Natixis Advisors LLC Decreases Stock Holdings in Rollins, Inc. (NYSE:ROL)

Natixis Advisors LLC decreased its holdings in Rollins, Inc. (NYSE:ROL - Free Report) by 3.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 162,458 shares of the business services provider's stock after selling 6,179 shares during the period. Natixis Advisors LLC's holdings in Rollins were worth $7,530,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Montrusco Bolton Investments Inc. grew its position in Rollins by 14.0% in the 3rd quarter. Montrusco Bolton Investments Inc. now owns 9,397,497 shares of the business services provider's stock worth $465,503,000 after purchasing an additional 1,154,722 shares during the period. Geode Capital Management LLC boosted its stake in shares of Rollins by 2.2% in the 3rd quarter. Geode Capital Management LLC now owns 7,275,415 shares of the business services provider's stock worth $366,821,000 after buying an additional 157,619 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Rollins by 22.6% in the third quarter. JPMorgan Chase & Co. now owns 2,280,005 shares of the business services provider's stock worth $115,323,000 after acquiring an additional 420,399 shares during the period. Charles Schwab Investment Management Inc. increased its position in Rollins by 3.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,251,275 shares of the business services provider's stock valued at $104,347,000 after acquiring an additional 83,326 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in Rollins by 8.0% during the fourth quarter. Bank of New York Mellon Corp now owns 2,232,385 shares of the business services provider's stock valued at $103,471,000 after acquiring an additional 164,720 shares during the last quarter. Hedge funds and other institutional investors own 51.79% of the company's stock.

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Insider Buying and Selling

In other Rollins news, insider Traci Hornfeck sold 3,224 shares of Rollins stock in a transaction 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 sale, the insider now directly owns 9,602 shares in the company, valued at approximately $509,866.20. The trade was a 25.14 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Thomas D. Tesh sold 1,921 shares of the stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $51.78, for a total transaction of $99,469.38. Following the transaction, the insider now directly owns 41,173 shares of the company's stock, valued at $2,131,937.94. This trade represents a 4.46 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 18,338 shares of company stock valued at $945,882. Corporate insiders own 4.69% of the company's stock.

Wall Street Analysts Forecast Growth

ROL has been the subject of a number of recent research reports. Wells Fargo & Company boosted their price target on Rollins from $56.00 to $58.00 and gave the company an "overweight" rating in a research note on Monday, December 16th. StockNews.com lowered shares of Rollins from a "buy" rating to a "hold" rating in a research report on Wednesday, March 12th. Royal Bank of Canada reiterated an "outperform" rating and issued a $52.00 price target on shares of Rollins in a research report on Monday, January 6th. Morgan Stanley upped their price objective on Rollins from $48.00 to $50.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. Finally, UBS Group lifted their target price on Rollins from $52.00 to $53.00 and gave the company a "neutral" rating in a research report on Friday, January 17th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Rollins presently has a consensus rating of "Hold" and a consensus price target of $52.00.

Rollins Price Performance

Shares of NYSE ROL traded down $0.03 during midday trading on Tuesday, reaching $52.29. The stock had a trading volume of 1,818,464 shares, compared to its average volume of 1,560,056. The company has a market capitalization of $25.36 billion, a price-to-earnings ratio of 54.47 and a beta of 0.78. Rollins, Inc. has a 12-month low of $41.72 and a 12-month high of $53.72. The stock has a 50-day moving average of $50.45 and a 200-day moving average of $49.48. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69.

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

Rollins Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 25th were paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 1.26%. The ex-dividend date was Tuesday, February 25th. Rollins's dividend payout ratio (DPR) is presently 68.75%.

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.