Rollins, Inc. (NYSE:ROL) Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP raised its stake in Rollins, Inc. (NYSE:ROL - Free Report) by 52.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 175,262 shares of the business services provider's stock after buying an additional 60,455 shares during the period. Quantinno Capital Management LP's holdings in Rollins were worth $8,123,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of ROL. Mufg Securities Americas Inc. acquired a new stake in Rollins during the fourth quarter worth approximately $192,000. Nomura Holdings Inc. acquired a new stake in Rollins during the fourth quarter worth approximately $429,000. OMERS ADMINISTRATION Corp boosted its position in Rollins by 19.6% during the fourth quarter. OMERS ADMINISTRATION Corp now owns 12,382 shares of the business services provider's stock worth $574,000 after acquiring an additional 2,031 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Rollins by 9.7% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,192 shares of the business services provider's stock worth $1,353,000 after acquiring an additional 2,574 shares during the last quarter. Finally, Jefferies Financial Group Inc. boosted its position in Rollins by 143.0% during the fourth quarter. Jefferies Financial Group Inc. now owns 125,179 shares of the business services provider's stock worth $5,802,000 after acquiring an additional 73,661 shares during the last quarter. 51.79% of the stock is owned by hedge funds and other institutional investors.

Rollins Stock Down 0.2%

Shares of NYSE:ROL traded down $0.11 during midday trading on Wednesday, hitting $57.21. 316,855 shares of the company's stock traded hands, compared to its average volume of 1,733,546. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69. The company has a market cap of $27.72 billion, a PE ratio of 59.56 and a beta of 0.79. The firm's fifty day moving average price is $54.56 and its two-hundred day moving average price is $51.12. Rollins, Inc. has a twelve month low of $45.00 and a twelve month high of $57.63.

Rollins (NYSE:ROL - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The business services provider reported $0.22 earnings per share for the quarter, meeting the consensus estimate of $0.22. The business had revenue of $822.50 million for the quarter, compared to analyst estimates of $817.09 million. Rollins had a net margin of 13.76% and a return on equity of 37.94%. The business's quarterly revenue was up 9.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.20 EPS. On average, equities research analysts anticipate that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Monday, May 12th will be paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 1.15%. The ex-dividend date of this dividend is Monday, May 12th. Rollins's dividend payout ratio (DPR) is 66.67%.

Analysts Set New Price Targets

A number of analysts recently issued reports on ROL shares. Royal Bank of Canada raised their target price on shares of Rollins from $52.00 to $62.00 and gave the stock an "outperform" rating in a research report on Thursday, April 17th. The Goldman Sachs Group set a $61.00 target price on shares of Rollins and gave the stock a "buy" rating in a research report on Thursday, April 24th. Barclays lifted their price target on shares of Rollins from $50.00 to $55.00 and gave the company an "equal weight" rating in a report on Friday, April 4th. Canaccord Genuity Group lifted their price target on shares of Rollins from $49.00 to $50.00 and gave the company a "hold" rating in a report on Friday, April 25th. Finally, Morgan Stanley lifted their price target on shares of Rollins from $48.00 to $50.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $55.57.

Insider Buying and Selling

In other Rollins news, insider Elizabeth B. Chandler sold 13,193 shares of the business's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $51.18, for a total transaction of $675,217.74. Following the completion of the transaction, the insider now directly owns 76,526 shares of the company's stock, valued at $3,916,600.68. The trade was a 14.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Traci Hornfeck sold 3,224 shares of the business's stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total transaction of $171,194.40. Following the transaction, the insider now directly owns 9,602 shares of the company's stock, valued at $509,866.20. The trade was a 25.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 22,180 shares of company stock valued at $1,155,943 in the last quarter. Company insiders own 4.47% of the company's stock.

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.