Illinois Municipal Retirement Fund Has $4.45 Million Stock Position in Rollins, Inc. (NYSE:ROL)

Illinois Municipal Retirement Fund boosted its position in Rollins, Inc. (NYSE:ROL) by 7.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 101,981 shares of the business services provider’s stock after acquiring an additional 7,407 shares during the period. Illinois Municipal Retirement Fund’s holdings in Rollins were worth $4,454,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. CWM LLC lifted its holdings in shares of Rollins by 63.7% in the third quarter. CWM LLC now owns 5,429 shares of the business services provider’s stock valued at $203,000 after purchasing an additional 2,112 shares in the last quarter. AE Wealth Management LLC increased its position in Rollins by 273.5% in the third quarter. AE Wealth Management LLC now owns 51,845 shares of the business services provider’s stock worth $1,935,000 after buying an additional 37,966 shares during the last quarter. IFP Advisors Inc increased its position in Rollins by 13.8% in the third quarter. IFP Advisors Inc now owns 6,037 shares of the business services provider’s stock worth $225,000 after buying an additional 731 shares during the last quarter. Hartford Investment Management Co. increased its position in Rollins by 17.6% in the third quarter. Hartford Investment Management Co. now owns 19,379 shares of the business services provider’s stock worth $723,000 after buying an additional 2,900 shares during the last quarter. Finally, State of Alaska Department of Revenue grew its position in shares of Rollins by 3.6% in the third quarter. State of Alaska Department of Revenue now owns 133,884 shares of the business services provider’s stock valued at $4,997,000 after purchasing an additional 4,665 shares in the last quarter. Institutional investors own 51.79% of the company’s stock.

Insider Transactions at Rollins

In other news, insider Elizabeth B. Chandler sold 10,000 shares of the stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total value of $410,500.00. Following the completion of the transaction, the insider now owns 99,709 shares of the company’s stock, valued at approximately $4,093,054.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, insider Elizabeth B. Chandler sold 10,000 shares of the stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total value of $410,500.00. Following the completion of the transaction, the insider now owns 99,709 shares of the company’s stock, valued at approximately $4,093,054.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Kenneth D. Krause sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $46.18, for a total value of $230,900.00. Following the transaction, the chief financial officer now directly owns 99,078 shares of the company’s stock, valued at approximately $4,575,422.04. The disclosure for this sale can be found here. In the last quarter, insiders sold 22,824 shares of company stock valued at $994,558. Corporate insiders own 4.69% of the company’s stock.

Rollins Price Performance

ROL opened at $42.87 on Thursday. The stock has a 50-day moving average price of $44.41 and a 200-day moving average price of $42.04. Rollins, Inc. has a 12-month low of $32.19 and a 12-month high of $47.45. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $20.77 billion, a P/E ratio of 48.72, a PEG ratio of 3.37 and a beta of 0.63.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.20 EPS for the quarter, meeting analysts’ consensus estimates of $0.20. Rollins had a return on equity of 35.97% and a net margin of 14.15%. The business had revenue of $748.35 million during the quarter, compared to analyst estimates of $739.12 million. During the same quarter in the prior year, the company posted $0.18 EPS. Rollins’s quarterly revenue was up 13.7% compared to the same quarter last year. Equities analysts predict that Rollins, Inc. will post 0.99 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Friday, May 10th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.40%. Rollins’s dividend payout ratio is currently 68.18%.

Wall Street Analyst Weigh In

ROL has been the subject of several recent research reports. UBS Group reiterated a “neutral” rating and issued a $49.00 price target on shares of Rollins in a research report on Monday, April 15th. Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research report on Thursday, February 15th. The Goldman Sachs Group began coverage on Rollins in a research note on Tuesday, January 2nd. They set a “buy” rating and a $49.00 price objective for the company. Finally, StockNews.com lowered Rollins from a “buy” rating to a “hold” rating in a research note on Thursday. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target 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.