ICW Investment Advisors LLC Acquires 1,115 Shares of Rollins, Inc. (NYSE:ROL)

ICW Investment Advisors LLC lifted its holdings in Rollins, Inc. (NYSE:ROL) by 3.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 30,859 shares of the business services provider’s stock after purchasing an additional 1,115 shares during the period. ICW Investment Advisors LLC’s holdings in Rollins were worth $1,430,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Hershey Financial Advisers LLC bought a new position in shares of Rollins in the 4th quarter worth approximately $1,324,000. LPL Financial LLC lifted its stake in shares of Rollins by 18.9% in the 4th quarter. LPL Financial LLC now owns 322,428 shares of the business services provider’s stock worth $14,945,000 after purchasing an additional 51,304 shares during the period. Fox Run Management L.L.C. bought a new position in shares of Rollins in the 4th quarter worth approximately $789,000. KLP Kapitalforvaltning AS bought a new position in shares of Rollins in the 4th quarter worth approximately $5,211,000. Finally, Quantbot Technologies LP lifted its stake in shares of Rollins by 62.4% in the 4th quarter. Quantbot Technologies LP now owns 86,792 shares of the business services provider’s stock worth $4,023,000 after purchasing an additional 33,333 shares during the period. Institutional investors own 51.79% of the company’s stock.

Insider Buying and Selling

In related news, insider Elizabeth B. Chandler sold 13,193 shares of the firm’s stock in a transaction 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 sale, the insider now directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Thomas D. Tesh sold 1,921 shares of the firm’s stock in a transaction 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 completion of the sale, the insider now owns 41,173 shares of the company’s stock, valued at approximately $2,131,937.94. This represents a 4.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 18,338 shares of company stock worth $945,882 over the last three months. 4.69% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Wells Fargo & Company increased their target price on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 target price on shares of Rollins in a report on Monday, January 6th. Canaccord Genuity Group increased their target price on shares of Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a report on Friday, February 14th. StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, March 12th. Finally, UBS Group increased their price objective on shares of Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a report on Friday, January 17th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $52.00.

Rollins Trading Down 0.1 %

ROL stock opened at $51.62 on Monday. The firm has a fifty day moving average price of $50.33 and a 200 day moving average price of $49.46. Rollins, Inc. has a fifty-two week low of $41.72 and a fifty-two week high of $53.72. 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 firm has a market cap of $25.04 billion, a PE ratio of 53.77 and a beta of 0.78.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. Sell-side analysts anticipate that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Dividend Announcement

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

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.