Wealth Alliance Purchases 522 Shares of Rollins, Inc. (NYSE:ROL)

Wealth Alliance lifted its position in shares of Rollins, Inc. (NYSE:ROL) by 7.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,642 shares of the business services provider’s stock after buying an additional 522 shares during the period. Wealth Alliance’s holdings in Rollins were worth $334,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Treasurer of the State of North Carolina lifted its holdings in shares of Rollins by 14.9% in the 3rd quarter. Treasurer of the State of North Carolina now owns 118,662 shares of the business services provider’s stock worth $4,430,000 after acquiring an additional 15,393 shares during the last quarter. Caprock Group LLC bought a new stake in Rollins in the fourth quarter worth $1,617,000. Asset Management One Co. Ltd. lifted its stake in Rollins by 17.7% in the fourth quarter. Asset Management One Co. Ltd. now owns 171,348 shares of the business services provider’s stock worth $7,498,000 after purchasing an additional 25,709 shares during the last quarter. Crown Oak Advisors LLC purchased a new stake in Rollins during the fourth quarter valued at about $9,547,000. Finally, Briaud Financial Planning Inc bought a new position in shares of Rollins during the third quarter valued at about $98,000. Institutional investors own 51.79% of the company’s stock.

Insider Transactions at Rollins

In related news, insider Elizabeth B. Chandler sold 10,000 shares of Rollins stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total transaction of $410,500.00. Following the sale, the insider now directly owns 99,709 shares in the company, valued at $4,093,054.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Rollins news, CFO Kenneth D. Krause sold 5,000 shares of the company’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $46.18, for a total value of $230,900.00. Following the sale, the chief financial officer now owns 99,078 shares in the company, valued at $4,575,422.04. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Elizabeth B. Chandler sold 10,000 shares of Rollins stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total transaction of $410,500.00. Following the transaction, the insider now owns 99,709 shares of the company’s stock, valued at $4,093,054.45. The disclosure for this sale can be found here. In the last quarter, insiders sold 22,824 shares of company stock valued at $994,558. Corporate insiders own 4.69% of the company’s stock.

Rollins Stock Performance

Shares of ROL stock opened at $42.44 on Friday. The firm has a market capitalization of $20.56 billion, a price-to-earnings ratio of 48.23, a PEG ratio of 3.40 and a beta of 0.63. The stock has a fifty day moving average of $44.50 and a 200 day moving average of $41.82. Rollins, Inc. has a 52 week low of $32.19 and a 52 week high of $47.45. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.42.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, February 14th. The business services provider reported $0.21 EPS for the quarter, hitting the consensus estimate of $0.21. Rollins had a net margin of 14.15% and a return on equity of 35.97%. The firm had revenue of $754.10 million during the quarter, compared to analysts’ expectations of $753.40 million. During the same period last year, the company posted $0.17 EPS. The company’s quarterly revenue was up 14.0% compared to the same quarter last year. As a group, research analysts expect that Rollins, Inc. will post 0.99 earnings per share for the current year.

Rollins Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Wednesday, February 21st were issued a dividend of $0.15 per share. The ex-dividend date was Tuesday, February 20th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.41%. Rollins’s dividend payout ratio (DPR) is 68.18%.

Analysts Set New Price Targets

ROL has been the subject of several analyst reports. StockNews.com upgraded Rollins from a “hold” rating to a “buy” rating in a report on Wednesday. Royal Bank of Canada reissued an “outperform” rating and set a $52.00 price objective on shares of Rollins in a research note on Thursday, February 15th. Morgan Stanley started coverage on shares of Rollins in a research note on Thursday, December 21st. They issued an “equal weight” rating and a $42.00 target price on the stock. The Goldman Sachs Group initiated coverage on shares of Rollins in a research report on Tuesday, January 2nd. They set a “buy” rating and a $49.00 price target for the company. Finally, UBS Group restated a “neutral” rating and issued a $49.00 price objective on shares of Rollins in a research report on Monday. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Rollins presently has an average rating of “Moderate Buy” and a consensus target price of $46.83.

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.