Virtu Financial LLC Has $1.14 Million Stock Position in Rollins, Inc. (NYSE:ROL)

Virtu Financial LLC boosted its position in Rollins, Inc. (NYSE:ROL) by 113.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 23,332 shares of the business services provider’s stock after acquiring an additional 12,396 shares during the period. Virtu Financial LLC’s holdings in Rollins were worth $1,138,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. TD Asset Management Inc lifted its holdings in shares of Rollins by 14.5% in the 1st quarter. TD Asset Management Inc now owns 2,826,135 shares of the business services provider’s stock worth $130,765,000 after purchasing an additional 357,535 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Rollins by 9.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,865,122 shares of the business services provider’s stock valued at $81,452,000 after buying an additional 160,373 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of Rollins by 185.0% during the second quarter. Assenagon Asset Management S.A. now owns 384,935 shares of the business services provider’s stock valued at $18,781,000 after buying an additional 249,860 shares during the last quarter. Intech Investment Management LLC increased its position in shares of Rollins by 365.7% during the fourth quarter. Intech Investment Management LLC now owns 94,925 shares of the business services provider’s stock worth $4,145,000 after acquiring an additional 74,540 shares in the last quarter. Finally, Geneva Capital Management LLC raised its holdings in shares of Rollins by 20.8% in the 1st quarter. Geneva Capital Management LLC now owns 375,845 shares of the business services provider’s stock worth $17,390,000 after acquiring an additional 64,639 shares during the last quarter. Institutional investors own 51.79% of the company’s stock.

Insider Transactions at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 4,685 shares of the stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $50.74, for a total transaction of $237,716.90. Following the completion of the transaction, the insider now directly owns 89,338 shares of the company’s stock, valued at $4,533,010.12. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In related news, insider Elizabeth B. Chandler sold 4,686 shares of the business’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $47.82, for a total value of $224,084.52. Following the sale, the insider now directly owns 95,023 shares in the company, valued at approximately $4,543,999.86. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Elizabeth B. Chandler sold 4,685 shares of the stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $50.74, for a total transaction of $237,716.90. Following the transaction, the insider now owns 89,338 shares of the company’s stock, valued at approximately $4,533,010.12. The disclosure for this sale can be found here. 4.69% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on ROL shares. Wells Fargo & Company started coverage on Rollins in a research note on Monday, August 12th. They set an “overweight” rating and a $54.00 price target for the company. Royal Bank of Canada reiterated an “outperform” rating and set a $52.00 price target on shares of Rollins in a report on Thursday, July 25th. Finally, StockNews.com upgraded Rollins from a “hold” rating to a “buy” rating in a research note on Wednesday, July 10th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $47.83.

Rollins Stock Performance

Shares of Rollins stock opened at $50.25 on Thursday. The business’s fifty day simple moving average is $49.21 and its 200 day simple moving average is $47.42. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 0.41. Rollins, Inc. has a 12 month low of $32.19 and a 12 month high of $51.96. The firm has a market capitalization of $24.33 billion, a P/E ratio of 56.46, a price-to-earnings-growth ratio of 3.93 and a beta of 0.70.

Rollins (NYSE:ROL) last released its earnings results on Wednesday, July 24th. The business services provider reported $0.27 EPS for the quarter, hitting analysts’ consensus estimates of $0.27. The company had revenue of $891.90 million for the quarter, compared to analysts’ expectations of $895.02 million. Rollins had a return on equity of 40.10% and a net margin of 14.23%. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.23 EPS. As a group, analysts anticipate that Rollins, Inc. will post 1 EPS for the current year.

Rollins Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Monday, August 12th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date was Monday, August 12th. Rollins’s dividend payout ratio is currently 67.42%.

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.