ICW Investment Advisors LLC Purchases 1,115 Shares of Rollins, Inc. (NYSE:ROL)

ICW Investment Advisors LLC lifted its position in Rollins, Inc. (NYSE:ROL) by 3.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 30,859 shares of the business services provider’s stock after buying an additional 1,115 shares during the period. ICW Investment Advisors LLC’s holdings in Rollins were worth $1,430,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in ROL. Empowered Funds LLC raised its holdings in shares of Rollins by 7.3% in the third quarter. Empowered Funds LLC now owns 4,604 shares of the business services provider’s stock valued at $233,000 after acquiring an additional 313 shares in the last quarter. Quest Partners LLC grew its stake in shares of Rollins by 1,394.6% during the third quarter. Quest Partners LLC now owns 10,029 shares of the business services provider’s stock worth $507,000 after acquiring an additional 9,358 shares during the last quarter. Pathstone Holdings LLC grew its stake in shares of Rollins by 0.5% during the third quarter. Pathstone Holdings LLC now owns 90,831 shares of the business services provider’s stock worth $4,594,000 after acquiring an additional 484 shares during the last quarter. Caprock Group LLC purchased a new stake in shares of Rollins during the third quarter worth about $254,000. Finally, B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of Rollins during the third quarter worth about $677,000. 51.79% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, insider Elizabeth B. Chandler sold 13,193 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $51.18, for a total transaction of $675,217.74. Following the transaction, the insider now owns 76,526 shares in the company, valued at $3,916,600.68. This trade represents a 14.70 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Thomas D. Tesh sold 1,921 shares of the stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $51.78, for a total value of $99,469.38. Following the transaction, the insider now owns 41,173 shares in the company, valued at $2,131,937.94. This trade represents a 4.46 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 18,338 shares of company stock worth $945,882. Corporate insiders own 4.69% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Morgan Stanley boosted their price target on Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. UBS Group boosted their price target on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research note on Friday, January 17th. StockNews.com downgraded shares of Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, March 12th. Canaccord Genuity Group increased their price target on shares of Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a report on Friday, February 14th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 price target on shares of Rollins in a report on Monday, January 6th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $52.00.

Rollins Trading Down 0.1 %

Rollins stock opened at $51.62 on Monday. 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 $41.72 and a 12 month high of $53.72. The stock’s 50 day simple moving average is $50.33 and its two-hundred day simple moving average is $49.46. The firm has a market cap of $25.04 billion, a PE ratio of 53.77 and a beta of 0.78.

Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, hitting the consensus estimate of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. Analysts anticipate that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Announces Dividend

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

Rollins 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.