Focus Partners Wealth Makes New $341,000 Investment in Rollins, Inc. (NYSE:ROL)

Focus Partners Wealth bought a new stake in Rollins, Inc. (NYSE:ROL - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 7,355 shares of the business services provider's stock, valued at approximately $341,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ROL. True North Advisors LLC bought a new stake in Rollins during the fourth quarter worth about $262,000. Jones Financial Companies Lllp grew its stake in Rollins by 169.6% during the fourth quarter. Jones Financial Companies Lllp now owns 2,658 shares of the business services provider's stock worth $123,000 after buying an additional 1,672 shares during the last quarter. KBC Group NV grew its stake in Rollins by 68.0% during the fourth quarter. KBC Group NV now owns 247,082 shares of the business services provider's stock worth $11,452,000 after buying an additional 99,990 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. grew its stake in Rollins by 45.5% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 287,536 shares of the business services provider's stock worth $13,327,000 after buying an additional 89,899 shares during the last quarter. Finally, Exchange Traded Concepts LLC grew its stake in Rollins by 203.0% during the fourth quarter. Exchange Traded Concepts LLC now owns 30,382 shares of the business services provider's stock worth $1,408,000 after buying an additional 20,354 shares during the last quarter. Institutional investors own 51.79% of the company's stock.

Rollins Price Performance

Shares of ROL traded up $0.18 during mid-day trading on Tuesday, hitting $57.05. 72,261 shares of the company traded hands, compared to its average volume of 1,984,179. Rollins, Inc. has a one year low of $45.00 and a one year high of $57.63. The stock has a market capitalization of $27.65 billion, a price-to-earnings ratio of 59.42 and a beta of 0.79. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30. The business has a 50-day moving average of $54.97 and a 200 day moving average of $51.36.

Rollins (NYSE:ROL - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $822.50 million for the quarter, compared to analysts' expectations of $817.09 million. During the same period last year, the firm earned $0.20 earnings per share. The business's revenue for the quarter was up 9.9% on a year-over-year basis. As a group, equities analysts expect that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Dividend Announcement

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

Analyst Ratings Changes

Several brokerages have weighed in on ROL. Canaccord Genuity Group upped their price objective 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. Barclays upped their price objective on shares of Rollins from $50.00 to $55.00 and gave the stock an "equal weight" rating in a research note on Friday, April 4th. The Goldman Sachs Group set a $61.00 target price on shares of Rollins and gave the stock a "buy" rating in a research report on Thursday, April 24th. Morgan Stanley increased their price target on shares of Rollins from $48.00 to $50.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. Finally, Wall Street Zen raised shares of Rollins from a "hold" rating to a "buy" rating in a research note on Thursday, April 17th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Rollins currently has a consensus rating of "Moderate Buy" and an average target price of $55.57.

Insider Buying and Selling at Rollins

In other Rollins news, insider Thomas D. Tesh sold 1,921 shares of the firm's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $51.78, for a total value of $99,469.38. Following the transaction, the insider now directly owns 41,173 shares of the company's stock, valued at approximately $2,131,937.94. This trade represents a 4.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Traci Hornfeck sold 3,224 shares of the firm's stock in a transaction that occurred on 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 transaction, 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. Over the last ninety days, insiders have sold 8,987 shares of company stock valued at $480,725. 4.47% of the stock is currently owned by insiders.

About Rollins

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.