Rollins, Inc. (NYSE:ROL) is Crown Oak Advisors LLC's 6th Largest Position

Crown Oak Advisors LLC lifted its position in shares of Rollins, Inc. (NYSE:ROL - Free Report) by 4.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 215,797 shares of the business services provider's stock after acquiring an additional 8,855 shares during the period. Rollins makes up approximately 5.9% of Crown Oak Advisors LLC's portfolio, making the stock its 6th largest position. Crown Oak Advisors LLC's holdings in Rollins were worth $11,660,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in ROL. Norges Bank bought a new stake in Rollins during the fourth quarter valued at approximately $176,784,000. Marshall Wace LLP boosted its position in shares of Rollins by 389.2% in the fourth quarter. Marshall Wace LLP now owns 2,770,131 shares of the business services provider's stock worth $128,396,000 after purchasing an additional 2,203,859 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Rollins in the fourth quarter worth approximately $81,747,000. Raymond James Financial Inc. bought a new stake in shares of Rollins during the 4th quarter valued at $74,249,000. Finally, Geode Capital Management LLC raised its position in shares of Rollins by 17.6% during the 4th quarter. Geode Capital Management LLC now owns 8,557,923 shares of the business services provider's stock valued at $395,819,000 after purchasing an additional 1,282,508 shares during the period. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ROL has been the subject of a number of analyst reports. Argus assumed coverage on Rollins in a research note on Wednesday. They issued a "buy" rating and a $68.00 price target for the company. Wall Street Zen upgraded Rollins from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. Royal Bank Of Canada boosted 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. Barclays boosted their price objective on Rollins from $50.00 to $55.00 and gave the company an "equal weight" rating in a report on Friday, April 4th. Finally, Wells Fargo & Company lifted their price target on shares of Rollins from $62.00 to $63.00 and gave the company an "overweight" rating in a research note on Wednesday, June 11th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $58.56.

Rollins Stock Down 0.6%

Rollins stock traded down $0.35 during mid-day trading on Thursday, reaching $56.06. 1,772,856 shares of the company's stock were exchanged, compared to its average volume of 1,757,012. Rollins, Inc. has a twelve month low of $45.34 and a twelve month high of $58.65. The company has a market cap of $27.17 billion, a P/E ratio of 56.62 and a beta of 0.77. The company has a quick ratio of 0.81, a current ratio of 0.87 and a debt-to-equity ratio of 0.36. The company has a fifty day moving average of $56.47 and a 200-day moving average of $52.13.

Rollins (NYSE:ROL - Get Free Report) last released its quarterly earnings data 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. The company had revenue of $822.50 million during the quarter, compared to the consensus estimate of $817.09 million. Rollins had a net margin of 13.78% and a return on equity of 37.31%. Rollins's revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.20 earnings per share. Sell-side analysts expect that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Monday, May 12th were issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date was Monday, May 12th. Rollins's dividend payout ratio is currently 66.67%.

Insider Buying and Selling at Rollins

In other Rollins news, insider Thomas D. Tesh sold 1,921 shares of the business's stock in a transaction on Friday, May 9th. The shares were sold at an average price of $56.54, for a total transaction of $108,613.34. Following the completion of the sale, the insider now owns 38,028 shares in the company, valued at $2,150,103.12. The trade was a 4.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Chairman John F. Wilson sold 40,000 shares of the 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 completion of the sale, the chairman now directly owns 662,727 shares in the company, valued at approximately $37,623,011.79. This trade represents a 5.69% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 43,842 shares of company stock valued at $2,480,861. Insiders own 4.47% of the company's stock.

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.