Insider Selling: Rollins, Inc. (NYSE:ROL) Insider Sells 13,193 Shares of Stock

Rollins, Inc. (NYSE:ROL) insider Elizabeth B. Chandler sold 13,193 shares of Rollins stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $51.18, for a total transaction of $675,217.74. Following the completion of the transaction, the insider now owns 76,526 shares of the company’s stock, valued at $3,916,600.68. This represents a 14.70 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Rollins Price Performance

Shares of NYSE:ROL traded up $0.07 on Monday, hitting $51.36. The company’s stock had a trading volume of 1,233,037 shares, compared to its average volume of 1,748,761. The company has a market capitalization of $24.87 billion, a PE ratio of 53.50 and a beta of 0.76. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62. The company has a 50-day simple moving average of $48.34 and a 200 day simple moving average of $49.15. Rollins, Inc. has a 1 year low of $41.72 and a 1 year high of $52.83.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. Sell-side analysts forecast that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th will be issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date is Tuesday, February 25th. Rollins’s dividend payout ratio is currently 68.75%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on ROL shares. UBS Group raised their price target on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a report on Friday, January 17th. Royal Bank of Canada restated an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research note on Monday, January 6th. Morgan Stanley lifted their target price on Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. StockNews.com raised shares of Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, February 19th. Finally, Canaccord Genuity Group boosted their price objective on shares of Rollins from $48.00 to $49.00 and gave the company a “hold” rating in a research note on Friday, February 14th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Rollins currently has a consensus rating of “Hold” and a consensus price target of $52.00.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Brooklyn Investment Group purchased a new position in shares of Rollins in the 3rd quarter worth about $28,000. Murphy & Mullick Capital Management Corp purchased a new stake in Rollins in the fourth quarter worth approximately $29,000. Centricity Wealth Management LLC purchased a new stake in Rollins in the fourth quarter worth approximately $31,000. Mizuho Bank Ltd. bought a new position in Rollins during the fourth quarter valued at approximately $37,000. Finally, True Wealth Design LLC raised its stake in shares of Rollins by 4,272.2% during the third quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock worth $40,000 after acquiring an additional 769 shares in the last quarter. Institutional investors own 51.79% of the company’s stock.

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.