New Age Alpha Advisors LLC Invests $8.73 Million in Rollins, Inc. (NYSE:ROL)

New Age Alpha Advisors LLC purchased a new stake in shares of Rollins, Inc. (NYSE:ROL - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 188,442 shares of the business services provider's stock, valued at approximately $8,734,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Eastern Bank increased its position in Rollins by 0.5% in the fourth quarter. Eastern Bank now owns 50,410 shares of the business services provider's stock worth $2,337,000 after purchasing an additional 236 shares during the last quarter. Kensington Investment Counsel LLC grew its stake in shares of 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 buying an additional 263 shares during the last quarter. New York Life Investment Management LLC grew its position in Rollins by 0.7% in the 4th quarter. New York Life Investment Management LLC now owns 37,794 shares of the business services provider's stock valued at $1,752,000 after acquiring an additional 274 shares during the last quarter. Motley Fool Asset Management LLC grew its position in Rollins by 3.0% in the 3rd quarter. Motley Fool Asset Management LLC now owns 10,072 shares of the business services provider's stock valued at $509,000 after acquiring an additional 289 shares during the last quarter. Finally, SRS Capital Advisors Inc. increased its stake in Rollins by 25.7% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider's stock worth $66,000 after purchasing an additional 292 shares during the period. Hedge funds and other institutional investors own 51.79% of the company's stock.

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Rollins Stock Down 0.0 %

NYSE:ROL traded down $0.01 during midday trading on Tuesday, reaching $54.03. 339,047 shares of the stock traded hands, compared to its average volume of 1,652,864. The business has a 50-day moving average of $51.00 and a two-hundred day moving average of $49.59. 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 12-month low of $41.72 and a 12-month high of $54.42. The stock has a market capitalization of $26.21 billion, a PE ratio of 56.37 and a beta of 0.78.

Rollins (NYSE:ROL - Get Free Report) last issued its quarterly earnings data 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 return on equity of 37.94% and a net margin of 13.76%. On average, equities analysts forecast that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th were paid a dividend of $0.165 per share. The ex-dividend date was Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.22%. Rollins's payout ratio is 68.75%.

Analysts Set New Price Targets

ROL has been the subject of several research reports. StockNews.com cut shares of Rollins from a "buy" rating to a "hold" rating in a research report on Wednesday, March 12th. Canaccord Genuity Group raised their price target on Rollins from $48.00 to $49.00 and gave the company a "hold" rating in a research note on Friday, February 14th. Wells Fargo & Company upped their price objective on shares of Rollins from $56.00 to $58.00 and gave the stock an "overweight" rating in a research note on Monday, December 16th. Royal Bank of Canada reissued an "outperform" rating and set a $52.00 target price on shares of Rollins in a research report on Monday, January 6th. Finally, Morgan Stanley boosted 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. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Rollins currently has an average rating of "Hold" and an average price target of $52.00.

Insider Activity

In other news, insider Traci Hornfeck sold 3,224 shares of the 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 transaction, the insider now directly owns 9,602 shares of the company's stock, valued at approximately $509,866.20. This represents a 25.14 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 transaction 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. This trade represents a 14.70 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 18,338 shares of company stock worth $945,882 over the last 90 days. 4.47% of the stock is currently owned by corporate 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.