Nomura Holdings Inc. Invests $429,000 in Rollins, Inc. (NYSE:ROL)

Nomura Holdings Inc. purchased a new position in Rollins, Inc. (NYSE:ROL - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,257 shares of the business services provider's stock, valued at approximately $429,000.

Several other institutional investors have also recently made changes to their positions in the company. OMERS ADMINISTRATION Corp increased its holdings in shares of Rollins by 19.6% in the fourth quarter. OMERS ADMINISTRATION Corp now owns 12,382 shares of the business services provider's stock worth $574,000 after purchasing an additional 2,031 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Rollins by 9.7% in 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 acquiring an additional 2,574 shares in the last quarter. Jefferies Financial Group Inc. grew its position in Rollins by 143.0% in the fourth quarter. Jefferies Financial Group Inc. now owns 125,179 shares of the business services provider's stock worth $5,802,000 after acquiring an additional 73,661 shares in the last quarter. Junto Capital Management LP purchased a new position in Rollins in the fourth quarter worth $37,063,000. Finally, Gen Wealth Partners Inc grew its position in Rollins by 33.9% in the fourth quarter. Gen Wealth Partners Inc now owns 15,330 shares of the business services provider's stock worth $711,000 after acquiring an additional 3,881 shares in the last quarter. Institutional investors own 51.79% of the company's stock.

Rollins Trading Up 0.8%

NYSE ROL traded up $0.47 during trading on Tuesday, hitting $57.34. 1,523,190 shares of the company's stock traded hands, compared to its average volume of 1,742,968. The stock has a fifty day moving average of $55.08 and a two-hundred day moving average of $51.40. 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 12-month low of $45.00 and a 12-month high of $57.63. The firm has a market cap of $27.79 billion, a P/E ratio of 59.73 and a beta of 0.79.

Rollins (NYSE:ROL - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The business services provider reported $0.22 earnings per share (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 business had revenue of $822.50 million during the quarter, compared to analyst estimates of $817.09 million. During the same period in the prior year, the business posted $0.20 earnings per share. The company's revenue was up 9.9% on a year-over-year basis. As a group, sell-side analysts expect that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.66 annualized dividend and a yield of 1.15%. Rollins's payout ratio is 66.67%.

Analyst Ratings Changes

ROL has been the subject of several research reports. Barclays upped their target price on shares of Rollins from $50.00 to $55.00 and gave the stock an "equal weight" rating in a research report on Friday, April 4th. The Goldman Sachs Group set a $61.00 target price on shares of Rollins and gave the stock a "buy" rating in a research report on Thursday, April 24th. Canaccord Genuity Group upped their target price on shares of Rollins from $49.00 to $50.00 and gave the stock a "hold" rating in a research report on Friday, April 25th. Morgan Stanley upped their target price on shares of Rollins from $48.00 to $50.00 and gave the stock an "equal weight" rating in a research report on Friday, February 14th. Finally, Wall Street Zen upgraded shares of Rollins from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $55.57.

Insider Buying and Selling at Rollins

In other news, insider Traci Hornfeck sold 3,224 shares of the stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total transaction of $171,194.40. Following the completion of the sale, 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Thomas D. Tesh sold 1,921 shares of the stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $51.78, for a total transaction of $99,469.38. Following the sale, the insider now owns 41,173 shares of the company's stock, valued at approximately $2,131,937.94. This represents a 4.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,987 shares of company stock worth $480,725 over the last three months. Company 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.