Rollins, Inc. (NYSE:ROL) Receives $52.00 Average PT from Analysts

Rollins, Inc. (NYSE:ROL) has earned an average recommendation of “Hold” from the six research firms that are covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $52.00.

A number of brokerages have recently commented on ROL. Morgan Stanley raised their price objective on Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Wells Fargo & Company increased their target price on Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research report on Monday, December 16th. Royal Bank of Canada restated an “outperform” rating and set a $52.00 price target on shares of Rollins in a report on Monday, January 6th. Canaccord Genuity Group raised their price objective on shares of Rollins from $48.00 to $49.00 and gave the company a “hold” rating in a report on Friday, February 14th. Finally, StockNews.com downgraded shares of Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday.

Insiders Place Their Bets

In other Rollins news, insider Elizabeth B. Chandler sold 13,193 shares of Rollins stock in a transaction on Friday, February 21st. The shares were sold at an average price of $51.18, for a total value of $675,217.74. Following the completion of the sale, the insider now directly owns 76,526 shares of the company’s stock, valued at approximately $3,916,600.68. The trade was a 14.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Thomas D. Tesh sold 1,921 shares of the company’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $51.78, for a total transaction of $99,469.38. Following the transaction, the insider now owns 41,173 shares in the company, valued at $2,131,937.94. This represents a 4.46 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 18,338 shares of company stock worth $945,882. 4.69% of the stock is currently owned by insiders.

Institutional Trading of Rollins

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ROL. Brooklyn Investment Group acquired a new stake in Rollins in the third quarter valued at approximately $28,000. Murphy & Mullick Capital Management Corp bought a new position in shares of Rollins in the 4th quarter worth $29,000. Centricity Wealth Management LLC acquired a new stake in Rollins in the 4th quarter valued at $31,000. Mizuho Bank Ltd. bought a new stake in Rollins during the 4th quarter valued at $37,000. Finally, True Wealth Design LLC raised its holdings in Rollins by 4,272.2% during the third quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock worth $40,000 after buying an additional 769 shares during the last quarter. 51.79% of the stock is owned by institutional investors.

Rollins Stock Up 0.3 %

ROL stock opened at $50.69 on Tuesday. The firm has a 50-day moving average price of $49.65 and a 200-day moving average price of $49.41. Rollins has a 12 month low of $41.72 and a 12 month high of $53.72. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $24.55 billion, a P/E ratio of 52.81 and a beta of 0.78.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, meeting the consensus estimate of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. As a group, equities research analysts anticipate that Rollins will post 1.09 EPS for the current fiscal year.

Rollins Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 25th were issued a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 1.30%. The ex-dividend date was Tuesday, February 25th. Rollins’s payout ratio is presently 68.75%.

About Rollins

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.