Yarbrough Capital LLC Has $697,000 Stake in Rollins, Inc. (NYSE:ROL)

Yarbrough Capital LLC grew its stake in shares of Rollins, Inc. (NYSE:ROL - Free Report) by 86.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,027 shares of the business services provider's stock after purchasing an additional 6,960 shares during the period. Yarbrough Capital LLC's holdings in Rollins were worth $697,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brooklyn Investment Group acquired a new stake in shares of Rollins in the third quarter worth $28,000. Quest Partners LLC bought a new position in shares of Rollins in the second quarter valued at approximately $33,000. 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 worth $40,000 after buying an additional 769 shares during the last quarter. Versant Capital Management Inc lifted its stake in shares of Rollins by 57.8% in 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 during the last quarter. Finally, Capital Performance Advisors LLP acquired a new position in Rollins in the 3rd quarter valued at $52,000. Institutional investors and hedge funds own 51.79% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ROL. UBS Group boosted their target price on shares of Rollins from $52.00 to $53.00 and gave the stock a "neutral" rating in a research report on Friday. Barclays started coverage on Rollins in a research note on Monday, November 4th. They set an "equal weight" rating and a $50.00 target price for the company. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $52.00 price target on shares of Rollins in a research report on Monday, January 6th. Wells Fargo & Company increased their price objective on Rollins from $56.00 to $58.00 and gave the company an "overweight" rating in a research report on Monday, December 16th. Finally, StockNews.com downgraded shares of Rollins from a "buy" rating to a "hold" rating in a research note on Wednesday, January 8th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $51.50.

Insider Buying and Selling

In related news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the business's stock in a transaction on Friday, November 15th. The stock was sold at an average price of $49.88, for a total value of $735,730.00. Following the sale, the insider now owns 124,214 shares of the company's stock, valued at $6,195,794.32. The trade was a 10.61 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 4.69% of the company's stock.

Rollins Stock Performance

Shares of ROL stock traded up $0.18 during mid-day trading on Friday, reaching $48.48. The stock had a trading volume of 1,437,168 shares, compared to its average volume of 1,610,880. The firm has a market cap of $23.48 billion, a PE ratio of 50.52 and a beta of 0.75. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.34. Rollins, Inc. has a one year low of $40.41 and a one year high of $52.16. The firm's 50 day simple moving average is $48.42 and its 200 day simple moving average is $48.96.

Rollins (NYSE:ROL - Get Free Report) last issued its earnings results on Wednesday, October 23rd. The business services provider reported $0.29 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.01). The firm had revenue of $916.27 million during the quarter, compared to the consensus estimate of $911.15 million. Rollins had a return on equity of 38.67% and a net margin of 14.18%. The firm's revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period last year, the business earned $0.28 earnings per share. On average, analysts forecast that Rollins, Inc. will post 0.99 EPS for the current year.

Rollins Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Tuesday, November 12th were paid a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $0.66 dividend on an annualized basis and a yield of 1.36%. This is a boost from Rollins's previous quarterly dividend of $0.15. Rollins's 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.