Inspire Investing LLC Grows Position in Rollins, Inc. (NYSE:ROL)

Inspire Investing LLC raised its position in Rollins, Inc. (NYSE:ROL) by 7.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,263 shares of the business services provider’s stock after buying an additional 1,809 shares during the quarter. Inspire Investing LLC’s holdings in Rollins were worth $1,171,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ROL. B.O.S.S. Retirement Advisors LLC raised its position in Rollins by 4.9% in the 3rd quarter. B.O.S.S. Retirement Advisors LLC now owns 4,543 shares of the business services provider’s stock valued at $230,000 after purchasing an additional 212 shares during the last quarter. Eastern Bank increased its stake in Rollins by 0.5% in the fourth 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. Mather Group LLC. raised its holdings in shares of Rollins by 8.8% in the third quarter. Mather Group LLC. now owns 3,027 shares of the business services provider’s stock valued at $153,000 after buying an additional 246 shares during the last quarter. Federated Hermes Inc. boosted its stake in shares of Rollins by 16.4% during the second quarter. Federated Hermes Inc. now owns 1,766 shares of the business services provider’s stock worth $86,000 after buying an additional 249 shares during the period. Finally, Raymond James Trust N.A. grew its holdings in shares of Rollins by 1.9% during the third quarter. Raymond James Trust N.A. now owns 13,283 shares of the business services provider’s stock worth $672,000 after buying an additional 252 shares during the last quarter. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Insider Activity at Rollins

In related news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the business’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $49.88, for a total value of $735,730.00. Following the sale, the insider now directly owns 124,214 shares in the company, valued at $6,195,794.32. The trade was a 10.61 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.69% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have commented on ROL. UBS Group upped their price objective on Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. Wells Fargo & Company upped their price target on Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. Morgan Stanley lifted their price objective on shares of Rollins from $46.00 to $48.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Barclays assumed coverage on shares of Rollins in a research report on Monday, November 4th. They set an “equal weight” rating and a $50.00 price objective for the company. Finally, Canaccord Genuity Group began coverage on shares of Rollins in a report on Tuesday, January 7th. They issued a “hold” rating and a $48.00 target price on the stock. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Rollins has a consensus rating of “Hold” and a consensus target price of $51.50.

Rollins Price Performance

Shares of NYSE ROL opened at $48.60 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.72 and a current ratio of 0.78. Rollins, Inc. has a one year low of $40.41 and a one year high of $52.16. The firm has a market capitalization of $23.53 billion, a P/E ratio of 50.62 and a beta of 0.75. The company’s fifty day moving average is $48.23 and its two-hundred day moving average is $48.92.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, October 23rd. The business services provider reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.01). Rollins had a return on equity of 38.67% and a net margin of 14.18%. The company had revenue of $916.27 million for the quarter, compared to analyst estimates of $911.15 million. During the same quarter in the previous year, the company posted $0.28 earnings per share. The company’s quarterly revenue was up 9.0% compared to the same quarter last year. Analysts forecast that Rollins, Inc. will post 0.99 EPS for the current fiscal year.

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date is Tuesday, February 25th. Rollins’s dividend payout ratio is currently 68.75%.

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.