Kestra Private Wealth Services LLC Has $285,000 Stake in Rollins, Inc. (NYSE:ROL)

Kestra Private Wealth Services LLC reduced its position in shares of Rollins, Inc. (NYSE:ROL) by 4.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 6,518 shares of the business services provider’s stock after selling 338 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Rollins were worth $285,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in ROL. Bank of New York Mellon Corp boosted its position in shares of Rollins by 8.1% in the third quarter. Bank of New York Mellon Corp now owns 2,128,158 shares of the business services provider’s stock valued at $79,444,000 after acquiring an additional 158,964 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Rollins by 7.0% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 46,553 shares of the business services provider’s stock worth $1,738,000 after purchasing an additional 3,043 shares during the period. IFM Investors Pty Ltd raised its position in shares of Rollins by 10.3% in the third quarter. IFM Investors Pty Ltd now owns 52,983 shares of the business services provider’s stock valued at $1,978,000 after buying an additional 4,942 shares in the last quarter. Advisor Partners II LLC boosted its stake in shares of Rollins by 2.7% in the third quarter. Advisor Partners II LLC now owns 29,792 shares of the business services provider’s stock valued at $1,112,000 after buying an additional 776 shares during the period. Finally, ING Groep NV grew its position in Rollins by 447.8% during the third quarter. ING Groep NV now owns 181,249 shares of the business services provider’s stock worth $6,766,000 after buying an additional 148,164 shares in the last quarter. 51.79% of the stock is currently owned by institutional investors.

Rollins Trading Down 1.2 %

Shares of Rollins stock opened at $46.62 on Thursday. The firm’s 50 day moving average is $45.12 and its 200 day moving average is $42.73. The firm has a market capitalization of $22.57 billion, a PE ratio of 52.38, a price-to-earnings-growth ratio of 3.53 and a beta of 0.65. Rollins, Inc. has a 1 year low of $32.19 and a 1 year high of $47.69. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.44.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.20. Rollins had a net margin of 13.94% and a return on equity of 37.73%. The firm had revenue of $748.35 million for the quarter, compared to analysts’ expectations of $739.12 million. During the same quarter in the previous year, the firm posted $0.18 earnings per share. The company’s revenue was up 13.7% on a year-over-year basis. Equities research analysts forecast that Rollins, Inc. will post 1 earnings per share for the current fiscal year.

Rollins Dividend Announcement

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 paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date is Thursday, May 9th. Rollins’s payout ratio is 67.42%.

Insider Transactions at Rollins

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 transaction of $116,395.96. Following 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 filing with the SEC, which can be accessed through this link. In other news, CFO Kenneth D. Krause sold 5,000 shares of the 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 $4,575,422.04. The sale was disclosed in a legal filing with the SEC, which is available at this link. 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 value of $116,395.96. Following the completion of the transaction, the insider now directly owns 14,376 shares in the company, valued at $625,068.48. The disclosure for this sale can be found here. Over the last three months, insiders have sold 27,824 shares of company stock worth $1,219,558. Insiders own 4.69% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on ROL shares. StockNews.com downgraded Rollins from a “buy” rating to a “hold” rating in a research report on Thursday, April 25th. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 target price on shares of Rollins in a report on Thursday, February 15th. Morgan Stanley boosted their target price on shares of Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a research report on Friday, April 26th. Finally, UBS Group reissued a “neutral” rating and issued a $49.00 price objective on shares of Rollins in a research note on Monday, April 15th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $47.00.

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.