EverSource Wealth Advisors LLC Has $614,000 Stock Holdings in Rollins, Inc. (NYSE:ROL)

EverSource Wealth Advisors LLC raised its holdings in Rollins, Inc. (NYSE:ROL) by 59.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,244 shares of the business services provider’s stock after acquiring an additional 4,938 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Rollins were worth $614,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in ROL. Brooklyn Investment Group acquired a new stake in Rollins in the third quarter valued at approximately $28,000. Centricity Wealth Management LLC acquired a new stake in Rollins in the fourth quarter valued at approximately $31,000. True Wealth Design LLC lifted its stake in 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 acquiring an additional 769 shares during the last quarter. Versant Capital Management Inc lifted its stake in Rollins by 57.8% in the fourth quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 326 shares during the last quarter. Finally, SRS Capital Advisors Inc. lifted its stake in Rollins by 25.7% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider’s stock valued at $66,000 after acquiring an additional 292 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 13,193 shares of the business’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $51.18, for a total value 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Traci Hornfeck sold 3,224 shares of the business’s stock in a transaction 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 in the company, valued at $509,866.20. This trade represents a 25.14 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 18,338 shares of company stock valued at $945,882 in the last 90 days. 4.69% of the stock is currently owned by company insiders.

Rollins Trading Up 0.3 %

Shares of ROL stock opened at $50.69 on Friday. Rollins, Inc. has a 1 year low of $41.72 and a 1 year high of $53.72. The firm’s fifty day simple moving average is $49.65 and its 200 day simple moving average is $49.41. The firm has a market capitalization of $24.55 billion, a P/E ratio of 52.81 and a beta of 0.78. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30.

Rollins (NYSE:ROL) last announced its 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 net margin of 13.76% and a return on equity of 37.94%. As a group, sell-side analysts predict that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th were issued a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 1.30%. The ex-dividend date was Tuesday, February 25th. Rollins’s dividend payout ratio (DPR) is presently 68.75%.

Analyst Ratings Changes

ROL has been the topic of a number of recent analyst reports. UBS Group lifted their price target on shares of Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research report on Friday, January 17th. StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday. Morgan Stanley lifted their price target on shares of Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Wells Fargo & Company lifted their price target 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. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research report on Monday, January 6th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $52.00.

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.