Montrusco Bolton Investments Inc. Invests $47.09 Million in Rollins, Inc. (NYSE:ROL)

Montrusco Bolton Investments Inc. acquired a new position in Rollins, Inc. (NYSE:ROL - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 1,078,299 shares of the business services provider's stock, valued at approximately $47,089,000. Montrusco Bolton Investments Inc. owned about 0.22% of Rollins at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in ROL. Sumitomo Mitsui Trust Holdings Inc. lifted its position in shares of Rollins by 5.9% during the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 681,099 shares of the business services provider's stock valued at $25,425,000 after acquiring an additional 38,203 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Rollins by 3.8% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 21,873 shares of the business services provider's stock valued at $817,000 after purchasing an additional 797 shares during the period. CIBC Asset Management Inc increased its stake in Rollins by 14.8% in the 3rd quarter. CIBC Asset Management Inc now owns 38,845 shares of the business services provider's stock worth $1,450,000 after purchasing an additional 5,013 shares in the last quarter. Yousif Capital Management LLC raised its holdings in Rollins by 1.2% during the 3rd quarter. Yousif Capital Management LLC now owns 54,770 shares of the business services provider's stock worth $2,045,000 after buying an additional 651 shares during the period. Finally, Fifth Third Bancorp lifted its stake in Rollins by 10.4% during the third quarter. Fifth Third Bancorp now owns 12,864 shares of the business services provider's stock valued at $480,000 after buying an additional 1,217 shares in the last quarter. 51.79% of the stock is currently owned by institutional investors.

Insider Activity at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 10,000 shares of the firm's stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total transaction 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 transaction was disclosed in a filing with the SEC, which is available through this link. In other news, CFO Kenneth D. Krause sold 5,000 shares of the firm's stock in a transaction dated 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 directly owns 99,078 shares of the company's stock, valued at $4,575,422.04. The sale 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 stock in a transaction that occurred 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 sale, the insider now owns 99,709 shares of the company's stock, valued at approximately $4,093,054.45. The disclosure for this sale can be found here. In the last 90 days, insiders sold 27,824 shares of company stock valued at $1,219,558. Insiders own 4.69% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ROL. StockNews.com lowered shares of Rollins from a "buy" rating to a "hold" rating in a report on Thursday, April 25th. UBS Group restated a "neutral" rating and issued a $49.00 target price on shares of Rollins in a report on Monday, April 15th. Morgan Stanley lifted their price target on Rollins from $42.00 to $43.00 and gave the company an "equal weight" rating in a report on Friday, April 26th. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $52.00 price objective on shares of Rollins in a research note on Thursday, February 15th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $47.00.

Rollins Stock Down 2.0 %

ROL traded down $0.94 during trading on Friday, reaching $46.13. 1,110,199 shares of the stock traded hands, compared to its average volume of 1,989,914. The stock's 50-day simple moving average is $45.41 and its two-hundred day simple moving average is $43.25. 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 fifty-two week low of $32.19 and a fifty-two week high of $47.69. The stock has a market cap of $22.34 billion, a price-to-earnings ratio of 51.83, a price-to-earnings-growth ratio of 3.60 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, meeting the consensus estimate of $0.20. The business had revenue of $748.35 million during the quarter, compared to analyst estimates of $739.12 million. Rollins had a return on equity of 37.73% and a net margin of 13.94%. The firm's revenue was up 13.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.18 EPS. As a group, equities research analysts expect that Rollins, Inc. will post 1 EPS for the current year.

Rollins Announces Dividend

The firm 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. The ex-dividend date is Thursday, May 9th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.30%. Rollins's dividend payout ratio is currently 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.