659 Shares in Rollins, Inc. (NYSE:ROL) Acquired by Centricity Wealth Management LLC

Centricity Wealth Management LLC purchased a new stake in Rollins, Inc. (NYSE:ROL) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 659 shares of the business services provider’s stock, valued at approximately $31,000.

Several other large investors have also recently bought and sold shares of ROL. Creative Planning boosted its stake in Rollins by 27.1% during the third quarter. Creative Planning now owns 23,169 shares of the business services provider’s stock valued at $1,172,000 after buying an additional 4,946 shares during the period. Blue Trust Inc. raised its holdings in shares of Rollins by 307.2% in the 3rd quarter. Blue Trust Inc. now owns 6,532 shares of the business services provider’s stock valued at $319,000 after acquiring an additional 4,928 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of Rollins by 4,900.2% during the 3rd quarter. International Assets Investment Management LLC now owns 83,154 shares of the business services provider’s stock valued at $4,206,000 after acquiring an additional 81,491 shares during the last quarter. Values First Advisors Inc. grew its holdings in shares of Rollins by 15.7% during the third quarter. Values First Advisors Inc. now owns 17,316 shares of the business services provider’s stock worth $876,000 after purchasing an additional 2,353 shares in the last quarter. Finally, E. Ohman J or Asset Management AB grew its holdings in shares of Rollins by 6.9% during the third quarter. E. Ohman J or Asset Management AB now owns 706,273 shares of the business services provider’s stock worth $35,723,000 after purchasing an additional 45,652 shares in the last quarter. 51.79% of the stock is owned by institutional investors.

Rollins Price Performance

Shares of Rollins stock opened at $51.29 on Friday. 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, Inc. has a 52-week low of $41.30 and a 52-week high of $52.83. The company has a fifty day moving average of $48.23 and a 200-day moving average of $49.08. The stock has a market capitalization of $24.83 billion, a price-to-earnings ratio of 53.42 and a beta of 0.76.

Rollins (NYSE:ROL) last posted its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. Equities research analysts expect that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors 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 1.29%. The ex-dividend date is Tuesday, February 25th. Rollins’s dividend payout ratio is presently 68.75%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on ROL shares. StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday. Wells Fargo & Company raised their price objective on shares of Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research report on Monday, December 16th. Morgan Stanley upped their target price on shares of Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research note on Monday, January 6th. Finally, Canaccord Genuity Group lifted their price target on Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research note on Friday, February 14th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $52.00.

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.