Rollins (NYSE:ROL) Reaches New 1-Year High at $47.62

Rollins, Inc. (NYSE:ROL) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $47.62 and last traded at $47.28, with a volume of 29170 shares traded. The stock had previously closed at $47.10.

Analyst Upgrades and Downgrades

ROL has been the topic of a number of recent research reports. UBS Group reissued a “neutral” rating and issued a $49.00 target price on shares of Rollins in a report on Monday, April 15th. Morgan Stanley upped their price objective on Rollins from $42.00 to $43.00 and gave the stock an “equal weight” rating in a report on Friday, April 26th. StockNews.com lowered Rollins from a “buy” rating to a “hold” rating in a report on Thursday, April 25th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 price objective on shares of Rollins in a report on Thursday, February 15th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Rollins presently has an average rating of “Moderate Buy” and an average price target of $47.00.

Rollins Stock Performance

The stock has a 50-day simple moving average of $45.18 and a 200 day simple moving average of $42.76. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.72 and a quick ratio of 0.66. The company has a market capitalization of $22.76 billion, a PE ratio of 52.82, a P/E/G ratio of 3.53 and a beta of 0.65.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, April 24th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. Rollins had a return on equity of 37.73% and a net margin of 13.94%. The business had revenue of $748.35 million for the quarter, compared to the consensus estimate of $739.12 million. During the same period in the prior year, the business earned $0.18 earnings per share. The business’s revenue was up 13.7% on a year-over-year basis. Equities analysts anticipate that Rollins, Inc. will post 1 EPS for the current fiscal year.

Rollins Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Friday, May 10th will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, May 9th. This represents a $0.60 annualized dividend and a yield of 1.28%. Rollins’s dividend payout ratio (DPR) is presently 67.42%.

Insider Buying and Selling

In other Rollins news, CFO Kenneth D. Krause sold 5,000 shares of the company’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total transaction of $230,900.00. Following the completion of the sale, the chief financial officer now directly owns 99,078 shares in the company, valued at $4,575,422.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total value of $230,900.00. Following the completion of the sale, the chief financial officer now owns 99,078 shares in the company, valued at $4,575,422.04. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Traci Hornfeck sold 2,677 shares of the stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $43.48, for a total value of $116,395.96. Following the completion of the sale, the insider now owns 14,376 shares of the company’s stock, valued at approximately $625,068.48. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 27,824 shares of company stock worth $1,219,558. 4.69% of the stock is owned by company insiders.

Institutional Investors Weigh In On Rollins

Large investors have recently modified their holdings of the stock. Lindbrook Capital LLC boosted its holdings in Rollins by 72.4% in the fourth quarter. Lindbrook Capital LLC now owns 619 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 260 shares during the last quarter. Spire Wealth Management lifted its holdings in Rollins by 139.7% during the 4th quarter. Spire Wealth Management now owns 755 shares of the business services provider’s stock worth $33,000 after buying an additional 440 shares during the last quarter. Principal Securities Inc. bought a new position in Rollins during the 4th quarter worth approximately $36,000. Operose Advisors LLC bought a new position in Rollins during the 3rd quarter worth approximately $47,000. Finally, Blue Trust Inc. lifted its holdings in Rollins by 65.9% during the 4th quarter. Blue Trust Inc. now owns 1,453 shares of the business services provider’s stock worth $63,000 after buying an additional 577 shares during the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

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.