Hershey Financial Advisers LLC Makes New $1.32 Million Investment in Rollins, Inc. (NYSE:ROL)

Hershey Financial Advisers LLC bought a new position in Rollins, Inc. (NYSE:ROL) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 28,576 shares of the business services provider’s stock, valued at approximately $1,324,000.

Other hedge funds also recently bought and sold shares of the company. Eastern Bank increased its holdings in shares of Rollins by 0.5% during the 4th quarter. Eastern Bank now owns 50,410 shares of the business services provider’s stock valued at $2,337,000 after acquiring an additional 236 shares during the last quarter. Raymond James Trust N.A. increased its holdings in shares of Rollins by 1.9% during the 3rd quarter. Raymond James Trust N.A. now owns 13,283 shares of the business services provider’s stock valued at $672,000 after acquiring an additional 252 shares during the last quarter. Kensington Investment Counsel LLC increased its holdings in shares of Rollins by 0.7% during the 4th quarter. Kensington Investment Counsel LLC now owns 38,120 shares of the business services provider’s stock valued at $1,767,000 after acquiring an additional 263 shares during the last quarter. New York Life Investment Management LLC increased its holdings in shares of Rollins by 0.7% during the 4th quarter. New York Life Investment Management LLC now owns 37,794 shares of the business services provider’s stock valued at $1,752,000 after acquiring an additional 274 shares during the last quarter. Finally, Motley Fool Asset Management LLC increased its holdings in shares of Rollins by 3.0% during the 3rd quarter. Motley Fool Asset Management LLC now owns 10,072 shares of the business services provider’s stock valued at $509,000 after acquiring an additional 289 shares during the last quarter. 51.79% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Rollins

In other news, 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 transaction 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Traci Hornfeck sold 3,224 shares of the stock in a transaction that occurred on Tuesday, March 4th. The stock was 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 trade represents a 25.14 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 18,338 shares of company stock valued at $945,882 over the last three months. Company insiders own 4.69% of the company’s stock.

Rollins Stock Down 0.1 %

NYSE:ROL opened at $51.62 on Monday. Rollins, Inc. has a 1 year low of $41.72 and a 1 year high of $53.72. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30. The stock has a market cap of $25.04 billion, a price-to-earnings ratio of 53.77 and a beta of 0.78. The stock has a 50-day moving average price of $50.33 and a two-hundred day moving average price of $49.46.

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

Rollins Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th were given a dividend of $0.165 per share. The ex-dividend date was Tuesday, February 25th. This represents a $0.66 annualized dividend and a dividend yield of 1.28%. Rollins’s dividend payout ratio is currently 68.75%.

Analyst Upgrades and Downgrades

ROL has been the subject of several recent analyst reports. Royal Bank of Canada restated an “outperform” rating and set a $52.00 target price on shares of Rollins in a research note on Monday, January 6th. Wells Fargo & Company increased their target price on Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Morgan Stanley increased their target price on Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. UBS Group increased their target price on Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. Finally, Canaccord Genuity Group increased their target price on Rollins from $48.00 to $49.00 and gave the company a “hold” rating in a research note 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. According to data from MarketBeat, Rollins presently has an average rating of “Hold” and an average target price of $52.00.

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.