Caprock Group LLC Sells 370 Shares of Rollins, Inc. (NYSE:ROL)

Caprock Group LLC decreased its holdings in Rollins, Inc. (NYSE:ROL) by 7.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,645 shares of the business services provider’s stock after selling 370 shares during the quarter. Caprock Group LLC’s holdings in Rollins were worth $215,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Mediolanum International Funds Ltd bought a new position in shares of Rollins in the fourth quarter valued at approximately $796,000. R Squared Ltd purchased a new stake in Rollins in the 4th quarter valued at $194,000. Pacer Advisors Inc. lifted its stake in Rollins by 18.7% during the 4th quarter. Pacer Advisors Inc. now owns 24,908 shares of the business services provider’s stock valued at $1,154,000 after acquiring an additional 3,927 shares in the last quarter. KBC Group NV boosted its holdings in Rollins by 68.0% during the 4th quarter. KBC Group NV now owns 247,082 shares of the business services provider’s stock worth $11,452,000 after acquiring an additional 99,990 shares during the last quarter. Finally, Blue Trust Inc. grew its stake in shares of Rollins by 22.6% in the 4th quarter. Blue Trust Inc. now owns 8,007 shares of the business services provider’s stock worth $405,000 after acquiring an additional 1,475 shares in the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Insider Activity at Rollins

In other Rollins news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $49.88, for a total transaction of $735,730.00. Following the sale, the insider now owns 124,214 shares of the company’s stock, valued at $6,195,794.32. The trade was a 10.61 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 4.69% of the stock is currently owned by company insiders.

Rollins Stock Performance

NYSE:ROL opened at $50.23 on Friday. The company has a market capitalization of $24.33 billion, a P/E ratio of 52.32 and a beta of 0.76. The business has a fifty day simple moving average of $48.01 and a two-hundred day simple moving average of $48.91. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.78 and a quick ratio of 0.72. Rollins, Inc. has a 1 year low of $40.41 and a 1 year high of $52.16.

Rollins Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be issued a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 1.31%. The ex-dividend date of this dividend is Tuesday, February 25th. Rollins’s dividend payout ratio (DPR) is currently 68.75%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on ROL shares. Wells Fargo & Company boosted their price target on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. UBS Group boosted their target price on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research note on Friday, January 17th. Morgan Stanley increased their price target on Rollins from $46.00 to $48.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a research report on Monday. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 target price on shares of Rollins in a research report on Monday, January 6th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $51.50.

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.