Norinchukin Bank The Has $23.43 Million Holdings in Rollins, Inc. (NYSE:ROL)

Norinchukin Bank The raised its stake in Rollins, Inc. (NYSE:ROL - Free Report) by 2.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 505,525 shares of the business services provider's stock after purchasing an additional 10,740 shares during the period. Norinchukin Bank The owned 0.10% of Rollins worth $23,431,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Norges Bank acquired a new stake in Rollins during the fourth quarter valued at approximately $176,784,000. Marshall Wace LLP lifted its position in shares of Rollins by 389.2% in the 4th quarter. Marshall Wace LLP now owns 2,770,131 shares of the business services provider's stock worth $128,396,000 after buying an additional 2,203,859 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Rollins in the 4th quarter worth about $74,249,000. Geode Capital Management LLC grew its position in shares of Rollins by 17.6% during the 4th quarter. Geode Capital Management LLC now owns 8,557,923 shares of the business services provider's stock valued at $395,819,000 after buying an additional 1,282,508 shares during the last quarter. Finally, Canada Pension Plan Investment Board raised its stake in Rollins by 9,005.6% during the fourth quarter. Canada Pension Plan Investment Board now owns 833,889 shares of the business services provider's stock worth $38,651,000 after acquiring an additional 824,731 shares during the period. Institutional investors and hedge funds own 51.79% of the company's stock.

Insider Activity at Rollins

In related news, insider Traci Hornfeck sold 3,224 shares of the business's stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total value of $171,194.40. Following the completion of the transaction, the insider now owns 9,602 shares in the company, valued at $509,866.20. The trade was a 25.14 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Thomas D. Tesh sold 1,921 shares of the business's stock in a transaction 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 sale, the insider now owns 41,173 shares of the company's stock, valued at approximately $2,131,937.94. The trade was a 4.46 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 20,259 shares of company stock valued at $1,047,330 in the last three months. Corporate insiders own 4.47% of the company's stock.

Rollins Stock Performance

ROL traded up $0.87 during midday trading on Thursday, reaching $55.80. The company's stock had a trading volume of 2,087,882 shares, compared to its average volume of 1,712,980. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30. The company has a fifty day simple moving average of $52.72 and a 200 day simple moving average of $50.10. The stock has a market cap of $27.07 billion, a P/E ratio of 58.10 and a beta of 0.80. Rollins, Inc. has a twelve month low of $42.34 and a twelve month high of $56.29.

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

Rollins Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Monday, May 12th will be given a dividend of $0.165 per share. The ex-dividend date is Monday, May 12th. This represents a $0.66 dividend on an annualized basis and a yield of 1.18%. Rollins's dividend payout ratio (DPR) is presently 68.75%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. UBS Group boosted their price objective on Rollins from $52.00 to $53.00 and gave the company a "neutral" rating in a research report on Friday, January 17th. StockNews.com upgraded shares of Rollins from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. Canaccord Genuity Group upped 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. Barclays increased their price objective on Rollins from $50.00 to $55.00 and gave the stock an "equal weight" rating in a report on Friday, April 4th. Finally, Royal Bank of Canada lifted their price objective on shares of Rollins from $52.00 to $62.00 and gave the company an "outperform" rating in a research note on Thursday, April 17th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Rollins currently has a consensus rating of "Hold" and a consensus target price of $54.50.

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.