Rollins (NYSE:ROL) Sets New 12-Month High at $51.51

Rollins, Inc. (NYSE:ROL)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $51.51 and last traded at $51.35, with a volume of 38540 shares. The stock had previously closed at $50.91.

Analyst Upgrades and Downgrades

ROL has been the subject of a number of analyst reports. Wells Fargo & Company assumed coverage on shares of Rollins in a research report on Monday, August 12th. They set an “overweight” rating and a $54.00 target price for the company. StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, July 10th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research report on Thursday, July 25th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $47.83.

Rollins Stock Up 1.9 %

The company has a debt-to-equity ratio of 0.41, a current ratio of 0.78 and a quick ratio of 0.72. The business’s fifty day moving average price is $49.16 and its two-hundred day moving average price is $47.35. The stock has a market capitalization of $25.12 billion, a PE ratio of 57.19, a price-to-earnings-growth ratio of 3.93 and a beta of 0.70.

Rollins (NYSE:ROL) last posted 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. Rollins had a return on equity of 40.10% and a net margin of 14.23%. The business had revenue of $891.90 million for the quarter, compared to the consensus estimate of $895.02 million. During the same quarter in the previous year, the business earned $0.23 EPS. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. On average, equities research analysts forecast 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 Tuesday, September 10th. Shareholders of record on Monday, August 12th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date was Monday, August 12th. Rollins’s dividend payout ratio is presently 67.42%.

Insider Buying and Selling at Rollins

In other news, insider Elizabeth B. Chandler sold 4,685 shares of the stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $50.74, for a total value of $237,716.90. Following the sale, the insider now owns 89,338 shares in the company, valued at $4,533,010.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, insider Elizabeth B. Chandler sold 4,685 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $50.74, for a total value of $237,716.90. Following the completion of the transaction, the insider now owns 89,338 shares of the company’s stock, valued at approximately $4,533,010.12. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Elizabeth B. Chandler sold 4,686 shares of the firm’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $47.82, for a total value of $224,084.52. Following the sale, the insider now directly owns 95,023 shares in the company, valued at $4,543,999.86. The disclosure for this sale can be found here. Company insiders own 4.69% of the company’s stock.

Institutional Trading of Rollins

A number of hedge funds have recently added to or reduced their stakes in ROL. Quest Partners LLC acquired a new position in Rollins in the 2nd quarter worth about $33,000. Ridgewood Investments LLC acquired a new position in shares of Rollins during the 2nd quarter worth approximately $34,000. Quent Capital LLC lifted its position in shares of Rollins by 43.9% during the 2nd quarter. Quent Capital LLC now owns 774 shares of the business services provider’s stock valued at $38,000 after buying an additional 236 shares in the last quarter. Principal Securities Inc. acquired a new stake in Rollins in the 4th quarter valued at $36,000. Finally, Whittier Trust Co. of Nevada Inc. increased its holdings in Rollins by 10,233.3% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 930 shares of the business services provider’s stock worth $45,000 after acquiring an additional 921 shares in the last quarter. 51.79% of the stock is owned by hedge funds and other 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.