Rollins, Inc. (NYSE:ROL) Shares Purchased by MML Investors Services LLC

MML Investors Services LLC grew its stake in shares of Rollins, Inc. (NYSE:ROL - Free Report) by 9.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 57,494 shares of the business services provider's stock after acquiring an additional 4,785 shares during the period. MML Investors Services LLC's holdings in Rollins were worth $2,665,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of ROL. Murphy & Mullick Capital Management Corp purchased a new stake in Rollins during the fourth quarter worth $29,000. Centricity Wealth Management LLC acquired a new position in shares of Rollins during the 4th quarter worth $31,000. Mizuho Bank Ltd. purchased a new stake in shares of Rollins in the 4th quarter worth about $37,000. Versant Capital Management Inc grew its stake in Rollins by 57.8% in the 4th quarter. Versant Capital Management Inc now owns 890 shares of the business services provider's stock valued at $41,000 after acquiring an additional 326 shares during the last quarter. Finally, Atala Financial Inc purchased a new position in Rollins during the 4th quarter valued at about $47,000. Hedge funds and other institutional investors own 51.79% of the company's stock.

Rollins Trading Up 0.7 %

Shares of NYSE ROL traded up $0.37 on Friday, reaching $56.44. 555,729 shares of the company traded hands, compared to its average volume of 1,998,711. Rollins, Inc. has a fifty-two week low of $44.85 and a fifty-two week high of $57.20. 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 company has a 50 day moving average of $53.34 and a 200 day moving average of $50.37. The stock has a market capitalization of $27.35 billion, a PE ratio of 58.79 and a beta of 0.80.

Rollins (NYSE:ROL - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $0.22 EPS for the quarter, hitting analysts' consensus estimates of $0.22. Rollins had a return on equity of 37.94% and a net margin of 13.76%. The company had revenue of $822.50 million for the quarter, compared to the consensus estimate of $817.09 million. During the same period last year, the business posted $0.20 EPS. The company's quarterly revenue was up 9.9% compared to the same quarter last year. On average, equities research analysts forecast that Rollins, Inc. will post 1.09 earnings per share for the current fiscal 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 dividend of $0.165 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.66 dividend on an annualized basis and a yield of 1.17%. Rollins's dividend payout ratio (DPR) is 66.67%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Morgan Stanley upped their price target on shares of Rollins from $48.00 to $50.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. UBS Group increased their target price on Rollins from $52.00 to $53.00 and gave the company a "neutral" rating in a report on Friday, January 17th. Royal Bank of Canada boosted their price target on Rollins from $52.00 to $62.00 and gave the stock an "outperform" rating in a report on Thursday, April 17th. Barclays upped their price objective on Rollins from $50.00 to $55.00 and gave the company an "equal weight" rating in a research report on Friday, April 4th. Finally, Canaccord Genuity Group lifted their price objective on 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 four have issued a buy rating to the company's stock. According to data from MarketBeat.com, Rollins currently has an average rating of "Moderate Buy" and a consensus price target of $55.57.

Insider Activity at Rollins

In related news, 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 value of $171,194.40. Following the completion of the transaction, the insider now owns 9,602 shares of the company's stock, valued at approximately $509,866.20. This represents a 25.14 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Elizabeth B. Chandler sold 13,193 shares of Rollins stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $51.18, for a total value of $675,217.74. Following the sale, the insider now owns 76,526 shares in the company, valued at $3,916,600.68. This represents a 14.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 20,259 shares of company stock worth $1,047,330. Corporate insiders own 4.47% of the company's stock.

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.