UBS Group Reiterates “Neutral” Rating for Rollins (NYSE:ROL)

UBS Group reaffirmed their neutral rating on shares of Rollins (NYSE:ROL) in a research report report published on Monday, MarketBeat reports. They currently have a $49.00 price objective on the business services provider’s stock.

A number of other brokerages have also recently commented on ROL. The Goldman Sachs Group began coverage on Rollins in a report on Tuesday, January 2nd. They issued a buy rating and a $49.00 target price on the stock. StockNews.com downgraded shares of Rollins from a buy rating to a hold rating in a report on Wednesday, January 10th. Morgan Stanley began coverage on shares of Rollins in a report on Thursday, December 21st. They set an equal weight rating and a $42.00 price objective for the company. Finally, 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. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of Moderate Buy and a consensus target price of $46.83.

Rollins Stock Performance

ROL stock opened at $43.28 on Monday. The company has a market cap of $20.97 billion, a P/E ratio of 49.18, a price-to-earnings-growth ratio of 3.50 and a beta of 0.63. Rollins has a 1 year low of $32.19 and a 1 year high of $47.45. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.71 and a quick ratio of 0.65. The stock’s fifty day moving average price is $44.57 and its 200-day moving average price is $41.76.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, February 14th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.21. The firm had revenue of $754.10 million for the quarter, compared to the consensus estimate of $753.40 million. Rollins had a return on equity of 35.97% and a net margin of 14.15%. The company’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same period last year, the business posted $0.17 EPS. On average, equities analysts forecast that Rollins will post 0.99 earnings per share for the current year.

Rollins Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Wednesday, February 21st were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 20th. This represents a $0.60 annualized dividend and a yield of 1.39%. Rollins’s payout ratio is currently 68.18%.

Insider Buying and Selling at Rollins

In other news, insider Elizabeth B. Chandler sold 10,000 shares of the firm’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total transaction of $410,500.00. Following the transaction, the insider now owns 99,709 shares in the company, valued at $4,093,054.45. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, insider Thomas D. Tesh sold 5,147 shares of the firm’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $46.00, for a total transaction of $236,762.00. Following the transaction, the insider now owns 35,387 shares in the company, valued at $1,627,802. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Elizabeth B. Chandler sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total value of $410,500.00. Following the sale, the insider now directly owns 99,709 shares in the company, valued at approximately $4,093,054.45. The disclosure for this sale can be found here. Insiders sold a total of 22,824 shares of company stock valued at $994,558 in the last ninety days. Corporate insiders own 4.69% of the company’s stock.

Institutional Investors Weigh In On Rollins

A number of institutional investors have recently added to or reduced their stakes in the stock. Annex Advisory Services LLC boosted its position in Rollins by 22.4% during the first quarter. Annex Advisory Services LLC now owns 179,282 shares of the business services provider’s stock valued at $8,295,000 after purchasing an additional 32,767 shares in the last quarter. Gateway Investment Advisers LLC purchased a new stake in Rollins in the first quarter valued at about $251,000. Security Financial Services INC. purchased a new stake in Rollins in the first quarter valued at about $236,000. MJP Associates Inc. ADV raised its stake in Rollins by 26.9% in the first quarter. MJP Associates Inc. ADV now owns 6,837 shares of the business services provider’s stock valued at $316,000 after buying an additional 1,451 shares during the last quarter. Finally, Red Spruce Capital LLC raised its stake in Rollins by 8.0% in the first quarter. Red Spruce Capital LLC now owns 17,933 shares of the business services provider’s stock valued at $830,000 after buying an additional 1,326 shares during the last quarter. Institutional investors own 51.79% 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.