UBS Group Reaffirms Neutral Rating for Rollins (NYSE:ROL)

UBS Group restated their neutral rating on shares of Rollins (NYSE:ROL) in a research report sent to investors on Monday, Marketbeat reports. They currently have a $49.00 price target on the business services provider’s stock.

ROL has been the subject of several other reports. Royal Bank of Canada restated an outperform rating and issued a $52.00 price target on shares of Rollins in a research note on Thursday, February 15th. StockNews.com downgraded Rollins from a buy rating to a hold rating in a research note on Wednesday, January 10th. Morgan Stanley assumed coverage on Rollins in a research note on Thursday, December 21st. They issued an equal weight rating and a $42.00 price target for the company. Finally, The Goldman Sachs Group assumed coverage on Rollins in a report on Tuesday, January 2nd. They issued a buy rating and a $49.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of Moderate Buy and an average price target of $46.83.

Rollins Stock Performance

Shares of NYSE ROL opened at $42.44 on Monday. 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 has a 12 month low of $32.19 and a 12 month high of $47.45. The stock has a 50 day moving average of $44.50 and a 200-day moving average of $41.82. The company has a market capitalization of $20.56 billion, a P/E ratio of 48.23, a P/E/G ratio of 3.42 and a beta of 0.63.

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

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Wednesday, February 21st were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 20th. This represents a $0.60 dividend on an annualized basis and a yield of 1.41%. Rollins’s dividend payout ratio is currently 68.18%.

Insider Buying and Selling

In related news, insider Traci Hornfeck sold 2,677 shares of the business’s stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $43.48, for a total transaction of $116,395.96. Following the sale, the insider now owns 14,376 shares in the company, valued at approximately $625,068.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Rollins news, insider Traci Hornfeck sold 2,677 shares of the company’s stock in a transaction dated Thursday, February 29th. The stock was sold at an average price of $43.48, for a total value of $116,395.96. Following the sale, 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 Securities & Exchange Commission, which is available at this link. Also, insider Thomas D. Tesh sold 5,147 shares of the company’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $46.00, for a total value of $236,762.00. Following the completion of the sale, 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 have sold 22,824 shares of company stock worth $994,558 in the last 90 days. Insiders own 4.69% of the company’s stock.

Institutional Investors Weigh In On Rollins

A number of institutional investors have recently made changes to their positions in ROL. Lindbrook Capital LLC boosted its position in shares of Rollins by 72.4% during the 4th quarter. Lindbrook Capital LLC now owns 619 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 260 shares in the last quarter. Eagle Bay Advisors LLC bought a new stake in shares of Rollins during the 2nd quarter valued at about $29,000. KB Financial Partners LLC bought a new stake in shares of Rollins during the 1st quarter valued at about $32,000. Spire Wealth Management boosted its position in shares of Rollins by 139.7% during the 4th quarter. Spire Wealth Management now owns 755 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 440 shares in the last quarter. Finally, Principal Securities Inc. bought a new stake in shares of Rollins during the 4th quarter valued at about $36,000. Institutional investors own 51.79% of the company’s stock.

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.