Czech National Bank Takes Position in Rollins, Inc. (NYSE:ROL)

Czech National Bank acquired a new position in Rollins, Inc. (NYSE:ROL – Get Rating) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 26,896 shares of the business services provider’s stock, valued at approximately $933,000.

Other large investors have also recently made changes to their positions in the company. Eagle Bay Advisors LLC acquired a new position in shares of Rollins in the 2nd quarter worth approximately $29,000. CX Institutional acquired a new position in shares of Rollins in the 2nd quarter worth approximately $33,000. Federated Hermes Inc. acquired a new position in shares of Rollins in the 2nd quarter worth approximately $40,000. Ronald Blue Trust Inc. acquired a new position in shares of Rollins in the 2nd quarter worth approximately $43,000. Finally, Wipfli Financial Advisors LLC acquired a new position in shares of Rollins in the 3rd quarter worth approximately $44,000. 38.98% of the stock is currently owned by institutional investors and hedge funds.

Rollins Price Performance

Shares of ROL opened at $37.78 on Friday. Rollins, Inc. has a twelve month low of $28.50 and a twelve month high of $43.06. The firm’s fifty day simple moving average is $38.87 and its 200-day simple moving average is $37.35. The firm has a market capitalization of $18.61 billion, a price-to-earnings ratio of 53.97 and a beta of 0.65. The company has a current ratio of 0.78, a quick ratio of 0.73 and a debt-to-equity ratio of 0.09.

Rollins (NYSE:ROL – Get Rating) last announced its quarterly earnings data on Wednesday, October 26th. The business services provider reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.02. Rollins had a net margin of 13.12% and a return on equity of 30.96%. The business had revenue of $729.70 million for the quarter, compared to analyst estimates of $713.55 million. Equities analysts forecast that Rollins, Inc. will post 0.73 EPS for the current fiscal year.

Rollins Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 9th. Stockholders of record on Thursday, November 10th were issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.38%. This is a positive change from Rollins’s previous quarterly dividend of $0.10. The ex-dividend date was Wednesday, November 9th. Rollins’s dividend payout ratio (DPR) is presently 74.29%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Wells Fargo & Company upped their price objective on shares of Rollins from $37.00 to $39.00 and gave the stock an “equal weight” rating in a report on Thursday, October 27th. Jefferies Financial Group started coverage on shares of Rollins in a report on Tuesday, October 25th. They set a “hold” rating and a $36.00 target price on the stock. Finally, StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a report on Thursday, October 27th.

Insider Activity

In other news, COO Jerry Jr. Gahlhoff sold 4,000 shares of the firm’s stock in a transaction on Wednesday, October 26th. The shares were sold at an average price of $38.00, for a total value of $152,000.00. Following the sale, the chief operating officer now directly owns 172,539 shares in the company, valued at approximately $6,556,482. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, COO Jerry Jr. Gahlhoff sold 4,000 shares of the stock in a transaction on Wednesday, October 26th. The shares were sold at an average price of $38.00, for a total value of $152,000.00. Following the transaction, the chief operating officer now directly owns 172,539 shares of the company’s stock, valued at approximately $6,556,482. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Vice Chairman John F. Wilson sold 32,000 shares of the stock in a transaction on Wednesday, October 26th. The shares were sold at an average price of $39.54, for a total transaction of $1,265,280.00. Following the completion of the transaction, the insider now directly owns 804,580 shares in the company, valued at $31,813,093.20. The disclosure for this sale can be found here. In the last three months, insiders have sold 43,871 shares of company stock worth $1,751,089. 53.10% of the stock is currently owned by corporate insiders.

About Rollins

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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.