iSAM Funds UK Ltd Buys New Stake in Rollins, Inc. (NYSE:ROL)

iSAM Funds UK Ltd bought a new stake in Rollins, Inc. (NYSE:ROL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,448 shares of the business services provider’s stock, valued at approximately $253,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Murphy & Mullick Capital Management Corp bought a new stake in Rollins in the fourth quarter valued at about $29,000. Centricity Wealth Management LLC bought a new stake in Rollins in the fourth quarter valued at about $31,000. Mizuho Bank Ltd. bought a new stake in Rollins in the fourth quarter valued at about $37,000. Atala Financial Inc bought a new stake in Rollins in the fourth quarter valued at about $47,000. Finally, Colonial Trust Co SC increased its stake in Rollins by 61.3% in the fourth quarter. Colonial Trust Co SC now owns 1,081 shares of the business services provider’s stock valued at $50,000 after acquiring an additional 411 shares during the period. Institutional investors own 51.79% of the company’s stock.

Insider Activity

In other news, insider Traci Hornfeck sold 3,224 shares of the stock in a transaction that occurred 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 sale, the insider now directly owns 9,602 shares of the company’s stock, valued at $509,866.20. This represents a 25.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Elizabeth B. Chandler sold 13,193 shares of the firm’s 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 directly owns 76,526 shares in the company, valued at approximately $3,916,600.68. The trade was a 14.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 22,180 shares of company stock valued at $1,155,943 over the last three months. 4.47% of the stock is owned by insiders.

Analyst Ratings Changes

ROL has been the topic of a number of recent analyst reports. Royal Bank of Canada boosted their price target on shares of Rollins from $52.00 to $62.00 and gave the company an “outperform” rating in a research report on Thursday, April 17th. StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research report on Thursday, April 17th. The Goldman Sachs Group set a $61.00 price target on shares of Rollins and gave the company a “buy” rating in a research report on Thursday, April 24th. Canaccord Genuity Group boosted their price target on shares of Rollins from $49.00 to $50.00 and gave the company a “hold” rating in a research report on Friday, April 25th. Finally, Barclays boosted their price target on shares of Rollins from $50.00 to $55.00 and gave the company an “equal weight” rating in a research report on Friday, April 4th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Rollins presently has an average rating of “Moderate Buy” and an average target price of $55.57.

Rollins Price Performance

ROL opened at $57.32 on Wednesday. Rollins, Inc. has a one year low of $45.00 and a one year high of $57.63. 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’s 50 day simple moving average is $54.56 and its 200-day simple moving average is $51.12. The stock has a market capitalization of $27.78 billion, a P/E ratio of 59.71 and a beta of 0.79.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, April 23rd. The business services provider reported $0.22 EPS for the quarter, meeting the consensus estimate of $0.22. Rollins had a net margin of 13.76% and a return on equity of 37.94%. The business had revenue of $822.50 million for the quarter, compared to analysts’ expectations of $817.09 million. During the same period in the prior year, the firm earned $0.20 earnings per share. Rollins’s revenue was up 9.9% compared to the same quarter last year. Sell-side analysts anticipate that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Monday, May 12th will be paid a dividend of $0.165 per share. The ex-dividend date is Monday, May 12th. This represents a $0.66 annualized dividend and a dividend yield of 1.15%. Rollins’s dividend payout ratio (DPR) is currently 66.67%.

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.