Wellington Management Group LLP Increases Stake in Rollins, Inc. (NYSE:ROL)

Wellington Management Group LLP grew its stake in shares of Rollins, Inc. (NYSE:ROLFree Report) by 31.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 34,783 shares of the business services provider’s stock after purchasing an additional 8,384 shares during the quarter. Wellington Management Group LLP’s holdings in Rollins were worth $1,519,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Lindbrook Capital LLC grew its holdings in Rollins by 72.4% in the 4th quarter. Lindbrook Capital LLC now owns 619 shares of the business services provider’s stock worth $27,000 after acquiring an additional 260 shares during the last quarter. Spire Wealth Management lifted its holdings in Rollins by 139.7% in the 4th quarter. Spire Wealth Management now owns 755 shares of the business services provider’s stock worth $33,000 after buying an additional 440 shares during the period. Principal Securities Inc. purchased a new position in shares of Rollins during the fourth quarter valued at approximately $36,000. Blue Trust Inc. raised its holdings in shares of Rollins by 65.9% during the fourth quarter. Blue Trust Inc. now owns 1,453 shares of the business services provider’s stock valued at $63,000 after acquiring an additional 577 shares in the last quarter. Finally, Quadrant Capital Group LLC lifted its stake in Rollins by 22.3% in the fourth quarter. Quadrant Capital Group LLC now owns 2,004 shares of the business services provider’s stock worth $88,000 after acquiring an additional 365 shares during the period. Institutional investors own 51.79% of the company’s stock.

Insider Buying and Selling at Rollins

In other news, CFO Kenneth D. Krause sold 5,000 shares of the business’s stock in a transaction on Friday, April 26th. The stock was sold at an average price of $45.00, for a total value of $225,000.00. Following the completion of the transaction, the chief financial officer now owns 94,078 shares in the company, valued at $4,233,510. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CFO Kenneth D. Krause sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $45.00, for a total transaction of $225,000.00. Following the completion of the transaction, the chief financial officer now directly owns 94,078 shares of the company’s stock, valued at $4,233,510. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jerry Jr. Gahlhoff sold 12,000 shares of the firm’s stock in a transaction that occurred on Friday, June 7th. The stock was sold at an average price of $47.20, for a total transaction of $566,400.00. Following the completion of the sale, the chief executive officer now owns 288,671 shares in the company, valued at approximately $13,625,271.20. The disclosure for this sale can be found here. In the last three months, insiders have sold 20,331 shares of company stock worth $949,623. Insiders own 4.69% of the company’s stock.

Rollins Price Performance

Shares of NYSE:ROL opened at $48.32 on Tuesday. The business has a fifty day moving average price of $46.89 and a 200-day moving average price of $44.99. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.72 and a quick ratio of 0.66. The company has a market capitalization of $23.40 billion, a PE ratio of 54.29, a PEG ratio of 3.72 and a beta of 0.70. Rollins, Inc. has a 1-year low of $32.19 and a 1-year high of $50.09.

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

Rollins Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 10th. Investors of record on Friday, May 10th were given a $0.15 dividend. The ex-dividend date of this dividend was Thursday, May 9th. This represents a $0.60 annualized dividend and a yield of 1.24%. Rollins’s dividend payout ratio (DPR) is presently 67.42%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on ROL shares. StockNews.com raised shares of Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, June 12th. 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, Morgan Stanley raised their target price on Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a research note on Friday, April 26th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.00.

Check Out Our Latest Report on ROL

About Rollins

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Rollins (NYSE:ROL)

Receive News & Ratings for Rollins Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rollins and related companies with MarketBeat.com's FREE daily email newsletter.