Daiwa Securities Group Inc. Purchases 5,026 Shares of Rollins, Inc. (NYSE:ROL)

Daiwa Securities Group Inc. boosted its position in shares of Rollins, Inc. (NYSE:ROL) by 23.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 26,389 shares of the business services provider’s stock after acquiring an additional 5,026 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Rollins were worth $1,152,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. raised its stake in Rollins by 3.8% during the 3rd quarter. Avantax Advisory Services Inc. now owns 7,150 shares of the business services provider’s stock worth $267,000 after acquiring an additional 263 shares during the period. Apeiron RIA LLC raised its position in shares of Rollins by 3.7% during the third quarter. Apeiron RIA LLC now owns 9,210 shares of the business services provider’s stock valued at $344,000 after buying an additional 332 shares during the last quarter. Ballentine Partners LLC raised its position in shares of Rollins by 5.9% during the fourth quarter. Ballentine Partners LLC now owns 7,126 shares of the business services provider’s stock valued at $311,000 after buying an additional 396 shares during the last quarter. Parkside Financial Bank & Trust raised its position in shares of Rollins by 10.3% during the third quarter. Parkside Financial Bank & Trust now owns 5,434 shares of the business services provider’s stock valued at $203,000 after buying an additional 507 shares during the last quarter. Finally, Wealth Alliance raised its position in shares of Rollins by 7.3% during the fourth quarter. Wealth Alliance now owns 7,642 shares of the business services provider’s stock valued at $334,000 after buying an additional 522 shares during the last quarter. Institutional investors own 51.79% of the company’s stock.

Analyst Upgrades and Downgrades

ROL has been the topic of several recent analyst reports. Royal Bank of Canada reiterated an “outperform” rating and set a $52.00 price objective on shares of Rollins in a research report on Thursday, February 15th. StockNews.com cut shares of Rollins from a “buy” rating to a “hold” rating in a research report on Thursday. UBS Group reiterated a “neutral” rating and set a $49.00 price objective on shares of Rollins in a research report on Monday, April 15th. Finally, The Goldman Sachs Group began coverage on shares of Rollins in a research report on Tuesday, January 2nd. They set a “buy” rating and a $49.00 price objective on the stock. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Rollins currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.83.

Insiders Place Their Bets

In other Rollins news, insider Traci Hornfeck sold 2,677 shares of Rollins stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $43.48, for a total transaction of $116,395.96. Following the completion of the transaction, the insider now directly owns 14,376 shares of the company’s stock, valued at $625,068.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Rollins news, insider Traci Hornfeck sold 2,677 shares of Rollins stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $43.48, for a total transaction of $116,395.96. Following the completion of the transaction, the insider now directly owns 14,376 shares of the company’s stock, valued at $625,068.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Elizabeth B. Chandler sold 10,000 shares of the business’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total transaction of $410,500.00. Following the sale, the insider now directly owns 99,709 shares of the company’s stock, valued at $4,093,054.45. The disclosure for this sale can be found here. Insiders sold 22,824 shares of company stock valued at $994,558 over the last three months. 4.69% of the stock is owned by company insiders.

Rollins Trading Up 0.5 %

Shares of ROL opened at $42.87 on Thursday. The company’s fifty day moving average is $44.41 and its 200 day moving average is $42.04. Rollins, Inc. has a fifty-two week low of $32.19 and a fifty-two week high of $47.45. The stock has a market capitalization of $20.77 billion, a PE ratio of 48.72, a P/E/G ratio of 3.37 and a beta of 0.63. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.65 and a current ratio of 0.71.

Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, April 24th. The business services provider reported $0.20 EPS for the quarter, hitting the consensus estimate of $0.20. The company had revenue of $748.35 million during the quarter, compared to analyst estimates of $739.12 million. Rollins had a net margin of 14.15% and a return on equity of 35.97%. Rollins’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.18 earnings per share. Sell-side analysts expect that Rollins, Inc. will post 0.99 earnings per share for the current fiscal year.

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Friday, May 10th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.40%. Rollins’s payout ratio is 68.18%.

Rollins Company 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.