Siemens Fonds Invest GmbH Cuts Stock Position in Rollins, Inc. (NYSE:ROL)

Siemens Fonds Invest GmbH cut its holdings in Rollins, Inc. (NYSE:ROL - Free Report) by 71.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,768 shares of the business services provider's stock after selling 9,598 shares during the quarter. Siemens Fonds Invest GmbH's holdings in Rollins were worth $175,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Keel Point LLC lifted its position in Rollins by 5.1% in the fourth quarter. Keel Point LLC now owns 5,397 shares of the business services provider's stock worth $250,000 after buying an additional 262 shares during the last quarter. Kensington Investment Counsel LLC lifted its position in Rollins by 0.7% in the fourth quarter. Kensington Investment Counsel LLC now owns 38,120 shares of the business services provider's stock worth $1,767,000 after buying an additional 263 shares during the last quarter. New York Life Investment Management LLC lifted its position in Rollins by 0.7% in the fourth quarter. New York Life Investment Management LLC now owns 37,794 shares of the business services provider's stock worth $1,752,000 after buying an additional 274 shares during the last quarter. SRS Capital Advisors Inc. lifted its position in Rollins by 25.7% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider's stock worth $66,000 after buying an additional 292 shares during the last quarter. Finally, Mather Group LLC. lifted its position in Rollins by 9.8% in the fourth quarter. Mather Group LLC. now owns 3,325 shares of the business services provider's stock worth $154,000 after buying an additional 298 shares during the last quarter. 51.79% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Rollins

In other Rollins news, insider Thomas D. Tesh sold 1,921 shares of Rollins stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $51.78, for a total value of $99,469.38. Following the transaction, the insider now owns 41,173 shares in the company, valued at $2,131,937.94. The trade was a 4.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Elizabeth B. Chandler sold 13,193 shares of Rollins stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $51.18, for a total value of $675,217.74. Following the completion of the transaction, the insider now owns 76,526 shares in the company, valued at $3,916,600.68. This trade represents a 14.70% decrease in their position. The disclosure for this sale can be found here. Insiders sold 22,180 shares of company stock worth $1,155,943 over the last three months. 4.47% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

ROL has been the subject of a number of analyst reports. The Goldman Sachs Group set a $61.00 price target on Rollins and gave the stock a "buy" rating in a research report on Thursday, April 24th. Barclays raised their price target on Rollins from $50.00 to $55.00 and gave the stock an "equal weight" rating in a research report on Friday, April 4th. StockNews.com upgraded Rollins from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. Canaccord Genuity Group lifted their target price on Rollins from $49.00 to $50.00 and gave the stock a "hold" rating in a research report on Friday, April 25th. Finally, Morgan Stanley lifted their target price on Rollins from $48.00 to $50.00 and gave the stock an "equal weight" rating in a research report on Friday, February 14th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $55.57.

Rollins Stock Up 1.2%

NYSE:ROL opened at $57.04 on Monday. Rollins, Inc. has a twelve month low of $45.00 and a twelve month high of $57.43. The company has a market cap of $27.64 billion, a price-to-earnings ratio of 59.42 and a beta of 0.79. The stock has a fifty day simple moving average of $54.29 and a 200-day simple moving average of $51.00. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30.

Rollins (NYSE:ROL - Get Free Report) last released its earnings results on Wednesday, April 23rd. The business services provider reported $0.22 earnings per share for the quarter, hitting the consensus estimate of $0.22. The business had revenue of $822.50 million during the quarter, compared to the consensus estimate 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 period last year, the company earned $0.20 earnings per share. Analysts anticipate that Rollins, Inc. will post 1.09 EPS 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 is Monday, May 12th. This represents a $0.66 annualized dividend and a dividend yield of 1.16%. Rollins's payout ratio is currently 66.67%.

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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