Dudley & Shanley Inc. Buys 10,950 Shares of Rollins, Inc. (NYSE:ROL)

Dudley & Shanley Inc. lifted its stake in shares of Rollins, Inc. (NYSE:ROL) by 2.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 444,550 shares of the business services provider’s stock after purchasing an additional 10,950 shares during the period. Rollins makes up about 3.5% of Dudley & Shanley Inc.’s investment portfolio, making the stock its 16th biggest position. Dudley & Shanley Inc. owned approximately 0.09% of Rollins worth $22,485,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. B.O.S.S. Retirement Advisors LLC boosted its stake in Rollins by 4.9% in the third quarter. B.O.S.S. Retirement Advisors LLC now owns 4,543 shares of the business services provider’s stock valued at $230,000 after acquiring an additional 212 shares during the last quarter. Mather Group LLC. boosted its holdings in Rollins by 8.8% during the third quarter. Mather Group LLC. now owns 3,027 shares of the business services provider’s stock worth $153,000 after buying an additional 246 shares during the last quarter. Federated Hermes Inc. grew its holdings in Rollins by 16.4% during the second quarter. Federated Hermes Inc. now owns 1,766 shares of the business services provider’s stock valued at $86,000 after purchasing an additional 249 shares during the period. Raymond James Trust N.A. grew its holdings in shares of Rollins by 1.9% in the 3rd quarter. Raymond James Trust N.A. now owns 13,283 shares of the business services provider’s stock valued at $672,000 after buying an additional 252 shares during the period. Finally, Tortoise Investment Management LLC increased its position in shares of Rollins by 18.4% in the 2nd quarter. Tortoise Investment Management LLC now owns 1,728 shares of the business services provider’s stock valued at $84,000 after buying an additional 269 shares in the last quarter. 51.79% of the stock is owned by institutional investors.

Insider Buying and Selling at Rollins

In related news, insider Elizabeth B. Chandler sold 4,685 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $50.49, for a total transaction of $236,545.65. Following the transaction, the insider now directly owns 84,653 shares of the company’s stock, valued at approximately $4,274,129.97. The trade was a 5.24 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Timothy Curtis Rollins sold 14,750 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $49.88, for a total value of $735,730.00. Following the sale, the insider now directly owns 124,214 shares of the company’s stock, valued at $6,195,794.32. This represents a 10.61 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 4.69% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on ROL shares. Morgan Stanley boosted their target price on Rollins from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Thursday, December 12th. StockNews.com lowered Rollins from a “buy” rating to a “hold” rating in a research report on Thursday, October 24th. Wells Fargo & Company raised their target price on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. Finally, Barclays began coverage on shares of Rollins in a report on Monday, November 4th. They issued an “equal weight” rating and a $50.00 price target for the company. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $51.00.

Rollins Stock Down 0.8 %

NYSE:ROL traded down $0.38 on Monday, hitting $46.54. 1,765,960 shares of the company’s stock were exchanged, compared to its average volume of 1,706,219. The firm has a 50-day moving average price of $49.18 and a 200-day moving average price of $49.25. Rollins, Inc. has a 52 week low of $40.41 and a 52 week high of $52.16. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.78 and a quick ratio of 0.72. The company has a market cap of $22.54 billion, a P/E ratio of 48.48 and a beta of 0.72.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $0.29 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.01). Rollins had a net margin of 14.18% and a return on equity of 38.67%. The company had revenue of $916.27 million for the quarter, compared to analyst estimates of $911.15 million. During the same period last year, the company posted $0.28 earnings per share. The business’s revenue for the quarter was up 9.0% on a year-over-year basis. As a group, analysts expect that Rollins, Inc. will post 0.99 EPS for the current fiscal year.

Rollins Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Tuesday, November 12th were given a dividend of $0.165 per share. This is a positive change from Rollins’s previous quarterly dividend of $0.15. This represents a $0.66 annualized dividend and a yield of 1.42%. The ex-dividend date of this dividend was Tuesday, November 12th. Rollins’s dividend payout ratio is 68.75%.

About Rollins

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.