rollins, Inc. (NYSE:ROL - Get Free Report) insider Thomas D. Tesh sold 1,921 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $51.78, for a total transaction of $99,469.38. Following the completion of the sale, the insider now owns 41,173 shares of the company's stock, valued at approximately $2,131,937.94. The trade was a 4.46 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Rollins Price Performance

Shares of ROL stock traded down $0.37 during mid-day trading on Tuesday, reaching $51.91. The company's stock had a trading volume of 674,180 shares, compared to its average volume of 1,739,113. The firm's 50-day moving average is $49.36 and its two-hundred day moving average is $49.38. The company has a market cap of $25.13 billion, a P/E ratio of 54.07 and a beta of 0.78. Rollins, Inc. has a 1-year low of $41.72 and a 1-year high of $53.72. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69.

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

Rollins Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th were issued a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.27%. Rollins's payout ratio is presently 68.75%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. StockNews.com upgraded Rollins from a "hold" rating to a "buy" rating in a report on Wednesday, February 19th. Morgan Stanley lifted their price target on shares of Rollins from $48.00 to $50.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. Canaccord Genuity Group upped their price objective on shares of Rollins from $48.00 to $49.00 and gave the stock a "hold" rating in a report on Friday, February 14th. Wells Fargo & Company lifted their target price on shares of Rollins from $56.00 to $58.00 and gave the stock an "overweight" rating in a report on Monday, December 16th. Finally, UBS Group lifted their price objective on Rollins from $52.00 to $53.00 and gave the stock a "neutral" rating in a research note on Friday, January 17th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Rollins has a consensus rating of "Hold" and a consensus price target of $52.00.

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Hedge Funds Weigh In On Rollins

Several hedge funds and other institutional investors have recently modified their holdings of ROL. Franklin Resources Inc. raised its stake in Rollins by 54.7% during the third quarter. Franklin Resources Inc. now owns 173,943 shares of the business services provider's stock worth $8,725,000 after acquiring an additional 61,475 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of Rollins in the 3rd quarter worth about $1,428,000. Westfield Capital Management Co. LP acquired a new stake in shares of Rollins during the 3rd quarter worth about $5,102,000. Intech Investment Management LLC lifted its holdings in Rollins by 13.7% during the 3rd quarter. Intech Investment Management LLC now owns 661,997 shares of the business services provider's stock valued at $33,484,000 after purchasing an additional 79,546 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Rollins by 22.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,280,005 shares of the business services provider's stock valued at $115,323,000 after purchasing an additional 420,399 shares during the last quarter. Institutional investors own 51.79% of the company's stock.

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.

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