Gallacher Capital Management LLC Makes New $243,000 Investment in Rollins, Inc. (NYSE:ROL)

Gallacher Capital Management LLC purchased a new stake in shares of Rollins, Inc. (NYSE:ROL) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 5,575 shares of the business services provider’s stock, valued at approximately $243,000.

A number of other large investors also recently bought and sold shares of the stock. Lindbrook Capital LLC grew its stake in Rollins by 72.4% in the 4th quarter. Lindbrook Capital LLC now owns 619 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 260 shares during the period. Avantax Advisory Services Inc. increased its stake in Rollins by 3.8% during the 3rd quarter. Avantax Advisory Services Inc. now owns 7,150 shares of the business services provider’s stock worth $267,000 after buying an additional 263 shares in the last quarter. Accretive Wealth Partners LLC raised its holdings in shares of Rollins by 2.2% during the fourth quarter. Accretive Wealth Partners LLC now owns 16,759 shares of the business services provider’s stock valued at $732,000 after acquiring an additional 355 shares during the last quarter. Ballentine Partners LLC raised its stake in Rollins by 5.9% in the 4th quarter. Ballentine Partners LLC now owns 7,126 shares of the business services provider’s stock valued at $311,000 after purchasing an additional 396 shares during the last quarter. Finally, Capital Advisors Ltd. LLC grew its stake in Rollins by 6.4% during the 4th quarter. Capital Advisors Ltd. LLC now owns 7,509 shares of the business services provider’s stock valued at $328,000 after acquiring an additional 451 shares in the last quarter. 51.79% of the stock is owned by institutional investors and hedge funds.

Rollins Price Performance

ROL opened at $47.10 on Tuesday. 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 firm has a market capitalization of $22.81 billion, a P/E ratio of 52.92, a PEG ratio of 3.53 and a beta of 0.65. The stock has a fifty day moving average of $44.96 and a 200-day moving average of $42.61. Rollins, Inc. has a 12-month low of $32.19 and a 12-month high of $47.45.

Rollins (NYSE:ROL) last released its earnings results on Wednesday, April 24th. The business services provider reported $0.20 EPS for the quarter, meeting the consensus estimate of $0.20. The firm had revenue of $748.35 million during the quarter, compared to analysts’ expectations of $739.12 million. Rollins had a net margin of 13.94% and a return on equity of 37.73%. The business’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.18 EPS. Equities analysts forecast that Rollins, Inc. will post 1 EPS for the current fiscal year.

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Friday, May 10th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.27%. The ex-dividend date is Thursday, May 9th. Rollins’s payout ratio is 67.42%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ROL. Morgan Stanley increased their price target on Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a report on Friday, April 26th. StockNews.com cut shares of Rollins from a “buy” rating to a “hold” rating in a research report on Thursday, April 25th. UBS Group reiterated a “neutral” rating and issued a $49.00 price objective on shares of Rollins in a research report on Monday, April 15th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $52.00 target price on shares of Rollins in a report on Thursday, February 15th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Rollins presently has an average rating of “Moderate Buy” and an average target price of $47.00.

Insider Buying and Selling at Rollins

In related news, CFO Kenneth D. Krause sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total value of $230,900.00. Following the transaction, the chief financial officer now owns 99,078 shares in the company, valued at $4,575,422.04. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, CFO Kenneth D. Krause sold 5,000 shares of the business’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total transaction of $230,900.00. Following the completion of the transaction, the chief financial officer now directly owns 99,078 shares in the company, valued at approximately $4,575,422.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Elizabeth B. Chandler sold 10,000 shares of Rollins stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total transaction of $410,500.00. Following the transaction, the insider now directly owns 99,709 shares in the company, valued at approximately $4,093,054.45. The disclosure for this sale can be found here. In the last quarter, insiders sold 27,824 shares of company stock worth $1,219,558. 4.69% of the stock is currently owned by insiders.

Rollins 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.