UBS Group Issues Positive Forecast for Rollins (NYSE:ROL) Stock Price

Rollins (NYSE:ROL - Free Report) had its target price boosted by UBS Group from $58.00 to $59.00 in a research report report published on Wednesday morning,Benzinga reports. UBS Group currently has a neutral rating on the business services provider's stock.

ROL has been the topic of several other reports. Wall Street Zen upgraded shares of Rollins from a "hold" rating to a "buy" rating in a research report on Thursday, April 17th. Barclays raised their target price on shares of Rollins from $50.00 to $55.00 and gave the stock an "equal weight" rating in a research report on Friday, April 4th. 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. Finally, Argus started coverage on shares of Rollins in a research report on Wednesday, June 18th. They set a "buy" rating and a $68.00 target price on the stock. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $60.50.

Rollins Price Performance

ROL traded down $0.18 during trading on Wednesday, reaching $55.63. The company's stock had a trading volume of 1,560,116 shares, compared to its average volume of 1,760,826. The company has a market cap of $26.96 billion, a price-to-earnings ratio of 56.19 and a beta of 0.75. The company has a quick ratio of 0.81, a current ratio of 0.87 and a debt-to-equity ratio of 0.36. Rollins has a 1 year low of $45.34 and a 1 year high of $58.65. The firm has a fifty day simple moving average of $56.73 and a two-hundred day simple moving average of $52.90.

Rollins (NYSE:ROL - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The business services provider reported $0.22 EPS for the quarter, hitting analysts' consensus estimates of $0.22. Rollins had a net margin of 13.78% and a return on equity of 37.31%. The firm had revenue of $822.50 million during the quarter, compared to the consensus estimate of $817.09 million. During the same quarter in the previous year, the firm posted $0.20 earnings per share. The company's revenue was up 9.9% compared to the same quarter last year. As a group, analysts anticipate that Rollins will post 1.09 EPS for the current year.

Rollins Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Monday, May 12th were paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date of this dividend was Monday, May 12th. Rollins's dividend payout ratio is presently 66.67%.

Insiders Place Their Bets

In related news, Chairman John F. Wilson sold 40,000 shares of Rollins stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $56.77, for a total transaction of $2,270,800.00. Following the sale, the chairman owned 662,727 shares of the company's stock, valued at $37,623,011.79. The trade was a 5.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Thomas D. Tesh sold 1,921 shares of Rollins stock in a transaction on Friday, May 9th. The stock was sold at an average price of $56.54, for a total transaction of $108,613.34. Following the sale, the insider directly owned 38,028 shares in the company, valued at $2,150,103.12. This trade represents a 4.81% decrease in their position. The disclosure for this sale can be found here. Company insiders own 4.47% of the company's stock.

Institutional Investors Weigh In On Rollins

Several hedge funds and other institutional investors have recently modified their holdings of the stock. City Holding Co. acquired a new position in shares of Rollins in the 1st quarter valued at about $27,000. Murphy & Mullick Capital Management Corp acquired a new position in Rollins in the fourth quarter valued at approximately $29,000. GW&K Investment Management LLC grew its holdings in shares of Rollins by 961.4% during the first quarter. GW&K Investment Management LLC now owns 605 shares of the business services provider's stock valued at $33,000 after purchasing an additional 548 shares during the last quarter. Mizuho Bank Ltd. bought a new position in shares of Rollins during the fourth quarter valued at approximately $37,000. Finally, CVA Family Office LLC raised its position in shares of Rollins by 73.0% during the 1st quarter. CVA Family Office LLC now owns 806 shares of the business services provider's stock worth $44,000 after purchasing an additional 340 shares during the period. Institutional investors own 51.79% 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.