Principal Financial Group Inc. Has $18.55 Million Stock Holdings in Rollins, Inc. (NYSE:ROL)

Principal Financial Group Inc. increased its position in Rollins, Inc. (NYSE:ROL) by 0.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 400,305 shares of the business services provider’s stock after buying an additional 907 shares during the quarter. Principal Financial Group Inc. owned 0.08% of Rollins worth $18,554,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in ROL. Brooklyn Investment Group acquired a new position in Rollins in the 3rd quarter valued at approximately $28,000. True Wealth Design LLC increased its holdings in Rollins by 4,272.2% in the third quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 769 shares during the period. Versant Capital Management Inc raised its position in Rollins by 57.8% during the 4th quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock worth $41,000 after purchasing an additional 326 shares during the last quarter. Capital Performance Advisors LLP acquired a new position in Rollins during the 3rd quarter worth about $52,000. Finally, Intact Investment Management Inc. bought a new stake in shares of Rollins in the 3rd quarter valued at about $71,000. Institutional investors own 51.79% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. UBS Group raised their price objective on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research report on Friday, January 17th. StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, February 19th. Barclays initiated coverage on shares of Rollins in a research report on Monday, November 4th. They set an “equal weight” rating and a $50.00 price objective for the company. Wells Fargo & Company boosted their target price on shares of Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a report on Monday, December 16th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $52.00 price target on shares of Rollins in a report on Monday, January 6th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $52.00.

Rollins Stock Up 0.1 %

Shares of NYSE ROL opened at $51.36 on Tuesday. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30. The firm has a market cap of $24.87 billion, a PE ratio of 53.50 and a beta of 0.76. The company’s fifty day simple moving average is $48.34 and its 200 day simple moving average is $49.15. Rollins, Inc. has a 12-month low of $41.72 and a 12-month high of $52.83.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, meeting the consensus estimate of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. As a group, sell-side analysts forecast that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th will be issued a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $0.66 annualized dividend and a dividend yield of 1.29%. Rollins’s dividend payout ratio is 68.75%.

Insider Transactions at Rollins

In other news, insider Elizabeth B. Chandler sold 13,193 shares of Rollins stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $51.18, for a total transaction of $675,217.74. Following the completion of the transaction, the insider now directly owns 76,526 shares in the company, valued at $3,916,600.68. This trade represents a 14.70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.69% of the stock is owned by insiders.

Rollins Company 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.