Rollins (NYSE:ROL) Rating Reiterated by UBS Group

UBS Group reiterated their neutral rating on shares of Rollins (NYSE:ROL) in a report published on Monday, Marketbeat reports. The firm currently has a $49.00 price objective on the business services provider’s stock.

Other equities research analysts also recently issued reports about the stock. Royal Bank of Canada reiterated an outperform rating and set a $52.00 price objective on shares of Rollins in a research note on Thursday, February 15th. StockNews.com downgraded shares of Rollins from a buy rating to a hold rating in a research note on Wednesday, January 10th. Morgan Stanley initiated coverage on shares of Rollins in a research note on Thursday, December 21st. They set an equal weight rating and a $42.00 price objective on the stock. Finally, The Goldman Sachs Group initiated coverage on shares of Rollins in a research note on Tuesday, January 2nd. They set a buy rating and a $49.00 price objective on the stock. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of Moderate Buy and an average target price of $46.83.

Rollins Trading Down 0.7 %

ROL stock opened at $43.01 on Monday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.65 and a current ratio of 0.71. The company’s 50-day simple moving average is $44.53 and its 200 day simple moving average is $41.82. Rollins has a 52 week low of $32.19 and a 52 week high of $47.45. The company has a market capitalization of $20.84 billion, a PE ratio of 48.88, a price-to-earnings-growth ratio of 3.42 and a beta of 0.63.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, February 14th. The business services provider reported $0.21 EPS for the quarter, meeting the consensus estimate of $0.21. Rollins had a net margin of 14.15% and a return on equity of 35.97%. The business had revenue of $754.10 million for the quarter, compared to the consensus estimate of $753.40 million. During the same period in the prior year, the company posted $0.17 earnings per share. Rollins’s revenue was up 14.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that Rollins will post 0.99 earnings per share for the current year.

Rollins Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Wednesday, February 21st were issued a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 20th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.40%. Rollins’s dividend payout ratio (DPR) is currently 68.18%.

Insider Transactions at Rollins

In other news, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $46.18, for a total value of $230,900.00. Following the completion of the transaction, the chief financial officer now owns 99,078 shares of the company’s stock, valued at $4,575,422.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, insider Thomas D. Tesh sold 5,147 shares of the stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $46.00, for a total value of $236,762.00. Following the completion of the transaction, the insider now owns 35,387 shares of the company’s stock, valued at $1,627,802. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Kenneth D. Krause sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $46.18, for a total transaction of $230,900.00. Following the completion of the transaction, the chief financial officer now owns 99,078 shares of the company’s stock, valued at approximately $4,575,422.04. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 22,824 shares of company stock valued at $994,558. 4.69% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Thrive Wealth Management LLC bought a new position in Rollins in the 1st quarter valued at approximately $231,000. Wealth Enhancement Advisory Services LLC raised its holdings in Rollins by 25.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 92,069 shares of the business services provider’s stock valued at $4,260,000 after buying an additional 18,688 shares during the last quarter. Annex Advisory Services LLC raised its holdings in Rollins by 22.4% in the 1st quarter. Annex Advisory Services LLC now owns 179,282 shares of the business services provider’s stock valued at $8,295,000 after buying an additional 32,767 shares during the last quarter. Gateway Investment Advisers LLC bought a new position in Rollins in the 1st quarter valued at approximately $251,000. Finally, Security Financial Services INC. bought a new position in Rollins in the 1st quarter valued at approximately $236,000. Institutional investors own 51.79% 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.