Rollins, Inc. (NYSE:ROL) Receives $52.00 Consensus PT from Analysts

Shares of Rollins, Inc. (NYSE:ROL) have received an average rating of “Hold” from the six ratings firms that are presently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $52.00.

Several equities analysts have recently weighed in on ROL shares. UBS Group raised their price target on shares of Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research note on Friday, January 17th. StockNews.com cut shares of Rollins from a “buy” rating to a “hold” rating in a report on Wednesday. Canaccord Genuity Group lifted their price target on shares of Rollins from $48.00 to $49.00 and gave the company a “hold” rating in a research note on Friday, February 14th. Wells Fargo & Company increased their price objective on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. Finally, Morgan Stanley raised their price objective on Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a report on Friday, February 14th.

Rollins Trading Up 0.3 %

ROL opened at $50.69 on Tuesday. The stock has a market capitalization of $24.55 billion, a P/E ratio of 52.81 and a beta of 0.78. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30. Rollins has a 12 month low of $41.72 and a 12 month high of $53.72. The firm’s fifty day simple moving average is $49.65 and its 200 day simple moving average is $49.41.

Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, hitting 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, research analysts anticipate that Rollins will post 1.09 EPS for the current fiscal year.

Rollins Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th were given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date was Tuesday, February 25th. Rollins’s dividend payout ratio (DPR) is presently 68.75%.

Insider Transactions at Rollins

In other news, insider Thomas D. Tesh sold 1,921 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $51.78, for a total value of $99,469.38. Following the completion of the sale, the insider now directly owns 41,173 shares of the company’s stock, valued at $2,131,937.94. This trade represents a 4.46 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Traci Hornfeck sold 3,224 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total value of $171,194.40. Following the transaction, the insider now directly owns 9,602 shares in the company, valued at $509,866.20. The trade was a 25.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 18,338 shares of company stock worth $945,882 in the last ninety days. Insiders own 4.69% of the company’s stock.

Institutional Investors Weigh In On Rollins

Several hedge funds have recently added to or reduced their stakes in the business. Eastern Bank lifted its position in Rollins by 0.5% during the fourth quarter. Eastern Bank now owns 50,410 shares of the business services provider’s stock worth $2,337,000 after acquiring an additional 236 shares during the last quarter. Raymond James Trust N.A. lifted its position in shares of Rollins by 1.9% during the 3rd quarter. Raymond James Trust N.A. now owns 13,283 shares of the business services provider’s stock valued at $672,000 after acquiring an additional 252 shares during the period. Keel Point LLC increased its position in shares of Rollins by 5.1% in the fourth quarter. Keel Point LLC now owns 5,397 shares of the business services provider’s stock worth $250,000 after purchasing an additional 262 shares during the period. Kensington Investment Counsel LLC increased its holdings in Rollins by 0.7% in the 4th quarter. Kensington Investment Counsel LLC now owns 38,120 shares of the business services provider’s stock valued at $1,767,000 after buying an additional 263 shares during the period. Finally, New York Life Investment Management LLC increased its stake in Rollins by 0.7% in the fourth quarter. New York Life Investment Management LLC now owns 37,794 shares of the business services provider’s stock valued at $1,752,000 after acquiring an additional 274 shares during the last quarter. Institutional investors and hedge funds own 51.79% 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.