Motley Fool Asset Management LLC Sells 1,156 Shares of Rollins, Inc. (NYSE:ROL)

Motley Fool Asset Management LLC cut its position in shares of Rollins, Inc. (NYSE:ROL) by 11.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,937 shares of the business services provider’s stock after selling 1,156 shares during the period. Motley Fool Asset Management LLC’s holdings in Rollins were worth $390,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the business. CWM LLC lifted its position in Rollins by 63.7% during the third quarter. CWM LLC now owns 5,429 shares of the business services provider’s stock valued at $203,000 after acquiring an additional 2,112 shares during the last quarter. IFP Advisors Inc raised its position in shares of Rollins by 13.8% in the 3rd quarter. IFP Advisors Inc now owns 6,037 shares of the business services provider’s stock valued at $225,000 after purchasing an additional 731 shares during the last quarter. DAVENPORT & Co LLC boosted its stake in Rollins by 16.9% in the 3rd quarter. DAVENPORT & Co LLC now owns 12,064 shares of the business services provider’s stock worth $450,000 after purchasing an additional 1,740 shares in the last quarter. Koshinski Asset Management Inc. grew its position in Rollins by 9.7% during the 3rd quarter. Koshinski Asset Management Inc. now owns 10,001 shares of the business services provider’s stock worth $373,000 after purchasing an additional 883 shares during the last quarter. Finally, Oak Thistle LLC acquired a new position in Rollins during the 3rd quarter valued at approximately $801,000. 51.79% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Elizabeth B. Chandler sold 10,000 shares of the company’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total transaction of $410,500.00. Following the completion of the sale, the insider now owns 99,709 shares of the company’s stock, valued at approximately $4,093,054.45. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, insider Elizabeth B. Chandler sold 10,000 shares of the business’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total transaction of $410,500.00. Following the completion of the transaction, the insider now directly owns 99,709 shares of the company’s stock, valued at approximately $4,093,054.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 sale, the chief financial officer now directly owns 99,078 shares in the company, valued at approximately $4,575,422.04. The disclosure for this sale can be found here. Insiders sold 22,824 shares of company stock worth $994,558 over the last three months. Insiders own 4.69% of the company’s stock.

Rollins Stock Performance

ROL opened at $44.90 on Friday. The firm’s fifty day simple moving average is $44.54 and its two-hundred day simple moving average is $42.11. Rollins, Inc. has a 52-week low of $32.19 and a 52-week high of $47.45. The company has a market cap of $21.76 billion, a price-to-earnings ratio of 50.45, a PEG ratio of 3.48 and a beta of 0.63. The company has a quick ratio of 0.65, a current ratio of 0.72 and a debt-to-equity ratio of 0.44.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.20. Rollins had a net margin of 13.94% and a return on equity of 37.73%. The firm had revenue of $748.35 million for the quarter, compared to analyst estimates of $739.12 million. During the same period last year, the company posted $0.18 EPS. Rollins’s quarterly revenue was up 13.7% compared to the same quarter last year. Equities analysts anticipate that Rollins, Inc. will post 1 earnings per share for the current fiscal year.

Rollins Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Friday, May 10th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date of this dividend is Thursday, May 9th. Rollins’s payout ratio is 67.42%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on ROL shares. The Goldman Sachs Group assumed coverage on Rollins in a research report on Tuesday, January 2nd. They issued a “buy” rating and a $49.00 target price on the stock. StockNews.com downgraded Rollins from a “buy” rating to a “hold” rating in a research report on Thursday. Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research note on Thursday, February 15th. UBS Group reaffirmed a “neutral” rating and issued a $49.00 price objective on shares of Rollins in a report on Monday, April 15th. Finally, Morgan Stanley increased their target price on shares of Rollins from $42.00 to $43.00 and gave the stock an “equal weight” rating in a research note on Friday. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Rollins presently has an average rating of “Moderate Buy” and a consensus target price of $47.00.

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.