Rollins, Inc. (NYSE:ROL) Position Boosted by International Assets Investment Management LLC

International Assets Investment Management LLC grew its holdings in Rollins, Inc. (NYSE:ROL) by 3,780.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 73,759 shares of the business services provider’s stock after purchasing an additional 71,858 shares during the period. International Assets Investment Management LLC’s holdings in Rollins were worth $3,221,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Treasurer of the State of North Carolina increased its stake in shares of Rollins by 14.9% in the third quarter. Treasurer of the State of North Carolina now owns 118,662 shares of the business services provider’s stock worth $4,430,000 after acquiring an additional 15,393 shares during the last quarter. Caprock Group LLC bought a new stake in shares of Rollins in the 4th quarter valued at approximately $1,617,000. Asset Management One Co. Ltd. increased its position in Rollins by 17.7% during the fourth quarter. Asset Management One Co. Ltd. now owns 171,348 shares of the business services provider’s stock worth $7,498,000 after acquiring an additional 25,709 shares during the period. Briaud Financial Planning Inc acquired a new position in Rollins during the 3rd quarter valued at $98,000. Finally, Nordea Investment Management AB boosted its holdings in Rollins by 150.0% in the 4th quarter. Nordea Investment Management AB now owns 728,142 shares of the business services provider’s stock valued at $31,914,000 after purchasing an additional 436,858 shares during the period. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Rollins Stock Down 0.7 %

NYSE ROL opened at $43.01 on Thursday. Rollins, Inc. has a 1-year low of $32.19 and a 1-year high of $47.45. The company has a market capitalization of $20.84 billion, a price-to-earnings ratio of 48.88, a PEG ratio of 3.42 and a beta of 0.63. The stock’s 50 day moving average is $44.53 and its two-hundred day moving average is $41.82. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.42.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, February 14th. The business services provider reported $0.21 EPS for the quarter, hitting the consensus estimate of $0.21. The business had revenue of $754.10 million during the quarter, compared to the consensus estimate of $753.40 million. Rollins had a return on equity of 35.97% and a net margin of 14.15%. Rollins’s revenue was up 14.0% on a year-over-year basis. During the same quarter last year, the company earned $0.17 EPS. Equities analysts forecast that Rollins, Inc. will post 0.99 earnings per share for the current fiscal year.

Rollins Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Wednesday, February 21st were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 20th. This represents a $0.60 dividend on an annualized basis and a yield of 1.40%. Rollins’s dividend payout ratio is 68.18%.

Insider Activity at Rollins

In other news, insider Traci Hornfeck sold 2,677 shares of the firm’s stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $43.48, for a total value of $116,395.96. Following the completion of the sale, the insider now directly owns 14,376 shares in the company, valued at $625,068.48. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other news, insider Thomas D. Tesh sold 5,147 shares of the company’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $46.00, for a total transaction of $236,762.00. Following the transaction, the insider now owns 35,387 shares of the company’s stock, valued at $1,627,802. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Traci Hornfeck sold 2,677 shares of the firm’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $43.48, for a total value of $116,395.96. Following the completion of the transaction, the insider now owns 14,376 shares in the company, valued at approximately $625,068.48. The disclosure for this sale can be found here. Insiders sold 22,824 shares of company stock valued at $994,558 in the last three months. Corporate insiders own 4.69% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ROL. Royal Bank of Canada restated an “outperform” rating and set a $52.00 price objective on shares of Rollins in a report on Thursday, February 15th. UBS Group restated a “neutral” rating and set a $49.00 price target on shares of Rollins in a research note on Monday. StockNews.com upgraded Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday. The Goldman Sachs Group assumed coverage on Rollins in a report on Tuesday, January 2nd. They set a “buy” rating and a $49.00 price objective on the stock. Finally, Morgan Stanley assumed coverage on Rollins in a research note on Thursday, December 21st. They issued an “equal weight” rating and a $42.00 target price for the company. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $46.83.

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.