27,169 Shares in Rollins, Inc. (NYSE:ROL) Purchased by Postrock Partners LLC

Postrock Partners LLC purchased a new stake in shares of Rollins, Inc. (NYSE:ROL) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 27,169 shares of the business services provider’s stock, valued at approximately $1,259,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ROL. Raymond James Financial Inc. bought a new position in shares of Rollins in the fourth quarter valued at about $74,249,000. Montrusco Bolton Investments Inc. grew its stake in shares of Rollins by 14.0% during the third quarter. Montrusco Bolton Investments Inc. now owns 9,397,497 shares of the business services provider’s stock valued at $465,503,000 after purchasing an additional 1,154,722 shares during the last quarter. Point72 Asset Management L.P. acquired a new stake in shares of Rollins in the third quarter valued at approximately $28,980,000. Allspring Global Investments Holdings LLC raised its position in Rollins by 96.1% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,000,045 shares of the business services provider’s stock worth $46,046,000 after purchasing an additional 490,183 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Rollins by 22.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,280,005 shares of the business services provider’s stock worth $115,323,000 after buying an additional 420,399 shares in the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Traci Hornfeck sold 3,224 shares of the company’s stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total value of $171,194.40. Following the transaction, the insider now owns 9,602 shares in the company, valued at approximately $509,866.20. This represents a 25.14 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Thomas D. Tesh sold 1,921 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $51.78, for a total value of $99,469.38. Following the transaction, the insider now owns 41,173 shares in the company, valued at approximately $2,131,937.94. This trade represents a 4.46 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 18,338 shares of company stock valued at $945,882 over the last ninety days. 4.69% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on ROL shares. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research note on Monday, January 6th. UBS Group lifted their price objective on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research report on Friday, January 17th. StockNews.com downgraded shares of Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday. Morgan Stanley lifted their price target on shares of Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Finally, Canaccord Genuity Group increased 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 company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $52.00.

Rollins Trading Up 0.3 %

Shares of Rollins stock opened at $50.69 on Friday. The stock has a market cap of $24.55 billion, a P/E ratio of 52.81 and a beta of 0.78. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30. Rollins, Inc. has a 12-month low of $41.72 and a 12-month high of $53.72. The business’s 50 day moving average is $49.65 and its 200-day moving average is $49.41.

Rollins (NYSE:ROL) last posted its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. Equities research analysts predict that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th were issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 1.30%. The ex-dividend date of this dividend was Tuesday, February 25th. Rollins’s dividend payout ratio is 68.75%.

Rollins 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.