TRUE Private Wealth Advisors Grows Stock Holdings in Rollins, Inc. (NYSE:ROL)

TRUE Private Wealth Advisors grew its holdings in shares of Rollins, Inc. (NYSE:ROL) by 40.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 8,636 shares of the business services provider’s stock after purchasing an additional 2,496 shares during the period. TRUE Private Wealth Advisors’ holdings in Rollins were worth $377,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Treasurer of the State of North Carolina lifted its holdings in shares of Rollins by 14.9% during the third quarter. Treasurer of the State of North Carolina now owns 118,662 shares of the business services provider’s stock valued at $4,430,000 after purchasing an additional 15,393 shares during the last quarter. Caprock Group LLC purchased a new position in Rollins in the 4th quarter worth approximately $1,617,000. Asset Management One Co. Ltd. raised its holdings in Rollins by 17.7% in the 4th quarter. Asset Management One Co. Ltd. now owns 171,348 shares of the business services provider’s stock worth $7,498,000 after acquiring an additional 25,709 shares during the last quarter. Crown Oak Advisors LLC purchased a new position in Rollins in the 4th quarter worth approximately $9,547,000. Finally, Briaud Financial Planning Inc purchased a new position in Rollins in the 3rd quarter worth approximately $98,000. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Rollins Trading Down 0.7 %

NYSE:ROL opened at $43.01 on Thursday. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.42. Rollins, Inc. has a 12 month low of $32.19 and a 12 month high of $47.45. The company has a market cap of $20.84 billion, a PE ratio of 48.88, a price-to-earnings-growth ratio of 3.42 and a beta of 0.63. The company has a 50 day simple moving average of $44.53 and a two-hundred day simple moving average of $41.82.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, February 14th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.21. Rollins had a net margin of 14.15% and a return on equity of 35.97%. The firm had revenue of $754.10 million during the quarter, compared to the consensus estimate of $753.40 million. During the same quarter in the previous year, the firm posted $0.17 EPS. The company’s revenue for the quarter was up 14.0% compared to the same quarter last year. Research analysts forecast that Rollins, Inc. will post 0.99 earnings per share for the current year.

Rollins Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Wednesday, February 21st were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date was Tuesday, February 20th. Rollins’s payout ratio is 68.18%.

Insider Activity

In other news, insider Traci Hornfeck sold 2,677 shares of the business’s stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $43.48, for a total transaction of $116,395.96. Following the completion of the sale, the insider now owns 14,376 shares of the company’s stock, valued at approximately $625,068.48. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, insider Traci Hornfeck sold 2,677 shares of Rollins stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $43.48, for a total transaction of $116,395.96. Following the transaction, the insider now owns 14,376 shares in the company, valued at approximately $625,068.48. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Thomas D. Tesh sold 5,147 shares of Rollins stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $46.00, for a total transaction of $236,762.00. Following the transaction, the insider now owns 35,387 shares in the company, valued at approximately $1,627,802. The disclosure for this sale can be found here. Insiders sold a total of 22,824 shares of company stock valued at $994,558 in the last 90 days. Company insiders own 4.69% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group assumed coverage on shares of Rollins in a report on Tuesday, January 2nd. They issued a “buy” rating and a $49.00 price objective for the company. Royal Bank of Canada restated an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a report on Thursday, February 15th. Morgan Stanley assumed coverage on shares of Rollins in a report on Thursday, December 21st. They issued an “equal weight” rating and a $42.00 price objective for the company. UBS Group restated a “neutral” rating and issued a $49.00 price objective on shares of Rollins in a report on Monday. Finally, StockNews.com raised shares of Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $46.83.

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.