Rollins, Inc. (NYSE:ROL) Shares Sold by GSB Wealth Management LLC

GSB Wealth Management LLC cut its stake in shares of Rollins, Inc. (NYSE:ROL) by 3.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 29,895 shares of the business services provider’s stock after selling 1,086 shares during the quarter. GSB Wealth Management LLC’s holdings in Rollins were worth $1,386,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. B.O.S.S. Retirement Advisors LLC grew its stake in Rollins by 4.9% in the 3rd quarter. B.O.S.S. Retirement Advisors LLC now owns 4,543 shares of the business services provider’s stock valued at $230,000 after acquiring an additional 212 shares during the last quarter. Eastern Bank grew its stake in Rollins by 0.5% in 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. Mather Group LLC. grew its stake in Rollins by 8.8% in the 3rd quarter. Mather Group LLC. now owns 3,027 shares of the business services provider’s stock valued at $153,000 after acquiring an additional 246 shares during the last quarter. Raymond James Trust N.A. grew its stake in Rollins by 1.9% in 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. Finally, Motley Fool Asset Management LLC grew its stake in Rollins by 3.0% in 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.

Rollins Trading Down 0.6 %

Shares of ROL stock opened at $48.32 on Friday. The firm’s 50-day simple moving average is $48.17 and its 200-day simple moving average is $48.91. The firm has a market cap of $23.40 billion, a P/E ratio of 50.33 and a beta of 0.75. Rollins, Inc. has a 1-year low of $40.41 and a 1-year high of $52.16. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.78 and a quick ratio of 0.72.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, October 23rd. The business services provider reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.01). The business had revenue of $916.27 million for the quarter, compared to analyst estimates of $911.15 million. Rollins had a return on equity of 38.67% and a net margin of 14.18%. The firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period last year, the company posted $0.28 EPS. As a group, equities analysts forecast that Rollins, Inc. will post 0.99 EPS for the current year.

Rollins Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be given 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 dividend payout ratio (DPR) is presently 68.75%.

Insider Buying and Selling

In other Rollins news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the stock in a transaction that occurred on 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 owns 124,214 shares of the company’s stock, valued at $6,195,794.32. This trade represents a 10.61 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 4.69% of the company’s stock.

Wall Street Analysts Forecast Growth

ROL has been the topic of a number of research reports. 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 research note on Friday, January 17th. Canaccord Genuity Group began coverage on shares of Rollins in a report on Tuesday, January 7th. They issued a “hold” rating and a $48.00 target price on the stock. Morgan Stanley upped their target price on shares of Rollins from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. Barclays began coverage on shares of Rollins in a report on Monday, November 4th. They issued an “equal weight” rating and a $50.00 target price on the stock. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $52.00 target price on shares of Rollins in a report on Monday, January 6th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Rollins currently has an average rating of “Hold” and an average target price of $51.50.

Rollins 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.