Rollins, Inc. (NYSE:ROL) Stock Holdings Decreased by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. decreased its stake in shares of Rollins, Inc. (NYSE:ROL) by 91.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,087 shares of the business services provider’s stock after selling 75,855 shares during the period. Landscape Capital Management L.L.C.’s holdings in Rollins were worth $328,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Geode Capital Management LLC raised its stake in Rollins by 17.6% during the fourth quarter. Geode Capital Management LLC now owns 8,557,923 shares of the business services provider’s stock valued at $395,819,000 after buying an additional 1,282,508 shares in the last quarter. Norges Bank bought a new stake in shares of Rollins in the 4th quarter valued at approximately $176,784,000. JPMorgan Chase & Co. raised its position in shares of Rollins by 22.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,280,005 shares of the business services provider’s stock valued at $115,323,000 after acquiring an additional 420,399 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Rollins by 3.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,251,275 shares of the business services provider’s stock worth $104,347,000 after purchasing an additional 83,326 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in Rollins by 8.0% in the fourth quarter. Bank of New York Mellon Corp now owns 2,232,385 shares of the business services provider’s stock worth $103,471,000 after purchasing an additional 164,720 shares during the period. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Rollins

In other news, insider Thomas D. Tesh sold 1,921 shares of the company’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 in the company, valued at $2,131,937.94. This represents a 4.46 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Elizabeth B. Chandler sold 13,193 shares of the firm’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $51.18, for a total value of $675,217.74. Following the transaction, the insider now directly owns 76,526 shares of the company’s stock, valued at $3,916,600.68. This represents a 14.70 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 18,338 shares of company stock worth $945,882 in the last 90 days. Corporate insiders own 4.47% of the company’s stock.

Rollins Stock Performance

ROL opened at $50.92 on Tuesday. 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 business’s 50 day moving average is $51.49 and its 200-day moving average is $49.70. The stock has a market cap of $24.70 billion, a PE ratio of 53.04 and a beta of 0.80. Rollins, Inc. has a twelve month low of $41.72 and a twelve month high of $56.26.

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

Rollins Announces Dividend

The business also recently announced 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 of this dividend was Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a yield of 1.30%. Rollins’s dividend payout ratio is presently 68.75%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ROL. Barclays raised their price target on shares of Rollins from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Friday. Wells Fargo & Company raised 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. StockNews.com lowered Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, March 12th. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price target on shares of Rollins in a report on Monday, January 6th. Finally, Canaccord Genuity Group boosted their price objective on Rollins from $48.00 to $49.00 and gave the company a “hold” rating in a research 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. According to MarketBeat.com, Rollins has a consensus rating of “Hold” and an average target price of $52.83.

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.