Rollins, Inc. (NYSE:ROL) Stock Holdings Lifted by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC raised its position in shares of Rollins, Inc. (NYSE:ROL) by 17.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,526 shares of the business services provider’s stock after purchasing an additional 1,269 shares during the period. Orion Portfolio Solutions LLC’s holdings in Rollins were worth $431,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ROL. Brooklyn Investment Group acquired a new position in Rollins in the third quarter worth approximately $28,000. Quest Partners LLC acquired a new position in shares of Rollins during the 2nd quarter worth $33,000. Ridgewood Investments LLC bought a new position in shares of Rollins during the 2nd quarter valued at $34,000. True Wealth Design LLC lifted its stake in shares of Rollins by 4,272.2% in the 3rd quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 769 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. boosted its holdings in Rollins by 10,233.3% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 930 shares of the business services provider’s stock worth $45,000 after purchasing an additional 921 shares in the last quarter. 51.79% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Rollins

In other Rollins news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the business’s stock in a transaction 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 sale, the insider now owns 124,214 shares of the company’s stock, valued at $6,195,794.32. The trade was a 10.61 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Elizabeth B. Chandler sold 4,685 shares of the stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $50.49, for a total transaction of $236,545.65. Following the completion of the transaction, the insider now owns 84,653 shares of the company’s stock, valued at approximately $4,274,129.97. This represents a 5.24 % decrease in their position. The disclosure for this sale can be found here. Insiders own 4.69% of the company’s stock.

Rollins Stock Down 2.2 %

Shares of ROL stock opened at $47.18 on Thursday. Rollins, Inc. has a 12 month low of $40.41 and a 12 month high of $52.16. 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 firm has a market cap of $22.85 billion, a PE ratio of 49.15 and a beta of 0.72. The stock has a 50 day moving average of $49.28 and a 200-day moving average of $49.24.

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

Rollins Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Tuesday, November 12th were paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 1.40%. This is a positive change from Rollins’s previous quarterly dividend of $0.15. The ex-dividend date was Tuesday, November 12th. Rollins’s payout ratio is currently 68.75%.

Analysts Set New Price Targets

Several equities analysts have weighed in on ROL shares. StockNews.com lowered Rollins from a “buy” rating to a “hold” rating in a report on Thursday, October 24th. Wells Fargo & Company raised their price objective on Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research note on Monday. Barclays initiated coverage on Rollins in a research report on Monday, November 4th. They set an “equal weight” rating and a $50.00 target price for the company. Finally, Morgan Stanley lifted their price target on shares of Rollins from $46.00 to $48.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $51.00.

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.