Insider Selling: Rollins, Inc. (NYSE:ROL) Insider Sells $224,084.52 in Stock

Rollins, Inc. (NYSE:ROL) insider Elizabeth B. Chandler sold 4,686 shares of the company’s stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $47.82, for a total value of $224,084.52. Following the completion of the transaction, the insider now owns 95,023 shares in the company, valued at approximately $4,543,999.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Rollins Stock Up 1.3 %

Shares of NYSE ROL opened at $48.01 on Monday. The business has a 50-day simple moving average of $48.43 and a two-hundred day simple moving average of $45.98. Rollins, Inc. has a 52 week low of $32.19 and a 52 week high of $50.87. The company has a market cap of $23.25 billion, a P/E ratio of 53.94, a P/E/G ratio of 3.72 and a beta of 0.70. 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 (NYSE:ROL) last issued its quarterly earnings data on Wednesday, July 24th. The business services provider reported $0.27 EPS for the quarter, meeting the consensus estimate of $0.27. Rollins had a net margin of 14.23% and a return on equity of 40.10%. The company had revenue of $891.90 million during the quarter, compared to analysts’ expectations of $895.02 million. During the same quarter in the previous year, the company earned $0.23 earnings per share. Rollins’s revenue for the quarter was up 8.7% on a year-over-year basis. Research analysts anticipate that Rollins, Inc. will post 1 earnings per share for the current fiscal year.

Rollins Announces Dividend

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

Hedge Funds Weigh In On Rollins

A number of institutional investors have recently added to or reduced their stakes in ROL. Lindbrook Capital LLC grew its holdings in shares of 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 purchasing an additional 260 shares in the last quarter. Spire Wealth Management raised its position in shares of Rollins by 139.7% during the 4th quarter. Spire Wealth Management now owns 755 shares of the business services provider’s stock valued at $33,000 after buying an additional 440 shares in the last quarter. Ridgewood Investments LLC purchased a new stake in shares of Rollins during the 2nd quarter valued at $34,000. Principal Securities Inc. purchased a new position in Rollins in the fourth quarter worth $36,000. Finally, Quent Capital LLC increased its stake in Rollins by 43.9% in the second quarter. Quent Capital LLC now owns 774 shares of the business services provider’s stock valued at $38,000 after acquiring an additional 236 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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