Rollins, Inc. (NYSE:ROL) Shares Bought by Signaturefd LLC

Signaturefd LLC grew its holdings in Rollins, Inc. (NYSE:ROL) by 0.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 159,424 shares of the business services provider’s stock after buying an additional 663 shares during the period. Signaturefd LLC’s holdings in Rollins were worth $7,389,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Brooklyn Investment Group acquired a new position in Rollins in the third quarter valued at about $28,000. Centricity Wealth Management LLC purchased a new stake in shares of Rollins in the 4th quarter valued at approximately $31,000. True Wealth Design LLC lifted its holdings in shares of Rollins by 4,272.2% in the 3rd quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock worth $40,000 after acquiring an additional 769 shares during the last quarter. Versant Capital Management Inc boosted its position in shares of Rollins by 57.8% during the 4th quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock worth $41,000 after purchasing an additional 326 shares during the period. Finally, Atala Financial Inc acquired a new stake in Rollins in the 4th quarter valued at approximately $47,000. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Rollins

In related news, insider Elizabeth B. Chandler sold 13,193 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The stock was 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 directly owns 76,526 shares of the company’s stock, valued at $3,916,600.68. This represents a 14.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Traci Hornfeck sold 3,224 shares of the firm’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 transaction of $171,194.40. Following the sale, the insider now directly owns 9,602 shares in the company, valued at approximately $509,866.20. The trade was a 25.14 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 18,338 shares of company stock valued at $945,882 over the last quarter. 4.69% of the stock is owned by insiders.

Rollins Price Performance

ROL stock opened at $51.44 on Monday. Rollins, Inc. has a 1 year low of $41.72 and a 1 year high of $53.72. The firm has a market capitalization of $24.91 billion, a P/E ratio of 53.59 and a beta of 0.78. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62. The business’s 50-day moving average is $49.75 and its two-hundred day moving average is $49.41.

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, meeting the consensus estimate of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. Analysts anticipate that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 25th were paid a dividend of $0.165 per share. The ex-dividend date was Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.28%. Rollins’s payout ratio is currently 68.75%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a research note on Wednesday, March 12th. Royal Bank of Canada restated an “outperform” rating and set a $52.00 target price on shares of Rollins in a report on Monday, January 6th. Morgan Stanley lifted their target price on Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. UBS Group increased their price target on shares of Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research report on Friday, January 17th. Finally, Canaccord Genuity Group lifted their price objective on shares of Rollins from $48.00 to $49.00 and gave the company a “hold” rating in a report on Friday, February 14th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Rollins currently has an average rating of “Hold” and an average price target of $52.00.

About Rollins

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.