Rollins, Inc. (NYSE:ROL) Shares Sold by Sumitomo Mitsui Trust Holdings Inc.

Sumitomo Mitsui Trust Holdings Inc. lessened its stake in shares of Rollins, Inc. (NYSE:ROLFree Report) by 0.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 713,749 shares of the business services provider’s stock after selling 3,443 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc. owned about 0.15% of Rollins worth $33,025,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in ROL. Czech National Bank increased its position in shares of Rollins by 0.5% during the 1st quarter. Czech National Bank now owns 49,396 shares of the business services provider’s stock valued at $2,286,000 after purchasing an additional 226 shares during the period. Lindbrook Capital LLC grew its holdings in Rollins by 72.4% during the fourth 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 period. Beacon Pointe Advisors LLC raised its position in Rollins by 4.7% in the fourth quarter. Beacon Pointe Advisors LLC now owns 7,806 shares of the business services provider’s stock worth $341,000 after acquiring an additional 348 shares in the last quarter. Accretive Wealth Partners LLC lifted its holdings in Rollins by 2.2% in the 4th quarter. Accretive Wealth Partners LLC now owns 16,759 shares of the business services provider’s stock valued at $732,000 after acquiring an additional 355 shares during the last quarter. Finally, Quadrant Capital Group LLC boosted its position in shares of Rollins by 22.3% during the 4th quarter. Quadrant Capital Group LLC now owns 2,004 shares of the business services provider’s stock valued at $88,000 after purchasing an additional 365 shares in the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Price Performance

ROL opened at $50.40 on Monday. Rollins, Inc. has a 12-month low of $32.19 and a 12-month high of $50.45. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $24.41 billion, a P/E ratio of 56.63, a PEG ratio of 3.85 and a beta of 0.70. The stock has a fifty day moving average of $47.39 and a 200-day moving average of $45.21.

Rollins (NYSE:ROLGet Free Report) last announced its quarterly earnings data on Wednesday, April 24th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.20. The firm had revenue of $748.35 million during the quarter, compared to the consensus estimate of $739.12 million. Rollins had a return on equity of 37.73% and a net margin of 13.94%. The business’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.18 EPS. Equities analysts forecast that Rollins, Inc. will post 1 EPS for the current fiscal year.

Rollins Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Friday, May 10th were given a $0.15 dividend. The ex-dividend date was Thursday, May 9th. This represents a $0.60 dividend on an annualized basis and a yield of 1.19%. Rollins’s payout ratio is 67.42%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on ROL shares. UBS Group reiterated a “neutral” rating and issued a $49.00 target price on shares of Rollins in a report on Monday, April 15th. StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a report on Tuesday, July 2nd. Finally, Morgan Stanley lifted their target price on Rollins from $42.00 to $43.00 and gave the stock an “equal weight” rating in a report on Friday, April 26th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $46.60.

Read Our Latest Stock Analysis on ROL

Insider Buying and Selling at Rollins

In related news, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction on Friday, April 26th. The stock was sold at an average price of $45.00, for a total transaction of $225,000.00. Following the completion of the sale, the chief financial officer now directly owns 94,078 shares in the company, valued at $4,233,510. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, CFO Kenneth D. Krause sold 5,000 shares of the business’s stock in a transaction that occurred 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 sale, the chief financial officer now owns 94,078 shares of the company’s stock, valued at approximately $4,233,510. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Kenneth D. Krause sold 3,331 shares of the firm’s stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of $47.50, for a total transaction of $158,222.50. Following the transaction, the chief financial officer now directly owns 90,747 shares in the company, valued at approximately $4,310,482.50. The disclosure for this sale can be found here. Insiders sold 20,331 shares of company stock valued at $949,623 in the last quarter. Company insiders own 4.69% of the company’s stock.

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)

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