Mediolanum International Funds Ltd Makes New $796,000 Investment in Rollins, Inc. (NYSE:ROL)

Mediolanum International Funds Ltd purchased a new position in Rollins, Inc. (NYSE:ROL) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 17,201 shares of the business services provider’s stock, valued at approximately $796,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in ROL. B.O.S.S. Retirement Advisors LLC increased its stake in Rollins by 4.9% during the third 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 period. Eastern Bank grew its stake in shares of 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 purchasing an additional 236 shares during the period. Mather Group LLC. grew its stake in shares of 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 purchasing an additional 246 shares during the period. Raymond James Trust N.A. grew its stake in shares of 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 purchasing an additional 252 shares during the period. Finally, Motley Fool Asset Management LLC grew its stake in shares of 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 purchasing an additional 289 shares during the period. Institutional investors and hedge funds own 51.79% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on ROL shares. Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research note on Monday, January 6th. Barclays began coverage on Rollins in a research note on Monday, November 4th. They issued an “equal weight” rating and a $50.00 price objective on the stock. Morgan Stanley increased their price target on Rollins from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. Wells Fargo & Company increased their price target on Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. Finally, Canaccord Genuity Group began coverage on Rollins in a research report on Tuesday, January 7th. They set a “hold” rating and a $48.00 price target on the stock. Five research 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, the company has an average rating of “Hold” and a consensus price target of $51.50.

Rollins Stock Performance

ROL stock opened at $49.47 on Monday. The business’s fifty day moving average is $48.12 and its 200-day moving average is $48.90. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.34. The company has a market cap of $23.96 billion, a P/E ratio of 51.53 and a beta of 0.75. Rollins, Inc. has a twelve month low of $40.41 and a twelve month high of $52.16.

Rollins Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend is Tuesday, February 25th. Rollins’s payout ratio is presently 68.75%.

Insider Buying and Selling

In related news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the firm’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $49.88, for a total transaction of $735,730.00. Following the sale, the insider now owns 124,214 shares of the company’s stock, valued at approximately $6,195,794.32. This trade represents a 10.61 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 4.69% of the stock is currently owned by company insiders.

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.