Everpar Advisors LLC Takes Position in Rollins, Inc. (NYSE:ROL)

Everpar Advisors LLC bought a new position in shares of Rollins, Inc. (NYSE:ROL) in the 4th quarter, Holdings Channel.com reports. The firm bought 14,272 shares of the business services provider’s stock, valued at approximately $623,000.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Rollins by 18.7% during the third quarter. Vanguard Group Inc. now owns 32,020,007 shares of the business services provider’s stock valued at $1,195,307,000 after buying an additional 5,041,371 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in shares of Rollins by 40.6% during the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 9,293,419 shares of the business services provider’s stock valued at $346,923,000 after purchasing an additional 2,682,017 shares during the last quarter. Invesco Ltd. grew its position in shares of Rollins by 18.4% during the third quarter. Invesco Ltd. now owns 3,992,323 shares of the business services provider’s stock valued at $149,033,000 after purchasing an additional 620,179 shares in the last quarter. Northern Trust Corp increased its holdings in shares of Rollins by 10.9% in the third quarter. Northern Trust Corp now owns 3,165,604 shares of the business services provider’s stock worth $118,172,000 after purchasing an additional 312,274 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of Rollins by 19.8% in the third quarter. Allspring Global Investments Holdings LLC now owns 2,200,424 shares of the business services provider’s stock worth $82,142,000 after buying an additional 363,386 shares in the last quarter. 51.79% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Elizabeth B. Chandler sold 10,000 shares of Rollins stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total transaction of $410,500.00. Following the completion of the sale, the insider now owns 99,709 shares in the company, valued at approximately $4,093,054.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, insider Elizabeth B. Chandler sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total value of $410,500.00. Following the completion of the sale, the insider now owns 99,709 shares of the company’s stock, valued at approximately $4,093,054.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Traci Hornfeck sold 2,677 shares of the stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $43.48, for a total value of $116,395.96. Following the sale, the insider now directly owns 14,376 shares in the company, valued at approximately $625,068.48. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 27,824 shares of company stock valued at $1,219,558. 4.69% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

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

Rollins Trading Up 0.2 %

Shares of ROL stock traded up $0.08 during trading hours on Tuesday, reaching $47.18. 1,487,085 shares of the stock were exchanged, compared to its average volume of 1,942,982. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.44. Rollins, Inc. has a 12-month low of $32.19 and a 12-month high of $47.62. The firm has a market capitalization of $22.85 billion, a price-to-earnings ratio of 53.01, a price-to-earnings-growth ratio of 3.53 and a beta of 0.65. The company’s 50-day moving average price is $45.05 and its 200-day moving average price is $42.71.

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

Rollins Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Stockholders 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 dividend yield of 1.27%. Rollins’s dividend payout ratio (DPR) is 67.42%.

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.