Rollins, Inc. (NYSE:ROL) Shares Acquired by Yarbrough Capital LLC

Yarbrough Capital LLC grew its stake in Rollins, Inc. (NYSE:ROL - Free Report) by 46.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,071 shares of the business services provider's stock after buying 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 made changes to their positions in the stock. Murphy & Mullick Capital Management Corp acquired a new stake in Rollins during the fourth quarter valued at $29,000. Centricity Wealth Management LLC acquired a new stake in Rollins during the fourth quarter worth about $31,000. Mizuho Bank Ltd. purchased a new stake in Rollins in the fourth quarter valued at $37,000. Atala Financial Inc purchased a new stake in shares of Rollins in the 4th quarter valued at approximately $47,000. Finally, Colonial Trust Co SC lifted its stake in Rollins by 61.3% during the 4th quarter. Colonial Trust Co SC now owns 1,081 shares of the business services provider's stock worth $50,000 after acquiring an additional 411 shares in the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Rollins news, insider Thomas D. Tesh sold 1,921 shares of the firm's stock in a transaction dated Thursday, April 10th. The shares were sold at an average price of $52.81, for a total transaction of $101,448.01. Following the completion of the transaction, the insider now directly owns 39,640 shares in the company, valued at approximately $2,093,388.40. This trade represents a 4.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman John F. Wilson sold 40,000 shares of the company's stock in a transaction dated 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 now directly owns 662,727 shares in the company, valued at $37,623,011.79. This trade represents a 5.69% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 43,842 shares of company stock worth $2,480,861 over the last 90 days. 4.47% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

ROL has been the subject of a number of analyst reports. Morgan Stanley boosted their price objective on Rollins from $48.00 to $50.00 and gave the stock an "equal weight" rating in a research report on Friday, February 14th. The Goldman Sachs Group set a $61.00 target price on Rollins and gave the stock a "buy" rating in a research note on Thursday, April 24th. Wall Street Zen upgraded shares of Rollins from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. Royal Bank of Canada upped their price target on shares of Rollins from $52.00 to $62.00 and gave the company an "outperform" rating in a research report on Thursday, April 17th. Finally, Canaccord Genuity Group raised their price objective on shares of Rollins from $49.00 to $50.00 and gave the stock a "hold" rating in a research report on Friday, April 25th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $57.38.

Rollins Price Performance

Shares of NYSE:ROL traded up $0.06 on Wednesday, reaching $56.93. 1,224,005 shares of the company were exchanged, compared to its average volume of 1,749,933. The company has a 50-day moving average of $55.88 and a 200-day moving average of $51.90. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30. The firm has a market cap of $27.59 billion, a price-to-earnings ratio of 59.31 and a beta of 0.77. 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 posted its quarterly earnings results on Wednesday, April 23rd. The business services provider reported $0.22 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.22. The company had revenue of $822.50 million during the quarter, compared to the consensus estimate of $817.09 million. Rollins had a net margin of 13.76% and a return on equity of 37.94%. The company's revenue for the quarter was up 9.9% on a year-over-year basis. During the same period last year, the firm earned $0.20 EPS. Equities analysts forecast that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Monday, May 12th were issued a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 1.16%. The ex-dividend date of this dividend was Monday, May 12th. Rollins's dividend payout ratio (DPR) is 66.67%.

Rollins Company 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.