Louisiana State Employees Retirement System Takes Position in Rollins, Inc. (NYSE:ROL)

Louisiana State Employees Retirement System bought a new stake in Rollins, Inc. (NYSE:ROL) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 17,000 shares of the business services provider’s stock, valued at approximately $742,000.

Several other institutional investors also recently added to or reduced their stakes in ROL. CWM LLC increased its stake in Rollins by 63.7% in the 3rd quarter. CWM LLC now owns 5,429 shares of the business services provider’s stock worth $203,000 after buying an additional 2,112 shares during the period. DAVENPORT & Co LLC increased its stake in Rollins by 16.9% in the 3rd quarter. DAVENPORT & Co LLC now owns 12,064 shares of the business services provider’s stock worth $450,000 after buying an additional 1,740 shares during the period. Czech National Bank increased its stake in Rollins by 79.0% in the 3rd quarter. Czech National Bank now owns 49,073 shares of the business services provider’s stock worth $1,832,000 after buying an additional 21,656 shares during the period. Asset Management One Co. Ltd. increased its stake in Rollins by 18.9% in the 3rd quarter. Asset Management One Co. Ltd. now owns 145,639 shares of the business services provider’s stock worth $5,437,000 after buying an additional 23,151 shares during the period. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in Rollins by 19.0% in the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 148,896 shares of the business services provider’s stock worth $5,558,000 after buying an additional 23,800 shares during the period. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on ROL. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research note on Thursday, February 15th. StockNews.com cut shares of Rollins from a “buy” rating to a “hold” rating in a report on Thursday. Morgan Stanley increased their target price on shares of Rollins from $42.00 to $43.00 and gave the stock an “equal weight” rating in a report on Friday. UBS Group reiterated a “neutral” rating and set a $49.00 target price on shares of Rollins in a report on Monday, April 15th. Finally, The Goldman Sachs Group started coverage on shares of Rollins in a report on Tuesday, January 2nd. They set a “buy” rating and a $49.00 target price on the stock. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Rollins has an average rating of “Moderate Buy” and an average target price of $47.00.

Rollins Stock Up 1.4 %

NYSE:ROL opened at $44.90 on Friday. 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 $21.76 billion, a P/E ratio of 50.45, a P/E/G ratio of 3.48 and a beta of 0.63. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.65 and a current ratio of 0.72. The company’s 50-day simple moving average is $44.54 and its 200-day simple moving average is $42.15.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.20. Rollins had a net margin of 13.94% and a return on equity of 37.73%. The business had revenue of $748.35 million for the quarter, compared to analysts’ expectations of $739.12 million. During the same period last year, the business earned $0.18 EPS. The company’s revenue was up 13.7% compared to the same quarter last year. On average, equities analysts anticipate that Rollins, Inc. will post 1 earnings per share for the current fiscal year.

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Friday, May 10th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date of this dividend is Thursday, May 9th. Rollins’s dividend payout ratio is currently 67.42%.

Insider Activity

In related news, insider Traci Hornfeck sold 2,677 shares of Rollins stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $43.48, for a total value of $116,395.96. Following the completion of the sale, the insider now directly owns 14,376 shares in the company, valued at approximately $625,068.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Elizabeth B. Chandler sold 10,000 shares of Rollins stock in a transaction that occurred on Wednesday, February 21st. The shares were 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 directly owns 99,709 shares in the company, valued at approximately $4,093,054.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Traci Hornfeck sold 2,677 shares of Rollins stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $43.48, for a total transaction of $116,395.96. Following the completion of the sale, the insider now owns 14,376 shares of the company’s stock, valued at $625,068.48. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 22,824 shares of company stock worth $994,558. Corporate insiders own 4.69% of the company’s stock.

Rollins 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.