Jump Financial LLC Lowers Stake in Rollins, Inc. (NYSE:ROL)

Jump Financial LLC trimmed its position in Rollins, Inc. (NYSE:ROL - Free Report) by 85.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,440 shares of the business services provider's stock after selling 25,804 shares during the period. Jump Financial LLC's holdings in Rollins were worth $206,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Ontario Teachers Pension Plan Board boosted its stake in Rollins by 28.6% during the fourth quarter. Ontario Teachers Pension Plan Board now owns 18,871 shares of the business services provider's stock valued at $875,000 after buying an additional 4,194 shares during the period. Guggenheim Capital LLC boosted its position in shares of Rollins by 16.9% during the 4th quarter. Guggenheim Capital LLC now owns 4,729 shares of the business services provider's stock valued at $219,000 after acquiring an additional 684 shares during the last quarter. Aware Super Pty Ltd as trustee of Aware Super purchased a new position in shares of Rollins during the fourth quarter worth about $26,841,000. Canada Post Corp Registered Pension Plan bought a new position in shares of Rollins in the fourth quarter worth approximately $134,000. Finally, XTX Topco Ltd purchased a new stake in Rollins in the fourth quarter valued at approximately $461,000. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Rollins

In other news, insider Thomas D. Tesh sold 1,921 shares of Rollins stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $51.78, for a total transaction of $99,469.38. Following the sale, the insider now owns 41,173 shares of the company's stock, valued at approximately $2,131,937.94. The trade was a 4.46 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Traci Hornfeck sold 3,224 shares of the stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total transaction of $171,194.40. Following the completion of the transaction, the insider now directly owns 9,602 shares of the company's stock, valued at approximately $509,866.20. The trade was a 25.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 20,259 shares of company stock worth $1,047,330. 4.47% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Morgan Stanley boosted their price target on shares of Rollins from $48.00 to $50.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. Canaccord Genuity Group upped their target price 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. StockNews.com raised Rollins from a "hold" rating to a "buy" rating in a research note on Thursday, April 17th. The Goldman Sachs Group set a $61.00 price target on Rollins and gave the stock a "buy" rating in a research note on Thursday, April 24th. Finally, Royal Bank of Canada increased their price objective on Rollins from $52.00 to $62.00 and gave the company an "outperform" rating in a research report on Thursday, April 17th. Four equities research 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 company has a consensus rating of "Moderate Buy" and an average target price of $55.57.

Rollins Trading Up 0.6 %

NYSE ROL traded up $0.35 during trading on Friday, hitting $56.42. 433,503 shares of the company's stock traded hands, compared to its average volume of 1,708,947. The stock has a fifty day moving average of $53.34 and a two-hundred day moving average of $50.37. Rollins, Inc. has a 12-month low of $44.37 and a 12-month high of $57.20. The firm has a market cap of $27.34 billion, a P/E ratio of 58.75 and a beta of 0.80. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62.

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, hitting the consensus estimate of $0.22. The business had revenue of $822.50 million for the quarter, compared to analyst estimates of $817.09 million. Rollins had a return on equity of 37.94% and a net margin of 13.76%. Rollins's revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period last year, the company earned $0.20 EPS. As a group, sell-side analysts expect that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Monday, May 12th will be given a dividend of $0.165 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.66 annualized dividend and a yield of 1.17%. Rollins's payout ratio is currently 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.