Rollins, Inc. (NYSE:ROL) Insider Sells $675,217.74 in Stock

Rollins, Inc. (NYSE:ROL) insider Elizabeth B. Chandler sold 13,193 shares of the company’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $51.18, for a total transaction of $675,217.74. Following the completion of the transaction, the insider now owns 76,526 shares in the company, valued at approximately $3,916,600.68. This trade represents a 14.70 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Rollins Stock Performance

NYSE:ROL opened at $51.24 on Thursday. The company has a market cap of $24.81 billion, a price-to-earnings ratio of 53.38 and a beta of 0.76. Rollins, Inc. has a fifty-two week low of $41.72 and a fifty-two week high of $52.83. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69. The stock has a fifty day moving average price of $48.40 and a 200-day moving average price of $49.18.

Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. As a group, equities analysts anticipate that Rollins, Inc. will post 1.09 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 given a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $0.66 annualized dividend and a dividend yield of 1.29%. Rollins’s dividend payout ratio is 68.75%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on ROL shares. StockNews.com upgraded Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, February 19th. Barclays started coverage on Rollins in a research note on Monday, November 4th. They issued an “equal weight” rating and a $50.00 price target for the company. Canaccord Genuity Group increased their price objective on Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research report on Friday, February 14th. Morgan Stanley boosted their target price on shares of Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 price target on shares of Rollins in a research report on Monday, January 6th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $52.00.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in ROL. Brooklyn Investment Group acquired a new stake in shares of Rollins in the 3rd quarter valued at $28,000. Murphy & Mullick Capital Management Corp bought a new stake in shares of Rollins during the 4th quarter worth $29,000. Centricity Wealth Management LLC acquired a new stake in Rollins in the fourth quarter valued at about $31,000. True Wealth Design LLC grew its position in Rollins by 4,272.2% in the third quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 769 shares during the last quarter. Finally, Mizuho Bank Ltd. bought a new position in Rollins in the fourth quarter valued at about $37,000. 51.79% of the stock is owned by institutional investors.

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.