Deutsche Bank AG Purchases 257,409 Shares of Rollins, Inc. (NYSE:ROL)

Deutsche Bank AG lifted its position in Rollins, Inc. (NYSE:ROL - Free Report) by 24.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,308,104 shares of the business services provider's stock after buying an additional 257,409 shares during the period. Deutsche Bank AG owned approximately 0.27% of Rollins worth $60,631,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Norges Bank acquired a new stake in Rollins in the fourth quarter valued at approximately $176,784,000. Marshall Wace LLP boosted its position in shares of Rollins by 389.2% in the 4th quarter. Marshall Wace LLP now owns 2,770,131 shares of the business services provider's stock worth $128,396,000 after purchasing an additional 2,203,859 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Rollins during the 4th quarter worth $74,249,000. Geode Capital Management LLC increased its position in Rollins by 17.6% during the 4th quarter. Geode Capital Management LLC now owns 8,557,923 shares of the business services provider's stock valued at $395,819,000 after buying an additional 1,282,508 shares in the last quarter. Finally, BLI Banque de Luxembourg Investments acquired a new position in Rollins during the 4th quarter valued at about $50,161,000. Institutional investors own 51.79% of the company's stock.

Insider Buying and Selling at Rollins

In related news, insider Elizabeth B. Chandler sold 13,193 shares of the business's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $51.18, for a total value of $675,217.74. Following the completion of the transaction, the insider now directly owns 76,526 shares in the company, valued at $3,916,600.68. The trade was a 14.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Traci Hornfeck sold 3,224 shares of the stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total transaction of $171,194.40. Following the sale, the insider now directly owns 9,602 shares in the company, valued at $509,866.20. This trade represents a 25.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 20,259 shares of company stock worth $1,047,330. Insiders own 4.47% of the company's stock.

Rollins Stock Performance

ROL opened at $55.68 on Tuesday. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30. Rollins, Inc. has a 12-month low of $45.00 and a 12-month high of $57.43. The firm has a 50 day moving average of $53.98 and a two-hundred day moving average of $50.76. The firm has a market capitalization of $26.99 billion, a PE ratio of 58.00 and a beta of 0.79.

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

Rollins Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Monday, May 12th will be given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 1.19%. The ex-dividend date of this dividend is Monday, May 12th. Rollins's dividend payout ratio is currently 66.67%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Morgan Stanley raised their price target on Rollins from $48.00 to $50.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. UBS Group lifted their target price on shares of Rollins from $52.00 to $53.00 and gave the stock a "neutral" rating in a research note on Friday, January 17th. StockNews.com upgraded shares of Rollins from a "hold" rating to a "buy" rating in a research note on Thursday, April 17th. Barclays raised their price target on shares of Rollins from $50.00 to $55.00 and gave the stock an "equal weight" rating in a report on Friday, April 4th. Finally, The Goldman Sachs Group set a $61.00 price objective on shares of Rollins and gave the company a "buy" rating in a report on Thursday, April 24th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $55.57.

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.

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