BankPlus Trust Department Takes Position in Rollins, Inc. (NYSE:ROL)

BankPlus Trust Department bought a new stake in Rollins, Inc. (NYSE:ROL) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 3,596 shares of the business services provider’s stock, valued at approximately $167,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Eastern Bank raised its holdings in shares of 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 last quarter. Raymond James Trust N.A. grew its position in 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 valued at $672,000 after buying an additional 252 shares during the period. Motley Fool Asset Management LLC grew its position in Rollins by 3.0% during the third quarter. Motley Fool Asset Management LLC now owns 10,072 shares of the business services provider’s stock valued at $509,000 after buying an additional 289 shares during the period. Mather Group LLC. grew its position in Rollins by 9.8% during the fourth quarter. Mather Group LLC. now owns 3,325 shares of the business services provider’s stock valued at $154,000 after buying an additional 298 shares during the period. Finally, Empirical Finance LLC grew its position in Rollins by 3.9% during the third quarter. Empirical Finance LLC now owns 8,123 shares of the business services provider’s stock valued at $411,000 after buying an additional 302 shares during the period. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Insider Transactions at Rollins

In other news, insider Elizabeth B. Chandler sold 13,193 shares of the 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 sale, the insider now directly owns 76,526 shares of the company’s stock, valued at approximately $3,916,600.68. This represents a 14.70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 4.69% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, February 19th. Royal Bank of Canada restated an “outperform” rating and set a $52.00 price target on shares of Rollins in a research report on Monday, January 6th. UBS Group increased their price target on shares of Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research report on Friday, January 17th. Wells Fargo & Company increased their price target on shares of Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research report on Monday, December 16th. Finally, Barclays started coverage on shares of Rollins in a research report on Monday, November 4th. They set an “equal weight” rating and a $50.00 price target for the company. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $52.00.

Rollins Price Performance

Shares of NYSE:ROL opened at $51.36 on Tuesday. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $24.87 billion, a PE ratio of 53.50 and a beta of 0.76. Rollins, Inc. has a twelve month low of $41.72 and a twelve month high of $52.83. The company has a 50-day moving average price of $48.34 and a two-hundred day moving average price of $49.15.

Rollins (NYSE:ROL) last issued 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 net margin of 13.76% and a return on equity of 37.94%. Equities analysts forecast that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders 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 1.29%. The ex-dividend date of this dividend is Tuesday, February 25th. Rollins’s payout ratio is 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.