Tudor Investment Corp ET AL Grows Stock Position in Rollins, Inc. (NYSE:ROL)

Tudor Investment Corp ET AL grew its holdings in Rollins, Inc. (NYSE:ROL - Free Report) by 183.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 84,226 shares of the business services provider's stock after acquiring an additional 54,508 shares during the period. Tudor Investment Corp ET AL's holdings in Rollins were worth $3,904,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Murphy & Mullick Capital Management Corp bought a new stake in shares of Rollins during the 4th quarter valued at about $29,000. Centricity Wealth Management LLC purchased a new position in Rollins in the 4th quarter worth about $31,000. Mizuho Bank Ltd. purchased a new stake in shares of Rollins in the 4th quarter valued at approximately $37,000. Versant Capital Management Inc grew its position in Rollins by 57.8% during the fourth quarter. Versant Capital Management Inc now owns 890 shares of the business services provider's stock valued at $41,000 after purchasing an additional 326 shares in the last quarter. Finally, Atala Financial Inc acquired a new position in shares of Rollins in the fourth quarter worth $47,000. 51.79% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Rollins news, insider Thomas D. Tesh sold 1,921 shares of the company's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $51.78, for a total value of $99,469.38. Following the completion of the sale, the insider now directly owns 41,173 shares in the company, valued at $2,131,937.94. This represents a 4.46 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Elizabeth B. Chandler sold 13,193 shares of the business's stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $51.18, for a total value of $675,217.74. Following the completion of the sale, the insider now directly owns 76,526 shares in the company, valued at approximately $3,916,600.68. The trade was a 14.70 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 20,259 shares of company stock worth $1,047,330 over the last quarter. Insiders own 4.47% of the company's stock.

Wall Street Analysts Forecast Growth

ROL has been the subject of a number of research reports. UBS Group increased their price target on shares of Rollins from $52.00 to $53.00 and gave the company a "neutral" rating in a report on Friday, January 17th. Barclays lifted their price objective on Rollins from $50.00 to $55.00 and gave the stock an "equal weight" rating in a research report on Friday, April 4th. The Goldman Sachs Group set a $61.00 target price on Rollins and gave the company a "buy" rating in a research note on Thursday, April 24th. Canaccord Genuity Group boosted their price objective on Rollins from $49.00 to $50.00 and gave the company a "hold" rating in a research report on Friday, April 25th. Finally, StockNews.com upgraded Rollins from a "hold" rating to a "buy" rating in a report on Thursday, April 17th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Rollins presently has an average rating of "Moderate Buy" and a consensus price target of $55.57.

Rollins Price Performance

Shares of ROL traded up $0.32 during midday trading on Monday, reaching $56.99. The stock had a trading volume of 1,886,609 shares, compared to its average volume of 1,715,488. The company has a market capitalization of $27.62 billion, a price-to-earnings ratio of 59.37 and a beta of 0.80. The company's 50-day moving average is $53.45 and its 200 day moving average is $50.43. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30. Rollins, Inc. has a 12-month low of $45.00 and a 12-month high of $57.33.

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

Rollins Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Monday, May 12th will be issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 1.16%. The ex-dividend date of this dividend is Monday, May 12th. Rollins's dividend payout ratio is currently 66.67%.

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.