M3 Advisory Group LLC Takes $209,000 Position in Rollins, Inc. (NYSE:ROL)

M3 Advisory Group LLC acquired a new stake in shares of Rollins, Inc. (NYSE:ROL) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 4,787 shares of the business services provider’s stock, valued at approximately $209,000.

Other institutional investors have also recently made changes to their positions in the company. Lindbrook Capital LLC raised its holdings in shares of Rollins by 72.4% during the fourth quarter. Lindbrook Capital LLC now owns 619 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 260 shares in the last quarter. Spire Wealth Management raised its holdings in shares of Rollins by 139.7% during the fourth quarter. Spire Wealth Management now owns 755 shares of the business services provider’s stock valued at $33,000 after acquiring an additional 440 shares in the last quarter. Principal Securities Inc. bought a new position in shares of Rollins during the fourth quarter valued at approximately $36,000. Operose Advisors LLC bought a new position in shares of Rollins during the third quarter valued at approximately $47,000. Finally, Blue Trust Inc. raised its holdings in shares of Rollins by 65.9% during the fourth quarter. Blue Trust Inc. now owns 1,453 shares of the business services provider’s stock valued at $63,000 after acquiring an additional 577 shares in the last quarter. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on ROL shares. StockNews.com upgraded Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, June 12th. UBS Group restated a “neutral” rating and set a $49.00 target price on shares of Rollins in a report on Monday, April 15th. Finally, Morgan Stanley upped their target price on Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a report on Friday, April 26th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $47.00.

Rollins Stock Up 1.5 %

ROL traded up $0.75 during trading on Monday, reaching $49.25. The stock had a trading volume of 1,363,305 shares, compared to its average volume of 1,821,717. The stock’s 50 day moving average is $45.73 and its two-hundred day moving average is $44.45. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $23.85 billion, a price-to-earnings ratio of 55.34, a P/E/G ratio of 3.70 and a beta of 0.66. Rollins, Inc. has a one year low of $32.19 and a one year high of $49.56.

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 the consensus estimate of $0.20. Rollins had a return on equity of 37.73% and a net margin of 13.94%. The firm had revenue of $748.35 million during the quarter, compared to the consensus estimate of $739.12 million. During the same period last year, the company earned $0.18 earnings per share. The company’s revenue was up 13.7% on a year-over-year basis. As a group, analysts expect that Rollins, Inc. will post 1 earnings per share for the current year.

Rollins Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Friday, May 10th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, May 9th. This represents a $0.60 annualized dividend and a dividend yield of 1.22%. Rollins’s payout ratio is presently 67.42%.

Insider Activity

In related news, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction on Friday, April 26th. The stock was sold at an average price of $45.00, for a total transaction of $225,000.00. Following the sale, the chief financial officer now directly owns 94,078 shares of the company’s stock, valued at $4,233,510. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, CFO Kenneth D. Krause sold 3,331 shares of the stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of $47.50, for a total transaction of $158,222.50. Following the sale, the chief financial officer now directly owns 90,747 shares of the company’s stock, valued at $4,310,482.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction on Friday, April 26th. The shares were sold at an average price of $45.00, for a total value of $225,000.00. Following the sale, the chief financial officer now directly owns 94,078 shares in the company, valued at $4,233,510. The disclosure for this sale can be found here. Insiders sold 20,331 shares of company stock worth $949,623 over the last three months. 4.69% of the stock is currently owned by corporate insiders.

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.