Bokf Na Sells 11,395 Shares of Rollins, Inc. (NYSE:ROL)

BOKF NA lowered its stake in shares of Rollins, Inc. (NYSE:ROL - Free Report) by 18.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 48,875 shares of the business services provider's stock after selling 11,395 shares during the quarter. BOKF NA's holdings in Rollins were worth $2,253,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in ROL. Bridgefront Capital LLC lifted its stake in Rollins by 31.8% during the fourth quarter. Bridgefront Capital LLC now owns 5,704 shares of the business services provider's stock worth $264,000 after purchasing an additional 1,376 shares during the last quarter. Castlekeep Investment Advisors LLC purchased a new stake in Rollins in the fourth quarter worth approximately $380,000. Balyasny Asset Management L.P. grew its position in Rollins by 493.0% during the fourth quarter. Balyasny Asset Management L.P. now owns 233,726 shares of the business services provider's stock valued at $10,833,000 after acquiring an additional 194,309 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Rollins by 2.8% during the fourth quarter. Bank of America Corp DE now owns 927,703 shares of the business services provider's stock worth $42,999,000 after acquiring an additional 25,567 shares in the last quarter. Finally, Benjamin Edwards Inc. lifted its holdings in shares of Rollins by 34.5% in the 4th quarter. Benjamin Edwards Inc. now owns 19,966 shares of the business services provider's stock worth $925,000 after acquiring an additional 5,117 shares during the last quarter. Hedge funds and other institutional investors own 51.79% of the company's stock.

Rollins Trading Up 0.0 %

NYSE:ROL traded up $0.01 during trading hours on Friday, hitting $56.70. The company had a trading volume of 1,321,932 shares, compared to its average volume of 1,714,324. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62. The stock has a 50-day moving average price of $53.92 and a 200 day moving average price of $50.67. The company has a market capitalization of $27.48 billion, a PE ratio of 59.06 and a beta of 0.79. Rollins, Inc. has a 52 week low of $45.00 and a 52 week high of $57.43.

Rollins (NYSE:ROL - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The business services provider reported $0.22 earnings per share (EPS) for the quarter, meeting the consensus estimate 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 for the quarter, compared to analysts' expectations of $817.09 million. During the same quarter in the previous year, the company earned $0.20 earnings per share. Rollins's quarterly revenue was up 9.9% on a year-over-year basis. On average, equities research analysts predict that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.66 annualized dividend and a dividend yield of 1.16%. Rollins's dividend payout ratio is presently 66.67%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. StockNews.com upgraded shares of Rollins from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. Canaccord Genuity Group boosted their target price on Rollins from $49.00 to $50.00 and gave the company a "hold" rating in a research note on Friday, April 25th. The Goldman Sachs Group set a $61.00 price target on Rollins and gave the stock a "buy" rating in a research note on Thursday, April 24th. UBS Group increased their price objective on Rollins from $52.00 to $53.00 and gave the company a "neutral" rating in a research note on Friday, January 17th. Finally, Morgan Stanley upped their price target on shares of Rollins from $48.00 to $50.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $55.57.

Insider Buying and Selling

In other Rollins news, 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 value of $675,217.74. Following the sale, the insider now owns 76,526 shares in the company, valued at approximately $3,916,600.68. This represents a 14.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Thomas D. Tesh sold 1,921 shares of Rollins stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $51.78, for a total transaction of $99,469.38. Following the transaction, the insider now owns 41,173 shares of the company's stock, valued at $2,131,937.94. The trade was a 4.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 20,259 shares of company stock valued at $1,047,330 over the last ninety days. Company insiders own 4.47% 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.