Caisse Des Depots ET Consignations Takes $5.26 Million Position in Rollins, Inc. (NYSE:ROL)

Caisse Des Depots ET Consignations acquired a new position in Rollins, Inc. (NYSE:ROL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 113,468 shares of the business services provider’s stock, valued at approximately $5,259,000.

A number of other hedge funds have also recently added to or reduced their stakes in ROL. Franklin Resources Inc. raised its position in shares of Rollins by 54.7% in the 3rd quarter. Franklin Resources Inc. now owns 173,943 shares of the business services provider’s stock valued at $8,725,000 after acquiring an additional 61,475 shares during the period. JPMorgan Chase & Co. raised its position in Rollins by 22.6% during the third quarter. JPMorgan Chase & Co. now owns 2,280,005 shares of the business services provider’s stock worth $115,323,000 after acquiring an additional 420,399 shares in the last quarter. Assenagon Asset Management S.A. lifted its position in shares of Rollins by 136.4% in the fourth quarter. Assenagon Asset Management S.A. now owns 265,945 shares of the business services provider’s stock valued at $12,327,000 after buying an additional 153,437 shares during the last quarter. True North Advisors LLC bought a new position in shares of Rollins in the fourth quarter valued at about $262,000. Finally, Avanza Fonder AB acquired a new position in shares of Rollins in the fourth quarter valued at approximately $1,054,000. Institutional investors own 51.79% of the company’s stock.

Insider Activity at Rollins

In other Rollins news, insider Thomas D. Tesh sold 1,921 shares of the business’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 transaction, the insider now owns 41,173 shares of the company’s stock, valued at approximately $2,131,937.94. The trade was a 4.46 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Traci Hornfeck sold 3,224 shares of the firm’s stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total value of $171,194.40. Following the completion of the transaction, the insider now directly owns 9,602 shares in the company, valued at $509,866.20. The trade was a 25.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 18,338 shares of company stock worth $945,882 over the last ninety days. 4.69% of the stock is owned by corporate insiders.

Rollins Stock Performance

Shares of ROL opened at $53.03 on Thursday. The stock’s 50-day simple moving average is $50.68 and its 200 day simple moving average is $49.52. 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 $25.72 billion, a price-to-earnings ratio of 55.24 and a beta of 0.78. Rollins, Inc. has a 52-week low of $41.72 and a 52-week high of $53.72.

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

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th were issued a $0.165 dividend. The ex-dividend date was Tuesday, February 25th. This represents a $0.66 annualized dividend and a yield of 1.24%. Rollins’s dividend payout ratio (DPR) is presently 68.75%.

Analyst Upgrades and Downgrades

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

Rollins 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.