JLB & Associates Inc. Has $18.34 Million Stock Holdings in Rollins, Inc. (NYSE:ROL)

JLB & Associates Inc. lifted its holdings in shares of Rollins, Inc. (NYSE:ROL) by 0.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 362,499 shares of the business services provider’s stock after purchasing an additional 695 shares during the quarter. Rollins makes up about 2.4% of JLB & Associates Inc.’s holdings, making the stock its 18th biggest position. JLB & Associates Inc. owned approximately 0.07% of Rollins worth $18,335,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Quest Partners LLC bought a new position in Rollins during the second quarter valued at about $33,000. Ridgewood Investments LLC acquired a new stake in Rollins in the 2nd quarter worth approximately $34,000. Quent Capital LLC boosted its position in Rollins by 43.9% during the second quarter. Quent Capital LLC now owns 774 shares of the business services provider’s stock worth $38,000 after purchasing an additional 236 shares during the period. Whittier Trust Co. of Nevada Inc. grew its holdings in Rollins by 10,233.3% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 930 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 921 shares during the last quarter. Finally, Blue Trust Inc. grew its holdings in Rollins by 114.2% during the second quarter. Blue Trust Inc. now owns 1,604 shares of the business services provider’s stock valued at $74,000 after purchasing an additional 855 shares during the last quarter. Institutional investors own 51.79% of the company’s stock.

Wall Street Analyst Weigh In

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

Insider Activity at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 4,685 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $50.49, for a total transaction of $236,545.65. Following the completion of the transaction, the insider now owns 84,653 shares in the company, valued at $4,274,129.97. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, insider Elizabeth B. Chandler sold 4,685 shares of the company’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $50.49, for a total value of $236,545.65. Following the sale, the insider now owns 84,653 shares of the company’s stock, valued at approximately $4,274,129.97. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Elizabeth B. Chandler sold 4,686 shares of the stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $47.82, for a total transaction of $224,084.52. Following the sale, the insider now owns 95,023 shares of the company’s stock, valued at approximately $4,543,999.86. The disclosure for this sale can be found here. Insiders have sold a total of 14,056 shares of company stock valued at $698,347 over the last quarter. 4.69% of the stock is owned by company insiders.

Rollins Trading Down 0.3 %

Rollins stock opened at $50.37 on Thursday. Rollins, Inc. has a 12 month low of $32.19 and a 12 month high of $51.96. The stock has a market cap of $24.39 billion, a price-to-earnings ratio of 56.60 and a beta of 0.70. The business has a 50 day moving average price of $49.38 and a two-hundred day moving average price of $47.76. 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 earnings results on Wednesday, July 24th. The business services provider reported $0.27 EPS for the quarter, hitting the consensus estimate of $0.27. The firm had revenue of $891.90 million during the quarter, compared to analysts’ expectations of $895.02 million. Rollins had a return on equity of 40.10% and a net margin of 14.23%. Rollins’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period last year, the business earned $0.23 earnings per share. As a group, equities analysts forecast that Rollins, Inc. will post 1 EPS for the current year.

Rollins Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Monday, August 12th were paid a $0.15 dividend. The ex-dividend date was Monday, August 12th. This represents a $0.60 dividend on an annualized basis and a yield of 1.19%. Rollins’s payout ratio is currently 67.42%.

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.