Security Financial Services INC. Buys New Holdings in Rollins, Inc. (NYSE:ROL)

Security Financial Services INC. bought a new stake in Rollins, Inc. (NYSE:ROL) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,110 shares of the business services provider’s stock, valued at approximately $236,000.

Several other hedge funds have also recently added to or reduced their stakes in ROL. PNC Financial Services Group Inc. raised its holdings in Rollins by 4.3% during the third quarter. PNC Financial Services Group Inc. now owns 54,580 shares of the business services provider’s stock worth $2,037,000 after purchasing an additional 2,242 shares in the last quarter. Kestra Advisory Services LLC raised its holdings in Rollins by 13.0% during the third quarter. Kestra Advisory Services LLC now owns 17,474 shares of the business services provider’s stock worth $652,000 after purchasing an additional 2,005 shares in the last quarter. Rafferty Asset Management LLC raised its holdings in Rollins by 33.5% during the third quarter. Rafferty Asset Management LLC now owns 22,344 shares of the business services provider’s stock worth $834,000 after purchasing an additional 5,607 shares in the last quarter. Envestnet Portfolio Solutions Inc. acquired a new stake in Rollins during the third quarter worth approximately $1,481,000. Finally, Envestnet Asset Management Inc. raised its holdings in Rollins by 51.0% during the third quarter. Envestnet Asset Management Inc. now owns 1,137,423 shares of the business services provider’s stock worth $42,460,000 after purchasing an additional 384,270 shares in the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $45.00, for a total value of $225,000.00. Following the sale, the chief financial officer now directly owns 94,078 shares in the company, valued at $4,233,510. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CFO Kenneth D. Krause sold 5,000 shares of the business’s stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $45.00, for a total value of $225,000.00. Following the completion of the transaction, the chief financial officer now owns 94,078 shares of the company’s stock, valued at approximately $4,233,510. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jerry Jr. Gahlhoff sold 12,000 shares of the business’s stock in a transaction dated Friday, June 7th. The shares were sold at an average price of $47.20, for a total transaction of $566,400.00. Following the completion of the transaction, the chief executive officer now directly owns 288,671 shares of the company’s stock, valued at approximately $13,625,271.20. The disclosure for this sale can be found here. Over the last three months, insiders have sold 20,331 shares of company stock worth $949,623. 4.69% of the stock is owned by company insiders.

Rollins Price Performance

Rollins stock traded up $0.01 during midday trading on Monday, reaching $49.36. The company’s stock had a trading volume of 30,271 shares, compared to its average volume of 1,810,720. The stock’s 50 day simple moving average is $46.11 and its 200 day simple moving average is $44.69. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.66 and a current ratio of 0.72. The firm has a market capitalization of $23.90 billion, a PE ratio of 55.45, a P/E/G ratio of 3.77 and a beta of 0.66. Rollins, Inc. has a fifty-two week low of $32.19 and a fifty-two week high of $50.09.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share for the quarter, hitting the consensus estimate 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 in the prior year, the business posted $0.18 earnings per share. The firm’s revenue for the quarter was up 13.7% compared to the same quarter last year. On average, equities research analysts forecast that Rollins, Inc. will post 1 earnings per share for the current year.

Rollins Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Friday, May 10th were given a dividend of $0.15 per share. The ex-dividend date was Thursday, May 9th. This represents a $0.60 annualized dividend and a yield of 1.22%. Rollins’s payout ratio is currently 67.42%.

Analyst Ratings Changes

A number of analysts have weighed in on ROL shares. Morgan Stanley raised their price objective 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. StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, June 12th. Finally, UBS Group restated a “neutral” rating and set a $49.00 target price on shares of Rollins in a research report on Monday, April 15th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $47.00.

About Rollins

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.