MJP Associates Inc. ADV Invests $235,000 in Rollins, Inc. (NYSE:ROL)

MJP Associates Inc. ADV acquired a new stake in shares of Rollins, Inc. (NYSE:ROL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 5,386 shares of the business services provider’s stock, valued at approximately $235,000.

Other institutional investors have also added to or reduced their stakes in the company. Parkside Financial Bank & Trust grew its position in Rollins by 5.3% in the second quarter. Parkside Financial Bank & Trust now owns 4,927 shares of the business services provider’s stock worth $211,000 after acquiring an additional 250 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of Rollins by 2.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 9,871 shares of the business services provider’s stock worth $342,000 after purchasing an additional 258 shares in the last quarter. Avantax Advisory Services Inc. boosted its holdings in shares of Rollins by 3.8% in the 3rd quarter. Avantax Advisory Services Inc. now owns 7,150 shares of the business services provider’s stock worth $267,000 after purchasing an additional 263 shares in the last quarter. Horizon Investments LLC increased its position in shares of Rollins by 7.7% during the 2nd quarter. Horizon Investments LLC now owns 3,889 shares of the business services provider’s stock valued at $166,000 after purchasing an additional 277 shares during the last quarter. Finally, Apeiron RIA LLC lifted its position in Rollins by 3.7% in the 3rd quarter. Apeiron RIA LLC now owns 9,210 shares of the business services provider’s stock worth $344,000 after buying an additional 332 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors.

Rollins Stock Performance

ROL stock traded down $0.43 on Thursday, hitting $46.27. The company had a trading volume of 1,364,041 shares, compared to its average volume of 1,952,683. Rollins, Inc. has a 12-month low of $32.19 and a 12-month high of $47.45. The stock has a market cap of $22.42 billion, a price-to-earnings ratio of 53.07, a P/E/G ratio of 3.62 and a beta of 0.63. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.42. The stock’s 50-day simple moving average is $44.19 and its 200 day simple moving average is $41.03.

Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, February 14th. The business services provider reported $0.21 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.21. The firm had revenue of $754.10 million for the quarter, compared to analysts’ expectations of $753.40 million. Rollins had a return on equity of 35.97% and a net margin of 14.15%. The business’s quarterly revenue was up 14.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.17 EPS. As a group, equities research analysts expect that Rollins, Inc. will post 0.99 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Wednesday, February 21st were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date was Tuesday, February 20th. Rollins’s payout ratio is presently 68.18%.

Analyst Ratings Changes

Several research firms recently commented on ROL. StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. Morgan Stanley initiated coverage on shares of Rollins in a report on Thursday, December 21st. They issued an “equal weight” rating and a $42.00 price objective for the company. UBS Group cut their target price on shares of Rollins from $50.00 to $49.00 and set a “buy” rating on the stock in a research note on Friday, February 16th. Royal Bank of Canada restated an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a report on Thursday, February 15th. Finally, The Goldman Sachs Group assumed coverage on Rollins in a research note on Tuesday, January 2nd. They issued a “buy” rating and a $49.00 target price for the company. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $46.83.

Insider Buying and Selling at Rollins

In related news, CFO Kenneth D. Krause sold 5,000 shares of the firm’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $46.18, for a total value of $230,900.00. Following the completion of the transaction, the chief financial officer now directly owns 99,078 shares of the company’s stock, valued at $4,575,422.04. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total value of $230,900.00. Following 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 document filed with the SEC, which is available at this link. Also, insider Traci Hornfeck sold 2,677 shares of the company’s stock in a transaction dated Thursday, February 29th. The stock was sold at an average price of $43.48, for a total transaction of $116,395.96. Following the completion of the transaction, the insider now owns 14,376 shares in the company, valued at $625,068.48. The disclosure for this sale can be found here. Insiders sold 22,824 shares of company stock worth $994,558 in the last quarter. 4.69% of the stock is owned by corporate insiders.

Rollins Company 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.