Natixis Advisors LLC Has $10.15 Million Position in Rollins, Inc. (NYSE:ROL)

Natixis Advisors LLC boosted its holdings in shares of Rollins, Inc. (NYSE:ROL - Free Report) by 15.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 187,813 shares of the business services provider's stock after buying an additional 25,355 shares during the period. Natixis Advisors LLC's holdings in Rollins were worth $10,148,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of ROL. Bank Pictet & Cie Europe AG boosted its stake in Rollins by 6.6% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 66,050 shares of the business services provider's stock worth $3,061,000 after buying an additional 4,100 shares in the last quarter. Orion Portfolio Solutions LLC boosted its stake in Rollins by 13.5% during the fourth quarter. Orion Portfolio Solutions LLC now owns 9,675 shares of the business services provider's stock worth $448,000 after buying an additional 1,149 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its stake in Rollins by 31.5% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 16,612 shares of the business services provider's stock worth $770,000 after buying an additional 3,977 shares in the last quarter. Franklin Resources Inc. boosted its stake in Rollins by 23.0% during the fourth quarter. Franklin Resources Inc. now owns 213,928 shares of the business services provider's stock worth $9,916,000 after buying an additional 39,985 shares in the last quarter. Finally, Headlands Technologies LLC boosted its stake in Rollins by 425.1% during the fourth quarter. Headlands Technologies LLC now owns 1,402 shares of the business services provider's stock worth $65,000 after buying an additional 1,135 shares in the last quarter. Institutional investors and hedge funds own 51.79% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently commented on ROL. Wells Fargo & Company restated an "overweight" rating and issued a $65.00 target price (up previously from $63.00) on shares of Rollins in a research note on Wednesday, June 25th. Barclays boosted their target price on shares of Rollins from $55.00 to $60.00 and gave the company an "equal weight" rating in a research note on Friday, July 25th. Royal Bank Of Canada boosted their target price 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. The Goldman Sachs Group set a $61.00 target price on shares of Rollins and gave the company a "buy" rating in a research note on Thursday, April 24th. Finally, UBS Group boosted their target price on shares of Rollins from $59.00 to $61.00 and gave the company a "neutral" rating in a research note on Friday, July 25th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $61.40.

Insider Activity

In other Rollins news, insider Thomas D. Tesh sold 1,921 shares of the business's stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $56.54, for a total transaction of $108,613.34. Following the completion of the sale, the insider directly owned 38,028 shares of the company's stock, valued at approximately $2,150,103.12. The trade was a 4.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Chairman John F. Wilson sold 30,000 shares of the business's stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of $58.04, for a total value of $1,741,200.00. Following the sale, the chairman directly owned 632,727 shares of the company's stock, valued at $36,723,475.08. This represents a 4.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 71,921 shares of company stock valued at $4,120,613 over the last three months. Company insiders own 4.47% of the company's stock.

Rollins Stock Up 0.8%

Shares of NYSE ROL opened at $57.70 on Monday. The firm's 50-day simple moving average is $56.65 and its 200 day simple moving average is $54.19. The company has a market cap of $27.96 billion, a price-to-earnings ratio of 57.13 and a beta of 0.69. The company has a quick ratio of 0.63, a current ratio of 0.68 and a debt-to-equity ratio of 0.34. Rollins, Inc. has a 12-month low of $45.34 and a 12-month high of $58.65.

Rollins (NYSE:ROL - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The business services provider reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.01. The business had revenue of $999.53 million for the quarter, compared to the consensus estimate of $988.77 million. Rollins had a net margin of 13.70% and a return on equity of 36.96%. The firm's quarterly revenue was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.27 EPS. On average, research analysts expect that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Monday, August 11th will be issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Monday, August 11th. Rollins's payout ratio is currently 65.35%.

Rollins Company 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.

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