Inspire Advisors LLC Buys 9,314 Shares of Rollins, Inc. (NYSE:ROL)

Inspire Advisors LLC grew its stake in Rollins, Inc. (NYSE:ROL) by 191.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,175 shares of the business services provider’s stock after acquiring an additional 9,314 shares during the period. Inspire Advisors LLC’s holdings in Rollins were worth $717,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of ROL. Quest Partners LLC purchased a new position in Rollins during the 2nd quarter worth $33,000. Ridgewood Investments LLC purchased a new stake in Rollins in the second quarter worth about $34,000. Quent Capital LLC grew its holdings in Rollins by 43.9% during the 2nd quarter. Quent Capital LLC now owns 774 shares of the business services provider’s stock worth $38,000 after acquiring an additional 236 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its position in Rollins by 10,233.3% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 930 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 921 shares during the period. Finally, Blue Trust Inc. raised its holdings in shares of Rollins by 114.2% in the 2nd quarter. Blue Trust Inc. now owns 1,604 shares of the business services provider’s stock valued at $74,000 after purchasing an additional 855 shares in the last quarter. 51.79% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Rollins

In related news, 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 completion of the sale, the insider now 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 document filed with the SEC, which is available through this hyperlink. In other Rollins news, insider Elizabeth B. Chandler sold 4,685 shares of Rollins stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $50.74, for a total transaction of $237,716.90. Following the completion of the sale, the insider now directly owns 89,338 shares in the company, valued at approximately $4,533,010.12. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Elizabeth B. Chandler sold 4,686 shares of the stock in a transaction on Thursday, August 1st. The stock was 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 owns 95,023 shares in the company, valued at $4,543,999.86. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 14,056 shares of company stock worth $698,347. 4.69% of the stock is currently owned by insiders.

Rollins Stock Performance

ROL opened at $50.14 on Friday. The company has a market cap of $24.28 billion, a P/E ratio of 53.34 and a beta of 0.70. 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 firm’s 50-day moving average price is $49.89 and its 200-day moving average price is $48.02. Rollins, Inc. has a 52-week low of $32.19 and a 52-week high of $51.96.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, July 24th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.27. Rollins had a net margin of 14.23% and a return on equity of 40.10%. The business had revenue of $891.90 million for the quarter, compared to analyst estimates of $895.02 million. During the same quarter in the prior year, the business posted $0.23 EPS. Rollins’s revenue for the quarter was up 8.7% compared to the same quarter last year. As a group, equities analysts anticipate that Rollins, Inc. will post 1 EPS for the current fiscal year.

Rollins Announces Dividend

The company 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. The ex-dividend date was Monday, August 12th. This represents a $0.60 dividend on an annualized basis and a yield of 1.20%. Rollins’s dividend payout ratio is currently 63.83%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Royal Bank of Canada reissued an “outperform” rating and set a $52.00 price objective on shares of Rollins in a report on Thursday, July 25th. Wells Fargo & Company raised their price objective on Rollins from $54.00 to $56.00 and gave the company an “overweight” rating in a research report on Tuesday. Finally, StockNews.com raised shares of Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $48.17.

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.