Rollins, Inc. (NYSE:ROL) Receives Consensus Rating of “Hold” from Analysts

Shares of Rollins, Inc. (NYSE:ROL) have been assigned an average rating of “Hold” from the six brokerages that are presently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $52.83.

Several analysts recently weighed in on the company. Wells Fargo & Company lifted their price target on Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. Royal Bank of Canada reissued an “outperform” rating and set a $52.00 target price on shares of Rollins in a report on Monday, January 6th. Barclays upped their price target on shares of Rollins from $50.00 to $55.00 and gave the company an “equal weight” rating in a research note on Friday. UBS Group lifted their price objective 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. Finally, Canaccord Genuity Group increased their target price on shares of Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research report on Friday, February 14th.

Rollins Stock Performance

NYSE ROL opened at $52.15 on Friday. The stock has a market cap of $25.29 billion, a PE ratio of 54.32 and a beta of 0.78. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69. The firm has a 50-day moving average of $51.46 and a 200-day moving average of $49.71. Rollins has a 52-week low of $41.72 and a 52-week high of $56.26.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, meeting the consensus estimate of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. On average, sell-side analysts anticipate that Rollins will post 1.09 EPS for the current year.

Rollins Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th were issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend was Tuesday, February 25th. Rollins’s dividend payout ratio (DPR) is presently 68.75%.

Insider Activity at Rollins

In other Rollins news, insider Thomas D. Tesh sold 1,921 shares of Rollins stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $51.78, for a total value of $99,469.38. Following the transaction, the insider now owns 41,173 shares in the company, valued at $2,131,937.94. The trade was a 4.46 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Traci Hornfeck sold 3,224 shares of the business’s stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total value of $171,194.40. Following the transaction, the insider now directly owns 9,602 shares of the company’s stock, valued at approximately $509,866.20. The trade was 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 over the last three months. 4.47% of the stock is owned by insiders.

Institutional Investors Weigh In On Rollins

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Eastern Bank grew its stake in shares of Rollins by 0.5% during the fourth quarter. Eastern Bank now owns 50,410 shares of the business services provider’s stock worth $2,337,000 after buying an additional 236 shares during the last quarter. Keel Point LLC grew its position in Rollins by 5.1% during the 4th quarter. Keel Point LLC now owns 5,397 shares of the business services provider’s stock worth $250,000 after acquiring an additional 262 shares during the last quarter. Kensington Investment Counsel LLC increased its holdings in Rollins by 0.7% in the 4th 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 in the last quarter. New York Life Investment Management LLC raised its position in Rollins by 0.7% in the fourth 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 purchasing an additional 274 shares during the last quarter. Finally, SRS Capital Advisors Inc. boosted its stake in shares of Rollins by 25.7% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider’s stock valued at $66,000 after purchasing an additional 292 shares in the last quarter. 51.79% of the stock is owned by institutional investors.

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.