Los Angeles Capital Management LLC Invests $2.95 Million in Rollins, Inc. (NYSE:ROL)

Los Angeles Capital Management LLC purchased a new position in shares of Rollins, Inc. (NYSE:ROL - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 67,573 shares of the business services provider's stock, valued at approximately $2,951,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Treasurer of the State of North Carolina increased its position in shares of Rollins by 14.9% during the third quarter. Treasurer of the State of North Carolina now owns 118,662 shares of the business services provider's stock worth $4,430,000 after acquiring an additional 15,393 shares during the last quarter. Caprock Group LLC acquired a new position in shares of Rollins in the 4th quarter valued at approximately $1,617,000. Asset Management One Co. Ltd. boosted its stake in shares of Rollins by 17.7% during the 4th quarter. Asset Management One Co. Ltd. now owns 171,348 shares of the business services provider's stock valued at $7,498,000 after buying an additional 25,709 shares during the last quarter. Crown Oak Advisors LLC acquired a new stake in shares of Rollins during the fourth quarter worth approximately $9,547,000. Finally, Briaud Financial Planning Inc acquired a new stake in shares of Rollins during the third quarter worth approximately $98,000. 51.79% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Royal Bank of Canada reiterated an "outperform" rating and set a $52.00 price objective on shares of Rollins in a research note on Thursday, February 15th. StockNews.com downgraded Rollins from a "buy" rating to a "hold" rating in a research note on Thursday, April 25th. UBS Group reissued a "neutral" rating and issued a $49.00 price objective on shares of Rollins in a report on Monday, April 15th. Finally, Morgan Stanley increased their target price on Rollins from $42.00 to $43.00 and gave the stock an "equal weight" rating in a report on Friday, April 26th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $47.00.

Insider Transactions at Rollins

In other Rollins news, CFO Kenneth D. Krause sold 5,000 shares of the firm's stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $45.00, for a total value of $225,000.00. Following the sale, the chief financial officer now owns 94,078 shares in the company, valued at $4,233,510. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction on Friday, April 26th. The stock was sold at an average price of $45.00, for a total value of $225,000.00. Following the completion of the transaction, the chief financial officer now owns 94,078 shares of the company's stock, valued at $4,233,510. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Elizabeth B. Chandler sold 10,000 shares of the firm's stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total value of $410,500.00. Following the transaction, the insider now directly owns 99,709 shares in the company, valued at $4,093,054.45. The disclosure for this sale can be found here. Over the last quarter, insiders sold 27,824 shares of company stock worth $1,219,558. Insiders own 4.69% of the company's stock.

Rollins Stock Performance

NYSE ROL traded up $0.08 during trading hours on Tuesday, reaching $47.18. The company's stock had a trading volume of 1,487,085 shares, compared to its average volume of 1,942,982. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.44. The business has a 50-day simple moving average of $44.96 and a 200 day simple moving average of $42.61. Rollins, Inc. has a 52 week low of $32.19 and a 52 week high of $47.62. The stock has a market cap of $22.85 billion, a PE ratio of 52.92, a PEG ratio of 3.53 and a beta of 0.65.

Rollins (NYSE:ROL - Get Free Report) last announced its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.20. The business had revenue of $748.35 million for the quarter, compared to the consensus estimate of $739.12 million. Rollins had a return on equity of 37.73% and a net margin of 13.94%. The business's revenue was up 13.7% on a year-over-year basis. During the same quarter last year, the business posted $0.18 EPS. Equities research analysts predict that Rollins, Inc. will post 1 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Friday, May 10th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.27%. The ex-dividend date of this dividend is Thursday, May 9th. Rollins's dividend payout ratio (DPR) is 67.42%.

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.