Rollins, Inc. (NYSE:ROL) Insider Sells $171,194.40 in Stock

Rollins, Inc. (NYSE:ROL - Get Free Report) insider Traci Hornfeck sold 3,224 shares of the firm's stock in a transaction that occurred 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 owns 9,602 shares of the company's stock, valued at approximately $509,866.20. This trade represents a 25.14 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Rollins Stock Performance

NYSE:ROL traded up $0.10 during trading hours on Friday, reaching $51.80. 1,782,411 shares of the stock were exchanged, compared to its average volume of 1,561,026. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30. The firm has a 50 day simple moving average of $49.24 and a 200-day simple moving average of $49.36. Rollins, Inc. has a 52 week low of $41.72 and a 52 week high of $53.72. The stock has a market capitalization of $25.08 billion, a P/E ratio of 53.95 and a beta of 0.78.

Rollins (NYSE:ROL - Get Free Report) last released its earnings results on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, hitting analysts' consensus estimates of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. As a group, sell-side analysts forecast that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

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Rollins Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be issued a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 1.27%. The ex-dividend date of this dividend is Tuesday, February 25th. Rollins's dividend payout ratio (DPR) is 68.75%.

Institutional Trading of Rollins

Several hedge funds have recently made changes to their positions in the stock. Cim LLC lifted its holdings in shares of Rollins by 1.7% in the 4th quarter. Cim LLC now owns 26,493 shares of the business services provider's stock worth $1,228,000 after purchasing an additional 442 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Rollins in the 4th quarter worth approximately $81,747,000. Jefferies Financial Group Inc. lifted its holdings in shares of Rollins by 143.0% in the 4th quarter. Jefferies Financial Group Inc. now owns 125,179 shares of the business services provider's stock worth $5,802,000 after purchasing an additional 73,661 shares during the last quarter. Mackenzie Financial Corp lifted its holdings in shares of Rollins by 174.8% in the 4th quarter. Mackenzie Financial Corp now owns 23,499 shares of the business services provider's stock worth $1,089,000 after purchasing an additional 14,948 shares during the last quarter. Finally, Castlekeep Investment Advisors LLC bought a new stake in shares of Rollins in the 4th quarter worth approximately $380,000. Institutional investors own 51.79% of the company's stock.

Analyst Upgrades and Downgrades

ROL has been the subject of a number of recent analyst reports. Canaccord Genuity Group raised their price objective on Rollins from $48.00 to $49.00 and gave the company a "hold" rating in a research note on Friday, February 14th. Morgan Stanley raised their price objective on Rollins from $48.00 to $50.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. StockNews.com upgraded Rollins from a "hold" rating to a "buy" rating in a research note on Wednesday, February 19th. Wells Fargo & Company raised their price objective on Rollins from $56.00 to $58.00 and gave the company an "overweight" rating in a research note on Monday, December 16th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and set a $52.00 target price on shares of Rollins in a report on Monday, January 6th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, Rollins has an average rating of "Hold" and an average target price of $52.00.

Rollins Company 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.