QRG Capital Management Inc. acquired a new stake in Rollins, Inc. (NYSE:ROL – Free Report) in the 1st quarter, according to the fund’s most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,344 shares of the business services provider’s stock, valued at approximately $201,000.

Several other large investors have also added to or reduced their stakes in the stock recently. Czech National Bank increased its position in Rollins by 0.5% in the 1st quarter. Czech National Bank now owns 49,396 shares of the business services provider’s stock worth $2,286,000 after buying an additional 226 shares during the period. Lindbrook Capital LLC increased its position in Rollins by 72.4% in the 4th quarter. Lindbrook Capital LLC now owns 619 shares of the business services provider’s stock worth $27,000 after buying an additional 260 shares during the period. Benjamin F. Edwards & Company Inc. increased its position in Rollins by 3.9% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 8,204 shares of the business services provider’s stock worth $380,000 after buying an additional 306 shares during the period. Beacon Pointe Advisors LLC increased its position in Rollins by 4.7% in the 4th quarter. Beacon Pointe Advisors LLC now owns 7,806 shares of the professional services provider’s stock worth $341,000 after purchasing an additional 348 shares during the period. Finally, Accretive Wealth Partners LLC increased its position in Rollins by 2.2% in the 4th quarter. Accretive Wealth Partners LLC now owns 16,759 shares of the professional services provider’s stock worth $732,000 after purchasing an additional 355 shares during the period. 51.79% of the stock is held by hedge funds and other institutional investors.

Changes in analyst ratings

Several equities research analysts have issued reports on the stock. Morgan Stanley raised their price objective on shares of Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a research report on Friday, April 26th. StockNews.com raised shares of Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, July 10th. Finally, UBS Group reiterated a “neutral” rating and gave a $49.00 price target on shares of Rollins in a report on Monday, April 15th. Two investment analysts have rated the stock with a hold rating and four have given it a buy rating. According to MarketBeat.com, Rollins currently has an average rating of “Moderate Buy” and an average price target of $46.60.

Get our latest analysis on ROL

Insider buying and selling

In related news, CFO Kenneth D. Krause sold 3,331 shares of the company’s stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of $47.50, for a total transaction of $158,222.50. Following the completion of the transaction, the chief financial officer now owns 90,747 shares of the company’s stock, valued at approximately $4,310,482.50. The transaction was disclosed in a document filed with the SEC, available at this hyperlink. In other Rollins news, CFO Kenneth D. Krause sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $45.00, for a total transaction value of $225,000.00. Following the completion of the transaction, the chief financial officer now owns 94,078 shares of the company’s stock, valued at $4,233,510. The transaction was disclosed in a filing with the SEC, available at this link. Also, CFO Kenneth D. Krause sold 3,331 shares of the company’s stock in a transaction on Wednesday, June 5. The shares were sold at an average price of $47.50, for a total transaction of $158,222.50. Following the completion of the transaction, the chief financial officer now directly owns 90,747 shares of the company’s stock, valued at approximately $4,310,482.50. The disclosure for this sale can be found here. Insiders sold a total of 20,331 shares of the company’s stock worth $949,623 in the last 90 days. 4.69% of the shares are held by corporate insiders.

Rollins trades up 0.4%

NYSE ROL opened at $49.44 on Monday. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.44. The company has a market cap of $23.94 billion, a PE ratio of 55.55, a price-to-earnings-growth ratio of 3.77 and a beta of 0.70. The company has a 50-day moving average price of $48.08 and a 200-day moving average price of $45.64. Rollins, Inc. has a 52-week low of $32.19 and a 52-week high of $50.83.

Rollins (NYSE:ROL – Get Free Report) last released its quarterly earnings results on Wednesday, April 24. The professional services company reported $0.20 EPS for the quarter, which topped the consensus estimate of $0.20. The company had revenue of $748.35 million during the quarter, compared to analyst estimates of $739.12 million. Rollins had a net margin of 13.94% and a return on equity of 37.73%. Rollins’ revenue increased 13.7% year-over-year. In the prior-year quarter, the company posted $0.18 EPS. As a group, sell-side analysts predict that Rollins, Inc. will post 1 EPS for the current fiscal year.

Rollins announces dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 10th. Investors of record on Friday, May 10th were paid a dividend of $0.15 per share. The ex-dividend date for this dividend was Thursday, May 9th. This represents an annualized dividend of $0.60 and a dividend yield of 1.21%. Rollins’ dividend payout ratio (DPR) is currently 67.42%.

Rollins Company Profile

(Free Report)

Rollins, Inc., through its subsidiaries, provides pest control services to residential and commercial customers in the United States and internationally. The company provides pest control services to residential properties to protect against common pests, including rodents, insects, and wildlife.

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