Massmutual Trust Co. FSB ADV Increases Holdings in Rollins, Inc. (NYSE:ROL)

Massmutual Trust Co. FSB ADV lifted its position in Rollins, Inc. (NYSE:ROL) by 6.2% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 103,282 shares of the business services provider’s stock after purchasing an additional 6,000 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in Rollins were worth $5,039,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Czech National Bank lifted its stake in shares of Rollins by 0.5% in the 1st quarter. Czech National Bank now owns 49,396 shares of the business services provider’s stock worth $2,286,000 after purchasing an additional 226 shares during the period. Lindbrook Capital LLC boosted its stake in shares of 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 acquiring an additional 260 shares during the last quarter. RB Capital Management LLC increased its stake in shares of Rollins by 1.1% in the 1st quarter. RB Capital Management LLC now owns 25,114 shares of the business services provider’s stock worth $1,162,000 after purchasing an additional 275 shares in the last quarter. Atria Investments Inc raised its holdings in Rollins by 0.3% in the 1st quarter. Atria Investments Inc now owns 105,501 shares of the business services provider’s stock worth $4,882,000 after purchasing an additional 278 shares during the period. Finally, Benjamin F. Edwards & Company Inc. lifted its position in Rollins by 3.9% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 8,204 shares of the business services provider’s stock valued at $380,000 after purchasing an additional 306 shares in the last quarter. Institutional investors own 51.79% of the company’s stock.

Insider Buying and Selling

In other Rollins news, CFO Kenneth D. Krause sold 3,331 shares of the company’s stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of $47.50, for a total transaction of $158,222.50. Following the transaction, the chief financial officer now owns 90,747 shares in the company, valued at approximately $4,310,482.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Jerry Jr. Gahlhoff sold 12,000 shares of the company’s stock in a transaction dated Friday, June 7th. The stock was 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 owns 288,671 shares of the company’s stock, valued at approximately $13,625,271.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Kenneth D. Krause sold 3,331 shares of the stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of $47.50, for a total value of $158,222.50. Following the transaction, the chief financial officer now owns 90,747 shares in the company, valued at approximately $4,310,482.50. The disclosure for this sale can be found here. Insiders sold 20,017 shares of company stock worth $948,707 in the last three months. 4.69% of the stock is owned by insiders.

Rollins Price Performance

Shares of ROL traded down $0.38 during midday trading on Monday, hitting $47.63. 1,823,677 shares of the company traded hands, compared to its average volume of 1,801,752. The firm has a 50 day moving average of $48.43 and a 200-day 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 debt-to-equity ratio of 0.41, a quick ratio of 0.72 and a current ratio of 0.78. The stock has a market cap of $23.07 billion, a price-to-earnings ratio of 53.52, a PEG ratio of 3.72 and a beta of 0.70.

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

Rollins Dividend Announcement

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 $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date of this dividend is Monday, August 12th. Rollins’s dividend payout ratio (DPR) is 67.42%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research note 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. Morgan Stanley raised their price objective 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. Finally, UBS Group reaffirmed a “neutral” rating and issued a $49.00 target price on shares of Rollins in a report on Monday, April 15th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target 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.