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

Focus Partners Wealth bought a new position in shares of Rollins, Inc. (NYSE:ROL - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 7,355 shares of the business services provider's stock, valued at approximately $341,000.

Several other large investors also recently bought and sold shares of ROL. Norges Bank purchased a new stake in Rollins during the 4th quarter worth approximately $176,784,000. Marshall Wace LLP lifted its stake in Rollins by 389.2% during 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 acquiring an additional 2,203,859 shares during the period. Raymond James Financial Inc. acquired a new stake in Rollins during the 4th quarter valued at approximately $74,249,000. Geode Capital Management LLC lifted its stake 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 acquiring an additional 1,282,508 shares during the period. Finally, BLI Banque de Luxembourg Investments acquired a new stake in Rollins during the 4th quarter valued at approximately $50,161,000. Hedge funds and other institutional investors own 51.79% of the company's stock.

Insiders Place Their Bets

In other Rollins news, insider Thomas D. Tesh sold 1,921 shares of the company's stock in a transaction 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 completion of the transaction, the insider now directly owns 41,173 shares in the company, valued at approximately $2,131,937.94. This represents a 4.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Traci Hornfeck sold 3,224 shares of the company's 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 of the company's stock, valued at $509,866.20. The trade was a 25.14% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 8,987 shares of company stock worth $480,725. Company insiders own 4.47% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have commented on ROL. The Goldman Sachs Group set a $61.00 price objective on shares of Rollins and gave the company a "buy" rating in a research note on Thursday, April 24th. Morgan Stanley lifted their price objective 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. Royal Bank of Canada lifted their price objective on shares of Rollins from $52.00 to $62.00 and gave the company an "outperform" rating in a research note on Thursday, April 17th. Wall Street Zen upgraded shares of Rollins from a "hold" rating to a "buy" rating in a research note on Thursday, April 17th. Finally, Barclays lifted 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. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $55.57.

Rollins Stock Performance

Shares of ROL traded up $0.47 during trading hours on Tuesday, hitting $57.34. The stock had a trading volume of 1,523,190 shares, compared to its average volume of 1,742,968. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69. The firm has a 50-day moving average price of $55.08 and a 200 day moving average price of $51.40. Rollins, Inc. has a fifty-two week low of $45.00 and a fifty-two week high of $57.63. The firm has a market capitalization of $27.79 billion, a price-to-earnings ratio of 59.73 and a beta of 0.79.

Rollins (NYSE:ROL - Get Free Report) last posted 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. The company had revenue of $822.50 million during the quarter, compared to analysts' expectations of $817.09 million. Rollins had a net margin of 13.76% and a return on equity of 37.94%. The firm's revenue for the quarter was up 9.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.20 earnings per share. As a group, research analysts anticipate that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date of this dividend is Monday, May 12th. Rollins's dividend payout ratio is presently 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.