BNP Paribas Financial Markets Raises Stock Holdings in Rollins, Inc. (NYSE:ROL)

BNP Paribas Financial Markets raised its holdings in Rollins, Inc. (NYSE:ROL - Free Report) by 7.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 268,067 shares of the business services provider's stock after acquiring an additional 18,510 shares during the quarter. BNP Paribas Financial Markets owned about 0.06% of Rollins worth $11,706,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Lindbrook Capital LLC raised its holdings in Rollins by 72.4% in the fourth quarter. Lindbrook Capital LLC now owns 619 shares of the business services provider's stock worth $27,000 after purchasing an additional 260 shares during the period. Spire Wealth Management raised its holdings in Rollins by 139.7% in the fourth quarter. Spire Wealth Management now owns 755 shares of the business services provider's stock worth $33,000 after purchasing an additional 440 shares during the period. Principal Securities Inc. acquired a new stake in Rollins in the fourth quarter worth $36,000. Operose Advisors LLC acquired a new stake in Rollins in the third quarter worth $47,000. Finally, Blue Trust Inc. raised its holdings in Rollins by 65.9% in the fourth quarter. Blue Trust Inc. now owns 1,453 shares of the business services provider's stock worth $63,000 after purchasing an additional 577 shares during the period. 51.79% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on ROL shares. StockNews.com lowered shares of Rollins from a "buy" rating to a "hold" rating in a report on Thursday, April 25th. Royal Bank of Canada restated an "outperform" rating and set a $52.00 price objective on shares of Rollins in a report on Thursday, February 15th. UBS Group restated a "neutral" rating and set a $49.00 price objective on shares of Rollins in a report on Monday, April 15th. Finally, Morgan Stanley raised their price objective on shares of Rollins from $42.00 to $43.00 and gave the stock an "equal weight" rating in a report on Friday, April 26th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Rollins presently has a consensus rating of "Moderate Buy" and a consensus target price of $47.00.

Insider Buying and Selling

In other Rollins news, insider Traci Hornfeck sold 2,677 shares of Rollins stock in a transaction on Thursday, February 29th. The stock was 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 of the company's stock, valued at approximately $625,068.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider Traci Hornfeck sold 2,677 shares of Rollins stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $43.48, for a total value of $116,395.96. Following the transaction, 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 SEC, which is available at the SEC website. Also, CFO Kenneth D. Krause sold 5,000 shares of the business's stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total value of $230,900.00. Following the sale, the chief financial officer now owns 99,078 shares in the company, valued at approximately $4,575,422.04. The disclosure for this sale can be found here. In the last ninety days, insiders sold 27,824 shares of company stock valued at $1,219,558. Insiders own 4.69% of the company's stock.

Rollins Stock Down 2.0 %

ROL stock traded down $0.94 during midday trading on Friday, hitting $46.13. The company's stock had a trading volume of 1,110,190 shares, compared to its average volume of 1,907,965. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.72 and a quick ratio of 0.66. Rollins, Inc. has a twelve month low of $32.19 and a twelve month high of $47.69. The company's fifty day moving average price is $45.39 and its 200 day moving average price is $43.19. The stock has a market capitalization of $22.34 billion, a P/E ratio of 51.83, a PEG ratio of 3.60 and a beta of 0.65.

Rollins (NYSE:ROL - Get Free Report) last issued its earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.20. Rollins had a net margin of 13.94% and a return on equity of 37.73%. The company had revenue of $748.35 million for the quarter, compared to analysts' expectations of $739.12 million. During the same period in the prior year, the firm earned $0.18 EPS. Rollins's quarterly revenue was up 13.7% compared to the same quarter last year. As a group, equities research analysts predict that Rollins, Inc. will post 1 EPS for the current year.

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Friday, May 10th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, May 9th. This represents a $0.60 annualized dividend and a yield of 1.30%. Rollins's payout ratio is currently 67.42%.

Rollins 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.