Jones Financial Companies Lllp Acquires 1,672 Shares of Rollins, Inc. (NYSE:ROL)

Jones Financial Companies Lllp raised its holdings in shares of Rollins, Inc. (NYSE:ROL) by 169.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,658 shares of the business services provider’s stock after acquiring an additional 1,672 shares during the quarter. Jones Financial Companies Lllp’s holdings in Rollins were worth $123,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brooklyn Investment Group bought a new stake in Rollins during the 3rd quarter valued at $28,000. Centricity Wealth Management LLC bought a new stake in Rollins during the 4th quarter valued at $31,000. True Wealth Design LLC raised its holdings in Rollins by 4,272.2% during the 3rd quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 769 shares during the period. Versant Capital Management Inc raised its holdings in Rollins by 57.8% during the 4th quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 326 shares during the period. Finally, SRS Capital Advisors Inc. raised its holdings in Rollins by 25.7% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider’s stock valued at $66,000 after acquiring an additional 292 shares during the period. Institutional investors own 51.79% of the company’s stock.

Rollins Stock Up 1.4 %

ROL opened at $51.44 on Friday. The stock has a market cap of $24.91 billion, a PE ratio of 53.59 and a beta of 0.78. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30. Rollins, Inc. has a 52 week low of $41.72 and a 52 week high of $53.72. The business’s fifty day simple moving average is $49.75 and its 200 day simple moving average is $49.42.

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

Rollins Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th were given a dividend of $0.165 per share. The ex-dividend date was Tuesday, February 25th. This represents a $0.66 annualized dividend and a yield of 1.28%. Rollins’s payout ratio is 68.75%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ROL. Morgan Stanley upped their price target on shares of Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Canaccord Genuity Group upped their price target on shares of Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a report on Friday, February 14th. StockNews.com cut shares of Rollins from a “buy” rating to a “hold” rating in a report on Wednesday. UBS Group upped their price target on shares of Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a report on Friday, January 17th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 price target on shares of Rollins in a report on Monday, January 6th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Rollins presently has a consensus rating of “Hold” and a consensus target price of $52.00.

Insider Buying and Selling at Rollins

In other Rollins news, insider Traci Hornfeck sold 3,224 shares of the company’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 directly owns 9,602 shares in the company, valued at $509,866.20. This represents a 25.14 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Elizabeth B. Chandler sold 13,193 shares of the company’s 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 sale, the insider now owns 76,526 shares of the company’s stock, valued at approximately $3,916,600.68. The trade was a 14.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 18,338 shares of company stock worth $945,882 over the last three months. Company insiders own 4.69% of the company’s stock.

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.