Trust Investment Advisors Takes Position in Rollins, Inc. (NYSE:ROL)

Trust Investment Advisors acquired a new position in shares of Rollins, Inc. (NYSE:ROL) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 4,337 shares of the business services provider’s stock, valued at approximately $212,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Accretive Wealth Partners LLC boosted its position in shares of Rollins by 2.2% during the fourth quarter. Accretive Wealth Partners LLC now owns 16,759 shares of the business services provider’s stock worth $732,000 after buying an additional 355 shares during the period. Private Advisor Group LLC acquired a new position in Rollins during the 4th quarter worth about $248,000. Principal Securities Inc. purchased a new position in Rollins during the 4th quarter valued at about $36,000. Dimensional Fund Advisors LP grew its position in Rollins by 9.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,865,122 shares of the business services provider’s stock valued at $81,452,000 after acquiring an additional 160,373 shares in the last quarter. Finally, Principal Financial Group Inc. increased its stake in Rollins by 11.4% during the fourth quarter. Principal Financial Group Inc. now owns 390,136 shares of the business services provider’s stock worth $17,037,000 after purchasing an additional 40,050 shares during the period. Institutional investors and hedge funds own 51.79% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on ROL shares. StockNews.com raised shares of Rollins from a “hold” rating to a “buy” rating in a research note on Wednesday, July 10th. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research report on Thursday, July 25th. Finally, Wells Fargo & Company initiated coverage on shares of Rollins in a research note on Monday, August 12th. They issued an “overweight” rating and a $54.00 price target for the company. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $47.83.

Insider Transactions at Rollins

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

Rollins Stock Down 0.3 %

Shares of Rollins stock opened at $50.09 on Friday. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.41. Rollins, Inc. has a 52-week low of $32.19 and a 52-week high of $51.96. The company has a market capitalization of $24.26 billion, a P/E ratio of 56.28, a P/E/G ratio of 3.99 and a beta of 0.70. The company has a 50 day moving average of $49.22 and a 200 day moving average of $47.44.

Rollins (NYSE:ROL) last issued 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. Rollins had a net margin of 14.23% and a return on equity of 40.10%. The firm had revenue of $891.90 million during the quarter, compared to the consensus estimate of $895.02 million. During the same quarter in the previous year, the firm posted $0.23 earnings per share. The company’s revenue was up 8.7% compared to the same quarter last year. As a group, research analysts forecast that Rollins, Inc. will post 1 EPS for the current fiscal year.

Rollins Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Monday, August 12th were issued a $0.15 dividend. The ex-dividend date was Monday, August 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.20%. Rollins’s 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.