Rollins, Inc. (NYSE:ROL) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC decreased its position in shares of Rollins, Inc. (NYSE:ROL - Free Report) by 81.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,920 shares of the business services provider's stock after selling 159,895 shares during the quarter. Janus Henderson Group PLC's holdings in Rollins were worth $1,666,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Keel Point LLC raised its position in Rollins by 5.1% during the fourth quarter. Keel Point LLC now owns 5,397 shares of the business services provider's stock valued at $250,000 after acquiring an additional 262 shares in the last quarter. Kensington Investment Counsel LLC raised its position in Rollins by 0.7% during the fourth quarter. Kensington Investment Counsel LLC now owns 38,120 shares of the business services provider's stock valued at $1,767,000 after acquiring an additional 263 shares in the last quarter. New York Life Investment Management LLC raised its position in Rollins by 0.7% during the fourth quarter. New York Life Investment Management LLC now owns 37,794 shares of the business services provider's stock valued at $1,752,000 after acquiring an additional 274 shares in the last quarter. SRS Capital Advisors Inc. raised its position in Rollins by 25.7% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider's stock valued at $66,000 after acquiring an additional 292 shares in the last quarter. Finally, Mather Group LLC. raised its position in Rollins by 9.8% during the fourth quarter. Mather Group LLC. now owns 3,325 shares of the business services provider's stock valued at $154,000 after acquiring an additional 298 shares in the last quarter. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ROL has been the subject of a number of recent analyst reports. Wall Street Zen upgraded Rollins from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. The Goldman Sachs Group set a $61.00 price objective on Rollins and gave the company a "buy" rating in a research report on Thursday, April 24th. Morgan Stanley boosted their price objective on Rollins from $48.00 to $50.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. Canaccord Genuity Group boosted their price objective on Rollins from $49.00 to $50.00 and gave the company a "hold" rating in a research report on Friday, April 25th. Finally, Royal Bank of Canada boosted their price objective on Rollins from $52.00 to $62.00 and gave the company an "outperform" rating in a research report 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. According to MarketBeat.com, Rollins currently has a consensus rating of "Moderate Buy" and an average price target of $55.57.

Rollins Price Performance

Shares of NYSE:ROL traded up $0.47 during trading on Tuesday, reaching $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 business has a fifty day moving average price of $55.08 and a 200-day moving average price of $51.40. The stock has a market cap of $27.79 billion, a PE ratio of 59.73 and a beta of 0.79. Rollins, Inc. has a 1-year low of $45.00 and a 1-year high of $57.63.

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

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Monday, May 12th will be paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date of this dividend is Monday, May 12th. Rollins's dividend payout ratio is presently 66.67%.

Insider Transactions at Rollins

In other news, insider Thomas D. Tesh sold 1,921 shares of Rollins stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $51.78, for a total value of $99,469.38. Following the sale, the insider now directly 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Traci Hornfeck sold 3,224 shares of Rollins stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total value of $171,194.40. Following the completion of the sale, the insider now directly owns 9,602 shares in the company, valued at $509,866.20. This represents a 25.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 8,987 shares of company stock valued at $480,725 over the last ninety days. 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.