Rollins (NYSE:ROL) Downgraded by StockNews.com to Hold

StockNews.com lowered shares of Rollins (NYSE:ROL) from a buy rating to a hold rating in a research report report published on Tuesday.

Several other equities analysts have also recently commented on the company. Morgan Stanley upped their price target on Rollins from $42.00 to $43.00 and gave the company an equal weight rating in a report on Friday, April 26th. UBS Group restated a neutral rating and issued a $49.00 target price on shares of Rollins in a research note on Monday, April 15th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Rollins has a consensus rating of Moderate Buy and a consensus target price of $47.00.

Rollins Stock Up 1.7 %

Shares of ROL stock opened at $49.15 on Tuesday. The stock has a 50 day moving average of $47.02 and a 200-day moving average of $45.04. The firm has a market cap of $23.80 billion, a PE ratio of 55.23, a price-to-earnings-growth ratio of 3.72 and a beta of 0.70. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.44. Rollins has a 12 month low of $32.19 and a 12 month high of $50.09.

Rollins (NYSE:ROL) last issued 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. The firm had revenue of $748.35 million during the quarter, compared to the consensus estimate of $739.12 million. Rollins had a net margin of 13.94% and a return on equity of 37.73%. The business’s revenue was up 13.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.18 EPS. On average, equities analysts predict that Rollins will post 1 EPS for the current year.

Rollins Dividend Announcement

The business also recently declared 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 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date was Thursday, May 9th. Rollins’s dividend payout ratio (DPR) is 67.42%.

Insiders Place Their Bets

In other Rollins news, CFO Kenneth D. Krause sold 3,331 shares of the business’s 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 transaction, the chief financial officer now directly owns 90,747 shares in the company, valued at $4,310,482.50. The transaction was disclosed in a document filed with the SEC, which is available through this link. In related news, CFO Kenneth D. Krause sold 5,000 shares of the firm’s stock in a transaction on 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 of the company’s stock, valued at approximately $4,233,510. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Kenneth D. Krause sold 3,331 shares of Rollins stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $47.50, for a total value of $158,222.50. Following the completion of the transaction, the chief financial officer now 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. Insiders sold 20,331 shares of company stock worth $949,623 over the last three months. 4.69% of the stock is currently owned by corporate insiders.

Institutional Trading of Rollins

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Lindbrook Capital LLC lifted its holdings in 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 buying an additional 260 shares in the last quarter. Spire Wealth Management lifted its stake in shares of Rollins by 139.7% during the fourth 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 period. Principal Securities Inc. acquired a new position in shares of Rollins during the fourth quarter valued at $36,000. Blue Trust Inc. boosted its holdings in Rollins by 65.9% in the fourth quarter. Blue Trust Inc. now owns 1,453 shares of the business services provider’s stock valued at $63,000 after acquiring an additional 577 shares during the last quarter. Finally, Tobam acquired a new stake in Rollins in the first quarter worth about $90,000. 51.79% of the stock is currently owned by institutional investors and hedge funds.

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.