Taylor Frigon Capital Management LLC Has $1.45 Million Holdings in Rollins, Inc. (NYSE:ROL)

Taylor Frigon Capital Management LLC lessened its position in shares of Rollins, Inc. (NYSE:ROL) by 1.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,239 shares of the business services provider’s stock after selling 547 shares during the quarter. Taylor Frigon Capital Management LLC’s holdings in Rollins were worth $1,448,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of ROL. Creative Planning grew its holdings in shares of Rollins by 27.1% during the 3rd quarter. Creative Planning now owns 23,169 shares of the business services provider’s stock worth $1,172,000 after purchasing an additional 4,946 shares in the last quarter. International Assets Investment Management LLC grew its position in Rollins by 4,900.2% in the third quarter. International Assets Investment Management LLC now owns 83,154 shares of the business services provider’s stock valued at $4,206,000 after acquiring an additional 81,491 shares during the period. Allworth Financial LP grew its position in Rollins by 175.2% in the third quarter. Allworth Financial LP now owns 2,086 shares of the business services provider’s stock valued at $106,000 after acquiring an additional 1,328 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in Rollins by 88.6% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 23,233 shares of the business services provider’s stock valued at $1,160,000 after acquiring an additional 10,912 shares during the period. Finally, Forsta AP Fonden grew its position in Rollins by 10.3% in the third quarter. Forsta AP Fonden now owns 55,900 shares of the business services provider’s stock valued at $2,827,000 after acquiring an additional 5,200 shares during the period. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Price Performance

Shares of ROL stock opened at $51.24 on Thursday. The stock’s fifty day moving average is $48.40 and its 200-day moving average is $49.18. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69. The stock has a market capitalization of $24.81 billion, a PE ratio of 53.38 and a beta of 0.76. Rollins, Inc. has a 52 week low of $41.72 and a 52 week high of $52.83.

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

Rollins Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders 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 dividend yield of 1.29%. The ex-dividend date is Tuesday, February 25th. Rollins’s dividend payout ratio (DPR) is presently 68.75%.

Insider Activity

In other news, insider Elizabeth B. Chandler sold 13,193 shares of the company’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $51.18, for a total transaction of $675,217.74. Following the transaction, the insider now owns 76,526 shares of the company’s stock, valued at $3,916,600.68. This represents a 14.70 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 4.69% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of brokerages have weighed in on ROL. Wells Fargo & Company upped their price target on Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research report on Monday, December 16th. Morgan Stanley upped their price target on Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. UBS Group upped their price target on Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research report on Friday, January 17th. Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research report on Monday, January 6th. Finally, Canaccord Genuity Group upped their price target on Rollins from $48.00 to $49.00 and gave the company a “hold” rating in a research report on Friday, February 14th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $52.00.

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.