Signaturefd LLC Has $8.37 Million Position in Rollins, Inc. (NYSE:ROL)

Signaturefd LLC trimmed its holdings in shares of Rollins, Inc. (NYSE:ROL - Free Report) by 2.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 154,879 shares of the business services provider's stock after selling 4,545 shares during the period. Signaturefd LLC's holdings in Rollins were worth $8,368,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of ROL. City Holding Co. acquired a new position in shares of Rollins in the 1st quarter valued at about $27,000. Murphy & Mullick Capital Management Corp purchased a new position in Rollins during the fourth quarter valued at approximately $29,000. Mizuho Bank Ltd. acquired a new position in Rollins in the 4th quarter valued at approximately $37,000. CVA Family Office LLC lifted its position in Rollins by 73.0% in the 1st quarter. CVA Family Office LLC now owns 806 shares of the business services provider's stock worth $44,000 after buying an additional 340 shares in the last quarter. Finally, Colonial Trust Co SC boosted its stake in shares of Rollins by 61.3% during the 4th quarter. Colonial Trust Co SC now owns 1,081 shares of the business services provider's stock valued at $50,000 after buying an additional 411 shares during the period. 51.79% of the stock is owned by hedge funds and other institutional investors.

Rollins Stock Up 0.9%

Rollins stock traded up $0.48 during midday trading on Monday, reaching $55.74. The stock had a trading volume of 1,024,517 shares, compared to its average volume of 1,917,579. The stock has a market capitalization of $27.01 billion, a P/E ratio of 56.30 and a beta of 0.75. The firm's fifty day simple moving average is $56.66 and its 200-day simple moving average is $53.13. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.81 and a current ratio of 0.87. Rollins, Inc. has a 1-year low of $45.34 and a 1-year high of $58.65.

Rollins (NYSE:ROL - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $0.22 earnings per share for the quarter, meeting the consensus estimate of $0.22. The company had revenue of $822.50 million during the quarter, compared to analysts' expectations of $817.09 million. Rollins had a return on equity of 37.31% and a net margin of 13.78%. Rollins's revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.20 EPS. As a group, analysts expect that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Monday, May 12th were paid a $0.165 dividend. The ex-dividend date of this dividend was Monday, May 12th. This represents a $0.66 annualized dividend and a yield of 1.18%. Rollins's dividend payout ratio is 66.67%.

Insider Buying and Selling

In related news, insider Thomas D. Tesh sold 1,921 shares of Rollins stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of $56.54, for a total transaction of $108,613.34. Following the completion of the sale, the insider directly owned 38,028 shares of the company's stock, valued at approximately $2,150,103.12. This trade represents a 4.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman John F. Wilson sold 40,000 shares of Rollins stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $56.77, for a total value of $2,270,800.00. Following the sale, the chairman directly owned 662,727 shares of the company's stock, valued at $37,623,011.79. This represents a 5.69% decrease in their position. The disclosure for this sale can be found here. Company insiders own 4.47% of the company's stock.

Analyst Upgrades and Downgrades

ROL has been the subject of several research reports. Piper Sandler started coverage on Rollins in a report on Tuesday, July 1st. They set an "overweight" rating and a $70.00 price target for the company. Royal Bank Of Canada lifted their target price on shares of Rollins from $52.00 to $62.00 and gave the company an "outperform" rating in a research note on Thursday, April 17th. Barclays increased their price target 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 raised shares of Rollins from a "hold" rating to a "buy" rating in a research note on Thursday, April 17th. Finally, Argus initiated coverage on shares of Rollins in a research report on Wednesday, June 18th. They set a "buy" rating and a $68.00 target price on the stock. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $60.50.

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.