MML Investors Services LLC Increases Holdings in Rollins, Inc. (NYSE:ROL)

MML Investors Services LLC raised its holdings in shares of Rollins, Inc. (NYSE:ROL - Free Report) by 9.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 57,494 shares of the business services provider's stock after purchasing an additional 4,785 shares during the period. MML Investors Services LLC's holdings in Rollins were worth $2,665,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of ROL. Murphy & Mullick Capital Management Corp purchased a new stake in Rollins in the fourth quarter worth $29,000. Centricity Wealth Management LLC purchased a new stake in shares of Rollins in the 4th quarter worth about $31,000. Mizuho Bank Ltd. bought a new stake in shares of Rollins during the 4th quarter valued at about $37,000. Versant Capital Management Inc increased its position in shares of Rollins by 57.8% during the fourth quarter. Versant Capital Management Inc now owns 890 shares of the business services provider's stock valued at $41,000 after buying an additional 326 shares during the period. Finally, Atala Financial Inc bought a new position in Rollins in the fourth quarter worth about $47,000. Hedge funds and other institutional investors own 51.79% of the company's stock.

Insider Activity

In other news, insider Traci Hornfeck sold 3,224 shares of the stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total transaction of $171,194.40. Following the transaction, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Elizabeth B. Chandler sold 13,193 shares of the firm's stock in a transaction on Friday, February 21st. The stock was 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 owns 76,526 shares in the company, valued at approximately $3,916,600.68. This trade 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 20,259 shares of company stock valued at $1,047,330 over the last ninety days. 4.47% of the stock is currently owned by corporate insiders.

Rollins Stock Performance

Shares of ROL stock opened at $55.26 on Monday. The company has a market capitalization of $26.81 billion, a price-to-earnings ratio of 57.56 and a beta of 0.80. 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, Inc. has a one year low of $44.29 and a one year high of $56.31. The company's 50-day moving average is $52.93 and its 200 day moving average is $50.19.

Rollins (NYSE:ROL - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The business services provider reported $0.22 earnings per share for the quarter, meeting the consensus estimate of $0.22. Rollins had a net margin of 13.76% and a return on equity of 37.94%. The company had revenue of $822.50 million during the quarter, compared to the consensus estimate of $817.09 million. Sell-side analysts expect that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Monday, May 12th will be paid a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 1.19%. The ex-dividend date is Monday, May 12th. Rollins's dividend payout ratio is currently 66.67%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Morgan Stanley upped their target price on Rollins from $48.00 to $50.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. StockNews.com upgraded Rollins from a "hold" rating to a "buy" rating in a report on Thursday, April 17th. The Goldman Sachs Group set a $61.00 price objective on Rollins and gave the company a "buy" rating in a research report on Thursday. Royal Bank of Canada upped their target price on shares of Rollins from $52.00 to $62.00 and gave the stock an "outperform" rating in a research report on Thursday, April 17th. Finally, Canaccord Genuity Group lifted their price target on shares of Rollins from $49.00 to $50.00 and gave the company a "hold" rating in a research report on Friday. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $55.57.

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.

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