Inspire Advisors LLC Purchases 6,825 Shares of Rollins, Inc. (NYSE:ROL)

Inspire Advisors LLC grew its position in Rollins, Inc. (NYSE:ROL - Free Report) by 48.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,000 shares of the business services provider's stock after purchasing an additional 6,825 shares during the quarter. Inspire Advisors LLC's holdings in Rollins were worth $973,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. QRG Capital Management Inc. grew its stake in shares of Rollins by 26.8% in the third quarter. QRG Capital Management Inc. now owns 5,765 shares of the business services provider's stock worth $292,000 after acquiring an additional 1,218 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Rollins by 3.6% in the third quarter. Principal Financial Group Inc. now owns 399,398 shares of the business services provider's stock worth $20,202,000 after acquiring an additional 13,697 shares during the last quarter. Atria Investments Inc grew its stake in shares of Rollins by 18.8% in the third quarter. Atria Investments Inc now owns 166,538 shares of the business services provider's stock worth $8,424,000 after acquiring an additional 26,385 shares during the last quarter. Axxcess Wealth Management LLC grew its stake in shares of Rollins by 41.8% in the third quarter. Axxcess Wealth Management LLC now owns 35,519 shares of the business services provider's stock worth $1,797,000 after acquiring an additional 10,474 shares during the last quarter. Finally, Crossmark Global Holdings Inc. grew its stake in shares of Rollins by 6.1% in the third quarter. Crossmark Global Holdings Inc. now owns 24,745 shares of the business services provider's stock worth $1,251,000 after acquiring an additional 1,419 shares during the last quarter. Institutional investors own 51.79% of the company's stock.

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Rollins Price Performance

Shares of NYSE:ROL traded down $0.36 on Tuesday, hitting $51.92. The stock had a trading volume of 2,867,701 shares, compared to its average volume of 1,567,697. Rollins, Inc. has a twelve month low of $41.72 and a twelve month 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. The firm's 50 day moving average price is $49.47 and its 200-day moving average price is $49.39. The company has a market capitalization of $25.14 billion, a price-to-earnings ratio of 54.09 and a beta of 0.78.

Rollins (NYSE:ROL - Get Free Report) last issued its earnings results on Wednesday, February 12th. The business services provider reported $0.23 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, equities research analysts predict that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Announces Dividend

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

Insider Activity

In related news, insider Traci Hornfeck sold 3,224 shares of Rollins stock in a transaction dated 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 transaction, the insider now directly owns 9,602 shares of the company's stock, valued at $509,866.20. The trade was a 25.14 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Elizabeth B. Chandler sold 13,193 shares of Rollins stock in a transaction dated 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 transaction, the insider now directly owns 76,526 shares of the company's stock, valued at $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. In the last quarter, insiders have sold 18,338 shares of company stock worth $945,882. Corporate insiders own 4.69% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on ROL shares. Morgan Stanley raised their price objective on shares of Rollins from $48.00 to $50.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. Canaccord Genuity Group lifted their price target on shares of Rollins from $48.00 to $49.00 and gave the stock a "hold" rating in a research note on Friday, February 14th. UBS Group lifted their price target on shares of Rollins from $52.00 to $53.00 and gave the stock a "neutral" rating in a research note on Friday, January 17th. Royal Bank of Canada reiterated an "outperform" rating and set a $52.00 price target on shares of Rollins in a research note on Monday, January 6th. Finally, StockNews.com upgraded shares of Rollins from a "hold" rating to a "buy" rating in a research note on Wednesday, February 19th. 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 MarketBeat.com, the company has an average rating of "Hold" and an average price target 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.