Campbell & CO Investment Adviser LLC Has $427,000 Stake in Rollins, Inc. (NYSE:ROL)

Campbell & CO Investment Adviser LLC trimmed its position in Rollins, Inc. (NYSE:ROL) by 84.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,788 shares of the business services provider’s stock after selling 51,624 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Rollins were worth $427,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. APG Asset Management US Inc. bought a new stake in Rollins in the fourth quarter valued at $77,075,000. California State Teachers Retirement System grew its position in Rollins by 5.1% in the fourth quarter. California State Teachers Retirement System now owns 459,608 shares of the business services provider’s stock valued at $20,071,000 after acquiring an additional 22,245 shares during the period. Bank of Nova Scotia grew its position in Rollins by 23.2% in the fourth quarter. Bank of Nova Scotia now owns 44,713 shares of the business services provider’s stock valued at $1,953,000 after acquiring an additional 8,414 shares during the period. TFO Wealth Partners LLC grew its position in Rollins by 47,772.7% in the fourth quarter. TFO Wealth Partners LLC now owns 5,266 shares of the business services provider’s stock valued at $230,000 after acquiring an additional 5,255 shares during the period. Finally, Olympiad Research LP bought a new stake in Rollins in the fourth quarter valued at $204,000. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Rollins Trading Up 0.5 %

NYSE:ROL opened at $46.79 on Tuesday. Rollins, Inc. has a 1-year low of $32.19 and a 1-year high of $47.69. The business’s 50-day moving average price is $45.44 and its two-hundred day moving average price is $44.17. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $22.66 billion, a price-to-earnings ratio of 52.57, a PEG ratio of 3.55 and a beta of 0.66.

Rollins (NYSE:ROL) last released its earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share for the quarter, meeting the consensus estimate of $0.20. Rollins had a return on equity of 37.73% and a net margin of 13.94%. The firm had revenue of $748.35 million for the quarter, compared to analyst estimates of $739.12 million. During the same quarter in the prior year, the firm posted $0.18 earnings per share. The company’s quarterly revenue was up 13.7% on a year-over-year basis. On average, equities analysts expect that Rollins, Inc. will post 1 earnings per share for the current year.

Rollins Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Friday, May 10th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.28%. The ex-dividend date of this dividend was Thursday, May 9th. Rollins’s payout ratio is 67.42%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on ROL shares. StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a report on Thursday, April 25th. Royal Bank of Canada restated an “outperform” rating and set a $52.00 target price on shares of Rollins in a report on Thursday, February 15th. UBS Group restated a “neutral” rating and set a $49.00 target price on shares of Rollins in a report on Monday, April 15th. Finally, Morgan Stanley increased their target price on Rollins from $42.00 to $43.00 and gave the stock an “equal weight” rating in a report on Friday, April 26th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $47.00.

Insider Buying and Selling at Rollins

In other Rollins news, CFO Kenneth D. Krause sold 3,331 shares of the stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of $47.50, for a total value of $158,222.50. Following the transaction, the chief financial officer now owns 90,747 shares of the company’s stock, valued at $4,310,482.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, CFO Kenneth D. Krause sold 3,331 shares of the firm’s stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of $47.50, for a total transaction of $158,222.50. Following the sale, the chief financial officer now owns 90,747 shares of the company’s stock, valued at $4,310,482.50. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Jerry Jr. Gahlhoff sold 12,000 shares of the firm’s stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $47.20, for a total value of $566,400.00. Following the sale, the chief executive officer now directly owns 288,671 shares in the company, valued at approximately $13,625,271.20. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 25,331 shares of company stock valued at $1,180,523. 4.69% of the stock is currently owned by company insiders.

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.