GAMMA Investing LLC Has $185,000 Holdings in Rollins, Inc. (NYSE:ROL)

GAMMA Investing LLC lifted its position in shares of Rollins, Inc. (NYSE:ROL) by 16.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,993 shares of the business services provider’s stock after buying an additional 557 shares during the quarter. GAMMA Investing LLC’s holdings in Rollins were worth $185,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of ROL. Norges Bank acquired a new stake in Rollins in the fourth quarter worth $256,862,000. Vanguard Group Inc. grew its holdings in Rollins by 18.7% in the third quarter. Vanguard Group Inc. now owns 32,020,007 shares of the business services provider’s stock worth $1,195,307,000 after purchasing an additional 5,041,371 shares during the period. Kayne Anderson Rudnick Investment Management LLC grew its holdings in Rollins by 40.6% in the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 9,293,419 shares of the business services provider’s stock worth $346,923,000 after purchasing an additional 2,682,017 shares during the period. APG Asset Management US Inc. acquired a new stake in Rollins in the fourth quarter worth $77,075,000. Finally, TD Asset Management Inc grew its holdings in Rollins by 217.3% in the fourth quarter. TD Asset Management Inc now owns 2,468,600 shares of the business services provider’s stock worth $107,804,000 after purchasing an additional 1,690,668 shares during the period. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have commented on ROL. Morgan Stanley raised their price target on shares of Rollins from $42.00 to $43.00 and gave the stock an “equal weight” rating in a report on Friday, April 26th. UBS Group reaffirmed a “neutral” rating and issued a $49.00 price objective on shares of Rollins in a research note on Monday, April 15th. Finally, StockNews.com raised shares of Rollins from a “hold” rating to a “buy” rating in a research note on Wednesday, June 12th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $47.00.

Rollins Stock Down 0.8 %

ROL opened at $49.35 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.72 and a quick ratio of 0.66. The company’s 50-day moving average is $46.01 and its 200 day moving average is $44.58. Rollins, Inc. has a fifty-two week low of $32.19 and a fifty-two week high of $50.09. The firm has a market capitalization of $23.90 billion, a P/E ratio of 55.45, a PEG ratio of 3.80 and a beta of 0.66.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.20. Rollins had a net margin of 13.94% and a return on equity of 37.73%. The company had revenue of $748.35 million for the quarter, compared to analyst estimates of $739.12 million. During the same period last year, the firm earned $0.18 earnings per share. The firm’s revenue was up 13.7% on a year-over-year basis. Research analysts expect that Rollins, Inc. will post 1 earnings per share for the current fiscal year.

Rollins Announces Dividend

The business also recently disclosed 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 1.22%. The ex-dividend date of this dividend was Thursday, May 9th. Rollins’s dividend payout ratio is 67.42%.

Insiders Place Their Bets

In other Rollins news, CFO Kenneth D. Krause sold 3,331 shares of Rollins stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $47.50, for a total value 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 SEC, which is accessible through this hyperlink. In other Rollins news, CFO Kenneth D. Krause sold 3,331 shares of Rollins stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $47.50, for a total value 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 SEC, 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 transaction of $225,000.00. Following the completion of the sale, the chief financial officer now directly owns 94,078 shares in the company, valued at approximately $4,233,510. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 20,331 shares of company stock valued at $949,623. Company insiders own 4.69% of the company’s stock.

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.