1,080,250 Shares in Rollins, Inc. (NYSE:ROL) Purchased by BLI Banque de Luxembourg Investments

BLI Banque de Luxembourg Investments purchased a new position in shares of Rollins, Inc. (NYSE:ROL - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,080,250 shares of the business services provider's stock, valued at approximately $50,161,000. Rollins comprises 1.4% of BLI Banque de Luxembourg Investments' investment portfolio, making the stock its 25th biggest holding. BLI Banque de Luxembourg Investments owned about 0.22% of Rollins at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of ROL. Murphy & Mullick Capital Management Corp purchased a new stake in shares of Rollins in the fourth quarter valued at approximately $29,000. Centricity Wealth Management LLC acquired a new position in shares of Rollins in the fourth quarter valued at approximately $31,000. Mizuho Bank Ltd. acquired a new position in Rollins in the 4th quarter valued at $37,000. Versant Capital Management Inc grew its position in shares of Rollins by 57.8% in the fourth quarter. Versant Capital Management Inc now owns 890 shares of the business services provider's stock valued at $41,000 after purchasing an additional 326 shares during the period. Finally, Atala Financial Inc acquired a new position in Rollins in the fourth quarter valued at $47,000. 51.79% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Rollins

In other news, insider Elizabeth B. Chandler sold 13,193 shares of the stock in a transaction that occurred on 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 directly owns 76,526 shares of the company's stock, valued at $3,916,600.68. This represents a 14.70 % 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. Also, insider Traci Hornfeck sold 3,224 shares of the business's stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total value of $171,194.40. Following the sale, the insider now directly owns 9,602 shares of the company's stock, valued at $509,866.20. This represents a 25.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 20,259 shares of company stock worth $1,047,330 in the last ninety days. 4.47% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently commented on ROL shares. StockNews.com raised shares of Rollins from a "hold" rating to a "buy" rating in a research note on Thursday, April 17th. Barclays boosted their price objective on shares of Rollins from $50.00 to $55.00 and gave the company an "equal weight" rating in a research note on Friday, April 4th. Morgan Stanley lifted their target price on Rollins from $48.00 to $50.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. UBS Group upped their price target on Rollins from $52.00 to $53.00 and gave the stock a "neutral" rating in a research note on Friday, January 17th. Finally, Canaccord Genuity Group boosted their target price on Rollins from $49.00 to $50.00 and gave the stock a "hold" rating in a report on Friday, April 25th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $55.57.

Rollins Stock Up 0.1 %

Shares of Rollins stock traded up $0.06 during midday trading on Friday, reaching $56.75. 621,478 shares of the company's stock traded hands, compared to its average volume of 1,992,713. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69. Rollins, Inc. has a 52 week low of $45.00 and a 52 week high of $57.43. The company's 50 day simple moving average is $53.84 and its 200 day simple moving average is $50.61. The company has a market cap of $27.50 billion, a price-to-earnings ratio of 59.12 and a beta of 0.79.

Rollins (NYSE:ROL - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The business services provider reported $0.22 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.22. Rollins had a net margin of 13.76% and a return on equity of 37.94%. The company had revenue of $822.50 million during the quarter, compared to analysts' expectations of $817.09 million. During the same period in the prior year, the company earned $0.20 earnings per share. The business's quarterly revenue was up 9.9% compared to the same quarter last year. Equities analysts expect that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Monday, May 12th will be given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date is Monday, May 12th. Rollins's dividend payout ratio (DPR) is currently 66.67%.

Rollins 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.