Rollins (NYSE:ROL) Hits New 12-Month High at $50.15

Rollins, Inc. (NYSE:ROL) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $50.15 and last traded at $50.15, with a volume of 431989 shares trading hands. The stock had previously closed at $49.15.

Analysts Set New Price Targets

Several research analysts have recently weighed in on ROL shares. UBS Group reiterated a “neutral” rating and set a $49.00 price objective on shares of Rollins in a report on Monday, April 15th. Morgan Stanley lifted 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. Finally, StockNews.com downgraded Rollins from a “buy” rating to a “hold” rating in a report on Tuesday. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $47.00.

Rollins Stock Up 2.3 %

The firm’s fifty day moving average is $47.02 and its two-hundred day moving average is $45.04. The firm has a market cap of $24.35 billion, a price-to-earnings ratio of 55.23, a P/E/G ratio of 3.72 and a beta of 0.70. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.72 and a quick ratio of 0.66.

Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, April 24th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. Rollins had a net margin of 13.94% and a return on equity of 37.73%. The business had revenue of $748.35 million during the quarter, compared to analysts’ expectations of $739.12 million. During the same period last year, the firm posted $0.18 earnings per share. The business’s revenue was up 13.7% on a year-over-year basis. On average, sell-side analysts expect that Rollins, Inc. will post 1 EPS for the current fiscal year.

Rollins Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Friday, May 10th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend was Thursday, May 9th. Rollins’s payout ratio is 67.42%.

Insider Transactions at Rollins

In other news, CEO Jerry Jr. Gahlhoff sold 12,000 shares of the business’s stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $47.20, for a total transaction of $566,400.00. Following the sale, the chief executive officer now owns 288,671 shares in the company, valued at $13,625,271.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Rollins news, CEO Jerry Jr. Gahlhoff sold 12,000 shares of the company’s stock in a transaction that occurred on Friday, June 7th. The stock was sold at an average price of $47.20, for a total transaction of $566,400.00. Following the completion of the sale, the chief executive officer now owns 288,671 shares of the company’s stock, valued at $13,625,271.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 completion of the transaction, the chief financial officer now owns 90,747 shares in the company, valued at approximately $4,310,482.50. The disclosure for this sale can be found here. Insiders have sold 20,331 shares of company stock valued at $949,623 in the last quarter. Insiders own 4.69% of the company’s stock.

Hedge Funds Weigh In On Rollins

Several hedge funds have recently made changes to their positions in the business. BNP Paribas Financial Markets increased its holdings in Rollins by 7.4% in the 4th quarter. BNP Paribas Financial Markets now owns 268,067 shares of the business services provider’s stock valued at $11,706,000 after buying an additional 18,510 shares during the period. Caprock Group LLC bought a new stake in shares of Rollins during the fourth quarter valued at approximately $1,617,000. Dimensional Fund Advisors LP raised its holdings in Rollins by 9.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,865,122 shares of the business services provider’s stock worth $81,452,000 after buying an additional 160,373 shares during the last quarter. Asset Management One Co. Ltd. lifted its position in Rollins by 17.7% in the 4th quarter. Asset Management One Co. Ltd. now owns 171,348 shares of the business services provider’s stock valued at $7,498,000 after acquiring an additional 25,709 shares in the last quarter. Finally, Crown Oak Advisors LLC purchased a new position in shares of Rollins during the fourth quarter valued at approximately $9,547,000. 51.79% of the stock is owned by institutional investors.

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.