Rollins, Inc. (NYSE:ROL) Insider Sells $171,194.40 in Stock

Rollins, Inc. (NYSE:ROL) insider Traci Hornfeck sold 3,224 shares of the business’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 sale, the insider now owns 9,602 shares of the company’s stock, valued at approximately $509,866.20. This represents a 25.14 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Rollins Price Performance

ROL stock traded up $0.24 during mid-day trading on Wednesday, hitting $52.76. The stock had a trading volume of 637,877 shares, compared to its average volume of 1,559,695. The firm has a fifty day simple moving average of $48.92 and a 200 day simple moving average of $49.31. Rollins, Inc. has a 52 week low of $41.72 and a 52 week high of $53.72. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $25.55 billion, a P/E ratio of 54.99 and a beta of 0.76.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, meeting 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, research analysts forecast that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Dividend Announcement

The firm 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 dividend of $0.165 per share. The ex-dividend date is Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.25%. Rollins’s dividend payout ratio (DPR) is currently 68.75%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, February 19th. Canaccord Genuity Group lifted their price objective on shares of Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research note on Friday, February 14th. Wells Fargo & Company increased their target price on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. Morgan Stanley lifted their price target 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 reiterated an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research note on Monday, January 6th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $52.00.

Institutional Trading of Rollins

Large investors have recently bought and sold shares of the business. Brooklyn Investment Group acquired a new position in Rollins during the third quarter worth about $28,000. Murphy & Mullick Capital Management Corp bought a new stake in shares of Rollins during the 4th quarter valued at approximately $29,000. Centricity Wealth Management LLC acquired a new position in Rollins during the 4th quarter worth approximately $31,000. Mizuho Bank Ltd. bought a new position in Rollins in the 4th quarter valued at approximately $37,000. Finally, True Wealth Design LLC boosted 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 buying an additional 769 shares in the last quarter. 51.79% of the stock is owned by institutional investors and hedge funds.

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.