Rollins, Inc. (NYSE:ROL) Shares Sold by Inspire Investing LLC

Inspire Investing LLC lowered its stake in Rollins, Inc. (NYSE:ROL) by 9.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,454 shares of the business services provider’s stock after selling 2,562 shares during the period. Inspire Investing LLC’s holdings in Rollins were worth $1,186,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. QRG Capital Management Inc. raised its position 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 purchasing an additional 203 shares during the period. Czech National Bank increased its stake in Rollins by 0.5% in the 1st quarter. Czech National Bank now owns 49,396 shares of the business services provider’s stock worth $2,286,000 after purchasing an additional 226 shares in the last quarter. Quent Capital LLC increased its stake in Rollins by 43.9% in the 2nd quarter. Quent Capital LLC now owns 774 shares of the business services provider’s stock worth $38,000 after purchasing an additional 236 shares in the last quarter. Mather Group LLC. raised its holdings in Rollins by 8.8% during the 3rd 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 period. Finally, Federated Hermes Inc. lifted its stake 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 buying an additional 249 shares in the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Analyst Ratings Changes

ROL has been the topic of several analyst reports. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research report on Thursday, July 25th. Wells Fargo & Company initiated coverage on shares of Rollins in a research note on Monday, August 12th. They set an “overweight” rating and a $54.00 target price on the stock. Finally, StockNews.com raised shares of Rollins from a “hold” rating to a “buy” rating in a research note on Wednesday, October 2nd. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, Rollins currently has an average rating of “Moderate Buy” and an average target price of $47.83.

Rollins Stock Up 0.8 %

Rollins stock opened at $49.66 on Monday. The firm’s 50 day moving average price is $49.68 and its two-hundred day moving average price is $47.91. The firm has a market cap of $24.05 billion, a PE ratio of 52.83 and a beta of 0.70. Rollins, Inc. has a twelve month low of $32.19 and a twelve month high of $51.96. 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 (NYSE:ROL) last announced its quarterly earnings data on Wednesday, July 24th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, hitting 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 during the quarter, compared to analyst estimates of $895.02 million. During the same period last year, the company earned $0.23 earnings per share. Rollins’s quarterly revenue was up 8.7% compared to the same quarter last year. On average, research analysts predict that Rollins, Inc. will post 1 EPS for the current fiscal year.

Rollins Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Monday, August 12th were issued a $0.15 dividend. The ex-dividend date was Monday, August 12th. This represents a $0.60 dividend on an annualized basis and a yield of 1.21%. Rollins’s dividend payout ratio is currently 63.83%.

Insider Activity at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 4,685 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the insider now directly owns 89,338 shares of the company’s stock, valued at $4,533,010.12. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, insider Elizabeth B. Chandler sold 4,686 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $47.82, for a total value of $224,084.52. Following the completion of the sale, the insider now directly owns 95,023 shares in the company, valued at approximately $4,543,999.86. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Elizabeth B. Chandler sold 4,685 shares of the stock in a transaction that occurred 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 transaction, the insider now owns 89,338 shares in the company, valued at approximately $4,533,010.12. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 14,056 shares of company stock valued at $698,347. 4.69% of the stock is currently owned by corporate insiders.

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.