Crown Oak Advisors LLC Has $9.59 Million Position in Rollins, Inc. (NYSE:ROL)

Crown Oak Advisors LLC increased its stake in Rollins, Inc. (NYSE:ROL) by 13.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 206,942 shares of the business services provider’s stock after purchasing an additional 24,750 shares during the period. Rollins makes up 4.9% of Crown Oak Advisors LLC’s holdings, making the stock its 9th biggest holding. Crown Oak Advisors LLC’s holdings in Rollins were worth $9,592,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of ROL. Brooklyn Investment Group bought a new position in Rollins in the third quarter valued at approximately $28,000. True Wealth Design LLC boosted its stake in Rollins by 4,272.2% in the third quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock valued at $40,000 after buying an additional 769 shares in the last quarter. Versant Capital Management Inc grew its position in Rollins by 57.8% in the fourth quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 326 shares during the last quarter. Capital Performance Advisors LLP acquired a new position in Rollins during the third quarter worth about $52,000. Finally, Intact Investment Management Inc. bought a new position in shares of Rollins in the third quarter worth about $71,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Price Performance

ROL stock opened at $48.60 on Friday. Rollins, Inc. has a 12-month low of $40.41 and a 12-month high of $52.16. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.34. The company’s fifty day simple moving average is $48.23 and its 200 day simple moving average is $48.92. The firm has a market cap of $23.53 billion, a price-to-earnings ratio of 50.62 and a beta of 0.75.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.01). The business had revenue of $916.27 million during the quarter, compared to analyst estimates of $911.15 million. Rollins had a net margin of 14.18% and a return on equity of 38.67%. Rollins’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same period last year, the firm posted $0.28 earnings per share. On average, analysts expect that Rollins, Inc. will post 0.99 earnings per share for the current year.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th will be paid a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $0.66 annualized dividend and a dividend yield of 1.36%. Rollins’s dividend payout ratio is presently 68.75%.

Insider Activity

In other Rollins news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $49.88, for a total transaction of $735,730.00. Following the completion of the sale, the insider now owns 124,214 shares in the company, valued at approximately $6,195,794.32. The trade was a 10.61 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 4.69% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Barclays initiated coverage on shares of Rollins in a report on Monday, November 4th. They set an “equal weight” rating and a $50.00 price target on the stock. Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research note on Monday, January 6th. Morgan Stanley boosted their price objective on Rollins from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. UBS Group increased their target price on Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research report on Friday, January 17th. Finally, Canaccord Genuity Group initiated coverage on Rollins in a research note on Tuesday, January 7th. They set a “hold” rating and a $48.00 price target on the stock. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $51.50.

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.