M3 Advisory Group LLC Makes New Investment in Rollins, Inc. (NYSE:ROL)

M3 Advisory Group LLC acquired a new position in shares of Rollins, Inc. (NYSE:ROLFree Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,787 shares of the business services provider’s stock, valued at approximately $209,000.

A number of other large investors have also recently bought and sold shares of ROL. Lindbrook Capital LLC boosted its stake in shares of Rollins by 72.4% in the 4th quarter. Lindbrook Capital LLC now owns 619 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 260 shares in the last quarter. Spire Wealth Management boosted its stake in shares of Rollins by 139.7% in the 4th quarter. Spire Wealth Management now owns 755 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 440 shares in the last quarter. Principal Securities Inc. acquired a new stake in shares of Rollins in the 4th quarter valued at approximately $36,000. Operose Advisors LLC acquired a new stake in shares of Rollins in the 3rd quarter valued at approximately $47,000. Finally, Blue Trust Inc. boosted its stake in shares of Rollins by 65.9% in the 4th quarter. Blue Trust Inc. now owns 1,453 shares of the business services provider’s stock valued at $63,000 after purchasing an additional 577 shares in the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. UBS Group restated a “neutral” rating and issued a $49.00 price target on shares of Rollins in a research note on Monday, April 15th. Morgan Stanley lifted their target price on shares of Rollins from $42.00 to $43.00 and gave the stock an “equal weight” rating in a research report on Friday, April 26th. Finally, StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, June 12th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $47.00.

Get Our Latest Stock Analysis on Rollins

Rollins Trading Up 1.5 %

Rollins stock traded up $0.75 during mid-day trading on Monday, hitting $49.25. 1,363,305 shares of the stock were exchanged, compared to its average volume of 1,821,717. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.44. Rollins, Inc. has a 12 month low of $32.19 and a 12 month high of $49.56. The firm’s fifty day simple moving average is $45.73 and its two-hundred day simple moving average is $44.45. The stock has a market capitalization of $23.85 billion, a price-to-earnings ratio of 55.34, a PEG ratio of 3.70 and a beta of 0.66.

Rollins (NYSE:ROLGet Free Report) last released its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.20. Rollins had a net margin of 13.94% and a return on equity of 37.73%. The firm had revenue of $748.35 million during the quarter, compared to analyst estimates of $739.12 million. During the same quarter last year, the business earned $0.18 EPS. The company’s revenue was up 13.7% compared to the same quarter last year. Analysts forecast that Rollins, Inc. will post 1 EPS for the current year.

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Friday, May 10th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, May 9th. This represents a $0.60 annualized dividend and a yield of 1.22%. Rollins’s payout ratio is 67.42%.

Insiders Place Their Bets

In other Rollins news, CEO Jerry Jr. Gahlhoff sold 12,000 shares of the firm’s stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $47.20, for a total transaction of $566,400.00. Following the completion of the transaction, the chief executive officer now owns 288,671 shares in the company, valued at approximately $13,625,271.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, CEO Jerry Jr. Gahlhoff sold 12,000 shares of Rollins stock in a transaction on Friday, June 7th. The shares were sold at an average price of $47.20, for a total value of $566,400.00. Following the completion of the sale, the chief executive officer now owns 288,671 shares in the company, valued at approximately $13,625,271.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Kenneth D. Krause sold 5,000 shares of Rollins stock in a transaction on Friday, April 26th. The shares were sold at an average price of $45.00, for a total transaction of $225,000.00. Following the completion of the sale, the chief financial officer now owns 94,078 shares of the company’s stock, valued at approximately $4,233,510. The disclosure for this sale can be found here. In the last 90 days, insiders sold 20,331 shares of company stock worth $949,623. 4.69% of the stock is currently owned by insiders.

About Rollins

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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