Castlekeep Investment Advisors LLC Purchases Shares of 8,204 Rollins, Inc. (NYSE:ROL)

Castlekeep Investment Advisors LLC bought a new stake in shares of Rollins, Inc. (NYSE:ROL - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 8,204 shares of the business services provider's stock, valued at approximately $380,000.

Several other institutional investors and hedge funds also recently made changes to their positions in ROL. Norges Bank bought a new stake in shares of Rollins in the 4th quarter valued at $176,784,000. Marshall Wace LLP increased 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 valued at $128,396,000 after buying an additional 2,203,859 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Rollins in the 4th quarter valued at $74,249,000. Geode Capital Management LLC increased its position in shares of Rollins by 17.6% in 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 bought a new stake in shares of Rollins in the 4th quarter valued at $50,161,000. Institutional investors own 51.79% of the company's stock.

Rollins Stock Up 0.3%

NYSE ROL traded up $0.16 on Friday, reaching $57.08. The company had a trading volume of 420,341 shares, compared to its average volume of 1,738,265. The firm has a market capitalization of $27.66 billion, a price-to-earnings ratio of 59.42 and a beta of 0.79. 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 1-year low of $45.25 and a 1-year high of $57.63. The company's fifty day moving average is $55.27 and its 200-day moving average is $51.48.

Rollins (NYSE:ROL - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $0.22 EPS 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 company had revenue of $822.50 million during the quarter, compared to the consensus estimate of $817.09 million. During the same period in the prior year, the business posted $0.20 EPS. The company's quarterly revenue was up 9.9% on a year-over-year basis. On average, research analysts forecast that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Monday, May 12th will be paid a dividend of $0.165 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.16%. Rollins's dividend payout ratio is 66.67%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Wall Street Zen upgraded shares of Rollins from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. Morgan Stanley upped their price objective on shares of Rollins from $48.00 to $50.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. Royal Bank of Canada upped their price objective on shares of Rollins from $52.00 to $62.00 and gave the company an "outperform" rating in a research report on Thursday, April 17th. The Goldman Sachs Group set a $61.00 target price on shares of Rollins and gave the stock a "buy" rating in a research note on Thursday, April 24th. Finally, Canaccord Genuity Group upped their target price on shares of Rollins from $49.00 to $50.00 and gave the stock a "hold" rating in a research note on Friday, April 25th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, Rollins presently has a consensus rating of "Moderate Buy" and a consensus price target of $55.57.

Insider Transactions at Rollins

In other news, insider Thomas D. Tesh sold 1,921 shares of the stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $51.78, for a total transaction of $99,469.38. Following the completion of the transaction, the insider now directly owns 41,173 shares in the company, valued at $2,131,937.94. This represents a 4.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Traci Hornfeck sold 3,224 shares of the company's stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total transaction of $171,194.40. Following the completion of the sale, the insider now directly owns 9,602 shares in the company, valued at approximately $509,866.20. The trade was a 25.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,987 shares of company stock worth $480,725 in the last three months. Insiders own 4.47% of the company's stock.

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.