Blair William & Co. IL Sells 81,003 Shares of Rollins, Inc. (NYSE:ROL)

Blair William & Co. IL lowered its stake in shares of Rollins, Inc. (NYSE:ROL) by 4.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,962,011 shares of the business services provider’s stock after selling 81,003 shares during the period. Blair William & Co. IL owned 0.41% of Rollins worth $95,727,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Rollins by 0.6% in the first quarter. Vanguard Group Inc. now owns 32,438,440 shares of the business services provider’s stock worth $1,500,927,000 after purchasing an additional 206,873 shares during the last quarter. Norges Bank purchased a new position in Rollins during the fourth quarter worth approximately $256,862,000. TD Asset Management Inc boosted its holdings in Rollins by 14.5% in the 1st quarter. TD Asset Management Inc now owns 2,826,135 shares of the business services provider’s stock valued at $130,765,000 after purchasing an additional 357,535 shares during the last quarter. Renaissance Technologies LLC grew its holdings in shares of Rollins by 4.9% during the 2nd quarter. Renaissance Technologies LLC now owns 2,825,569 shares of the business services provider’s stock worth $137,860,000 after purchasing an additional 133,100 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in Rollins by 8.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,156,892 shares of the business services provider’s stock valued at $105,247,000 after purchasing an additional 172,009 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors.

Rollins Trading Up 1.0 %

Shares of NYSE:ROL opened at $51.40 on Wednesday. Rollins, Inc. has a 52 week low of $32.19 and a 52 week high of $51.90. The company’s 50 day moving average is $49.20 and its two-hundred day moving average is $47.40. The company has a market cap of $24.89 billion, a PE ratio of 57.75, a P/E/G ratio of 3.93 and a beta of 0.70. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 0.41.

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

Rollins Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Monday, August 12th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.17%. The ex-dividend date was Monday, August 12th. Rollins’s dividend payout ratio (DPR) is presently 67.42%.

Insider Buying and Selling

In other Rollins news, insider Elizabeth B. Chandler sold 4,685 shares of the stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $50.74, for a total value of $237,716.90. Following the transaction, the insider now directly owns 89,338 shares in the company, valued at $4,533,010.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Rollins news, insider Elizabeth B. Chandler sold 4,685 shares of the company’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $50.74, for a total value of $237,716.90. Following the completion of the transaction, the insider now owns 89,338 shares in the company, valued at $4,533,010.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Elizabeth B. Chandler sold 4,686 shares of the firm’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $47.82, for a total value of $224,084.52. Following the transaction, the insider now directly owns 95,023 shares in the company, valued at approximately $4,543,999.86. The disclosure for this sale can be found here. 4.69% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

ROL has been the topic of several research reports. Royal Bank of Canada reissued an “outperform” rating and set a $52.00 price target on shares of Rollins in a research report on Thursday, July 25th. Wells Fargo & Company assumed coverage on shares of Rollins in a research report on Monday, August 12th. They issued an “overweight” rating and a $54.00 price target for the company. Finally, StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, July 10th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Rollins currently has a consensus rating of “Moderate Buy” and an average price target of $47.83.

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.