S.A. Mason LLC Cuts Stock Position in Rollins, Inc. (NYSE:ROL)

S.A. Mason LLC trimmed its holdings in shares of Rollins, Inc. (NYSE:ROL) by 6.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,699 shares of the business services provider’s stock after selling 1,500 shares during the period. S.A. Mason LLC’s holdings in Rollins were worth $1,006,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Montrusco Bolton Investments Inc. grew its holdings in Rollins by 14.0% during the third quarter. Montrusco Bolton Investments Inc. now owns 9,397,497 shares of the business services provider’s stock valued at $465,503,000 after purchasing an additional 1,154,722 shares during the period. Fiera Capital Corp purchased a new position in shares of Rollins in the third quarter worth about $43,225,000. Point72 Asset Management L.P. purchased a new stake in shares of Rollins during the 3rd quarter valued at approximately $28,980,000. JPMorgan Chase & Co. grew its stake in Rollins by 22.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,280,005 shares of the business services provider’s stock valued at $115,323,000 after buying an additional 420,399 shares in the last quarter. Finally, SG Americas Securities LLC grew its stake in Rollins by 535.2% in the 4th quarter. SG Americas Securities LLC now owns 261,379 shares of the business services provider’s stock valued at $12,115,000 after buying an additional 220,230 shares in the last quarter. 51.79% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ROL has been the subject of a number of analyst reports. Barclays assumed coverage on Rollins in a report on Monday, November 4th. They issued an “equal weight” rating and a $50.00 price target for the company. Wells Fargo & Company upped their price target on Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research report on Monday, December 16th. StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Canaccord Genuity Group assumed coverage on shares of Rollins in a research report on Tuesday, January 7th. They set a “hold” rating and a $48.00 price target for the company. Finally, UBS Group upped 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. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $51.50.

Rollins Stock Performance

Shares of NYSE ROL opened at $49.47 on Monday. The stock has a market cap of $23.96 billion, a price-to-earnings ratio of 51.53 and a beta of 0.76. The stock’s 50-day moving average is $48.12 and its 200 day moving average is $48.90. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 0.34. Rollins, Inc. has a 1-year low of $40.41 and a 1-year high of $52.16.

Rollins Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 1.33%. The ex-dividend date is Tuesday, February 25th. Rollins’s dividend payout ratio is currently 68.75%.

Insider Buying and Selling

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 document filed with the Securities & Exchange Commission, which is available at the SEC website. 4.69% of the stock is owned by corporate insiders.

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.