Sunbelt Securities Inc. Lowers Holdings in Rollins, Inc. (NYSE:ROL)

Sunbelt Securities Inc. lowered its position in shares of Rollins, Inc. (NYSE:ROL) by 77.8% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,427 shares of the business services provider’s stock after selling 4,988 shares during the quarter. Sunbelt Securities Inc.’s holdings in Rollins were worth $66,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Czech National Bank grew its holdings in Rollins by 0.5% during the first quarter. Czech National Bank now owns 49,396 shares of the business services provider’s stock worth $2,286,000 after acquiring an additional 226 shares during the period. Lindbrook Capital LLC grew its stake in shares of Rollins by 72.4% during the 4th quarter. Lindbrook Capital LLC now owns 619 shares of the business services provider’s stock worth $27,000 after purchasing an additional 260 shares during the period. Beacon Pointe Advisors LLC increased its holdings in shares of Rollins by 4.7% in the 4th quarter. Beacon Pointe Advisors LLC now owns 7,806 shares of the business services provider’s stock valued at $341,000 after purchasing an additional 348 shares in the last quarter. Accretive Wealth Partners LLC lifted its stake in shares of Rollins by 2.2% in the fourth quarter. Accretive Wealth Partners LLC now owns 16,759 shares of the business services provider’s stock valued at $732,000 after purchasing an additional 355 shares during the period. Finally, Quadrant Capital Group LLC boosted its holdings in Rollins by 22.3% during the fourth quarter. Quadrant Capital Group LLC now owns 2,004 shares of the business services provider’s stock worth $88,000 after buying an additional 365 shares in the last quarter. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Wall Street Analyst Weigh In

ROL has been the subject of a number of research analyst reports. Morgan Stanley increased their target price on shares of Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a report on Friday, April 26th. StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, June 12th. Finally, UBS Group reissued a “neutral” rating and issued a $49.00 target price on shares of Rollins in a report on Monday, April 15th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $47.00.

Insider Activity at Rollins

In other Rollins news, CEO Jerry Jr. Gahlhoff sold 12,000 shares of the business’s stock in a transaction on Friday, June 7th. The stock was sold at an average price of $47.20, for a total value of $566,400.00. Following the completion of the transaction, the chief executive officer now directly owns 288,671 shares in the company, valued at approximately $13,625,271.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Rollins news, CEO Jerry Jr. Gahlhoff sold 12,000 shares of the firm’s stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $47.20, for a total value of $566,400.00. Following the sale, the chief executive officer now directly owns 288,671 shares of the company’s stock, valued at approximately $13,625,271.20. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Kenneth D. Krause sold 3,331 shares of the company’s stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $47.50, for a total transaction of $158,222.50. Following the transaction, the chief financial officer now directly owns 90,747 shares of the company’s stock, valued at approximately $4,310,482.50. 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 Price Performance

Shares of NYSE:ROL opened at $48.79 on Monday. 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 business’s fifty day moving average price is $46.77 and its two-hundred day moving average price is $44.95. The stock has a market cap of $23.63 billion, a PE ratio of 54.82, a price-to-earnings-growth ratio of 3.72 and a beta of 0.66. Rollins, Inc. has a one year low of $32.19 and a one year high of $50.09.

Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, April 24th. The business services provider reported $0.20 EPS for the quarter, hitting analysts’ consensus estimates of $0.20. The firm had revenue of $748.35 million during the quarter, compared to analysts’ expectations of $739.12 million. Rollins had a return on equity of 37.73% and a net margin of 13.94%. The firm’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.18 EPS. On average, analysts forecast that Rollins, Inc. will post 1 EPS for the current fiscal year.

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Friday, May 10th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date of this dividend was Thursday, May 9th. Rollins’s dividend payout ratio is presently 67.42%.

Rollins 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.