MBB Public Markets I LLC Has $1.14 Million Stock Holdings in Rollins, Inc. (NYSE:ROL)

MBB Public Markets I LLC boosted its position in Rollins, Inc. (NYSE:ROL) by 378.8% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 23,328 shares of the business services provider’s stock after purchasing an additional 18,456 shares during the period. MBB Public Markets I LLC’s holdings in Rollins were worth $1,138,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Quest Partners LLC acquired a new stake in shares of Rollins in the second quarter valued at approximately $33,000. Ridgewood Investments LLC bought a new stake in Rollins in the 2nd quarter valued at $34,000. Quent Capital LLC lifted its holdings in Rollins by 43.9% during the 2nd quarter. Quent Capital LLC now owns 774 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 236 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its position in Rollins by 10,233.3% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 930 shares of the business services provider’s stock worth $45,000 after purchasing an additional 921 shares during the period. Finally, Blue Trust Inc. increased its holdings in shares of Rollins by 114.2% in the second quarter. Blue Trust Inc. now owns 1,604 shares of the business services provider’s stock valued at $74,000 after purchasing an additional 855 shares during the last quarter. Institutional investors own 51.79% of the company’s stock.

Insiders Place Their Bets

In other news, insider Elizabeth B. Chandler sold 4,685 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $50.74, for a total transaction of $237,716.90. Following the completion of the sale, the insider now owns 89,338 shares of the company’s stock, valued at approximately $4,533,010.12. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, insider Elizabeth B. Chandler sold 4,685 shares of Rollins stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $50.74, for a total value of $237,716.90. Following the transaction, the insider now owns 89,338 shares in the company, valued at approximately $4,533,010.12. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Elizabeth B. Chandler sold 4,686 shares of the company’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $47.82, for a total value of $224,084.52. Following the sale, the insider now owns 95,023 shares of the company’s stock, valued at $4,543,999.86. The disclosure for this sale can be found here. Corporate insiders own 4.69% of the company’s stock.

Rollins Stock Up 1.2 %

Shares of ROL opened at $50.56 on Tuesday. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $24.48 billion, a PE ratio of 56.81 and a beta of 0.70. The firm’s 50 day moving average is $49.37 and its 200-day moving average is $47.68. Rollins, Inc. has a 12 month low of $32.19 and a 12 month high of $51.96.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, July 24th. The business services provider reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. The firm had revenue of $891.90 million during the quarter, compared to analysts’ expectations of $895.02 million. Rollins had a return on equity of 40.10% and a net margin of 14.23%. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.23 EPS. Equities research analysts forecast that Rollins, Inc. will post 1 EPS for the current year.

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Monday, August 12th were given a dividend of $0.15 per share. The ex-dividend date was Monday, August 12th. This represents a $0.60 annualized dividend and a yield of 1.19%. Rollins’s dividend payout ratio is 67.42%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on ROL. StockNews.com cut shares of Rollins from a “buy” rating to a “hold” rating in a research note on Tuesday, September 24th. Wells Fargo & Company started coverage on shares of Rollins in a research report on Monday, August 12th. They set an “overweight” rating and a $54.00 price objective for the company. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research report on Thursday, July 25th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $47.83.

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.