International Assets Investment Management LLC Boosts Stock Position in Rollins, Inc. (NYSE:ROL)

International Assets Investment Management LLC grew its position in Rollins, Inc. (NYSE:ROL - Free Report) by 3,780.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 73,759 shares of the business services provider's stock after purchasing an additional 71,858 shares during the period. International Assets Investment Management LLC's holdings in Rollins were worth $3,221,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Rollins by 18.7% during the third quarter. Vanguard Group Inc. now owns 32,020,007 shares of the business services provider's stock worth $1,195,307,000 after acquiring an additional 5,041,371 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its position in Rollins by 40.6% in the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 9,293,419 shares of the business services provider's stock valued at $346,923,000 after purchasing an additional 2,682,017 shares in the last quarter. Norges Bank bought a new position in Rollins in the fourth quarter valued at $84,675,000. Durable Capital Partners LP bought a new position in Rollins in the first quarter valued at $61,799,000. Finally, Morgan Stanley grew its position in Rollins by 78.8% in the fourth quarter. Morgan Stanley now owns 3,221,759 shares of the business services provider's stock valued at $117,723,000 after purchasing an additional 1,419,569 shares in the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have commented on ROL. Morgan Stanley began coverage on shares of Rollins in a research note on Thursday, December 21st. They issued an "equal weight" rating and a $42.00 price target for the company. StockNews.com upgraded shares of Rollins from a "hold" rating to a "buy" rating in a research note on Wednesday. The Goldman Sachs Group began coverage on shares of Rollins in a research note on Tuesday, January 2nd. They issued a "buy" rating and a $49.00 price target for the company. Royal Bank of Canada reiterated an "outperform" rating and issued a $52.00 price target on shares of Rollins in a research note on Thursday, February 15th. Finally, UBS Group reiterated a "neutral" rating and issued a $49.00 price target on shares of Rollins in a research note on Monday. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $46.83.

Rollins Stock Performance

Shares of NYSE ROL traded down $0.57 during mid-day trading on Thursday, reaching $42.44. 1,997,483 shares of the company were exchanged, compared to its average volume of 1,896,765. The company's 50-day simple moving average is $44.50 and its 200-day simple moving average is $41.82. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $20.56 billion, a P/E ratio of 48.23, a P/E/G ratio of 3.42 and a beta of 0.63. Rollins, Inc. has a twelve month low of $32.19 and a twelve month high of $47.45.

Rollins (NYSE:ROL - Get Free Report) last posted its earnings results on Wednesday, February 14th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.21. Rollins had a net margin of 14.15% and a return on equity of 35.97%. The company had revenue of $754.10 million during the quarter, compared to analysts' expectations of $753.40 million. During the same quarter last year, the company posted $0.17 EPS. Rollins's quarterly revenue was up 14.0% compared to the same quarter last year. As a group, research analysts predict that Rollins, Inc. will post 0.99 earnings per share for the current year.

Rollins Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Wednesday, February 21st were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.41%. The ex-dividend date was Tuesday, February 20th. Rollins's dividend payout ratio (DPR) is 68.18%.

Insiders Place Their Bets

In other Rollins news, insider Traci Hornfeck sold 2,677 shares of Rollins stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $43.48, for a total value of $116,395.96. Following the completion of the sale, the insider now owns 14,376 shares in the company, valued at approximately $625,068.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Rollins news, CFO Kenneth D. Krause sold 5,000 shares of the firm's stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $46.18, for a total value of $230,900.00. Following the transaction, the chief financial officer now directly owns 99,078 shares of the company's stock, valued at approximately $4,575,422.04. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Traci Hornfeck sold 2,677 shares of the firm's stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $43.48, for a total transaction of $116,395.96. Following the completion of the transaction, the insider now directly owns 14,376 shares in the company, valued at $625,068.48. The disclosure for this sale can be found here. Insiders sold 22,824 shares of company stock worth $994,558 in the last quarter. 4.69% of the stock is currently owned by corporate insiders.

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.