Rollins, Inc. (NYSE:ROL) Shares Bought by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC grew its position in Rollins, Inc. (NYSE:ROL) by 2.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,912 shares of the business services provider’s stock after purchasing an additional 626 shares during the period. Signal Advisors Wealth LLC’s holdings in Rollins were worth $1,433,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. B.O.S.S. Retirement Advisors LLC lifted its position in Rollins by 4.9% during the third quarter. B.O.S.S. Retirement Advisors LLC now owns 4,543 shares of the business services provider’s stock valued at $230,000 after buying an additional 212 shares in the last quarter. Eastern Bank raised its position in Rollins by 0.5% in the fourth quarter. Eastern Bank now owns 50,410 shares of the business services provider’s stock valued at $2,337,000 after purchasing an additional 236 shares during the period. Mather Group LLC. lifted its stake in shares of Rollins by 8.8% during the third quarter. Mather Group LLC. now owns 3,027 shares of the business services provider’s stock worth $153,000 after purchasing an additional 246 shares in the last quarter. Federated Hermes Inc. boosted its position in shares of Rollins by 16.4% in the second quarter. Federated Hermes Inc. now owns 1,766 shares of the business services provider’s stock worth $86,000 after buying an additional 249 shares during the period. Finally, Raymond James Trust N.A. grew its stake in shares of Rollins by 1.9% in the third quarter. Raymond James Trust N.A. now owns 13,283 shares of the business services provider’s stock valued at $672,000 after buying an additional 252 shares in the last quarter. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Analyst Upgrades and Downgrades

ROL has been the subject of several recent research reports. Canaccord Genuity Group started coverage on shares of Rollins in a research report on Tuesday, January 7th. They issued a “hold” rating and a $48.00 price objective for the company. Morgan Stanley lifted their price target on shares of Rollins from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 12th. Barclays assumed coverage on shares of Rollins in a research report on Monday, November 4th. They issued an “equal weight” rating and a $50.00 price objective for the company. 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. Finally, Wells Fargo & Company raised their price objective on Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, Rollins presently has an average rating of “Hold” and a consensus price target of $50.83.

Insider Activity

In other Rollins news, major shareholder Timothy Curtis Rollins sold 14,750 shares of Rollins stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $49.88, for a total value of $735,730.00. Following the transaction, the insider now directly 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 filing with the SEC, which is available at the SEC website. 4.69% of the stock is currently owned by insiders.

Rollins Trading Up 0.9 %

NYSE ROL opened at $46.51 on Tuesday. The firm’s 50 day moving average price is $48.51 and its two-hundred day moving average price is $48.99. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.72 and a current ratio of 0.78. Rollins, Inc. has a twelve month low of $40.41 and a twelve month high of $52.16. The stock has a market cap of $22.53 billion, a price-to-earnings ratio of 48.45 and a beta of 0.75.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.01). Rollins had a net margin of 14.18% and a return on equity of 38.67%. The company had revenue of $916.27 million for the quarter, compared to analysts’ expectations of $911.15 million. During the same period in the previous year, the firm posted $0.28 earnings per share. The business’s revenue for the quarter was up 9.0% on a year-over-year basis. Equities analysts anticipate that Rollins, Inc. will post 0.99 EPS for the current year.

Rollins Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Tuesday, November 12th were paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 1.42%. The ex-dividend date was Tuesday, November 12th. This is an increase from Rollins’s previous quarterly dividend of $0.15. Rollins’s dividend payout ratio is 68.75%.

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.