Cwm LLC Buys 7,549 Shares of Rollins, Inc. (NYSE:ROL)

Cwm LLC grew its stake in Rollins, Inc. (NYSE:ROL) by 74.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,682 shares of the business services provider’s stock after acquiring an additional 7,549 shares during the period. Cwm LLC’s holdings in Rollins were worth $894,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of ROL. FCF Advisors LLC grew its holdings in Rollins by 2.8% during the third quarter. FCF Advisors LLC now owns 38,387 shares of the business services provider’s stock worth $1,942,000 after purchasing an additional 1,039 shares during the period. Mather Group LLC. grew its holdings in Rollins by 8.8% during the third quarter. Mather Group LLC. now owns 3,027 shares of the business services provider’s stock worth $153,000 after purchasing an additional 246 shares during the period. Everpar Advisors LLC grew its holdings in Rollins by 7.1% during the third quarter. Everpar Advisors LLC now owns 9,990 shares of the business services provider’s stock worth $505,000 after purchasing an additional 662 shares during the period. Diversified Trust Co bought a new position in Rollins during the third quarter worth about $399,000. Finally, GAMMA Investing LLC grew its holdings in Rollins by 18.7% during the third quarter. GAMMA Investing LLC now owns 6,859 shares of the business services provider’s stock worth $347,000 after purchasing an additional 1,081 shares during the period. Institutional investors own 51.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Wells Fargo & Company lifted their price target on Rollins from $54.00 to $56.00 and gave the stock an “overweight” rating in a report on Tuesday. StockNews.com upgraded Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd. Finally, 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. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $48.17.

Rollins Trading Up 1.4 %

Shares of ROL stock opened at $50.14 on Friday. The firm has a 50 day moving average price of $49.89 and a two-hundred day moving average price of $48.02. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $24.28 billion, a PE ratio of 53.34 and a beta of 0.70. Rollins, Inc. has a 12-month low of $32.19 and a 12-month high of $51.96.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, July 24th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.27. The firm had revenue of $891.90 million during the quarter, compared to the consensus estimate of $895.02 million. Rollins had a net margin of 14.23% and a return on equity of 40.10%. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period last year, the business posted $0.23 earnings per share. As a group, analysts predict that Rollins, Inc. will post 1 earnings per share for the current year.

Rollins Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Monday, August 12th were given 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 63.83%.

Insider Activity

In other news, insider Elizabeth B. Chandler sold 4,685 shares of Rollins stock in a transaction that occurred 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 completion of the sale, the insider now directly owns 89,338 shares in the company, valued at approximately $4,533,010.12. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Elizabeth B. Chandler sold 4,685 shares of Rollins stock in a transaction that occurred 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 completion of the sale, the insider now directly owns 89,338 shares in the company, valued at approximately $4,533,010.12. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Elizabeth B. Chandler sold 4,686 shares of Rollins stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $47.82, for a total transaction of $224,084.52. Following the completion of the sale, the insider now owns 95,023 shares of the company’s stock, valued at approximately $4,543,999.86. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 14,056 shares of company stock worth $698,347. Corporate insiders own 4.69% of the company’s stock.

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.