Everpar Advisors LLC Makes New Investment in Rollins, Inc. (NYSE:ROL)

Everpar Advisors LLC bought a new stake in shares of Rollins, Inc. (NYSE:ROL) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 14,272 shares of the business services provider’s stock, valued at approximately $623,000.

Several other large investors also recently modified their holdings of the stock. Lindbrook Capital LLC grew its stake in Rollins by 72.4% during the fourth quarter. Lindbrook Capital LLC now owns 619 shares of the business services provider’s stock worth $27,000 after buying an additional 260 shares in the last quarter. Spire Wealth Management raised its position in Rollins by 139.7% during the fourth quarter. Spire Wealth Management now owns 755 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 440 shares in the last quarter. Operose Advisors LLC bought a new stake in Rollins during the third quarter worth $47,000. Blue Trust Inc. lifted its stake in Rollins by 65.9% during the fourth quarter. Blue Trust Inc. now owns 1,453 shares of the business services provider’s stock worth $63,000 after purchasing an additional 577 shares during the last quarter. Finally, First Horizon Advisors Inc. boosted its holdings in shares of Rollins by 224.5% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,603 shares of the business services provider’s stock valued at $60,000 after purchasing an additional 1,109 shares in the last quarter. 51.79% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Rollins

In related news, insider Traci Hornfeck sold 2,677 shares of the business’s stock in a transaction dated Thursday, February 29th. The stock was sold at an average price of $43.48, for a total value of $116,395.96. Following the completion of the sale, the insider now directly owns 14,376 shares of the company’s stock, valued at approximately $625,068.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Rollins news, insider Traci Hornfeck sold 2,677 shares of the firm’s stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $43.48, for a total value of $116,395.96. Following the transaction, the insider now directly owns 14,376 shares of the company’s stock, valued at $625,068.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Elizabeth B. Chandler sold 10,000 shares of the business’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total transaction of $410,500.00. Following the sale, the insider now directly owns 99,709 shares of the company’s stock, valued at $4,093,054.45. 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 quarter. 4.69% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on ROL shares. UBS Group reiterated a “neutral” rating and issued a $49.00 target price on shares of Rollins in a research report on Monday, April 15th. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research note on Thursday, February 15th. StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a report on Thursday, April 25th. Finally, Morgan Stanley lifted their price target on Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a research note on Friday, April 26th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Rollins presently has a consensus rating of “Moderate Buy” and an average price target of $47.00.

Rollins Trading Up 0.2 %

ROL stock traded up $0.08 during trading on Tuesday, hitting $47.18. The company had a trading volume of 1,487,085 shares, compared to its average volume of 1,942,982. The stock has a market cap of $22.85 billion, a PE ratio of 53.01, a PEG ratio of 3.53 and a beta of 0.65. Rollins, Inc. has a one year low of $32.19 and a one year high of $47.62. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.44. The business has a 50-day moving average of $45.05 and a 200-day moving average of $42.71.

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

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Friday, May 10th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.27%. The ex-dividend date of this dividend is Thursday, May 9th. Rollins’s dividend payout ratio (DPR) is 67.42%.

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.