Creative Planning Has $889,000 Stake in Rollins, Inc. (NYSE:ROL)

Creative Planning lowered its holdings in Rollins, Inc. (NYSE:ROL) by 2.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,223 shares of the business services provider’s stock after selling 458 shares during the quarter. Creative Planning’s holdings in Rollins were worth $889,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of ROL. Quest Partners LLC acquired a new position in shares of Rollins during the second quarter valued at about $33,000. Ridgewood Investments LLC bought a new stake in Rollins during the 2nd quarter worth approximately $34,000. Quent Capital LLC raised its stake in shares of Rollins by 43.9% in 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 last quarter. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Rollins by 10,233.3% in the second 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. Finally, Blue Trust Inc. lifted its holdings in shares of Rollins by 114.2% in the second quarter. Blue Trust Inc. now owns 1,604 shares of the business services provider’s stock valued at $74,000 after purchasing an additional 855 shares in the last quarter. Institutional investors own 51.79% of the company’s stock.

Insider Transactions at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 4,685 shares of the company’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $50.49, for a total transaction of $236,545.65. Following the sale, the insider now directly owns 84,653 shares of the company’s stock, valued at $4,274,129.97. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, insider Elizabeth B. Chandler sold 4,685 shares of Rollins stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $50.49, for a total value of $236,545.65. Following the completion of the transaction, the insider now directly owns 84,653 shares in the company, valued at approximately $4,274,129.97. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Elizabeth B. Chandler sold 4,686 shares of the business’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $47.82, for a total transaction of $224,084.52. Following the sale, the insider now directly owns 95,023 shares in the company, valued at $4,543,999.86. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 14,056 shares of company stock worth $698,347. 4.69% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on ROL shares. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research report on Thursday, July 25th. Wells Fargo & Company began coverage on shares of Rollins in a report on Monday, August 12th. They issued an “overweight” rating and a $54.00 target price for the company. Finally, StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $47.83.

Rollins Stock Performance

NYSE ROL opened at $49.66 on Friday. The company has a market capitalization of $24.05 billion, a PE ratio of 55.80 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. The company has a 50-day simple moving average of $49.65 and a 200 day simple moving average of $47.87.

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

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Monday, August 12th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, August 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.21%. Rollins’s dividend 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.