Virtu Financial LLC Has $1.14 Million Stock Position in Rollins, Inc. (NYSE:ROL)

Virtu Financial LLC increased its holdings in shares of Rollins, Inc. (NYSE:ROL) by 113.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 23,332 shares of the business services provider’s stock after buying an additional 12,396 shares during the quarter. Virtu Financial LLC’s holdings in Rollins were worth $1,138,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. TD Asset Management Inc lifted its holdings in shares of Rollins by 14.5% in the first quarter. TD Asset Management Inc now owns 2,826,135 shares of the business services provider’s stock worth $130,765,000 after acquiring an additional 357,535 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Rollins by 9.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,865,122 shares of the business services provider’s stock worth $81,452,000 after purchasing an additional 160,373 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in Rollins by 185.0% in the 2nd quarter. Assenagon Asset Management S.A. now owns 384,935 shares of the business services provider’s stock valued at $18,781,000 after purchasing an additional 249,860 shares during the last quarter. Intech Investment Management LLC boosted its position in Rollins by 365.7% in the fourth quarter. Intech Investment Management LLC now owns 94,925 shares of the business services provider’s stock valued at $4,145,000 after buying an additional 74,540 shares in the last quarter. Finally, Geneva Capital Management LLC grew its stake in shares of Rollins by 20.8% during the first quarter. Geneva Capital Management LLC now owns 375,845 shares of the business services provider’s stock worth $17,390,000 after buying an additional 64,639 shares during the last quarter. 51.79% of the stock is owned by institutional investors and hedge funds.

Rollins Price Performance

Shares of ROL opened at $50.25 on Thursday. The business has a 50-day moving average of $49.21 and a 200-day moving average of $47.42. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.78 and a quick ratio of 0.72. The company has a market capitalization of $24.33 billion, a price-to-earnings ratio of 56.46, a price-to-earnings-growth ratio of 3.93 and a beta of 0.70. Rollins, Inc. has a 1 year low of $32.19 and a 1 year high of $51.96.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, July 24th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.27. Rollins had a net margin of 14.23% and a return on equity of 40.10%. The firm had revenue of $891.90 million for the quarter, compared to the consensus estimate of $895.02 million. During the same quarter in the previous year, the company earned $0.23 EPS. The company’s revenue for the quarter was up 8.7% on a year-over-year basis. As a group, equities research analysts anticipate that Rollins, Inc. will post 1 earnings per share for the current year.

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Monday, August 12th were given a dividend of $0.15 per share. The ex-dividend date was Monday, August 12th. This represents a $0.60 dividend on an annualized basis and a yield of 1.19%. Rollins’s dividend payout ratio (DPR) is currently 67.42%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ROL. Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research note on Thursday, July 25th. StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a research note on Wednesday, July 10th. Finally, Wells Fargo & Company started coverage on Rollins in a research note on Monday, August 12th. They issued an “overweight” rating and a $54.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, Rollins has an average rating of “Moderate Buy” and a consensus target price of $47.83.

Insiders Place Their Bets

In other news, insider Elizabeth B. Chandler sold 4,685 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $50.74, for a total value of $237,716.90. Following the transaction, the insider now directly owns 89,338 shares of the company’s stock, valued at approximately $4,533,010.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Rollins news, insider Elizabeth B. Chandler sold 4,686 shares of the stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $47.82, for a total transaction of $224,084.52. Following the transaction, the insider now directly owns 95,023 shares in the company, valued at approximately $4,543,999.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Elizabeth B. Chandler sold 4,685 shares of Rollins stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $50.74, for a total transaction of $237,716.90. Following the completion of the sale, the insider now owns 89,338 shares of the company’s stock, valued at approximately $4,533,010.12. The disclosure for this sale can be found here. Company insiders own 4.69% of the company’s stock.

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.