Rollins, Inc. (NYSE:ROL) Shares Acquired by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors LLC lifted its stake in Rollins, Inc. (NYSE:ROL - Free Report) by 736.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 82,438 shares of the business services provider's stock after purchasing an additional 72,581 shares during the quarter. Schonfeld Strategic Advisors LLC's holdings in Rollins were worth $3,821,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of ROL. Eastern Bank grew its stake in shares of Rollins by 0.5% in the 4th quarter. Eastern Bank now owns 50,410 shares of the business services provider's stock valued at $2,337,000 after purchasing an additional 236 shares during the period. Kensington Investment Counsel LLC increased its position in shares of Rollins by 0.7% during the fourth quarter. Kensington Investment Counsel LLC now owns 38,120 shares of the business services provider's stock worth $1,767,000 after acquiring an additional 263 shares in the last quarter. New York Life Investment Management LLC grew its position in Rollins by 0.7% in the fourth quarter. New York Life Investment Management LLC now owns 37,794 shares of the business services provider's stock valued at $1,752,000 after purchasing an additional 274 shares in the last quarter. SRS Capital Advisors Inc. boosted its holdings in shares of Rollins by 25.7% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider's stock valued at $66,000 after buying an additional 292 shares during the last quarter. Finally, Mather Group LLC. boosted its stake in shares of Rollins by 9.8% during the 4th quarter. Mather Group LLC. now owns 3,325 shares of the business services provider's stock worth $154,000 after acquiring an additional 298 shares during the period. 51.79% of the stock is owned by hedge funds and other institutional investors.

Rollins Stock Down 0.3 %

Shares of Rollins stock traded down $0.17 on Friday, reaching $56.52. The stock had a trading volume of 398,920 shares, compared to its average volume of 1,713,909. Rollins, Inc. has a 1 year low of $45.00 and a 1 year high of $57.72. The company has a 50 day moving average price of $53.84 and a 200 day moving average price of $50.61. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $27.39 billion, a P/E ratio of 58.88 and a beta of 0.79.

Rollins (NYSE:ROL - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $0.22 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.22. Rollins had a net margin of 13.76% and a return on equity of 37.94%. The business had revenue of $822.50 million for the quarter, compared to the consensus estimate of $817.09 million. During the same period last 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, equities research analysts forecast that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Monday, May 12th will be issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend is Monday, May 12th. Rollins's dividend payout ratio (DPR) is 66.67%.

Insider Transactions at Rollins

In other news, insider Thomas D. Tesh sold 1,921 shares of Rollins stock in a transaction dated Thursday, April 10th. The shares were sold at an average price of $52.81, for a total value of $101,448.01. Following the sale, the insider now owns 39,640 shares of the company's stock, valued at $2,093,388.40. The trade was a 4.62 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Traci Hornfeck sold 3,224 shares of the firm's stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total value of $171,194.40. Following the completion of the sale, the insider now directly owns 9,602 shares of the company's stock, valued at approximately $509,866.20. This trade represents a 25.14 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 20,259 shares of company stock worth $1,047,330. Corporate insiders own 4.47% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on ROL shares. The Goldman Sachs Group set a $61.00 price objective on shares of Rollins and gave the company a "buy" rating in a research note on Thursday, April 24th. StockNews.com upgraded Rollins from a "hold" rating to a "buy" rating in a report on Thursday, April 17th. Royal Bank of Canada increased their target price on shares of Rollins from $52.00 to $62.00 and gave the company an "outperform" rating in a report on Thursday, April 17th. Canaccord Genuity Group raised their target price on Rollins from $49.00 to $50.00 and gave the stock a "hold" rating in a research report on Friday, April 25th. Finally, Barclays raised 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. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $55.57.

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.