Brokerages Set Rollins, Inc. (NYSE:ROL) Price Target at $52.00

Shares of Rollins, Inc. (NYSE:ROL) have been assigned an average recommendation of “Hold” from the six analysts that are presently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $52.00.

Several research firms have weighed in on ROL. UBS Group increased their target price on shares of Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a report on Friday, January 17th. StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, March 12th. Canaccord Genuity Group increased their target price on shares of Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a report on Friday, February 14th. Morgan Stanley increased their target price on shares of Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Finally, Wells Fargo & Company raised their price objective on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a report on Monday, December 16th.

Insider Buying and Selling at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 13,193 shares of Rollins stock in a transaction on Friday, February 21st. The shares were sold at an average price of $51.18, for a total value of $675,217.74. Following the sale, the insider now directly owns 76,526 shares in the company, valued at approximately $3,916,600.68. The trade was a 14.70 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Traci Hornfeck sold 3,224 shares of Rollins stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total transaction of $171,194.40. Following the completion of the sale, the insider now owns 9,602 shares in the company, valued at $509,866.20. The trade was a 25.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 18,338 shares of company stock worth $945,882. Insiders own 4.69% of the company’s stock.

Institutional Investors Weigh In On Rollins

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Centaurus Financial Inc. bought a new position in shares of Rollins in the 4th quarter valued at about $128,000. Cim LLC grew its position in shares of Rollins by 1.7% in the 4th quarter. Cim LLC now owns 26,493 shares of the business services provider’s stock valued at $1,228,000 after acquiring an additional 442 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Rollins in the 4th quarter valued at about $81,747,000. Jefferies Financial Group Inc. grew its position in shares of Rollins by 143.0% in the 4th quarter. Jefferies Financial Group Inc. now owns 125,179 shares of the business services provider’s stock valued at $5,802,000 after acquiring an additional 73,661 shares during the period. Finally, Mackenzie Financial Corp grew its position in shares of Rollins by 174.8% in the 4th quarter. Mackenzie Financial Corp now owns 23,499 shares of the business services provider’s stock valued at $1,089,000 after acquiring an additional 14,948 shares during the period. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Rollins Price Performance

Shares of ROL stock opened at $51.81 on Tuesday. Rollins has a 52-week low of $41.72 and a 52-week high of $53.72. The stock has a market cap of $25.09 billion, a PE ratio of 53.96 and a beta of 0.78. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69. The firm’s 50 day moving average price is $49.88 and its two-hundred day moving average price is $49.42.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. As a group, analysts forecast that Rollins will post 1.09 EPS for the current year.

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 25th were issued a dividend of $0.165 per share. The ex-dividend date was Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.27%. Rollins’s payout ratio is 68.75%.

Rollins Company 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.