Rollins, Inc. (NYSE:ROL) Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH lessened its holdings in shares of Rollins, Inc. (NYSE:ROL - Free Report) by 16.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,467,439 shares of the business services provider's stock after selling 296,245 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.30% of Rollins worth $79,286,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of ROL. KFG Wealth Management LLC lifted its position in Rollins by 1.9% in the 1st quarter. KFG Wealth Management LLC now owns 11,305 shares of the business services provider's stock valued at $611,000 after acquiring an additional 211 shares in the last quarter. Pittenger & Anderson Inc. raised its stake in Rollins by 1.7% during the 1st quarter. Pittenger & Anderson Inc. now owns 13,135 shares of the business services provider's stock valued at $710,000 after buying an additional 214 shares during the last quarter. Allworth Financial LP increased its stake in shares of Rollins by 11.0% in the 1st quarter. Allworth Financial LP now owns 2,317 shares of the business services provider's stock worth $129,000 after purchasing an additional 230 shares in the last quarter. QRG Capital Management Inc. increased its stake in shares of Rollins by 3.2% in the 1st quarter. QRG Capital Management Inc. now owns 8,195 shares of the business services provider's stock worth $443,000 after purchasing an additional 251 shares in the last quarter. Finally, Keel Point LLC increased its stake in shares of Rollins by 5.1% in the 4th quarter. Keel Point LLC now owns 5,397 shares of the business services provider's stock worth $250,000 after purchasing an additional 262 shares in the last quarter. Hedge funds and other institutional investors own 51.79% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Piper Sandler started coverage on Rollins in a research note on Tuesday, July 1st. They issued an "overweight" rating and a $70.00 price target for the company. The Goldman Sachs Group set a $61.00 price objective on shares of Rollins and gave the stock a "buy" rating in a research note on Thursday, April 24th. Jefferies Financial Group raised shares of Rollins from a "hold" rating to a "buy" rating and raised their price objective for the stock from $55.00 to $65.00 in a research note on Monday, June 2nd. Wall Street Zen raised shares of Rollins from a "hold" rating to a "buy" rating in a research note on Thursday, April 17th. Finally, 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. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $60.50.

Insider Buying and Selling at Rollins

In related news, insider Thomas D. Tesh sold 1,921 shares of the business's stock in a transaction on Friday, May 9th. The shares were sold at an average price of $56.54, for a total transaction of $108,613.34. Following the completion of the transaction, the insider owned 38,028 shares in the company, valued at approximately $2,150,103.12. The trade was a 4.81% decrease in their ownership of the stock. The sale 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 the business's stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $56.77, for a total transaction of $2,270,800.00. Following the completion of the sale, the chairman directly owned 662,727 shares of the company's stock, valued at approximately $37,623,011.79. This trade represents a 5.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 4.47% of the company's stock.

Rollins Trading Up 5.2%

NYSE ROL traded up $2.89 on Thursday, reaching $58.05. The stock had a trading volume of 3,469,836 shares, compared to its average volume of 1,920,310. The firm has a market capitalization of $28.14 billion, a price-to-earnings ratio of 58.64 and a beta of 0.75. The company has a quick ratio of 0.81, a current ratio of 0.87 and a debt-to-equity ratio of 0.36. Rollins, Inc. has a 12-month low of $45.34 and a 12-month high of $58.65. The stock has a fifty day moving average price of $56.56 and a two-hundred day moving average price of $53.55.

Rollins (NYSE:ROL - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The business services provider reported $0.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.29 by $0.01. The company had revenue of $999.53 million for the quarter, compared to analyst estimates of $988.77 million. Rollins had a return on equity of 37.31% and a net margin of 13.78%. The firm's quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.27 earnings per share. As a group, sell-side analysts forecast that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Monday, August 11th will be paid a $0.165 dividend. The ex-dividend date of this dividend is Monday, August 11th. This represents a $0.66 annualized dividend and a dividend yield of 1.14%. Rollins's dividend payout ratio (DPR) is 66.67%.

About Rollins

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.