Rollins, Inc. $ROL Shares Sold by Conestoga Capital Advisors LLC

Conestoga Capital Advisors LLC trimmed its position in Rollins, Inc. (NYSE:ROL - Free Report) by 1.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,081,675 shares of the business services provider's stock after selling 20,600 shares during the period. Conestoga Capital Advisors LLC owned about 0.22% of Rollins worth $61,028,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. GW&K Investment Management LLC boosted its holdings in Rollins by 961.4% in the 1st quarter. GW&K Investment Management LLC now owns 605 shares of the business services provider's stock worth $33,000 after buying an additional 548 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in Rollins by 75.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 870 shares of the business services provider's stock worth $47,000 after buying an additional 375 shares during the last quarter. National Pension Service boosted its holdings in Rollins by 75.0% in the 1st quarter. National Pension Service now owns 1,078 shares of the business services provider's stock worth $58,000 after buying an additional 462 shares during the last quarter. HM Payson & Co. acquired a new stake in Rollins in the 1st quarter worth about $63,000. Finally, Ameritas Advisory Services LLC acquired a new stake in Rollins in the 2nd quarter worth about $77,000. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently weighed in on ROL shares. Barclays boosted their target price on Rollins from $55.00 to $60.00 and gave the stock an "equal weight" rating in a report on Friday, July 25th. Zacks Research cut Rollins from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 13th. Wells Fargo & Company restated an "overweight" rating and set a $65.00 target price (up from $63.00) on shares of Rollins in a report on Wednesday, June 25th. UBS Group boosted their target price on Rollins from $59.00 to $61.00 and gave the stock a "neutral" rating in a report on Friday, July 25th. Finally, JPMorgan Chase & Co. started coverage on Rollins in a report on Friday, September 26th. They set an "overweight" rating and a $70.00 target price on the stock. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Rollins currently has an average rating of "Moderate Buy" and an average target price of $62.18.

Rollins Stock Up 1.1%

ROL stock opened at $55.85 on Monday. The firm has a market cap of $27.07 billion, a PE ratio of 55.30 and a beta of 0.69. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.63 and a current ratio of 0.68. The firm's 50 day moving average price is $57.05 and its 200-day moving average price is $56.51. Rollins, Inc. has a one year low of $45.34 and a one year high of $59.12.

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

Rollins Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Monday, August 11th were given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Monday, August 11th. Rollins's payout ratio is presently 65.35%.

Insider Activity at Rollins

In other news, Chairman John F. Wilson sold 30,000 shares of Rollins stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $58.04, for a total transaction of $1,741,200.00. Following the sale, the chairman owned 632,727 shares of the company's stock, valued at approximately $36,723,475.08. The trade was a 4.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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.

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