Crown Oak Advisors LLC Has $9.59 Million Position in Rollins, Inc. (NYSE:ROL)

Crown Oak Advisors LLC increased its stake in shares of Rollins, Inc. (NYSE:ROL) by 13.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 206,942 shares of the business services provider’s stock after purchasing an additional 24,750 shares during the quarter. Rollins comprises about 4.9% of Crown Oak Advisors LLC’s portfolio, making the stock its 9th biggest position. Crown Oak Advisors LLC’s holdings in Rollins were worth $9,592,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of ROL. Montrusco Bolton Investments Inc. raised its position in shares of Rollins by 14.0% in the 3rd quarter. Montrusco Bolton Investments Inc. now owns 9,397,497 shares of the business services provider’s stock valued at $465,503,000 after acquiring an additional 1,154,722 shares during the period. Fiera Capital Corp acquired a new stake in shares of Rollins during the third quarter worth about $43,225,000. Point72 Asset Management L.P. bought a new position in shares of Rollins during the 3rd quarter valued at about $28,980,000. JPMorgan Chase & Co. grew its position in shares of Rollins by 22.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,280,005 shares of the business services provider’s stock valued at $115,323,000 after purchasing an additional 420,399 shares during the period. Finally, SG Americas Securities LLC increased its stake in Rollins by 535.2% during the 4th quarter. SG Americas Securities LLC now owns 261,379 shares of the business services provider’s stock worth $12,115,000 after purchasing an additional 220,230 shares in the last quarter. 51.79% of the stock is owned by institutional investors.

Rollins Stock Up 0.3 %

NYSE:ROL opened at $48.60 on Friday. The firm has a market capitalization of $23.53 billion, a price-to-earnings ratio of 50.62 and a beta of 0.75. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.34. Rollins, Inc. has a twelve month low of $40.41 and a twelve month high of $52.16. The stock’s 50 day moving average price is $48.23 and its two-hundred day moving average price is $48.92.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, October 23rd. The business services provider reported $0.29 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.01). Rollins had a return on equity of 38.67% and a net margin of 14.18%. The business had revenue of $916.27 million for the quarter, compared to the consensus estimate of $911.15 million. During the same quarter in the prior year, the firm posted $0.28 earnings per share. The business’s revenue was up 9.0% compared to the same quarter last year. Equities research analysts expect that Rollins, Inc. will post 0.99 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th will be given a dividend of $0.165 per share. The ex-dividend date is Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a yield of 1.36%. Rollins’s dividend payout ratio (DPR) is 68.75%.

Insider Buying and Selling at Rollins

In related news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the business’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $49.88, for a total value of $735,730.00. Following the completion of the sale, the insider now directly owns 124,214 shares in the company, valued at $6,195,794.32. The trade was a 10.61 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 4.69% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ROL. UBS Group lifted their price target on shares of Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. Morgan Stanley upped their target price on shares of Rollins from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 12th. Barclays assumed coverage on Rollins in a research note on Monday, November 4th. They issued an “equal weight” rating and a $50.00 price target on the stock. Wells Fargo & Company boosted their target price on Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Finally, StockNews.com cut shares of Rollins from a “buy” rating to a “hold” rating in a research note on Wednesday, January 8th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $51.50.

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.