Rollins, Inc. (NYSE:ROL) Shares Sold by V Square Quantitative Management LLC

V Square Quantitative Management LLC trimmed its position in shares of Rollins, Inc. (NYSE:ROL) by 26.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,340 shares of the business services provider’s stock after selling 1,594 shares during the period. V Square Quantitative Management LLC’s holdings in Rollins were worth $212,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in ROL. International Assets Investment Management LLC lifted its stake in shares of Rollins by 3,780.0% in the 4th quarter. International Assets Investment Management LLC now owns 73,759 shares of the business services provider’s stock worth $3,221,000 after acquiring an additional 71,858 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Rollins by 18.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 39,400 shares of the business services provider’s stock worth $1,721,000 after acquiring an additional 6,110 shares during the period. Cerity Partners LLC lifted its stake in shares of Rollins by 124.8% in the 4th quarter. Cerity Partners LLC now owns 12,739 shares of the business services provider’s stock worth $556,000 after acquiring an additional 7,071 shares during the period. Louisiana State Employees Retirement System bought a new stake in shares of Rollins in the 4th quarter worth approximately $742,000. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its holdings in shares of Rollins by 5.3% in the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 717,192 shares of the business services provider’s stock worth $31,320,000 after purchasing an additional 36,093 shares in the last quarter. 51.79% of the stock is owned by institutional investors and hedge funds.

Rollins Stock Up 0.2 %

ROL stock traded up $0.12 during trading hours on Wednesday, hitting $48.60. The company’s stock had a trading volume of 584,089 shares, compared to its average volume of 1,791,418. 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 company has a market capitalization of $23.54 billion, a PE ratio of 54.47, a price-to-earnings-growth ratio of 3.75 and a beta of 0.70. Rollins, Inc. has a 12 month low of $32.19 and a 12 month high of $50.87. The stock has a 50 day moving average price of $48.67 and a two-hundred day moving average price of $46.19.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, July 24th. The business services provider reported $0.27 EPS for the quarter, hitting 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 company’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.23 earnings per share. On average, equities research analysts expect that Rollins, Inc. will post 1 earnings per share for the current year.

Rollins Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 10th. Shareholders of record on Monday, August 12th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend is Monday, August 12th. Rollins’s dividend payout ratio is 67.42%.

Wall Street Analyst Weigh In

ROL has been the topic of a number of research reports. Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 target price on shares of Rollins in a report on Thursday, July 25th. Wells Fargo & Company started coverage on shares of Rollins in a report on Monday. They set an “overweight” rating and a $54.00 price target on the stock. Morgan Stanley boosted their price target on shares of 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 upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research note on Wednesday, July 10th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $47.83.

Insider Buying and Selling

In related news, CEO Jerry Jr. Gahlhoff sold 12,000 shares of the company’s stock in a transaction 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 completion of the sale, the chief executive officer now directly owns 288,671 shares of the company’s stock, valued at approximately $13,625,271.20. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In related news, insider Elizabeth B. Chandler sold 4,686 shares of the company’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $47.82, for a total transaction of $224,084.52. Following the completion of the sale, the insider now directly owns 95,023 shares of the company’s stock, valued at approximately $4,543,999.86. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jerry Jr. Gahlhoff sold 12,000 shares of the company’s stock in a transaction 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 sale, the chief executive officer now directly owns 288,671 shares of the company’s stock, valued at $13,625,271.20. The disclosure for this sale can be found here. In the last three months, insiders sold 20,017 shares of company stock valued at $948,707. Company insiders own 4.69% of the company’s stock.

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.