Vanguard Personalized Indexing Management LLC Has $1.40 Million Stake in Rollins, Inc. (NYSE:ROL)

Vanguard Personalized Indexing Management LLC boosted its stake in Rollins, Inc. (NYSE:ROL) by 17.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,827 shares of the business services provider’s stock after acquiring an additional 4,283 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Rollins were worth $1,404,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ROL. QRG Capital Management Inc. grew its stake in shares of Rollins by 4.7% during the 2nd quarter. QRG Capital Management Inc. now owns 4,547 shares of the business services provider’s stock worth $222,000 after acquiring an additional 203 shares in the last quarter. Czech National Bank grew its position in Rollins by 0.5% in the first quarter. Czech National Bank now owns 49,396 shares of the business services provider’s stock valued at $2,286,000 after purchasing an additional 226 shares in the last quarter. Quent Capital LLC increased its stake in Rollins by 43.9% in the 2nd quarter. Quent Capital LLC now owns 774 shares of the business services provider’s stock valued at $38,000 after buying an additional 236 shares during the last quarter. Federated Hermes Inc. increased its stake in Rollins by 16.4% in the 2nd quarter. Federated Hermes Inc. now owns 1,766 shares of the business services provider’s stock valued at $86,000 after buying an additional 249 shares during the last quarter. Finally, Tortoise Investment Management LLC lifted its position in Rollins by 18.4% during the 2nd quarter. Tortoise Investment Management LLC now owns 1,728 shares of the business services provider’s stock worth $84,000 after buying an additional 269 shares in the last quarter. 51.79% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Insider Transactions at Rollins

In related news, insider Elizabeth B. Chandler sold 4,685 shares of the company’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $50.74, for a total value of $237,716.90. Following the transaction, the insider now owns 89,338 shares in the company, valued at approximately $4,533,010.12. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, insider Elizabeth B. Chandler sold 4,686 shares of Rollins 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 completion of the sale, the insider now directly owns 95,023 shares of the company’s stock, valued at approximately $4,543,999.86. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Elizabeth B. Chandler sold 4,685 shares of the company’s stock in a transaction on Tuesday, September 3rd. The shares were 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 $4,533,010.12. The disclosure for this sale can be found here. 4.69% of the stock is currently owned by corporate insiders.

Rollins Trading Up 0.1 %

Rollins stock opened at $50.15 on Monday. The stock has a 50-day simple moving average of $49.24 and a 200 day simple moving average of $47.52. The stock has a market capitalization of $24.28 billion, a P/E ratio of 56.35, a PEG ratio of 3.99 and a beta of 0.70. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.72 and a current ratio of 0.78. Rollins, Inc. has a 52 week low of $32.19 and a 52 week high of $51.96.

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

Rollins Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Monday, August 12th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.20%. The ex-dividend date was Monday, August 12th. Rollins’s payout ratio is presently 67.42%.

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.