Brokerages Set Rollins, Inc. (NYSE:ROL) PT at $46.60

Rollins, Inc. (NYSE:ROL) has been given a consensus recommendation of “Moderate Buy” by the five research firms that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $46.60.

Several equities research analysts recently weighed in on ROL shares. Royal Bank of Canada reissued an “outperform” rating and set a $52.00 price target on shares of Rollins in a research report on Thursday, July 25th. UBS Group reaffirmed a “neutral” rating and issued a $49.00 target price on shares of Rollins in a research report on Monday, April 15th. Morgan Stanley lifted their target price on shares of Rollins from $42.00 to $43.00 and gave the stock an “equal weight” rating in a research report on Friday, April 26th. Finally, StockNews.com raised shares of Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, July 10th.

Rollins Price Performance

Shares of ROL opened at $48.01 on Monday. The company has a market capitalization of $23.25 billion, a P/E ratio of 53.94, a price-to-earnings-growth ratio of 3.76 and a beta of 0.70. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.41. The firm has a 50 day moving average of $48.43 and a 200 day moving average of $45.95. Rollins has a twelve month low of $32.19 and a twelve month high of $50.87.

Rollins (NYSE:ROL) last announced its quarterly earnings results on Wednesday, July 24th. The business services provider reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. The company had revenue of $891.90 million during the quarter, compared to the consensus estimate of $895.02 million. Rollins had a net margin of 14.23% and a return on equity of 40.10%. The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.23 earnings per share. As a group, equities research analysts anticipate that Rollins will post 1 earnings per share for the current fiscal year.

Rollins Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 10th. Stockholders of record on Monday, August 12th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend is Monday, August 12th. Rollins’s dividend payout ratio is presently 67.42%.

Insider Transactions at Rollins

In other news, CFO Kenneth D. Krause sold 3,331 shares of Rollins stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $47.50, for a total transaction of $158,222.50. Following the transaction, the chief financial officer now owns 90,747 shares in the company, valued at approximately $4,310,482.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CFO Kenneth D. Krause sold 3,331 shares of the company’s stock in a transaction dated Wednesday, June 5th. The shares were 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 approximately $4,310,482.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Elizabeth B. Chandler sold 4,686 shares of the company’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $47.82, for a total transaction of $224,084.52. Following the transaction, the insider now owns 95,023 shares in the company, valued at $4,543,999.86. The disclosure for this sale can be found here. Insiders have sold 20,017 shares of company stock worth $948,707 in the last 90 days. 4.69% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Rollins

Several hedge funds have recently added to or reduced their stakes in the company. Lindbrook Capital LLC lifted its position in shares of Rollins by 72.4% in the 4th quarter. Lindbrook Capital LLC now owns 619 shares of the business services provider’s stock worth $27,000 after purchasing an additional 260 shares during the period. Spire Wealth Management lifted its position in 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 during the last quarter. Ridgewood Investments LLC purchased a new stake in Rollins during the second quarter valued at approximately $34,000. Principal Securities Inc. acquired a new position in Rollins during the 4th quarter valued at approximately $36,000. Finally, Quent Capital LLC increased its stake in shares of Rollins by 43.9% in the second quarter. Quent Capital LLC now owns 774 shares of the business services provider’s stock worth $38,000 after acquiring an additional 236 shares during the period. 51.79% of the stock is currently 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.