Cyrus J. Lawrence LLC Has $6.63 Million Stock Holdings in Rollins, Inc. (NYSE:ROL)

Cyrus J. Lawrence LLC raised its stake in Rollins, Inc. (NYSE:ROL) by 1.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 135,875 shares of the business services provider’s stock after purchasing an additional 1,379 shares during the period. Cyrus J. Lawrence LLC’s holdings in Rollins were worth $6,629,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Quest Partners LLC acquired a new position in Rollins in the 2nd quarter valued at about $33,000. Ridgewood Investments LLC bought a new stake in shares of Rollins during the second quarter worth approximately $34,000. Principal Securities Inc. bought a new position in shares of Rollins during the fourth quarter worth approximately $36,000. Quent Capital LLC increased its stake in shares of Rollins by 43.9% during the second quarter. Quent Capital LLC now owns 774 shares of the business services provider’s stock worth $38,000 after purchasing an additional 236 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. lifted its holdings in Rollins by 10,233.3% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 930 shares of the business services provider’s stock worth $45,000 after purchasing an additional 921 shares during the last quarter. 51.79% of the stock is owned by institutional investors.

Rollins Price Performance

ROL stock opened at $50.15 on Monday. The company’s 50-day moving average price is $49.24 and its two-hundred day moving average price is $47.52. The firm has a market cap of $24.28 billion, a P/E ratio of 56.35, a P/E/G ratio of 3.99 and a beta of 0.70. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.41. Rollins, Inc. has a 12 month low of $32.19 and a 12 month high of $51.96.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, July 24th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.27. Rollins had a net margin of 14.23% and a return on equity of 40.10%. The business had revenue of $891.90 million for the quarter, compared to analysts’ expectations of $895.02 million. During the same period last year, the firm posted $0.23 earnings per share. The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. On average, analysts anticipate that Rollins, Inc. will post 1 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Investors 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 annualized dividend and a dividend yield of 1.20%. Rollins’s dividend payout ratio is currently 67.42%.

Analyst Ratings Changes

ROL has been the topic of several recent research reports. StockNews.com upgraded Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, July 10th. Wells Fargo & Company started coverage on shares of Rollins in a research note on Monday, August 12th. They issued an “overweight” rating and a $54.00 price objective for the company. Finally, Royal Bank of Canada restated an “outperform” rating and set a $52.00 target price on shares of Rollins in a research report on Thursday, July 25th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Rollins currently has a consensus rating of “Moderate Buy” and a consensus price target of $47.83.

Insider Activity at Rollins

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

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.