National Pension Service Has $29,000 Holdings in Rollins, Inc. (NYSE:ROL)

National Pension Service cut its holdings in shares of Rollins, Inc. (NYSE:ROL - Free Report) by 99.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 616 shares of the business services provider's stock after selling 494,631 shares during the quarter. National Pension Service's holdings in Rollins were worth $29,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of ROL. Brooklyn Investment Group acquired a new position in Rollins during the 3rd quarter valued at $28,000. Centricity Wealth Management LLC acquired a new position in shares of Rollins during the fourth quarter valued at about $31,000. True Wealth Design LLC lifted its stake in shares of Rollins by 4,272.2% in the third quarter. True Wealth Design LLC now owns 787 shares of the business services provider's stock valued at $40,000 after buying an additional 769 shares during the period. Versant Capital Management Inc grew its position in Rollins by 57.8% during the fourth 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 in the last quarter. Finally, Capital Performance Advisors LLP acquired a new stake in Rollins during the third quarter worth about $52,000. 51.79% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have recently weighed in on ROL shares. Wells Fargo & Company lifted their price objective on Rollins from $56.00 to $58.00 and gave the stock an "overweight" rating in a report on Monday, December 16th. Morgan Stanley increased their target price on Rollins from $48.00 to $50.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. Canaccord Genuity Group boosted 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. UBS Group increased their price objective on Rollins from $52.00 to $53.00 and gave the stock a "neutral" rating in a research note on Friday, January 17th. Finally, Royal Bank of Canada restated an "outperform" rating and issued a $52.00 target price on shares of Rollins in a research note on Monday, January 6th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Rollins presently has an average rating of "Hold" and an average price target of $52.00.

Remove Ads

Rollins Price Performance

Shares of NYSE:ROL traded up $0.10 during midday trading on Wednesday, reaching $52.62. The company's stock had a trading volume of 1,390,443 shares, compared to its average volume of 1,561,901. The business's fifty day simple moving average is $49.04 and its 200-day simple moving average is $49.33. 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, Inc. has a fifty-two week low of $41.72 and a fifty-two week high of $53.72. The company has a market capitalization of $25.48 billion, a P/E ratio of 54.81 and a beta of 0.76.

Rollins (NYSE:ROL - Get Free Report) last posted its quarterly earnings data 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%. As a group, equities research analysts expect that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th will be issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend is Tuesday, February 25th. Rollins's dividend payout ratio is 68.75%.

Insider Buying and Selling 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 transaction 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. The trade was a 25.14 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, 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 sale, the insider now owns 76,526 shares of the company's stock, valued at $3,916,600.68. The trade was a 14.70 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 4.69% of the company's stock.

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.