Rollins, Inc. (NYSE:ROL) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Rollins, Inc. (NYSE:ROL) have received an average recommendation of “Moderate Buy” from the fourteen brokerages that are currently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $67.6667.

ROL has been the subject of several analyst reports. Wells Fargo & Company upped their price objective on Rollins from $65.00 to $68.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. Barclays raised Rollins from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $60.00 to $72.00 in a report on Friday, December 5th. Canaccord Genuity Group set a $55.00 price objective on shares of Rollins and gave the stock a “hold” rating in a report on Friday, October 31st. UBS Group set a $65.00 target price on shares of Rollins in a report on Wednesday, January 21st. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $70.00 target price on shares of Rollins in a research report on Tuesday, December 23rd.

Insiders Place Their Bets

In related news, insider Elizabeth B. Chandler sold 1,329 shares of the company’s stock in a transaction dated Wednesday, January 28th. The stock was sold at an average price of $62.83, for a total value of $83,501.07. Following the completion of the sale, the insider directly owned 58,832 shares of the company’s stock, valued at $3,696,414.56. This represents a 2.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Gary W. Rollins sold 10,355 shares of Rollins stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $62.83, for a total value of $650,604.65. Following the transaction, the chairman directly owned 5,312,114 shares in the company, valued at approximately $333,760,122.62. This trade represents a 0.19% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 61,545 shares of company stock worth $3,850,173. Corporate insiders own 4.47% of the company’s stock.

Institutional Trading of Rollins

Large investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in Rollins by 4.3% in the fourth quarter. Vanguard Group Inc. now owns 38,282,523 shares of the business services provider’s stock valued at $2,297,717,000 after purchasing an additional 1,562,241 shares during the period. State Street Corp grew its holdings in shares of Rollins by 1.4% during the third quarter. State Street Corp now owns 12,274,415 shares of the business services provider’s stock worth $720,999,000 after buying an additional 172,303 shares during the last quarter. Geode Capital Management LLC increased its position in Rollins by 4.8% in the 2nd quarter. Geode Capital Management LLC now owns 9,379,509 shares of the business services provider’s stock valued at $527,446,000 after acquiring an additional 432,067 shares during the period. Invesco Ltd. raised its stake in Rollins by 41.2% during the 2nd quarter. Invesco Ltd. now owns 5,657,997 shares of the business services provider’s stock valued at $319,224,000 after acquiring an additional 1,649,676 shares during the last quarter. Finally, Norges Bank purchased a new stake in Rollins during the 2nd quarter valued at approximately $218,593,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Stock Performance

Shares of ROL stock opened at $64.42 on Friday. The company has a market cap of $31.22 billion, a P/E ratio of 60.21 and a beta of 0.78. The firm has a fifty day moving average price of $61.21 and a 200 day moving average price of $58.79. The company has a current ratio of 0.77, a quick ratio of 0.71 and a debt-to-equity ratio of 0.32. Rollins has a 12 month low of $49.16 and a 12 month high of $64.78.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th will be given a dividend of $0.1825 per share. The ex-dividend date is Wednesday, February 25th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.1%. Rollins’s payout ratio is 68.22%.

About Rollins

Rollins, Inc (NYSE: ROL) is a provider of pest and termite control services operating through a network of subsidiaries and franchises. Headquartered in Atlanta, Georgia, the company offers a broad range of pest management solutions for both residential and commercial customers, positioning itself as a specialist in protecting property and public health from pests and vectors.

Its service offerings include general pest control, termite inspection and treatment, bed bug remediation, mosquito and vector control, wildlife exclusion, and related specialty services.