Yarbrough Capital LLC Has $1.19 Million Stake in Rollins, Inc. (NYSE:ROL)

Yarbrough Capital LLC raised its stake in Rollins, Inc. (NYSE:ROL - Free Report) by 46.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,071 shares of the business services provider's stock after purchasing an additional 7,044 shares during the period. Yarbrough Capital LLC's holdings in Rollins were worth $1,192,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of ROL. Murphy & Mullick Capital Management Corp acquired a new position in shares of Rollins in the fourth quarter valued at $29,000. Centricity Wealth Management LLC acquired a new position in shares of Rollins in the fourth quarter valued at $31,000. Mizuho Bank Ltd. acquired a new position in shares of Rollins in the fourth quarter valued at $37,000. Atala Financial Inc acquired a new position in shares of Rollins in the fourth quarter valued at $47,000. Finally, Colonial Trust Co SC increased its holdings in shares of Rollins by 61.3% in the fourth 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 during the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have commented on ROL shares. Jefferies Financial Group upgraded shares of Rollins from a "hold" rating to a "buy" rating and upped their price objective for the company from $55.00 to $65.00 in a report on Monday, June 2nd. Canaccord Genuity Group upped their price objective on shares of Rollins from $49.00 to $50.00 and gave the company a "hold" rating in a report on Friday, April 25th. Wall Street Zen raised shares of Rollins from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. Barclays boosted their target price 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. Finally, The Goldman Sachs Group set a $61.00 target price on shares of Rollins and gave the company a "buy" rating in a research report on Thursday, April 24th. Four analysts have rated the stock with a hold rating and five have assigned 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 $56.75.

Insider Transactions at Rollins

In related news, insider Thomas D. Tesh sold 1,921 shares of the firm's stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of $56.54, for a total value of $108,613.34. Following the completion of the transaction, the insider now owns 38,028 shares in the company, valued at $2,150,103.12. This trade represents a 4.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman John F. Wilson sold 40,000 shares of the firm's stock in a transaction that occurred 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 transaction, the chairman now owns 662,727 shares of the company's stock, valued at approximately $37,623,011.79. This trade represents a 5.69% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 45,763 shares of company stock valued at $2,580,331. 4.47% of the stock is currently owned by insiders.

Rollins Stock Down 0.1%

ROL stock opened at $57.78 on Friday. The stock has a market capitalization of $28.00 billion, a P/E ratio of 60.18 and a beta of 0.77. 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, Inc. has a 12 month low of $45.34 and a 12 month high of $58.65. The firm has a 50-day moving average price of $55.82 and a 200-day moving average price of $51.79.

Rollins (NYSE:ROL - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The business services provider reported $0.22 EPS for the quarter, hitting analysts' consensus estimates of $0.22. The firm had revenue of $822.50 million during the quarter, compared to analysts' expectations of $817.09 million. Rollins had a net margin of 13.76% and a return on equity of 37.94%. The business's revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.20 earnings per share. As a group, equities research analysts anticipate that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders 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 1.14%. Rollins's dividend payout ratio (DPR) is currently 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.

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