Rollins, Inc. (NYSE:ROL) Receives $52.83 Average PT from Analysts

Shares of Rollins, Inc. (NYSE:ROL - Get Free Report) have been given an average rating of "Hold" by the six research firms that are covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $52.83.

A number of research firms recently commented on ROL. Wells Fargo & Company increased their target price on Rollins from $56.00 to $58.00 and gave the company an "overweight" rating in a research note on Monday, December 16th. Morgan Stanley raised their price objective on Rollins from $48.00 to $50.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. Royal Bank of Canada reissued an "outperform" rating and set a $52.00 price target on shares of Rollins in a research note on Monday, January 6th. StockNews.com cut Rollins from a "buy" rating to a "hold" rating in a research note on Wednesday, March 12th. Finally, Canaccord Genuity Group raised their target price 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.

Insider Activity

In other Rollins news, insider Traci Hornfeck sold 3,224 shares of the firm's stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total value of $171,194.40. Following the completion of the sale, the insider now directly owns 9,602 shares of the company's stock, valued at $509,866.20. This trade represents a 25.14 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Thomas D. Tesh sold 1,921 shares of the firm's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $51.78, for a total value of $99,469.38. Following the sale, the insider now directly owns 41,173 shares of the company's stock, 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 18,338 shares of company stock valued at $945,882 in the last three months. 4.47% of the stock is currently owned by corporate insiders.

Remove Ads

Hedge Funds Weigh In On Rollins

A number of large investors have recently modified their holdings of the business. Murphy & Mullick Capital Management Corp acquired a new position in shares of Rollins during the 4th quarter worth approximately $29,000. Centricity Wealth Management LLC bought a new stake in shares of Rollins in the fourth quarter worth $31,000. Mizuho Bank Ltd. bought a new stake in Rollins in the fourth quarter valued at about $37,000. Versant Capital Management Inc lifted its position in shares of Rollins by 57.8% in the 4th quarter. Versant Capital Management Inc now owns 890 shares of the business services provider's stock worth $41,000 after buying an additional 326 shares during the last quarter. Finally, Atala Financial Inc acquired a new position in Rollins in the fourth quarter valued at approximately $47,000. 51.79% of the stock is owned by hedge funds and other institutional investors.

Rollins Stock Performance

Shares of ROL traded down $0.24 during mid-day trading on Friday, hitting $52.87. The stock had a trading volume of 708,154 shares, compared to its average volume of 1,698,041. The firm has a market cap of $25.65 billion, a P/E ratio of 55.25 and a beta of 0.80. The business has a fifty day moving average price of $51.70 and a 200-day moving average price of $49.75. Rollins has a 52 week low of $41.72 and a 52 week high of $56.26. 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 (NYSE:ROL - Get Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. On average, equities research analysts expect 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. Shareholders of record on Tuesday, February 25th were given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend was Tuesday, February 25th. Rollins's dividend payout ratio is presently 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.