Rollins, Inc. (NYSE:ROL) Receives $51.50 Average Target Price from Analysts

Rollins, Inc. (NYSE:ROL) has been given a consensus rating of “Hold” by the six ratings firms that are presently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $51.50.

ROL has been the topic of a number of recent research reports. Morgan Stanley raised their target price on Rollins from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Thursday, December 12th. UBS Group boosted their target price on shares of Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. Canaccord Genuity Group initiated coverage on shares of Rollins in a research note on Tuesday, January 7th. They issued a “hold” rating and a $48.00 price target on the stock. StockNews.com downgraded Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research report on Monday, January 6th.

Insider Activity

In other Rollins news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $49.88, for a total value of $735,730.00. Following the completion of the sale, the insider now directly owns 124,214 shares of the company’s stock, valued at approximately $6,195,794.32. This represents a 10.61 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 4.69% of the stock is owned by insiders.

Institutional Trading of Rollins

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Trust Point Inc. bought a new stake in Rollins during the fourth quarter worth approximately $745,000. Conestoga Capital Advisors LLC boosted its stake in shares of Rollins by 1.3% during the 4th quarter. Conestoga Capital Advisors LLC now owns 1,022,325 shares of the business services provider’s stock worth $47,385,000 after acquiring an additional 12,755 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. grew its holdings in shares of Rollins by 45.5% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 287,536 shares of the business services provider’s stock worth $13,327,000 after acquiring an additional 89,899 shares during the last quarter. Mediolanum International Funds Ltd acquired a new stake in shares of Rollins during the fourth quarter worth $796,000. Finally, R Squared Ltd purchased a new stake in shares of Rollins during the fourth quarter valued at $194,000. 51.79% of the stock is currently owned by institutional investors.

Rollins Stock Down 0.6 %

Shares of Rollins stock opened at $48.32 on Monday. Rollins has a twelve month low of $40.41 and a twelve month high of $52.16. The stock has a market capitalization of $23.40 billion, a price-to-earnings ratio of 50.33 and a beta of 0.75. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 0.34. The business’s 50 day simple moving average is $48.17 and its 200-day simple moving average is $48.90.

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th will be paid a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date is Tuesday, February 25th. Rollins’s payout ratio is currently 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.