Yarbrough Capital LLC Acquires 7,044 Shares of Rollins, Inc. (NYSE:ROL)

Yarbrough Capital LLC grew its position in shares of Rollins, Inc. (NYSE:ROL) by 46.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 22,071 shares of the business services provider’s stock after purchasing an additional 7,044 shares during the quarter. Yarbrough Capital LLC’s holdings in Rollins were worth $1,192,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in ROL. Mather Group LLC. raised its holdings in Rollins by 9.8% during the 4th quarter. Mather Group LLC. now owns 3,325 shares of the business services provider’s stock worth $154,000 after purchasing an additional 298 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in Rollins by 34.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 31,172 shares of the business services provider’s stock worth $1,454,000 after purchasing an additional 7,939 shares during the last quarter. Bleakley Financial Group LLC raised its holdings in Rollins by 4.7% during the 4th quarter. Bleakley Financial Group LLC now owns 8,744 shares of the business services provider’s stock worth $405,000 after purchasing an additional 390 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Rollins by 2.5% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 33,118 shares of the business services provider’s stock worth $1,535,000 after purchasing an additional 792 shares during the last quarter. Finally, Lecap Asset Management Ltd. bought a new position in Rollins during the 4th quarter worth approximately $1,436,000. Institutional investors own 51.79% of the company’s stock.

Rollins Stock Performance

NYSE ROL opened at $57.78 on Friday. The company has a fifty day simple moving average of $55.82 and a 200 day simple moving average of $51.79. Rollins, Inc. has a 12-month low of $45.34 and a 12-month high of $58.65. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30. The company has a market cap of $28.00 billion, a P/E ratio of 60.18 and a beta of 0.77.

Rollins (NYSE:ROL) last posted its quarterly earnings results on Wednesday, April 23rd. The business services provider reported $0.22 earnings per share (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 during the quarter, compared to the consensus estimate of $817.09 million. During the same quarter last year, the firm posted $0.20 EPS. Rollins’s revenue was up 9.9% compared to the same quarter last year. Sell-side analysts predict that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Monday, May 12th will be given a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 1.14%. The ex-dividend date of this dividend is Monday, May 12th. Rollins’s payout ratio is currently 66.67%.

Analyst Ratings Changes

ROL has been the subject of several analyst reports. Canaccord Genuity Group raised their price target on shares of Rollins from $49.00 to $50.00 and gave the stock a “hold” rating in a report on Friday, April 25th. The Goldman Sachs Group set a $61.00 price objective on shares of Rollins and gave the stock a “buy” rating in a research report on Thursday, April 24th. Jefferies Financial Group raised shares of Rollins from a “hold” rating to a “buy” rating and raised their price objective for the stock from $55.00 to $65.00 in a research report on Monday, June 2nd. Barclays raised their price objective on shares of Rollins from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Friday, April 4th. Finally, Wall Street Zen raised shares of Rollins from a “hold” rating to a “buy” rating in a research report on Thursday, April 17th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Rollins presently has an average rating of “Moderate Buy” and an average price target of $56.75.

Insider Activity at Rollins

In related news, insider Thomas D. Tesh sold 1,921 shares of Rollins stock in a transaction on Thursday, April 10th. The shares were sold at an average price of $52.81, for a total value of $101,448.01. Following the completion of the sale, the insider now owns 39,640 shares of the company’s stock, valued at approximately $2,093,388.40. This trade represents a 4.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Chairman John F. Wilson sold 40,000 shares of Rollins stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $56.77, for a total transaction of $2,270,800.00. Following the completion of the sale, the chairman now directly owns 662,727 shares of the company’s stock, valued at approximately $37,623,011.79. The trade was a 5.69% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 45,763 shares of company stock valued at $2,580,331. 4.47% of the stock is owned by company insiders.

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.