Pacific Point Advisors LLC Buys Shares of 26,287 Rollins, Inc. (NYSE:ROL)

Pacific Point Advisors LLC acquired a new position in Rollins, Inc. (NYSE:ROL - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 26,287 shares of the business services provider's stock, valued at approximately $1,290,000.

Several other large investors have also recently made changes to their positions in the stock. Murphy & Mullick Capital Management Corp acquired a new stake in Rollins during the 4th quarter worth approximately $29,000. Centricity Wealth Management LLC acquired a new stake in Rollins during the 4th quarter worth approximately $31,000. Mizuho Bank Ltd. purchased a new stake in shares of Rollins in the 4th quarter valued at approximately $37,000. Atala Financial Inc purchased a new stake in shares of Rollins in the 4th quarter valued at approximately $47,000. Finally, Colonial Trust Co SC increased its position in shares of Rollins by 61.3% in the 4th quarter. Colonial Trust Co SC now owns 1,081 shares of the business services provider's stock valued at $50,000 after purchasing an additional 411 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Rollins

In other news, insider Thomas D. Tesh sold 1,921 shares of the company's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $51.78, for a total transaction 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. This represents a 4.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 transaction, the insider now owns 9,602 shares of the company's stock, valued at $509,866.20. This represents a 25.14% decrease in their position. 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. Corporate insiders own 4.47% of the company's stock.

Rollins Price Performance

Rollins stock opened at $56.75 on Friday. 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, Inc. has a 1 year low of $45.00 and a 1 year high of $57.63. The firm has a 50 day moving average price of $54.77 and a 200 day moving average price of $51.22. The company has a market cap of $27.50 billion, a price-to-earnings ratio of 59.12 and a beta of 0.79.

Rollins (NYSE:ROL - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The business services provider reported $0.22 EPS for the quarter, hitting analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $817.09 million. During the same period in the previous year, the company posted $0.20 earnings per share. The business's revenue for the quarter was up 9.9% compared to the same quarter last year. Sell-side analysts predict that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Announces Dividend

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 issued a $0.165 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.66 annualized dividend and a yield of 1.16%. Rollins's dividend payout ratio is presently 66.67%.

Wall Street Analyst Weigh In

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

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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