Brokerages Set Rollins, Inc. (NYSE:ROL) Price Target at $52.00

Rollins, Inc. (NYSE:ROL - Get Free Report) has received an average rating of "Hold" from the six analysts that are currently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $52.00.

Several brokerages have recently weighed in on ROL. Canaccord Genuity Group boosted their price objective on shares of Rollins from $48.00 to $49.00 and gave the stock a "hold" rating in a research report on Friday, February 14th. 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 report on Friday, February 14th. UBS Group boosted their price objective on shares of Rollins from $52.00 to $53.00 and gave the stock a "neutral" rating in a research report on Friday, January 17th. Royal Bank of Canada restated an "outperform" rating and set a $52.00 price objective on shares of Rollins in a research report on Monday, January 6th. Finally, Wells Fargo & Company boosted their price objective on shares of Rollins from $56.00 to $58.00 and gave the stock an "overweight" rating in a research report on Monday, December 16th.

Rollins Stock Down 0.7 %

NYSE:ROL traded down $0.36 during mid-day trading 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. The stock has a 50-day simple moving average of $49.36 and a two-hundred day simple moving average of $49.38. The company has a market capitalization of $25.14 billion, a PE ratio of 54.09 and a beta of 0.78. Rollins has a twelve month low of $41.72 and a twelve month high of $53.72. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30.

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

Rollins Announces Dividend

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

Insider Activity at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 13,193 shares of the company's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $51.18, for a total transaction 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 represents a 14.70 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Traci Hornfeck sold 3,224 shares of the company's 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 owns 9,602 shares of the company's stock, valued at approximately $509,866.20. The trade was a 25.14 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 18,338 shares of company stock worth $945,882 in the last 90 days. 4.69% of the stock is owned by insiders.

Hedge Funds Weigh In On Rollins

Large investors have recently bought and sold shares of the company. Brooklyn Investment Group purchased a new position in Rollins during the 3rd quarter worth $28,000. Murphy & Mullick Capital Management Corp purchased a new position in Rollins during the 4th quarter worth $29,000. Centricity Wealth Management LLC purchased a new position in Rollins during the 4th quarter worth $31,000. Mizuho Bank Ltd. purchased a new position in Rollins during the 4th quarter worth $37,000. Finally, True Wealth Design LLC raised its position in Rollins by 4,272.2% during the 3rd quarter. True Wealth Design LLC now owns 787 shares of the business services provider's stock worth $40,000 after buying an additional 769 shares during the last quarter. Hedge funds and other institutional investors own 51.79% of the company's stock.

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.