Rollins, Inc. (NYSE:ROL) Stock Holdings Decreased by Victory Capital Management Inc.

Victory Capital Management Inc. reduced its position in Rollins, Inc. (NYSE:ROL) by 2.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 231,768 shares of the business services provider’s stock after selling 6,537 shares during the period. Victory Capital Management Inc.’s holdings in Rollins were worth $10,742,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in ROL. Principal Financial Group Inc. grew its position in Rollins by 3.6% during the third quarter. Principal Financial Group Inc. now owns 399,398 shares of the business services provider’s stock valued at $20,202,000 after purchasing an additional 13,697 shares in the last quarter. Crossmark Global Holdings Inc. grew its position in Rollins by 6.1% during the third quarter. Crossmark Global Holdings Inc. now owns 24,745 shares of the business services provider’s stock valued at $1,251,000 after purchasing an additional 1,419 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in Rollins in the third quarter valued at approximately $393,000. Ashton Thomas Private Wealth LLC acquired a new stake in Rollins in the third quarter valued at approximately $204,000. Finally, KBC Group NV lifted its stake in Rollins by 3.7% in the third quarter. KBC Group NV now owns 147,092 shares of the business services provider’s stock valued at $7,439,000 after acquiring an additional 5,236 shares during the last quarter. 51.79% of the stock is owned by hedge funds and other institutional investors.

Rollins Trading Up 0.3 %

Shares of ROL stock opened at $50.69 on Friday. Rollins, Inc. has a 52-week low of $41.72 and a 52-week high of $53.72. The stock has a market cap of $24.55 billion, a price-to-earnings ratio of 52.81 and a beta of 0.78. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69. The firm has a fifty day moving average of $49.65 and a 200-day moving average of $49.41.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. On average, equities research analysts forecast that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Announces Dividend

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

Analysts Set New Price Targets

ROL has been the subject of a number of analyst reports. Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research note on Monday, January 6th. Wells Fargo & Company lifted their target price on shares of Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. StockNews.com cut shares of Rollins from a “buy” rating to a “hold” rating in a research note on Wednesday. UBS Group boosted their price objective 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. Finally, Canaccord Genuity Group boosted their price objective on shares of Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research note on Friday, February 14th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, Rollins currently has a consensus rating of “Hold” and a consensus price target of $52.00.

Insider Buying and Selling

In other Rollins news, insider Elizabeth B. Chandler sold 13,193 shares of the firm’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $51.18, for a total value of $675,217.74. Following the completion of the sale, the insider now owns 76,526 shares in the company, valued at approximately $3,916,600.68. This trade represents a 14.70 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Traci Hornfeck sold 3,224 shares of the firm’s stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total transaction of $171,194.40. Following the completion of the sale, the insider now owns 9,602 shares of the company’s stock, valued at $509,866.20. The trade was a 25.14 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 18,338 shares of company stock worth $945,882 in the last quarter. 4.69% of the stock is owned by corporate 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.