Koshinski Asset Management Inc. Sells 1,078 Shares of Rollins, Inc. (NYSE:ROL)

Koshinski Asset Management Inc. cut its position in Rollins, Inc. (NYSE:ROL) by 10.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,923 shares of the business services provider’s stock after selling 1,078 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Rollins were worth $390,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in shares of Rollins by 18.7% in the third quarter. Vanguard Group Inc. now owns 32,020,007 shares of the business services provider’s stock valued at $1,195,307,000 after purchasing an additional 5,041,371 shares in the last quarter. Select Equity Group L.P. grew its position in shares of Rollins by 1.5% in the first quarter. Select Equity Group L.P. now owns 12,922,308 shares of the business services provider’s stock valued at $484,974,000 after purchasing an additional 189,977 shares in the last quarter. State Street Corp grew its position in shares of Rollins by 1.3% in the second quarter. State Street Corp now owns 11,286,374 shares of the business services provider’s stock valued at $483,395,000 after purchasing an additional 146,536 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its position in shares of Rollins by 40.6% in the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 9,293,419 shares of the business services provider’s stock valued at $346,923,000 after purchasing an additional 2,682,017 shares in the last quarter. Finally, Invesco Ltd. grew its position in shares of Rollins by 18.4% in the third quarter. Invesco Ltd. now owns 3,992,323 shares of the business services provider’s stock valued at $149,033,000 after purchasing an additional 620,179 shares in the last quarter. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently commented on ROL. Royal Bank of Canada restated an “outperform” rating and set a $52.00 target price on shares of Rollins in a research report on Thursday, February 15th. The Goldman Sachs Group began coverage on Rollins in a research report on Tuesday, January 2nd. They set a “buy” rating and a $49.00 target price for the company. UBS Group reduced their target price on Rollins from $50.00 to $49.00 and set a “buy” rating for the company in a research report on Friday, February 16th. StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Finally, Morgan Stanley began coverage on Rollins in a research note on Thursday, December 21st. They set an “equal weight” rating and a $42.00 price target for the company. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $46.83.

Rollins Trading Down 0.6 %

Shares of ROL stock opened at $44.35 on Monday. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.42. The business has a 50-day moving average price of $44.57 and a two-hundred day moving average price of $41.73. Rollins, Inc. has a 12-month low of $32.19 and a 12-month high of $47.45. The firm has a market cap of $21.49 billion, a P/E ratio of 50.40, a price-to-earnings-growth ratio of 3.50 and a beta of 0.63.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, February 14th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.21. Rollins had a return on equity of 35.97% and a net margin of 14.15%. The firm had revenue of $754.10 million during the quarter, compared to analyst estimates of $753.40 million. During the same quarter in the previous year, the company posted $0.17 earnings per share. The company’s revenue was up 14.0% compared to the same quarter last year. Equities analysts anticipate that Rollins, Inc. will post 0.99 EPS for the current fiscal year.

Rollins Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Wednesday, February 21st were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date of this dividend was Tuesday, February 20th. Rollins’s dividend payout ratio (DPR) is presently 68.18%.

Insider Activity

In other news, CFO Kenneth D. Krause sold 5,000 shares of the business’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total value of $230,900.00. Following the completion of the sale, the chief financial officer now owns 99,078 shares of the company’s stock, valued at approximately $4,575,422.04. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, insider Elizabeth B. Chandler sold 10,000 shares of the business’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total value of $410,500.00. Following the completion of the sale, the insider now owns 99,709 shares of the company’s stock, valued at approximately $4,093,054.45. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Kenneth D. Krause sold 5,000 shares of the business’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $46.18, for a total value of $230,900.00. Following the completion of the sale, the chief financial officer now directly owns 99,078 shares of the company’s stock, valued at approximately $4,575,422.04. The disclosure for this sale can be found here. In the last quarter, insiders sold 22,824 shares of company stock valued at $994,558. Insiders own 4.69% of the company’s stock.

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.