BNP Paribas Financial Markets Purchases 132,457 Shares of Rollins, Inc. (NYSE:ROL)

BNP Paribas Financial Markets raised its position in Rollins, Inc. (NYSE:ROLFree Report) by 49.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 400,524 shares of the business services provider’s stock after buying an additional 132,457 shares during the quarter. BNP Paribas Financial Markets owned 0.08% of Rollins worth $18,532,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in ROL. Lindbrook Capital LLC increased its position 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. Spire Wealth Management raised its position in shares of Rollins by 139.7% in the fourth quarter. Spire Wealth Management now owns 755 shares of the business services provider’s stock valued at $33,000 after buying an additional 440 shares in the last quarter. Principal Securities Inc. acquired a new stake in Rollins during the fourth quarter worth approximately $36,000. Blue Trust Inc. increased its stake in Rollins by 65.9% during the 4th quarter. Blue Trust Inc. now owns 1,453 shares of the business services provider’s stock worth $63,000 after acquiring an additional 577 shares during the period. Finally, Quadrant Capital Group LLC increased its stake in Rollins by 22.3% during the 4th 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

In other news, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction dated 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 $4,233,510. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other Rollins news, CFO Kenneth D. Krause sold 3,331 shares of the company’s stock in a transaction 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 sale, the chief financial officer now owns 90,747 shares of the company’s stock, valued at $4,310,482.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Kenneth D. Krause sold 5,000 shares of Rollins stock in a transaction dated 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 directly owns 94,078 shares of the company’s stock, valued at $4,233,510. The disclosure for this sale can be found here. Insiders sold a total of 20,331 shares of company stock valued at $949,623 in the last three months. Insiders own 4.69% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. UBS Group reissued a “neutral” rating and set a $49.00 target price on shares of Rollins in a report on Monday, April 15th. StockNews.com downgraded shares of Rollins from a “buy” rating to a “hold” rating in a research note on Tuesday, July 2nd. Finally, 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. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $46.60.

View Our Latest Research Report on Rollins

Rollins Trading Down 1.0 %

Shares of ROL stock opened at $49.92 on Tuesday. Rollins, Inc. has a twelve month low of $32.19 and a twelve month high of $50.83. The stock’s fifty day simple moving average is $47.50 and its 200 day simple moving average is $45.26. 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 $24.17 billion, a P/E ratio of 56.09, a P/E/G ratio of 3.85 and a beta of 0.70.

Rollins (NYSE:ROLGet Free Report) last announced its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.20 EPS for the quarter, meeting analysts’ consensus estimates of $0.20. The firm had revenue of $748.35 million for the quarter, compared to analyst estimates 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 last year, the firm posted $0.18 earnings per share. As a group, sell-side analysts predict that Rollins, Inc. will post 1 EPS for the current fiscal year.

Rollins Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Friday, May 10th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend was Thursday, May 9th. Rollins’s dividend payout ratio (DPR) is currently 67.42%.

Rollins Profile

(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

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Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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