Commonwealth Equity Services LLC Has $1.87 Million Stake in Rollins, Inc. (NYSE:ROL)

Commonwealth Equity Services LLC increased its stake in shares of Rollins, Inc. (NYSE:ROL) by 168.0% during the 4th quarter, Holdings Channel reports. The fund owned 40,342 shares of the business services provider’s stock after acquiring an additional 25,288 shares during the period. Commonwealth Equity Services LLC’s holdings in Rollins were worth $1,870,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Brooklyn Investment Group bought a new position in shares of Rollins during the 3rd quarter worth about $28,000. Centricity Wealth Management LLC acquired a new position in Rollins during the 4th quarter worth approximately $31,000. True Wealth Design LLC boosted its holdings 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 worth $40,000 after acquiring an additional 769 shares in the last quarter. Versant Capital Management Inc grew its stake 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 period. Finally, SRS Capital Advisors Inc. increased its holdings in shares of Rollins by 25.7% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider’s stock valued at $66,000 after acquiring an additional 292 shares in the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Elizabeth B. Chandler sold 13,193 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $51.18, for a total transaction of $675,217.74. Following the completion of the sale, the insider now owns 76,526 shares in the company, valued at $3,916,600.68. This trade represents a 14.70 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Traci Hornfeck sold 3,224 shares of the company’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total value of $171,194.40. Following the completion of the transaction, the insider now owns 9,602 shares in the company, valued at approximately $509,866.20. The trade was a 25.14 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 18,338 shares of company stock valued at $945,882. 4.47% of the stock is owned by insiders.

Analysts Set New Price Targets

ROL has been the topic of a number of recent research reports. UBS Group increased their target price on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a report on Friday, January 17th. Wells Fargo & Company boosted their target price on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research report on Monday, January 6th. Morgan Stanley boosted their price objective on Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Finally, Canaccord Genuity Group increased their price objective on Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research note on Friday, February 14th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, Rollins presently has a consensus rating of “Hold” and a consensus target price of $52.00.

Rollins Trading Down 1.4 %

Shares of ROL stock opened at $53.04 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69. The company has a market capitalization of $25.73 billion, a price-to-earnings ratio of 55.25 and a beta of 0.78. Rollins, Inc. has a 52-week low of $41.72 and a 52-week high of $54.00. The company has a 50-day simple moving average of $50.88 and a two-hundred day simple moving average of $49.57.

Rollins (NYSE:ROL) last released its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. Research analysts anticipate that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th were paid a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date was Tuesday, February 25th. Rollins’s payout ratio is 68.75%.

About Rollins

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.