Commonwealth of Pennsylvania Public School Empls Retrmt SYS Decreases Stake in Rollins, Inc. (NYSE:ROL)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS reduced its position in Rollins, Inc. (NYSE:ROL) by 2.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 59,726 shares of the business services provider’s stock after selling 1,423 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Rollins were worth $2,768,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Brooklyn Investment Group purchased a new position in Rollins in the 3rd quarter valued at approximately $28,000. Centricity Wealth Management LLC bought a new position in shares of Rollins in the fourth quarter worth $31,000. True Wealth Design LLC grew its position in shares of Rollins by 4,272.2% in the third 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 in the last quarter. Versant Capital Management Inc raised its stake in shares of Rollins by 57.8% during the 4th quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock valued at $41,000 after purchasing an additional 326 shares during the period. Finally, Atala Financial Inc purchased a new stake in Rollins during the 4th quarter worth about $47,000. 51.79% of the stock is owned by hedge funds and other institutional investors.

Rollins Stock Up 1.4 %

Shares of ROL opened at $52.37 on Tuesday. The firm has a market cap of $25.40 billion, a P/E ratio of 54.55 and a beta of 0.78. Rollins, Inc. has a 1 year low of $41.72 and a 1 year high of $53.72. The stock has a 50 day simple moving average of $50.45 and a two-hundred day simple moving average of $49.48. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62.

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

Rollins Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th were paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date of this dividend was Tuesday, February 25th. Rollins’s dividend payout ratio (DPR) is presently 68.75%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ROL. Wells Fargo & Company raised their price objective on shares of Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research report on Monday, December 16th. StockNews.com downgraded shares of Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, March 12th. Morgan Stanley upped their price target on shares of Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Canaccord Genuity Group increased their price objective on Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research report on Friday, February 14th. Finally, UBS Group boosted their target price on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research report on Friday, January 17th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $52.00.

Insider Activity at Rollins

In related news, insider Elizabeth B. Chandler sold 13,193 shares of the company’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $51.18, for a total transaction of $675,217.74. Following the completion of the sale, the insider now directly owns 76,526 shares in the company, valued at $3,916,600.68. This represents a 14.70 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Thomas D. Tesh sold 1,921 shares of the firm’s stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $51.78, for a total value of $99,469.38. Following the completion of the sale, the insider now directly owns 41,173 shares in the company, valued at $2,131,937.94. The trade was a 4.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 18,338 shares of company stock worth $945,882 in the last ninety days. 4.69% of the stock is owned by company insiders.

Rollins Company 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.