V Square Quantitative Management LLC Boosts Stock Holdings in Rollins, Inc. (NYSE:ROL)

V Square Quantitative Management LLC increased its stake in Rollins, Inc. (NYSE:ROL) by 25.5% in the third quarter, HoldingsChannel reports. The fund owned 5,445 shares of the business services provider’s stock after purchasing an additional 1,105 shares during the period. V Square Quantitative Management LLC’s holdings in Rollins were worth $275,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of ROL. Wellington Management Group LLP boosted its stake in shares of Rollins by 31.8% during the fourth quarter. Wellington Management Group LLP now owns 34,783 shares of the business services provider’s stock valued at $1,519,000 after purchasing an additional 8,384 shares during the period. Nomura Holdings Inc. purchased a new position in shares of Rollins in the fourth quarter valued at about $248,000. CWM LLC increased its position in shares of Rollins by 6.5% in the first quarter. CWM LLC now owns 7,113 shares of the business services provider’s stock valued at $329,000 after acquiring an additional 436 shares during the period. Czech National Bank raised its stake in shares of Rollins by 0.5% during the first quarter. Czech National Bank now owns 49,396 shares of the business services provider’s stock valued at $2,286,000 after acquiring an additional 226 shares during the last quarter. Finally, Park Avenue Securities LLC grew its stake in shares of Rollins by 4.4% in the first quarter. Park Avenue Securities LLC now owns 18,790 shares of the business services provider’s stock worth $869,000 after purchasing an additional 792 shares during the last quarter. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Rollins news, insider Elizabeth B. Chandler sold 4,685 shares of the firm’s stock in a transaction dated 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 $4,533,010.12. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. In other news, 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 transaction, the insider now directly owns 95,023 shares in the company, valued at approximately $4,543,999.86. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 transaction of $237,716.90. Following the transaction, the insider now owns 89,338 shares of the company’s stock, valued at $4,533,010.12. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 14,056 shares of company stock worth $698,347 over the last three months. Company insiders own 4.69% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Wells Fargo & Company upped their price target on Rollins from $54.00 to $56.00 and gave the company an “overweight” rating in a research report on Tuesday, October 15th. Royal Bank of Canada restated an “outperform” rating and set a $52.00 target price on shares of Rollins in a report on Thursday, July 25th. Finally, StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Rollins currently has a consensus rating of “Moderate Buy” and a consensus price target of $49.80.

Rollins Stock Performance

Shares of ROL opened at $50.14 on Monday. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.78 and a quick ratio of 0.72. Rollins, Inc. has a one year low of $32.19 and a one year high of $51.96. The company has a 50-day simple moving average of $49.89 and a two-hundred day simple moving average of $48.06. The firm has a market capitalization of $24.28 billion, a PE ratio of 56.34 and a beta of 0.70.

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

Rollins Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders 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 annualized dividend and a yield of 1.20%. Rollins’s dividend payout ratio (DPR) is presently 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.