Dudley & Shanley Inc. Buys 6,950 Shares of Rollins, Inc. (NYSE:ROL)

Dudley & Shanley Inc. lifted its stake in shares of Rollins, Inc. (NYSE:ROL) by 1.6% in the first quarter, Holdings Channel.com reports. The fund owned 443,135 shares of the business services provider’s stock after acquiring an additional 6,950 shares during the quarter. Rollins makes up approximately 3.5% of Dudley & Shanley Inc.’s investment portfolio, making the stock its 15th biggest position. Dudley & Shanley Inc.’s holdings in Rollins were worth $20,504,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in ROL. Norges Bank bought a new position in shares of Rollins during the fourth quarter worth about $256,862,000. Vanguard Group Inc. boosted its position in Rollins by 18.7% in the third quarter. Vanguard Group Inc. now owns 32,020,007 shares of the business services provider’s stock worth $1,195,307,000 after purchasing an additional 5,041,371 shares during the last quarter. APG Asset Management US Inc. purchased a new position in Rollins in the fourth quarter worth $77,075,000. TD Asset Management Inc boosted its position in Rollins by 217.3% in the fourth quarter. TD Asset Management Inc now owns 2,468,600 shares of the business services provider’s stock worth $107,804,000 after purchasing an additional 1,690,668 shares during the last quarter. Finally, Montrusco Bolton Investments Inc. purchased a new position in shares of Rollins during the 4th quarter valued at $47,089,000. 51.79% of the stock is currently owned by institutional investors.

Insider Activity at Rollins

In related news, CFO Kenneth D. Krause sold 3,331 shares of Rollins 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 transaction, the chief financial officer now directly owns 90,747 shares in the company, valued at $4,310,482.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Rollins news, CFO Kenneth D. Krause sold 3,331 shares of the firm’s stock in a transaction dated 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 SEC, which is available through this hyperlink. Also, CEO Jerry Jr. Gahlhoff sold 12,000 shares of the business’s stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $47.20, for a total value of $566,400.00. Following the completion of the sale, the chief executive officer now owns 288,671 shares in the company, valued at $13,625,271.20. The disclosure for this sale can be found here. Over the last three months, insiders have sold 20,331 shares of company stock worth $949,623. Corporate insiders own 4.69% of the company’s stock.

Rollins Stock Up 2.3 %

ROL stock traded up $1.14 on Wednesday, reaching $50.29. 1,226,243 shares of the company traded hands, compared to its average volume of 1,808,781. Rollins, Inc. has a one year low of $32.19 and a one year high of $50.31. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.72 and a quick ratio of 0.66. The company has a market cap of $24.35 billion, a P/E ratio of 55.23, a price-to-earnings-growth ratio of 3.72 and a beta of 0.70. The firm has a fifty day simple moving average of $47.02 and a 200-day simple moving average of $45.04.

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

Rollins Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 10th. Investors of record on Friday, May 10th were given 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 yield of 1.19%. Rollins’s dividend payout ratio (DPR) is presently 67.42%.

Analysts Set New Price Targets

A number of brokerages have recently commented on ROL. Morgan Stanley upped their price target on Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a research report on Friday, April 26th. StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a report on Tuesday. Finally, UBS Group reiterated a “neutral” rating and issued a $49.00 price objective on shares of Rollins in a report on Monday, April 15th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $47.00.

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.