Vestmark Advisory Solutions Inc. Increases Stake in Rollins, Inc. (NYSE:ROL)

Vestmark Advisory Solutions Inc. raised its position in Rollins, Inc. (NYSE:ROL) by 3.2% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 78,533 shares of the business services provider’s stock after purchasing an additional 2,438 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Rollins were worth $3,430,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ROL. Chevy Chase Trust Holdings LLC lifted its holdings in Rollins by 18.6% in the 3rd quarter. Chevy Chase Trust Holdings LLC now owns 158,023 shares of the business services provider’s stock valued at $5,899,000 after purchasing an additional 24,782 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in shares of Rollins by 6.0% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 180,307 shares of the business services provider’s stock worth $6,731,000 after acquiring an additional 10,239 shares during the period. Xponance Inc. raised its holdings in shares of Rollins by 14.8% during the 3rd quarter. Xponance Inc. now owns 62,583 shares of the business services provider’s stock worth $2,336,000 after acquiring an additional 8,067 shares during the period. Maryland State Retirement & Pension System raised its holdings in shares of Rollins by 16.4% during the 3rd quarter. Maryland State Retirement & Pension System now owns 19,644 shares of the business services provider’s stock worth $733,000 after acquiring an additional 2,771 shares during the period. Finally, Raymond James & Associates raised its holdings in shares of Rollins by 28.9% during the 3rd quarter. Raymond James & Associates now owns 1,118,330 shares of the business services provider’s stock worth $41,747,000 after acquiring an additional 250,607 shares during the period. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Rollins Trading Up 3.1 %

Shares of NYSE:ROL traded up $1.38 during midday trading on Friday, reaching $46.12. 1,947,294 shares of the company’s stock were exchanged, compared to its average volume of 2,000,080. The firm’s 50 day simple moving average is $44.88 and its two-hundred day simple moving average is $42.42. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.72 and a quick ratio of 0.66. The stock has a market cap of $22.33 billion, a price-to-earnings ratio of 51.82, a P/E/G ratio of 3.42 and a beta of 0.65. Rollins, Inc. has a fifty-two week low of $32.19 and a fifty-two week high of $47.45.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, April 24th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.20. The firm had revenue of $748.35 million during the quarter, compared to the consensus estimate of $739.12 million. Rollins had a return on equity of 37.73% and a net margin of 13.94%. The company’s quarterly revenue was up 13.7% on a year-over-year basis. During the same period last year, the company earned $0.18 EPS. As a group, sell-side analysts forecast that Rollins, Inc. will post 1 EPS for the current fiscal year.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Friday, May 10th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.30%. The ex-dividend date is Thursday, May 9th. Rollins’s dividend payout ratio is currently 67.42%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. UBS Group reiterated a “neutral” rating and set a $49.00 price target on shares of Rollins in a report on Monday, April 15th. StockNews.com lowered Rollins from a “buy” rating to a “hold” rating in a report on Thursday, April 25th. Royal Bank of Canada reiterated an “outperform” rating and set a $52.00 price target on shares of Rollins in a report on Thursday, February 15th. Finally, Morgan Stanley lifted their price target on Rollins from $42.00 to $43.00 and gave the stock an “equal weight” rating in a report on Friday, April 26th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $47.00.

Insider Buying and Selling at Rollins

In other Rollins news, CFO Kenneth D. Krause sold 5,000 shares of Rollins stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total value of $230,900.00. Following the completion of the transaction, the chief financial officer now directly owns 99,078 shares of the company’s stock, valued at approximately $4,575,422.04. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Rollins news, CFO Kenneth D. Krause sold 5,000 shares of Rollins stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total value of $230,900.00. Following the completion of the transaction, the chief financial officer now directly owns 99,078 shares of the company’s stock, valued at approximately $4,575,422.04. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Traci Hornfeck sold 2,677 shares of Rollins stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $43.48, for a total value of $116,395.96. Following the completion of the transaction, the insider now owns 14,376 shares of the company’s stock, valued at approximately $625,068.48. The disclosure for this sale can be found here. Insiders sold a total of 27,824 shares of company stock valued at $1,219,558 in the last three months. 4.69% of the stock is owned by corporate insiders.

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.