MassMutual Private Wealth & Trust FSB Has $5.03 Million Stock Position in Rollins, Inc. (NYSE:ROL)

MassMutual Private Wealth & Trust FSB cut its stake in Rollins, Inc. (NYSE:ROL - Free Report) by 6.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 93,021 shares of the business services provider's stock after selling 6,702 shares during the period. MassMutual Private Wealth & Trust FSB's holdings in Rollins were worth $5,026,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of ROL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Rollins by 9.7% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,192 shares of the business services provider's stock worth $1,353,000 after buying an additional 2,574 shares during the last quarter. Jones Financial Companies Lllp raised its position in shares of Rollins by 169.6% during the 4th quarter. Jones Financial Companies Lllp now owns 2,658 shares of the business services provider's stock valued at $123,000 after acquiring an additional 1,672 shares during the last quarter. KBC Group NV raised its position in shares of Rollins by 68.0% during the 4th quarter. KBC Group NV now owns 247,082 shares of the business services provider's stock valued at $11,452,000 after acquiring an additional 99,990 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. increased its holdings in 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 valued at $13,327,000 after purchasing an additional 89,899 shares during the last quarter. Finally, Proficio Capital Partners LLC bought a new stake in Rollins in the fourth quarter valued at about $4,943,000. 51.79% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Rollins Stock Performance

ROL traded up $0.33 during trading hours on Friday, reaching $57.25. The company's stock had a trading volume of 3,986,761 shares, compared to its average volume of 1,743,253. The company's 50-day moving average is $55.37 and its 200-day moving average is $51.52. Rollins, Inc. has a 52 week low of $45.34 and a 52 week high of $57.63. The firm has a market cap of $27.75 billion, a PE ratio of 59.64 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 (NYSE:ROL - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $0.22 EPS for the quarter, meeting the consensus estimate 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 the consensus estimate of $817.09 million. During the same period in the previous year, the company earned $0.20 earnings per share. The company's quarterly revenue was up 9.9% on a year-over-year basis. On average, equities analysts forecast that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

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

Insider Activity

In other Rollins news, Chairman John F. Wilson sold 40,000 shares of Rollins stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $56.77, for a total transaction of $2,270,800.00. Following the transaction, the chairman now directly owns 662,727 shares of the company's stock, valued at approximately $37,623,011.79. The trade was a 5.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through 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 transaction, the insider now directly owns 9,602 shares in the company, valued at approximately $509,866.20. This represents a 25.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 48,987 shares of company stock valued at $2,751,525. 4.47% of the stock is 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.