Mercer Global Advisors Inc. ADV Decreases Position in Rollins, Inc. (NYSE:ROL)

Mercer Global Advisors Inc. ADV reduced its stake in shares of Rollins, Inc. (NYSE:ROL) by 8.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 18,459 shares of the business services provider’s stock after selling 1,687 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in Rollins were worth $856,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ROL. Murphy & Mullick Capital Management Corp purchased a new stake in shares of Rollins during the fourth quarter valued at approximately $29,000. Centricity Wealth Management LLC acquired a new position in Rollins in the 4th quarter worth $31,000. Mizuho Bank Ltd. purchased a new position in Rollins in the 4th quarter valued at about $37,000. Atala Financial Inc acquired a new stake in shares of Rollins during the fourth quarter valued at about $47,000. Finally, Headlands Technologies LLC grew its stake in shares of Rollins by 425.1% during the fourth quarter. Headlands Technologies LLC now owns 1,402 shares of the business services provider’s stock valued at $65,000 after acquiring an additional 1,135 shares in the last quarter. 51.79% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently commented on ROL. StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a report on Thursday, April 17th. The Goldman Sachs Group set a $61.00 price target on shares of Rollins and gave the stock a “buy” rating in a research report on Thursday, April 24th. Royal Bank of Canada upped their price target on shares of Rollins from $52.00 to $62.00 and gave the company an “outperform” rating in a report on Thursday, April 17th. Morgan Stanley boosted their target price on shares of Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Finally, UBS Group increased their price target on shares of Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research report on Friday, January 17th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $55.57.

Rollins Trading Up 0.0 %

Rollins stock opened at $56.70 on Friday. Rollins, Inc. has a 1 year low of $45.00 and a 1 year high of $57.43. The firm’s 50-day moving average is $53.92 and its 200-day moving average is $50.67. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69. The company has a market cap of $27.48 billion, a P/E ratio of 59.06 and a beta of 0.79.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, April 23rd. The business services provider reported $0.22 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.22. The firm had revenue of $822.50 million for the quarter, compared to analysts’ expectations of $817.09 million. Rollins had a net margin of 13.76% and a return on equity of 37.94%. Rollins’s revenue was up 9.9% on a year-over-year basis. During the same quarter last year, the company posted $0.20 earnings per share. On average, equities analysts expect that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Monday, May 12th will be paid a dividend of $0.165 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.66 dividend on an annualized basis and a yield of 1.16%. Rollins’s payout ratio is currently 66.67%.

Insider Buying and Selling at Rollins

In related news, insider Thomas D. Tesh sold 1,921 shares of Rollins stock in a transaction dated Thursday, April 10th. The shares were sold at an average price of $52.81, for a total value of $101,448.01. Following the sale, the insider now directly owns 39,640 shares in the company, valued at $2,093,388.40. This trade represents a 4.62 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Traci Hornfeck sold 3,224 shares of the company’s stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total transaction of $171,194.40. Following the completion of the transaction, the insider now owns 9,602 shares of the company’s stock, valued at approximately $509,866.20. This trade represents a 25.14 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 20,259 shares of company stock worth $1,047,330. 4.47% of the stock is owned by 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.