Rollins, Inc. (NYSE:ROL) Receives Consensus Recommendation of "Hold" from Analysts

Rollins, Inc. (NYSE:ROL - Get Free Report) has been assigned a consensus recommendation of "Hold" from the six brokerages that are covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $51.50.

Several equities analysts have weighed in on ROL shares. Morgan Stanley boosted their target price on shares of Rollins from $46.00 to $48.00 and gave the company an "equal weight" rating in a report on Thursday, December 12th. Barclays assumed coverage on Rollins in a report on Monday, November 4th. They issued an "equal weight" rating and a $50.00 price objective on the stock. UBS Group raised their target price on Rollins from $52.00 to $53.00 and gave the stock a "neutral" rating in a research note on Friday. Canaccord Genuity Group began coverage on Rollins in a research note on Tuesday, January 7th. They issued a "hold" rating and a $48.00 price target on the stock. Finally, StockNews.com lowered shares of Rollins from a "buy" rating to a "hold" rating in a report on Wednesday, January 8th.

Insiders Place Their Bets

In other Rollins news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the business's stock in a transaction on Friday, November 15th. The shares were sold at an average price of $49.88, for a total value of $735,730.00. Following the completion of the transaction, the insider now owns 124,214 shares in the company, valued at $6,195,794.32. The trade was a 10.61 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 4.69% of the company's stock.

Institutional Trading of Rollins

Several hedge funds have recently modified their holdings of the stock. B.O.S.S. Retirement Advisors LLC increased its holdings in Rollins by 4.9% during the 3rd quarter. B.O.S.S. Retirement Advisors LLC now owns 4,543 shares of the business services provider's stock worth $230,000 after purchasing an additional 212 shares during the period. Eastern Bank grew its position in shares of Rollins by 0.5% during the fourth quarter. Eastern Bank now owns 50,410 shares of the business services provider's stock worth $2,337,000 after buying an additional 236 shares in the last quarter. Mather Group LLC. grew its position in shares of Rollins by 8.8% during the third quarter. Mather Group LLC. now owns 3,027 shares of the business services provider's stock worth $153,000 after buying an additional 246 shares in the last quarter. Federated Hermes Inc. raised its holdings in Rollins by 16.4% in the second quarter. Federated Hermes Inc. now owns 1,766 shares of the business services provider's stock valued at $86,000 after acquiring an additional 249 shares in the last quarter. Finally, Raymond James Trust N.A. lifted its stake in Rollins by 1.9% in the third quarter. Raymond James Trust N.A. now owns 13,283 shares of the business services provider's stock worth $672,000 after acquiring an additional 252 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Rollins Price Performance

Shares of ROL stock traded up $0.10 during trading hours on Monday, reaching $48.40. The company had a trading volume of 1,986,853 shares, compared to its average volume of 1,451,933. Rollins has a 12-month low of $40.41 and a 12-month high of $52.16. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.72 and a current ratio of 0.78. The company has a market capitalization of $23.44 billion, a price-to-earnings ratio of 50.42 and a beta of 0.75. The stock has a fifty day moving average of $48.39 and a 200-day moving average of $48.95.

Rollins (NYSE:ROL - Get Free Report) last issued its earnings results on Wednesday, October 23rd. The business services provider reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.01). Rollins had a net margin of 14.18% and a return on equity of 38.67%. The company had revenue of $916.27 million during the quarter, compared to analysts' expectations of $911.15 million. During the same quarter in the previous year, the company earned $0.28 earnings per share. The firm's quarterly revenue was up 9.0% compared to the same quarter last year. On average, equities analysts anticipate that Rollins will post 0.99 earnings per share for the current year.

Rollins Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Tuesday, November 12th were given a $0.165 dividend. This is an increase from Rollins's previous quarterly dividend of $0.15. This represents a $0.66 annualized dividend and a yield of 1.36%. The ex-dividend date was Tuesday, November 12th. Rollins's payout ratio is currently 68.75%.

About Rollins

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.