Insider Selling: Rollins (NYSE:ROL) Chairman Sells 19,094 Shares of Stock

Rollins, Inc. (NYSE:ROL) Chairman Gary Rollins sold 19,094 shares of the company’s stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $63.26, for a total transaction of $1,207,886.44. Following the completion of the transaction, the chairman owned 5,322,469 shares of the company’s stock, valued at approximately $336,699,388.94. This trade represents a 0.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Rollins Stock Performance

ROL traded down $0.65 during trading hours on Wednesday, hitting $62.85. The company’s stock had a trading volume of 2,745,339 shares, compared to its average volume of 2,121,308. The company has a 50-day simple moving average of $60.82 and a 200 day simple moving average of $58.45. The company has a current ratio of 0.77, a quick ratio of 0.71 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $30.46 billion, a PE ratio of 58.73 and a beta of 0.79. Rollins, Inc. has a fifty-two week low of $48.70 and a fifty-two week high of $63.84.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, October 29th. The business services provider reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.03. Rollins had a return on equity of 37.60% and a net margin of 14.02%.The company had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.02 billion. During the same quarter in the prior year, the business posted $0.29 earnings per share. The company’s revenue for the quarter was up 12.0% compared to the same quarter last year. As a group, sell-side analysts expect that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th will be paid a $0.1825 dividend. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, February 25th. Rollins’s dividend payout ratio is currently 68.22%.

Key Rollins News

Here are the key news stories impacting Rollins this week:

• Neutral Sentiment: Seth Rollins says a Royal Rumble entrant is being overlooked by fans and pundits. Seth Rollins says this WWE Royal Rumble entrant is being overlooked by everyone
• Neutral Sentiment: Rollins names five future WWE stars and notably omits Oba Femi from the list. Seth Rollins Names Five Stars Who Are The Future of WWE – Snubs Oba Femi
• Neutral Sentiment: Live commentary for The Skyscraper drew criticism, but observers liked Rollins’ presence. The Skyscraper Live Commentary Is Getting Trashed, But I Really Liked Seth Rollins’ Presence
• Neutral Sentiment: Becky Lynch and Rollins discuss a complicated WWE storyline/ruse. Becky Lynch and Seth Rollins lament complicated WWE ruse
• Neutral Sentiment: Rollins highlights some wrestlers he sees as future megastars for WWE. Seth Rollins reveals some of the future WWE megastars
• Neutral Sentiment: Video piece on Becky Lynch’s early run with Rollins and why it failed. Becky Lynch’s First WWE Run With Seth Rollins Failed For This Reason
• Neutral Sentiment: Report speculating Rollins could return at the Royal Rumble; status remains unclear. Seth Rollins Returning at Royal Rumble? WWE Star Gives Update
• Neutral Sentiment: Rollins confirms he will not be at the Royal Rumble (comments on absence). I am not going to be at the Rumble: Seth Rollins confirms his absence from Royal Rumble
• Neutral Sentiment: Rollins discusses his injury and how much time he expects left in wrestling. Injured WWE Star Seth Rollins Comments On How Much Time He Has Left In Wrestling
• Neutral Sentiment: Coverage that Rollins shut down rumors of an injury return at the Royal Rumble. WWE star Seth Rollins shuts down Royal Rumble injury return
• Neutral Sentiment: Rollins states whether he is medically cleared for the men’s Royal Rumble. Seth Rollins reveals whether he’s cleared to participate in WWE men’s Royal Rumble
• Neutral Sentiment: Longer piece on Rollins addressing injuries and his retirement timeline. Seth Rollins Again Addresses His Injuries and Retirement Timeline
• Neutral Sentiment: Interview with Becky Lynch about dream matches and life in WWE with Rollins. Becky Lynch on Dream Matches, In-Ring Immortality & Life in WWE With Seth Rollins
• Neutral Sentiment: Preview/analysis asking whether Rollins will compete at the Royal Rumble. Will Seth Rollins Compete at the WWE Royal Rumble?
• Neutral Sentiment: Rollins details biceps/triceps rehab workouts aiding his recovery. Seth Rollins on how bicep and tricep workouts are helping him recover from WWE injury
• Neutral Sentiment: Rollins gives an update on his WWE return timeframe; no company ties. Seth Rollins shares big update on WWE return timeframe
• Neutral Sentiment: Bleacher Report: Rollins spoils Royal Rumble plans and updates fans on injuries/retirement. Seth Rollins Gives Royal Rumble Spoiler, WWE Star Updates Injury and Retirement Timeline

Institutional Trading of Rollins

Several large investors have recently added to or reduced their stakes in the company. J.W. Cole Advisors Inc. lifted its stake in Rollins by 16.2% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 128,043 shares of the business services provider’s stock worth $7,224,000 after acquiring an additional 17,845 shares in the last quarter. Savant Capital LLC increased its holdings in shares of Rollins by 7.2% in the 2nd quarter. Savant Capital LLC now owns 21,419 shares of the business services provider’s stock valued at $1,208,000 after purchasing an additional 1,435 shares during the period. Prudential Financial Inc. lifted its position in shares of Rollins by 11.0% in the second quarter. Prudential Financial Inc. now owns 158,775 shares of the business services provider’s stock worth $8,958,000 after purchasing an additional 15,699 shares in the last quarter. Marshall Wace LLP lifted its position in Rollins by 78.0% in the 2nd quarter. Marshall Wace LLP now owns 2,282,659 shares of the business services provider’s stock worth $128,788,000 after buying an additional 1,000,185 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its stake in shares of Rollins by 139.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 416,737 shares of the business services provider’s stock valued at $24,479,000 after buying an additional 242,699 shares during the period. 51.79% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ROL has been the subject of a number of research analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Rollins in a research report on Monday, December 29th. Royal Bank Of Canada restated an “outperform” rating and issued a $70.00 price objective on shares of Rollins in a report on Tuesday, December 23rd. Jefferies Financial Group set a $66.00 target price on Rollins and gave the stock a “buy” rating in a report on Monday, November 3rd. Canaccord Genuity Group set a $55.00 price target on shares of Rollins and gave the company a “hold” rating in a report on Friday, October 31st. Finally, Wells Fargo & Company lifted their price objective on shares of Rollins from $65.00 to $68.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 14th. Eleven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $67.67.

About Rollins

Rollins, Inc (NYSE: ROL) is a provider of pest and termite control services operating through a network of subsidiaries and franchises. Headquartered in Atlanta, Georgia, the company offers a broad range of pest management solutions for both residential and commercial customers, positioning itself as a specialist in protecting property and public health from pests and vectors.

Its service offerings include general pest control, termite inspection and treatment, bed bug remediation, mosquito and vector control, wildlife exclusion, and related specialty services.