Cambridge Trust Co. Buys Shares of 48,097 Rollins, Inc. (NYSE:ROL)

Cambridge Trust Co. acquired a new position in shares of Rollins, Inc. (NYSE:ROL - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 48,097 shares of the business services provider's stock, valued at approximately $2,100,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of ROL. Vanguard Group Inc. grew its stake in shares of Rollins by 18.7% in the third quarter. Vanguard Group Inc. now owns 32,020,007 shares of the business services provider's stock valued at $1,195,307,000 after buying an additional 5,041,371 shares in the last quarter. Select Equity Group L.P. increased its stake in Rollins by 1.5% during the first quarter. Select Equity Group L.P. now owns 12,922,308 shares of the business services provider's stock worth $484,974,000 after purchasing an additional 189,977 shares during the period. State Street Corp lifted its position in shares of Rollins by 1.3% during the second quarter. State Street Corp now owns 11,286,374 shares of the business services provider's stock worth $483,395,000 after purchasing an additional 146,536 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its holdings in shares of 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. Finally, Invesco Ltd. increased its stake in Rollins by 18.4% during the 3rd quarter. Invesco Ltd. now owns 3,992,323 shares of the business services provider's stock worth $149,033,000 after buying an additional 620,179 shares during the period. 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 Traci Hornfeck sold 2,677 shares of Rollins stock in a transaction dated Thursday, February 29th. The stock was sold at an average price of $43.48, for a total transaction of $116,395.96. Following the sale, the insider now owns 14,376 shares in the company, valued at $625,068.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Elizabeth B. Chandler sold 10,000 shares of the business's stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total value of $410,500.00. Following the transaction, the insider now owns 99,709 shares in the company, valued at approximately $4,093,054.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Traci Hornfeck sold 2,677 shares of the business's stock in a transaction that occurred on 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 transaction, the insider now directly owns 14,376 shares in the company, valued at approximately $625,068.48. The disclosure for this sale can be found here. Insiders sold 22,824 shares of company stock worth $994,558 over the last 90 days. Corporate insiders own 4.69% of the company's stock.

Wall Street Analyst Weigh In

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

Rollins Stock Up 0.2 %

Shares of NYSE:ROL traded up $0.07 on Friday, hitting $42.51. 2,080,576 shares of the company's stock were exchanged, compared to its average volume of 1,899,183. Rollins, Inc. has a 1-year low of $32.19 and a 1-year high of $47.45. The company has a market capitalization of $20.60 billion, a PE ratio of 48.36, a P/E/G ratio of 3.40 and a beta of 0.63. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.65 and a current ratio of 0.71. The firm's 50-day moving average is $44.50 and its 200 day moving average is $41.82.

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

Rollins Dividend Announcement

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

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.