California State Teachers Retirement System Has $21.63 Million Stock Holdings in Rollins, Inc. (NYSE:ROL)

California State Teachers Retirement System boosted its position in shares of Rollins, Inc. (NYSE:ROL) by 1.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 467,452 shares of the business services provider’s stock after buying an additional 7,844 shares during the quarter. California State Teachers Retirement System owned approximately 0.10% of Rollins worth $21,629,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Czech National Bank lifted its holdings in Rollins by 0.5% during the 1st quarter. Czech National Bank now owns 49,396 shares of the business services provider’s stock worth $2,286,000 after buying an additional 226 shares in the last quarter. Lindbrook Capital LLC lifted its holdings in Rollins by 72.4% during the 4th 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. RB Capital Management LLC lifted its holdings in Rollins by 1.1% during the 1st quarter. RB Capital Management LLC now owns 25,114 shares of the business services provider’s stock worth $1,162,000 after buying an additional 275 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its holdings in Rollins by 3.9% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 8,204 shares of the business services provider’s stock worth $380,000 after buying an additional 306 shares in the last quarter. Finally, Beacon Pointe Advisors LLC raised its position in shares of Rollins by 4.7% during the 4th quarter. Beacon Pointe Advisors LLC now owns 7,806 shares of the business services provider’s stock valued at $341,000 after acquiring an additional 348 shares during the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Insider Buying and Selling

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

Rollins Trading Down 0.1 %

Shares of ROL traded down $0.05 during trading hours on Thursday, reaching $47.86. The stock had a trading volume of 90,598 shares, compared to its average volume of 1,788,481. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.41. Rollins, Inc. has a 52 week low of $32.19 and a 52 week high of $50.87. The firm has a 50-day moving average of $48.35 and a 200 day moving average of $45.91. The company has a market cap of $23.18 billion, a P/E ratio of 53.83, a P/E/G ratio of 3.76 and a beta of 0.70.

Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, July 24th. The business services provider reported $0.27 EPS for the quarter, meeting analysts’ consensus estimates of $0.27. Rollins had a net margin of 14.23% and a return on equity of 40.10%. The business had revenue of $891.90 million during the quarter, compared to analysts’ expectations of $895.02 million. During the same quarter in the prior year, the company earned $0.23 EPS. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. On average, sell-side analysts expect that Rollins, Inc. will post 1 earnings per share for the current fiscal year.

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 10th. Investors of record on Monday, August 12th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date is Monday, August 12th. Rollins’s dividend payout ratio is currently 67.42%.

Wall Street Analyst Weigh In

Several analysts have commented on ROL shares. UBS Group reiterated a “neutral” rating and set a $49.00 target price on shares of Rollins in a research report on Monday, April 15th. Royal Bank of Canada reiterated an “outperform” rating and set a $52.00 target price on shares of Rollins in a research report on Thursday, July 25th. StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, July 10th. Finally, Morgan Stanley upped their target price on shares of Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a research report on Friday, April 26th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $46.60.

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.