Rollins, Inc. (NYSE:ROL) Shares Sold by Blair William & Co. IL

Blair William & Co. IL cut its holdings in Rollins, Inc. (NYSE:ROL) by 4.0% during the second quarter, HoldingsChannel reports. The firm owned 1,962,011 shares of the business services provider’s stock after selling 81,003 shares during the period. Blair William & Co. IL’s holdings in Rollins were worth $95,727,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. QRG Capital Management Inc. grew its holdings in shares of Rollins by 4.7% during the second quarter. QRG Capital Management Inc. now owns 4,547 shares of the business services provider’s stock worth $222,000 after buying an additional 203 shares during the last quarter. Czech National Bank grew its stake in shares of Rollins by 0.5% in the 1st quarter. Czech National Bank now owns 49,396 shares of the business services provider’s stock valued at $2,286,000 after purchasing an additional 226 shares during the last quarter. Quent Capital LLC increased its holdings 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 valued at $38,000 after purchasing an additional 236 shares during the period. Federated Hermes Inc. raised its stake in shares of Rollins by 16.4% during the second quarter. Federated Hermes Inc. now owns 1,766 shares of the business services provider’s stock worth $86,000 after purchasing an additional 249 shares during the last quarter. Finally, Tortoise Investment Management LLC lifted its holdings in shares of Rollins by 18.4% during the second quarter. Tortoise Investment Management LLC now owns 1,728 shares of the business services provider’s stock worth $84,000 after purchasing an additional 269 shares during the period. 51.79% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Insider Buying and Selling

In related news, insider Elizabeth B. Chandler sold 4,685 shares of Rollins stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $50.74, for a total transaction of $237,716.90. Following the completion of the transaction, the insider now directly owns 89,338 shares of the company’s stock, valued at $4,533,010.12. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, insider Elizabeth B. Chandler sold 4,686 shares of the stock in a transaction dated Thursday, August 1st. The shares were 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 of the company’s stock, valued at approximately $4,543,999.86. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Elizabeth B. Chandler sold 4,685 shares of Rollins stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $50.74, for a total transaction of $237,716.90. Following the transaction, the insider now owns 89,338 shares of the company’s stock, valued at approximately $4,533,010.12. The disclosure for this sale can be found here. Insiders own 4.69% of the company’s stock.

Rollins Price Performance

Shares of NYSE ROL opened at $51.40 on Wednesday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.72 and a current ratio of 0.78. Rollins, Inc. has a one year low of $32.19 and a one year high of $51.90. The firm has a market capitalization of $24.89 billion, a P/E ratio of 57.75, a PEG ratio of 3.93 and a beta of 0.70. The company’s fifty day moving average is $49.20 and its two-hundred day moving average is $47.40.

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

Rollins Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Monday, August 12th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.17%. The ex-dividend date was Monday, August 12th. Rollins’s dividend payout ratio (DPR) is 67.42%.

Rollins 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.