Rollins, Inc. (NYSE:ROL) Position Raised by Shell Asset Management Co.

Shell Asset Management Co. lifted its stake in Rollins, Inc. (NYSE:ROL - Free Report) by 42.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,430 shares of the business services provider's stock after buying an additional 7,232 shares during the period. Shell Asset Management Co.'s holdings in Rollins were worth $1,132,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of ROL. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Rollins during the fourth quarter valued at about $29,000. Centricity Wealth Management LLC acquired a new stake in Rollins during the 4th quarter valued at approximately $31,000. Mizuho Bank Ltd. acquired a new stake in Rollins during the 4th quarter valued at approximately $37,000. Atala Financial Inc purchased a new stake in Rollins during the 4th quarter worth approximately $47,000. Finally, Colonial Trust Co SC raised 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 in the last quarter. Institutional investors and hedge funds own 51.79% of the company's stock.

Wall Street Analyst Weigh In

ROL has been the subject of several recent analyst reports. StockNews.com raised shares of Rollins from a "hold" rating to a "buy" rating in a report on Thursday, April 17th. The Goldman Sachs Group set a $61.00 price objective on Rollins and gave the company a "buy" rating in a report on Thursday, April 24th. Canaccord Genuity Group increased their target price on Rollins from $49.00 to $50.00 and gave the stock a "hold" rating in a report on Friday, April 25th. Royal Bank of Canada boosted their price target on Rollins from $52.00 to $62.00 and gave the company an "outperform" rating in a report on Thursday, April 17th. Finally, Morgan Stanley raised their price objective on Rollins from $48.00 to $50.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $55.57.

Rollins Stock Performance

ROL stock traded down $0.29 during midday trading on Wednesday, reaching $57.02. The company had a trading volume of 1,374,355 shares, compared to its average volume of 1,740,205. The firm has a market capitalization of $27.63 billion, a PE ratio of 59.39 and a beta of 0.79. The stock has a 50 day moving average price of $54.56 and a 200 day moving average price of $51.12. Rollins, Inc. has a fifty-two week low of $45.00 and a fifty-two week high of $57.63. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30.

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 analysts' consensus estimates of $0.22. The business had revenue of $822.50 million during the quarter, compared to analyst estimates of $817.09 million. Rollins had a return on equity of 37.94% and a net margin of 13.76%. The business's revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.20 EPS. Analysts anticipate that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Dividend Announcement

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.16%. Rollins's dividend payout ratio (DPR) is presently 66.67%.

Insider Activity at Rollins

In other news, insider Thomas D. Tesh sold 1,921 shares of the business's stock in a transaction that occurred on Monday, March 10th. The stock was 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 directly owns 41,173 shares in the company, valued at approximately $2,131,937.94. The trade was a 4.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Traci Hornfeck sold 3,224 shares of the stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total value of $171,194.40. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 22,180 shares of company stock worth $1,155,943 in the last ninety days. 4.47% of the stock is owned by insiders.

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.