Captrust Financial Advisors Sells 10,678 Shares of Rollins, Inc. (NYSE:ROL)

Captrust Financial Advisors lowered its position in Rollins, Inc. (NYSE:ROL - Free Report) by 42.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,401 shares of the business services provider's stock after selling 10,678 shares during the quarter. Captrust Financial Advisors' holdings in Rollins were worth $667,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Murphy & Mullick Capital Management Corp acquired a new stake in Rollins in the fourth quarter valued at $29,000. Centricity Wealth Management LLC acquired a new stake in Rollins in the fourth quarter valued at $31,000. Mizuho Bank Ltd. acquired a new stake in Rollins in the fourth quarter valued at $37,000. Atala Financial Inc acquired a new stake in Rollins in the fourth quarter valued at $47,000. Finally, Headlands Technologies LLC lifted its stake in Rollins by 425.1% in the fourth quarter. Headlands Technologies LLC now owns 1,402 shares of the business services provider's stock valued at $65,000 after acquiring an additional 1,135 shares during the last quarter. Institutional investors and hedge funds own 51.79% of the company's stock.

Rollins Stock Performance

NYSE:ROL traded up $0.11 during mid-day trading on Friday, reaching $56.86. 1,332,831 shares of the company's stock were exchanged, compared to its average volume of 1,741,742. Rollins, Inc. has a one year low of $45.00 and a one year high of $57.63. The firm has a market capitalization of $27.56 billion, a PE ratio of 59.23 and a beta of 0.79. The business's fifty day simple moving average is $54.87 and its two-hundred day simple moving average is $51.28. 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 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 analyst estimates of $817.09 million. During the same period last year, the firm earned $0.20 earnings per share. Rollins's revenue for the quarter was up 9.9% compared to the same quarter last year. Analysts anticipate that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Monday, May 12th will be issued a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 1.16%. The ex-dividend date of this dividend is Monday, May 12th. Rollins's dividend payout ratio is currently 66.67%.

Insider Buying and Selling at Rollins

In other Rollins news, insider Traci Hornfeck sold 3,224 shares of the firm's stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total value of $171,194.40. Following the transaction, the insider now directly owns 9,602 shares of the company's stock, valued at $509,866.20. This trade represents a 25.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Thomas D. Tesh sold 1,921 shares of the firm's stock in a transaction dated 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 transaction, the insider now directly owns 38,028 shares in the company, valued at approximately $2,150,103.12. This represents a 4.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,987 shares of company stock valued at $480,725 in the last ninety days. 4.47% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms have recently issued reports on ROL. Canaccord Genuity Group raised their target price on shares of Rollins from $49.00 to $50.00 and gave the stock a "hold" rating in a research note on Friday, April 25th. Barclays raised their target price on shares of Rollins from $50.00 to $55.00 and gave the stock an "equal weight" rating in a research note on Friday, April 4th. Wall Street Zen upgraded shares of Rollins from a "hold" rating to a "buy" 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 stock a "buy" rating in a research note on Thursday, April 24th. Finally, 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. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $55.57.

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.