Kayne Anderson Rudnick Investment Management LLC Has $473.01 Million Holdings in Rollins, Inc. (NYSE:ROL)

Kayne Anderson Rudnick Investment Management LLC trimmed its position in Rollins, Inc. (NYSE:ROL - Free Report) by 0.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,205,133 shares of the business services provider's stock after selling 26,445 shares during the period. Kayne Anderson Rudnick Investment Management LLC owned approximately 2.11% of Rollins worth $473,008,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in ROL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Rollins by 9.7% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,192 shares of the business services provider's stock worth $1,353,000 after purchasing an additional 2,574 shares during the period. Jones Financial Companies Lllp grew its stake in shares of Rollins by 169.6% in the fourth quarter. Jones Financial Companies Lllp now owns 2,658 shares of the business services provider's stock worth $123,000 after purchasing an additional 1,672 shares in the last quarter. KBC Group NV grew its stake in shares of Rollins by 68.0% in the fourth quarter. KBC Group NV now owns 247,082 shares of the business services provider's stock worth $11,452,000 after purchasing an additional 99,990 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. grew its stake in shares of Rollins by 45.5% in 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 purchasing an additional 89,899 shares in the last quarter. Finally, Exchange Traded Concepts LLC grew its stake in shares of Rollins by 203.0% in the fourth quarter. Exchange Traded Concepts LLC now owns 30,382 shares of the business services provider's stock worth $1,408,000 after purchasing an additional 20,354 shares in the last quarter. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Insider Activity at Rollins

In other Rollins news, insider Thomas D. Tesh sold 1,921 shares of Rollins stock in a transaction 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 completion of the transaction, the insider now owns 41,173 shares in the company, valued at approximately $2,131,937.94. The trade was a 4.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Traci Hornfeck sold 3,224 shares of Rollins stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total value of $171,194.40. Following the completion of the transaction, the insider now owns 9,602 shares of the company's stock, valued at approximately $509,866.20. The trade was a 25.14% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,987 shares of company stock valued at $480,725 in the last 90 days. 4.47% of the stock is owned by corporate insiders.

Rollins Stock Performance

Shares of ROL stock traded up $0.17 during trading on Friday, reaching $57.09. The company had a trading volume of 420,341 shares, compared to its average volume of 1,738,265. The company has a market capitalization of $27.67 billion, a PE ratio of 59.42 and a beta of 0.79. The firm's 50 day simple moving average is $55.27 and its two-hundred day simple moving average is $51.48. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62. Rollins, Inc. has a one year low of $45.25 and a one year high of $57.63.

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 for the quarter, hitting the consensus estimate of $0.22. Rollins had a return on equity of 37.94% and a net margin of 13.76%. The company had revenue of $822.50 million for the quarter, compared to analyst estimates of $817.09 million. During the same quarter last year, the firm earned $0.20 EPS. Rollins's revenue for the quarter was up 9.9% compared to the same quarter last year. Sell-side analysts forecast that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Dividend Announcement

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

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.