Rollins, Inc. (NYSE:ROL) Shares Acquired by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich increased its holdings in shares of Rollins, Inc. (NYSE:ROL) by 50.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 465,743 shares of the business services provider’s stock after purchasing an additional 155,861 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in Rollins were worth $22,439,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Machina Capital S.A.S. raised its holdings in shares of Rollins by 96.4% during the 4th quarter. Machina Capital S.A.S. now owns 14,686 shares of the business services provider’s stock valued at $681,000 after buying an additional 7,209 shares during the period. Andra AP fonden acquired a new stake in Rollins in the fourth quarter valued at approximately $681,000. Edgestream Partners L.P. purchased a new stake in shares of Rollins during the fourth quarter valued at approximately $3,408,000. Ashton Thomas Private Wealth LLC lifted its position in shares of Rollins by 18.4% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 4,765 shares of the business services provider’s stock worth $221,000 after purchasing an additional 740 shares in the last quarter. Finally, Vestmark Advisory Solutions Inc. boosted its stake in shares of Rollins by 4.0% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 97,541 shares of the business services provider’s stock valued at $4,521,000 after purchasing an additional 3,749 shares during the period. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Rollins Stock Up 0.2 %

Shares of NYSE:ROL opened at $51.80 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69. The company’s fifty day moving average is $49.24 and its two-hundred day moving average is $49.37. Rollins, Inc. has a 1-year low of $41.72 and a 1-year high of $53.72. The stock has a market capitalization of $25.08 billion, a price-to-earnings ratio of 53.95 and a beta of 0.78.

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 the consensus estimate of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. Equities analysts anticipate that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

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. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend is Tuesday, February 25th. Rollins’s dividend payout ratio (DPR) is 68.75%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on ROL shares. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research report on Monday, January 6th. Canaccord Genuity Group increased their price target on Rollins from $48.00 to $49.00 and gave the company a “hold” rating in a report on Friday, February 14th. Wells Fargo & Company lifted their price objective on Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, February 19th. Finally, Morgan Stanley upped their price target on shares of Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $52.00.

Insider Activity at Rollins

In related news, insider Elizabeth B. Chandler sold 13,193 shares of the firm’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 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 completion of the sale, the insider now owns 9,602 shares of the company’s stock, valued at $509,866.20. This trade represents a 25.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 4.69% of the company’s stock.

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.