Rollins, Inc. (NYSE:ROL) Shares Acquired by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. boosted its holdings in Rollins, Inc. (NYSE:ROL) by 45.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 287,536 shares of the business services provider’s stock after purchasing an additional 89,899 shares during the quarter. Tokio Marine Asset Management Co. Ltd. owned approximately 0.06% of Rollins worth $13,327,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Brooklyn Investment Group acquired a new position in shares of Rollins in the 3rd quarter valued at about $28,000. True Wealth Design LLC lifted its holdings 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 worth $40,000 after acquiring an additional 769 shares during the last quarter. Versant Capital Management Inc boosted 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 period. Capital Performance Advisors LLP bought a new position in shares of Rollins during the third quarter valued at approximately $52,000. Finally, Intact Investment Management Inc. acquired a new stake in shares of Rollins during the 3rd quarter worth approximately $71,000. Institutional investors own 51.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on ROL. UBS Group boosted their price objective on Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research report on Friday, January 17th. Wells Fargo & Company upped their price target on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. Canaccord Genuity Group began coverage on shares of Rollins in a research report on Tuesday, January 7th. They issued a “hold” rating and a $48.00 price objective on the stock. Morgan Stanley upped their target price on shares of Rollins from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 price target on shares of Rollins in a report on Monday, January 6th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $51.50.

Insider Buying and Selling at Rollins

In other news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the firm’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $49.88, for a total transaction of $735,730.00. Following the completion of the transaction, the insider now owns 124,214 shares in the company, valued at approximately $6,195,794.32. This trade represents a 10.61 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 4.69% of the stock is currently owned by corporate insiders.

Rollins Stock Down 0.5 %

ROL stock opened at $49.47 on Friday. The firm’s 50-day moving average is $48.12 and its two-hundred day moving average is $48.91. The company has a market capitalization of $23.96 billion, a price-to-earnings ratio of 51.53 and a beta of 0.75. Rollins, Inc. has a 52 week low of $40.41 and a 52 week high of $52.16. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 0.34.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th will be given a $0.165 dividend. The ex-dividend date is Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a yield of 1.33%. Rollins’s dividend payout ratio (DPR) is 68.75%.

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.