Hershey Financial Advisers LLC Acquires New Shares in Rollins, Inc. (NYSE:ROL)

Hershey Financial Advisers LLC acquired a new stake in shares of Rollins, Inc. (NYSE:ROL) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 28,576 shares of the business services provider’s stock, valued at approximately $1,324,000.

Several other hedge funds also recently modified their holdings of ROL. Brooklyn Investment Group bought a new position in Rollins during the 3rd quarter worth $28,000. Centricity Wealth Management LLC bought a new position in Rollins during the 4th quarter worth $31,000. True Wealth Design LLC raised its position in Rollins by 4,272.2% during the 3rd quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock worth $40,000 after purchasing an additional 769 shares during the last quarter. Versant Capital Management Inc raised its position in shares of Rollins by 57.8% in the 4th quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock worth $41,000 after acquiring an additional 326 shares in the last quarter. Finally, Atala Financial Inc bought a new position in shares of Rollins in the 4th quarter worth about $47,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

Insider Activity at Rollins

In related news, insider Traci Hornfeck sold 3,224 shares of the company’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total value of $171,194.40. Following the transaction, the insider now owns 9,602 shares in the company, valued at approximately $509,866.20. This represents a 25.14 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Elizabeth B. Chandler sold 13,193 shares of the company’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 transaction, the insider now 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. Over the last quarter, insiders have sold 18,338 shares of company stock worth $945,882. Insiders own 4.69% of the company’s stock.

Rollins Price Performance

Shares of NYSE ROL opened at $51.62 on Monday. Rollins, Inc. has a twelve month low of $41.72 and a twelve month high of $53.72. The stock’s 50 day moving average price is $50.33 and its 200-day moving average price is $49.46. The company has a market capitalization of $25.04 billion, a PE ratio of 53.77 and a beta of 0.78. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. On average, equities analysts anticipate that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 25th were paid a $0.165 dividend. The ex-dividend date was Tuesday, February 25th. This represents a $0.66 annualized dividend and a yield of 1.28%. Rollins’s payout ratio is 68.75%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ROL. Canaccord Genuity Group lifted 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. StockNews.com lowered Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, March 12th. Wells Fargo & Company boosted their target price on Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research report on Monday, December 16th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research report on Monday, January 6th. Finally, UBS Group lifted their price target on Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $52.00.

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.