Winslow Capital Management LLC Purchases Shares of 78,006 Rollins, Inc. (NYSE:ROL)

Winslow Capital Management LLC bought a new stake in Rollins, Inc. (NYSE:ROL - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 78,006 shares of the business services provider's stock, valued at approximately $3,616,000.

Several other large investors also recently added to or reduced their stakes in ROL. Eastern Bank raised its holdings in Rollins by 0.5% in the 4th quarter. Eastern Bank now owns 50,410 shares of the business services provider's stock worth $2,337,000 after acquiring an additional 236 shares during the period. Kensington Investment Counsel LLC increased its stake in shares of Rollins by 0.7% in the fourth quarter. Kensington Investment Counsel LLC now owns 38,120 shares of the business services provider's stock worth $1,767,000 after purchasing an additional 263 shares during the period. New York Life Investment Management LLC grew its holdings in Rollins by 0.7% in the 4th quarter. New York Life Investment Management LLC now owns 37,794 shares of the business services provider's stock valued at $1,752,000 after buying an additional 274 shares during the last quarter. SRS Capital Advisors Inc. increased its position in Rollins by 25.7% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider's stock worth $66,000 after buying an additional 292 shares during the period. Finally, Mather Group LLC. lifted its holdings in shares of Rollins by 9.8% during the fourth quarter. Mather Group LLC. now owns 3,325 shares of the business services provider's stock worth $154,000 after buying an additional 298 shares during the last quarter. 51.79% of the stock is owned by institutional investors.

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Wall Street Analysts Forecast Growth

ROL has been the topic of a number of recent research reports. UBS Group lifted their price target on shares of Rollins from $52.00 to $53.00 and gave the stock a "neutral" rating in a research note on Friday, January 17th. Morgan Stanley upped their price objective on Rollins from $48.00 to $50.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. Wells Fargo & Company boosted their target price on Rollins from $56.00 to $58.00 and gave the stock an "overweight" rating in a research report on Monday, December 16th. Royal Bank of Canada reiterated an "outperform" rating and issued a $52.00 price objective on shares of Rollins in a research report on Monday, January 6th. Finally, Barclays upped their target price on shares of Rollins from $50.00 to $55.00 and gave the company an "equal weight" rating in a research report on Friday, April 4th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $52.83.

Rollins Stock Up 0.5 %

ROL stock traded up $0.26 during mid-day trading on Monday, reaching $55.48. The company had a trading volume of 435,159 shares, compared to its average volume of 1,710,984. The company has a market capitalization of $26.91 billion, a price-to-earnings ratio of 57.79 and a beta of 0.80. 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 52 week low of $41.72 and a 52 week high of $56.26. The stock has a 50 day simple moving average of $51.91 and a two-hundred day simple moving average of $49.80.

Rollins (NYSE:ROL - Get Free Report) last issued its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. As a group, equities analysts predict that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 25th were paid a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $0.66 annualized dividend and a yield of 1.19%. Rollins's dividend payout ratio (DPR) is presently 68.75%.

Insider Buying and Selling at Rollins

In other Rollins news, insider Thomas D. Tesh sold 1,921 shares of the business's stock in a transaction dated Thursday, April 10th. The stock was sold at an average price of $52.81, for a total transaction of $101,448.01. Following the completion of the transaction, the insider now owns 39,640 shares of the company's stock, valued at approximately $2,093,388.40. The trade was a 4.62 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Traci Hornfeck sold 3,224 shares of the firm'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 owns 9,602 shares in the company, valued at approximately $509,866.20. The trade was a 25.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 20,259 shares of company stock valued at $1,047,330 in the last ninety days. 4.47% of the stock is currently owned by corporate insiders.

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.