UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Stock Holdings in Rollins, Inc. (NYSE:ROL)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Rollins, Inc. (NYSE:ROL - Free Report) by 17.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,860,798 shares of the business services provider's stock after buying an additional 279,855 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.38% of Rollins worth $86,248,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Rollins by 9.7% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,192 shares of the business services provider's stock valued at $1,353,000 after buying an additional 2,574 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of Rollins by 169.6% in the fourth quarter. Jones Financial Companies Lllp now owns 2,658 shares of the business services provider's stock valued at $123,000 after purchasing an additional 1,672 shares during the last quarter. KBC Group NV boosted its stake in Rollins by 68.0% during the fourth quarter. KBC Group NV now owns 247,082 shares of the business services provider's stock worth $11,452,000 after buying an additional 99,990 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. increased its holdings in Rollins by 45.5% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 287,536 shares of the business services provider's stock valued at $13,327,000 after purchasing an additional 89,899 shares in the last quarter. Finally, Exchange Traded Concepts LLC grew its holdings in Rollins by 203.0% during the 4th quarter. Exchange Traded Concepts LLC now owns 30,382 shares of the business services provider's stock worth $1,408,000 after acquiring an additional 20,354 shares during the period. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently weighed in on ROL shares. Canaccord Genuity Group raised their target price on shares of Rollins from $49.00 to $50.00 and gave the company a "hold" rating in a research report on Friday, April 25th. Barclays boosted their price objective on shares of Rollins from $50.00 to $55.00 and gave the company an "equal weight" rating in a research report on Friday, April 4th. Royal Bank of Canada lifted their target price on Rollins from $52.00 to $62.00 and gave the company an "outperform" rating in a research report on Thursday, April 17th. The Goldman Sachs Group set a $61.00 price target on shares of Rollins and gave the company a "buy" rating in a research note on Thursday, April 24th. Finally, Morgan Stanley upped their price objective on shares of Rollins from $48.00 to $50.00 and gave the stock an "equal weight" rating in a research report on Friday, February 14th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $55.57.

Rollins Trading Up 0.3%

Shares of ROL traded up $0.16 during trading hours on Thursday, hitting $56.90. 1,302,232 shares of the stock were exchanged, compared to its average volume of 1,741,358. The business has a 50-day moving average of $55.18 and a 200-day moving average of $51.44. Rollins, Inc. has a fifty-two week low of $45.00 and a fifty-two week high of $57.63. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62. The firm has a market capitalization of $27.58 billion, a P/E ratio of 59.27 and a beta of 0.79.

Rollins (NYSE:ROL - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The business services provider reported $0.22 earnings per share (EPS) for the quarter, meeting the consensus estimate 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 during the quarter, compared to the consensus estimate of $817.09 million. During the same quarter last year, the firm posted $0.20 EPS. Rollins's revenue was up 9.9% compared to the same quarter last year. On average, research analysts expect that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Dividend Announcement

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

Insider Transactions at Rollins

In related 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 completion of the sale, the insider now owns 41,173 shares of the company's stock, valued at approximately $2,131,937.94. This trade represents a 4.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Traci Hornfeck sold 3,224 shares of Rollins 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. The trade was a 25.14% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,987 shares of company stock valued at $480,725 over the last ninety days. 4.47% of the stock is currently 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.