Natixis Sells 122,635 Shares of Rollins, Inc. (NYSE:ROL)

Natixis trimmed its holdings in shares of Rollins, Inc. (NYSE:ROL - Free Report) by 57.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 91,500 shares of the business services provider's stock after selling 122,635 shares during the quarter. Natixis' holdings in Rollins were worth $4,241,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of ROL. Eastern Bank raised its stake in Rollins by 0.5% in the fourth quarter. Eastern Bank now owns 50,410 shares of the business services provider's stock valued at $2,337,000 after purchasing an additional 236 shares in the last quarter. Kensington Investment Counsel LLC raised its position in Rollins by 0.7% during the fourth quarter. Kensington Investment Counsel LLC now owns 38,120 shares of the business services provider's stock valued at $1,767,000 after purchasing an additional 263 shares in the last quarter. New York Life Investment Management LLC lifted its stake in Rollins by 0.7% during the fourth quarter. New York Life Investment Management LLC now owns 37,794 shares of the business services provider's stock worth $1,752,000 after purchasing an additional 274 shares during the last quarter. SRS Capital Advisors Inc. boosted its holdings in shares of Rollins by 25.7% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider's stock valued at $66,000 after purchasing an additional 292 shares in the last quarter. Finally, Mather Group LLC. increased its stake in shares of Rollins by 9.8% in the 4th quarter. Mather Group LLC. now owns 3,325 shares of the business services provider's stock valued at $154,000 after purchasing an additional 298 shares during the last quarter. Institutional investors and hedge funds own 51.79% of the company's stock.

Rollins Trading Down 0.4 %

NYSE ROL traded down $0.21 on Friday, reaching $55.26. The company had a trading volume of 2,571,032 shares, compared to its average volume of 1,707,916. The firm has a market cap 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 current ratio of 0.69 and a quick ratio of 0.62. Rollins, Inc. has a fifty-two week low of $44.29 and a fifty-two week high of $56.31. The business has a 50 day moving average of $52.93 and a two-hundred day moving average of $50.18.

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

Rollins Dividend Announcement

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date of this dividend is Monday, May 12th. Rollins's dividend payout ratio is currently 68.75%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on ROL shares. StockNews.com upgraded Rollins from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. Morgan Stanley upped their price objective on shares of Rollins from $48.00 to $50.00 and gave the stock an "equal weight" rating in a research report on Friday, February 14th. Canaccord Genuity Group raised their target price on shares of Rollins from $49.00 to $50.00 and gave the company a "hold" rating in a research report on Friday. Royal Bank of Canada upped their price target on shares of Rollins from $52.00 to $62.00 and gave the stock an "outperform" rating in a report on Thursday, April 17th. Finally, Barclays increased their price target on Rollins from $50.00 to $55.00 and gave the company an "equal weight" rating in a research note on Friday, April 4th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $55.57.

Insider Transactions at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 13,193 shares of the business's stock in a transaction that occurred 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 transaction, the insider now directly owns 76,526 shares of the company's stock, valued at approximately $3,916,600.68. The trade was a 14.70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 value of $99,469.38. Following the transaction, the insider now owns 41,173 shares in the company, valued at $2,131,937.94. The trade was a 4.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 20,259 shares of company stock worth $1,047,330 over the last three months. 4.47% of the stock is owned by company insiders.

Rollins 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.