Dudley & Shanley Inc. Grows Stake in Rollins, Inc. (NYSE:ROL)

Dudley & Shanley Inc. raised its stake in Rollins, Inc. (NYSE:ROL) by 1.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 443,135 shares of the business services provider’s stock after acquiring an additional 6,950 shares during the quarter. Rollins makes up 3.5% of Dudley & Shanley Inc.’s holdings, making the stock its 15th biggest position. Dudley & Shanley Inc. owned approximately 0.09% of Rollins worth $20,504,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ROL. LPL Financial LLC boosted its stake in Rollins by 19.2% in the third quarter. LPL Financial LLC now owns 174,515 shares of the business services provider’s stock valued at $6,515,000 after acquiring an additional 28,073 shares during the last quarter. Natixis Advisors L.P. lifted its stake in shares of Rollins by 5.0% during the 3rd quarter. Natixis Advisors L.P. now owns 67,266 shares of the business services provider’s stock valued at $2,511,000 after buying an additional 3,181 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in shares of Rollins by 23.4% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 18,114 shares of the business services provider’s stock valued at $676,000 after buying an additional 3,434 shares in the last quarter. Mutual Advisors LLC purchased a new stake in shares of Rollins during the 3rd quarter valued at approximately $205,000. Finally, Treasurer of the State of North Carolina lifted its stake in shares of Rollins by 14.9% during the 3rd quarter. Treasurer of the State of North Carolina now owns 118,662 shares of the business services provider’s stock valued at $4,430,000 after buying an additional 15,393 shares in the last quarter. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Rollins

In other Rollins news, CEO Jerry Jr. Gahlhoff sold 12,000 shares of the stock in a transaction on Friday, June 7th. The shares were sold at an average price of $47.20, for a total transaction of $566,400.00. Following the completion of the sale, the chief executive officer now owns 288,671 shares of the company’s stock, valued at approximately $13,625,271.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, CFO Kenneth D. Krause sold 3,331 shares of the firm’s stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $47.50, for a total value of $158,222.50. Following the completion of the sale, the chief financial officer now directly owns 90,747 shares of the company’s stock, valued at approximately $4,310,482.50. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Jerry Jr. Gahlhoff sold 12,000 shares of the firm’s stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $47.20, for a total transaction of $566,400.00. Following the completion of the sale, the chief executive officer now directly owns 288,671 shares of the company’s stock, valued at $13,625,271.20. The disclosure for this sale can be found here. Insiders sold 20,331 shares of company stock valued at $949,623 in the last quarter. Company insiders own 4.69% of the company’s stock.

Rollins Price Performance

Shares of NYSE:ROL traded up $1.14 during trading on Wednesday, reaching $50.29. The company had a trading volume of 1,226,243 shares, compared to its average volume of 1,808,781. The company has a fifty day moving average of $47.02 and a two-hundred day moving average of $45.04. The stock has a market capitalization of $24.35 billion, a P/E ratio of 55.23, a price-to-earnings-growth ratio of 3.72 and a beta of 0.70. Rollins, Inc. has a 12 month low of $32.19 and a 12 month high of $50.31. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.44.

Rollins (NYSE:ROL) last released its earnings results on Wednesday, April 24th. The business services provider reported $0.20 EPS for the quarter, meeting the consensus estimate of $0.20. Rollins had a net margin of 13.94% and a return on equity of 37.73%. The company had revenue of $748.35 million for the quarter, compared to analyst estimates of $739.12 million. During the same quarter last year, the firm earned $0.18 EPS. The firm’s quarterly revenue was up 13.7% compared to the same quarter last year. Equities research analysts forecast that Rollins, Inc. will post 1 earnings per share for the current year.

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Friday, May 10th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, May 9th. This represents a $0.60 annualized dividend and a yield of 1.19%. Rollins’s payout ratio is currently 67.42%.

Analyst Ratings Changes

A number of analysts recently commented on ROL shares. UBS Group restated a “neutral” rating and set a $49.00 price target on shares of Rollins in a research note on Monday, April 15th. Morgan Stanley upped their price target on shares of Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a research note on Friday, April 26th. Finally, StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a report on Tuesday. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $47.00.

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.