USA Financial Formulas Reduces Stake in Rollins, Inc. $ROL

USA Financial Formulas lessened its stake in shares of Rollins, Inc. (NYSE:ROL) by 75.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,179 shares of the business services provider’s stock after selling 9,653 shares during the period. USA Financial Formulas’ holdings in Rollins were worth $191,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Board of the Pension Protection Fund acquired a new position in Rollins in the 4th quarter valued at about $30,000. Root Financial Partners LLC acquired a new position in Rollins in the third quarter valued at approximately $31,000. CYBER HORNET ETFs LLC acquired a new position in Rollins in the second quarter valued at approximately $42,000. TruNorth Capital Management LLC purchased a new position in Rollins in the third quarter worth approximately $45,000. Finally, First Horizon Corp purchased a new stake in Rollins in the third quarter valued at $47,000. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Insider Buying and Selling

In related news, insider Thomas D. Tesh sold 887 shares of Rollins stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $63.26, for a total value of $56,111.62. Following the completion of the transaction, the insider owned 28,344 shares in the company, valued at $1,793,041.44. The trade was a 3.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman John F. Wilson sold 5,344 shares of the business’s stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $62.83, for a total transaction of $335,763.52. Following the transaction, the chairman owned 594,705 shares of the company’s stock, valued at $37,365,315.15. This trade represents a 0.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 69,435 shares of company stock worth $4,321,384 over the last ninety days. Company insiders own 5.77% of the company’s stock.

Rollins Trading Up 0.0%

NYSE ROL opened at $52.47 on Monday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.55 and a current ratio of 0.60. The firm has a market cap of $25.29 billion, a price-to-earnings ratio of 48.14, a PEG ratio of 3.24 and a beta of 0.80. The firm has a 50 day simple moving average of $59.54 and a 200-day simple moving average of $59.01. Rollins, Inc. has a one year low of $49.73 and a one year high of $66.14.

Rollins (NYSE:ROL) last released its earnings results on Wednesday, February 11th. The business services provider reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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%.Rollins’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.22 earnings per share. Equities research analysts anticipate that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 25th were issued a dividend of $0.1825 per share. The ex-dividend date was Wednesday, February 25th. This represents a $0.73 annualized dividend and a yield of 1.4%. Rollins’s dividend payout ratio is 66.97%.

Analyst Ratings Changes

A number of brokerages recently issued reports on ROL. Sanford C. Bernstein reissued an “outperform” rating on shares of Rollins in a research report on Tuesday, December 2nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Rollins in a research report on Monday, December 29th. Bank of America assumed coverage on shares of Rollins in a report on Tuesday, February 17th. They issued a “buy” rating and a $67.00 price objective on the stock. Morgan Stanley set a $70.00 target price on shares of Rollins in a report on Friday, February 13th. Finally, Wells Fargo & Company set a $56.00 price target on Rollins and gave the stock an “equal weight” rating in a research note on Thursday, February 12th. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Rollins has an average rating of “Moderate Buy” and a consensus price target of $66.08.

Rollins Company Profile

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.