Rollins, Inc. (NYSE:ROL) Shares Acquired by Natixis Advisors L.P.

Natixis Advisors L.P. increased its stake in shares of Rollins, Inc. (NYSE:ROLFree Report) by 5.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 67,266 shares of the business services provider’s stock after purchasing an additional 3,181 shares during the period. Natixis Advisors L.P.’s holdings in Rollins were worth $2,511,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ROL. Parkside Financial Bank & Trust lifted its position in shares of Rollins by 5.3% during the second quarter. Parkside Financial Bank & Trust now owns 4,927 shares of the business services provider’s stock worth $211,000 after purchasing an additional 250 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in shares of Rollins by 2.7% during the third quarter. Thrivent Financial for Lutherans now owns 9,871 shares of the business services provider’s stock valued at $342,000 after acquiring an additional 258 shares in the last quarter. Avantax Advisory Services Inc. increased its position in shares of Rollins by 3.8% during the third quarter. Avantax Advisory Services Inc. now owns 7,150 shares of the business services provider’s stock worth $267,000 after acquiring an additional 263 shares during the last quarter. Horizon Investments LLC lifted its stake in shares of Rollins by 7.7% in the second quarter. Horizon Investments LLC now owns 3,889 shares of the business services provider’s stock worth $166,000 after acquiring an additional 277 shares in the last quarter. Finally, Texas Permanent School Fund Corp boosted its holdings in Rollins by 0.7% in the second quarter. Texas Permanent School Fund Corp now owns 48,578 shares of the business services provider’s stock valued at $2,081,000 after purchasing an additional 322 shares during the last quarter. Hedge funds and other institutional investors own 38.98% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ROL. Morgan Stanley assumed coverage on Rollins in a research report on Thursday, December 21st. They issued an “equal weight” rating and a $42.00 target price on the stock. StockNews.com cut shares of Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. UBS Group decreased their price target on Rollins from $50.00 to $49.00 and set a “buy” rating for the company in a research note on Friday, February 16th. Royal Bank of Canada restated an “outperform” rating and set a $52.00 price objective on shares of Rollins in a research note on Thursday, February 15th. Finally, The Goldman Sachs Group assumed coverage on Rollins in a research report on Tuesday, January 2nd. They issued a “buy” rating and a $49.00 target price for the company. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, Rollins has an average rating of “Moderate Buy” and an average price target of $46.83.

Check Out Our Latest Research Report on Rollins

Rollins Stock Performance

Shares of ROL stock opened at $45.07 on Tuesday. The company has a market cap of $21.81 billion, a P/E ratio of 51.22, a PEG ratio of 3.02 and a beta of 0.63. The business has a 50 day moving average of $43.28 and a two-hundred day moving average of $40.20. Rollins, Inc. has a 52 week low of $32.19 and a 52 week high of $45.24. 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:ROLGet Free Report) last announced its quarterly earnings results on Wednesday, February 14th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.21. The business had revenue of $754.10 million for the quarter, compared to the consensus estimate of $753.40 million. Rollins had a return on equity of 35.97% and a net margin of 14.15%. The business’s revenue was up 14.0% on a year-over-year basis. During the same quarter last year, the business posted $0.17 EPS. As a group, analysts anticipate that Rollins, Inc. will post 0.99 EPS for the current year.

Rollins Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 11th. Stockholders of record on Wednesday, February 21st will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, February 20th. This represents a $0.60 annualized dividend and a dividend yield of 1.33%. Rollins’s dividend payout ratio is currently 68.18%.

Insider Buying and Selling

In other Rollins news, insider Elizabeth B. Chandler sold 10,000 shares of the business’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total transaction of $410,500.00. Following the completion of the transaction, the insider now directly owns 99,709 shares of the company’s stock, valued at approximately $4,093,054.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Rollins news, insider Elizabeth B. Chandler sold 10,000 shares of Rollins stock in a transaction 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 owns 99,709 shares of the company’s stock, valued at approximately $4,093,054.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jerry Jr. Gahlhoff sold 3,000 shares of the business’s stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $42.00, for a total value of $126,000.00. Following the transaction, the chief executive officer now owns 215,091 shares of the company’s stock, valued at approximately $9,033,822. The disclosure for this sale can be found here. Insiders have sold a total of 15,677 shares of company stock valued at $652,896 in the last quarter. Company insiders own 4.70% of the company’s stock.

Rollins Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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