iSAM Funds UK Ltd Acquires Shares of 5,448 Rollins, Inc. (NYSE:ROL)

iSAM Funds UK Ltd acquired a new stake in Rollins, Inc. (NYSE:ROL) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 5,448 shares of the business services provider’s stock, valued at approximately $253,000.

Several other hedge funds also recently bought and sold shares of ROL. Barclays PLC raised its holdings in Rollins by 34.8% in the third quarter. Barclays PLC now owns 721,467 shares of the business services provider’s stock worth $36,491,000 after purchasing an additional 186,452 shares during the period. Park Avenue Securities LLC raised its holdings in Rollins by 25.6% in the fourth quarter. Park Avenue Securities LLC now owns 19,410 shares of the business services provider’s stock worth $900,000 after purchasing an additional 3,956 shares during the period. Merit Financial Group LLC acquired a new stake in Rollins in the fourth quarter worth $225,000. Koshinski Asset Management Inc. raised its holdings in Rollins by 12.5% in the fourth quarter. Koshinski Asset Management Inc. now owns 13,748 shares of the business services provider’s stock worth $637,000 after purchasing an additional 1,524 shares during the period. Finally, Ballentine Partners LLC raised its holdings in Rollins by 8.4% in the fourth quarter. Ballentine Partners LLC now owns 7,729 shares of the business services provider’s stock worth $358,000 after purchasing an additional 598 shares during the period. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Rollins

In other news, insider Elizabeth B. Chandler sold 13,193 shares of Rollins stock in a transaction dated 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 of the company’s stock, valued at $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 at this link. Also, insider Traci Hornfeck sold 3,224 shares of Rollins stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total transaction of $171,194.40. Following the completion of the transaction, the insider now directly owns 9,602 shares of the company’s stock, valued at approximately $509,866.20. This trade represents a 25.14% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 22,180 shares of company stock worth $1,155,943. Insiders own 4.47% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on ROL shares. Barclays increased their target price on shares of Rollins from $50.00 to $55.00 and gave the stock an “equal weight” rating in a report on Friday, April 4th. Morgan Stanley boosted their price objective 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. StockNews.com raised shares of Rollins from a “hold” rating to a “buy” rating in a research report on Thursday, April 17th. Canaccord Genuity Group boosted their price objective on shares of Rollins from $49.00 to $50.00 and gave the company a “hold” rating in a research report on Friday, April 25th. Finally, The Goldman Sachs Group set a $61.00 price objective on shares of Rollins and gave the company a “buy” rating in a research report on Thursday, April 24th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $55.57.

Rollins Stock Down 0.2%

Shares of ROL stock opened at $57.32 on Wednesday. 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 1 year low of $45.00 and a 1 year high of $57.63. The firm’s fifty day moving average price is $54.56 and its two-hundred day moving average price is $51.12. The firm has a market capitalization of $27.78 billion, a P/E ratio of 59.71 and a beta of 0.79.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, April 23rd. The business services provider reported $0.22 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.22. Rollins had a net margin of 13.76% and a return on equity of 37.94%. The firm had revenue of $822.50 million for the quarter, compared to analyst estimates of $817.09 million. During the same period in the previous year, the business earned $0.20 EPS. The company’s revenue was up 9.9% compared to the same quarter last year. On average, equities analysts predict that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Monday, May 12th will be paid a $0.165 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.66 annualized dividend and a yield of 1.15%. Rollins’s payout ratio is currently 66.67%.

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.