Rollins, Inc. (NYSE:ROL) Insider Sells $236,545.65 in Stock

Rollins, Inc. (NYSE:ROL) insider Elizabeth B. Chandler sold 4,685 shares of the stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $50.49, for a total value of $236,545.65. Following the completion of the sale, the insider now owns 84,653 shares of the company’s stock, valued at $4,274,129.97. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Rollins Price Performance

Shares of ROL opened at $49.82 on Friday. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.41. Rollins, Inc. has a twelve month low of $32.19 and a twelve month high of $51.96. The stock has a market capitalization of $24.12 billion, a P/E ratio of 55.98 and a beta of 0.70. The company has a 50 day moving average of $49.52 and a 200-day moving average of $47.80.

Rollins (NYSE:ROL) last released its earnings results on Wednesday, July 24th. The business services provider reported $0.27 earnings per share 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 during the quarter, compared to the consensus estimate of $895.02 million. During the same quarter last year, the firm earned $0.23 earnings per share. The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. As a group, equities research analysts forecast that Rollins, Inc. will post 1 EPS for the current fiscal year.

Rollins Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Monday, August 12th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, August 12th. This represents a $0.60 annualized dividend and a yield of 1.20%. Rollins’s payout ratio is presently 67.42%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on ROL shares. Wells Fargo & Company initiated coverage on Rollins in a research note on Monday, August 12th. They set an “overweight” rating and a $54.00 target price for the company. Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 price target on shares of Rollins in a report on Thursday, July 25th. Finally, StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a report on Wednesday. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, Rollins currently has a consensus rating of “Moderate Buy” and an average price target of $47.83.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Quest Partners LLC acquired a new stake in Rollins in the second quarter valued at $33,000. Ridgewood Investments LLC bought a new stake in shares of Rollins in the 2nd quarter valued at about $34,000. Quent Capital LLC lifted 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 valued at $38,000 after purchasing an additional 236 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its holdings in Rollins by 10,233.3% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 930 shares of the business services provider’s stock worth $45,000 after purchasing an additional 921 shares during the period. Finally, Blue Trust Inc. grew its holdings in Rollins by 114.2% during the second quarter. Blue Trust Inc. now owns 1,604 shares of the business services provider’s stock worth $74,000 after purchasing an additional 855 shares during the period. 51.79% of the stock is owned by institutional investors and hedge funds.

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.