LVW Advisors LLC Reduces Stock Holdings in Rollins, Inc. (NYSE:ROL)

LVW Advisors LLC reduced its holdings in Rollins, Inc. (NYSE:ROL) by 3.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,875 shares of the business services provider’s stock after selling 471 shares during the period. LVW Advisors LLC’s holdings in Rollins were worth $642,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Lindbrook Capital LLC boosted its holdings in shares of Rollins by 72.4% in the 4th quarter. Lindbrook Capital LLC now owns 619 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 260 shares during the last quarter. Spire Wealth Management boosted its holdings in shares of Rollins by 139.7% in the 4th quarter. Spire Wealth Management now owns 755 shares of the business services provider’s stock valued at $33,000 after acquiring an additional 440 shares during the last quarter. Principal Securities Inc. purchased a new stake in shares of Rollins in the 4th quarter valued at $36,000. Blue Trust Inc. lifted its stake in shares of Rollins by 65.9% in the 4th quarter. Blue Trust Inc. now owns 1,453 shares of the business services provider’s stock valued at $63,000 after purchasing an additional 577 shares during the period. Finally, Quadrant Capital Group LLC lifted its stake in shares of Rollins by 22.3% in the 4th quarter. Quadrant Capital Group LLC now owns 2,004 shares of the business services provider’s stock valued at $88,000 after purchasing an additional 365 shares during the period. 51.79% of the stock is owned by hedge funds and other institutional investors.

Rollins Stock Performance

NYSE:ROL opened at $48.32 on Tuesday. 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 company has a fifty day moving average of $46.89 and a two-hundred day moving average of $44.99. The stock has a market capitalization of $23.40 billion, a PE ratio of 54.29, a P/E/G ratio of 3.72 and a beta of 0.70. Rollins, Inc. has a fifty-two week low of $32.19 and a fifty-two week high of $50.09.

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

Rollins Announces Dividend

The firm also recently announced 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 1.24%. The ex-dividend date of this dividend was Thursday, May 9th. Rollins’s dividend payout ratio (DPR) is 67.42%.

Insider Activity

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

Wall Street Analyst Weigh In

ROL has been the subject of several analyst reports. Morgan Stanley boosted their target price on shares of Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a research note on Friday, April 26th. UBS Group reiterated a “neutral” rating and issued a $49.00 target price on shares of Rollins in a research note on Monday, April 15th. Finally, StockNews.com upgraded 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 given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $47.00.

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.