Dakota Wealth Management Has $9.80 Million Holdings in Rollins, Inc. $ROL

Dakota Wealth Management grew its position in Rollins, Inc. (NYSE:ROL) by 19.2% in the third quarter, according to its most recent filing with the SEC. The fund owned 166,882 shares of the business services provider’s stock after acquiring an additional 26,867 shares during the period. Dakota Wealth Management’s holdings in Rollins were worth $9,803,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Thrive Wealth Management LLC raised its position in Rollins by 2.7% in the third quarter. Thrive Wealth Management LLC now owns 6,473 shares of the business services provider’s stock valued at $380,000 after purchasing an additional 172 shares during the last quarter. Fifth Third Bancorp increased its stake in shares of Rollins by 1.2% in the third quarter. Fifth Third Bancorp now owns 18,874 shares of the business services provider’s stock valued at $1,109,000 after buying an additional 222 shares during the period. Wealth Alliance LLC raised its holdings in Rollins by 2.1% in the 2nd quarter. Wealth Alliance LLC now owns 10,687 shares of the business services provider’s stock valued at $603,000 after buying an additional 223 shares during the last quarter. World Investment Advisors grew its holdings in Rollins by 5.1% during the 3rd quarter. World Investment Advisors now owns 4,705 shares of the business services provider’s stock worth $276,000 after acquiring an additional 229 shares during the last quarter. Finally, Inspire Investing LLC increased its position in Rollins by 4.7% in the 3rd quarter. Inspire Investing LLC now owns 5,254 shares of the business services provider’s stock valued at $309,000 after acquiring an additional 234 shares during the period. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Stock Down 1.6%

Shares of NYSE:ROL opened at $60.37 on Tuesday. Rollins, Inc. has a 1 year low of $49.73 and a 1 year high of $66.14. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.60 and a quick ratio of 0.55. The business’s 50-day moving average is $61.51 and its 200-day moving average is $59.16. The company has a market capitalization of $29.04 billion, a price-to-earnings ratio of 55.39, a P/E/G ratio of 3.78 and a beta of 0.78.

Rollins (NYSE:ROL) last released its earnings results on Wednesday, February 11th. The business services provider reported $0.25 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.02). The business had revenue of $912.91 million for the quarter, compared to analyst estimates of $925.08 million. Rollins had a return on equity of 38.16% and a net margin of 14.00%.The company’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.22 EPS. Equities research analysts predict that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th will be paid a $0.1825 dividend. The ex-dividend date is Wednesday, February 25th. This represents a $0.73 annualized dividend and a dividend yield of 1.2%. Rollins’s payout ratio is currently 66.97%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Sanford C. Bernstein reiterated an “outperform” rating on shares of Rollins in a report on Tuesday, December 2nd. Morgan Stanley set a $70.00 target price on Rollins in a report on Friday, February 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of Rollins in a research report on Monday, December 29th. The Goldman Sachs Group restated a “buy” rating and set a $64.00 price objective on shares of Rollins in a research report on Thursday, October 30th. Finally, Wells Fargo & Company set a $56.00 target price on Rollins and gave the company an “equal weight” rating in a report on Thursday, February 12th. Eleven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $66.08.

Insider Buying and Selling

In other Rollins news, insider Elizabeth B. Chandler sold 1,329 shares of Rollins stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $62.83, for a total value of $83,501.07. Following the completion of the sale, the insider directly owned 58,832 shares of the company’s stock, valued at approximately $3,696,414.56. The trade was a 2.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Chairman Gary W. Rollins sold 10,355 shares of Rollins stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $62.83, for a total transaction of $650,604.65. Following the completion of the sale, the chairman directly owned 5,312,114 shares of the company’s stock, valued at approximately $333,760,122.62. This trade represents a 0.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 59,150 shares of company stock worth $3,711,814 over the last ninety days. 4.47% of the stock is owned by company insiders.

About Rollins

Rollins, Inc (NYSE: ROL) is a provider of pest and termite control services operating through a network of subsidiaries and franchises. Headquartered in Atlanta, Georgia, the company offers a broad range of pest management solutions for both residential and commercial customers, positioning itself as a specialist in protecting property and public health from pests and vectors.

Its service offerings include general pest control, termite inspection and treatment, bed bug remediation, mosquito and vector control, wildlife exclusion, and related specialty services.