Rollins, Inc. (NYSE:ROL) Stock Position Raised by HighTower Advisors LLC

HighTower Advisors LLC increased its stake in shares of Rollins, Inc. (NYSE:ROL - Free Report) by 19.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,137 shares of the business services provider's stock after buying an additional 5,330 shares during the quarter. HighTower Advisors LLC's holdings in Rollins were worth $1,490,000 at the end of the most recent quarter.

• Waste Management: Is it a good use of your time?

Other hedge funds have also recently bought and sold shares of the company. Brooklyn Investment Group bought a new position in shares of Rollins in the third quarter worth $28,000. Centricity Wealth Management LLC acquired a new stake in shares of Rollins in the fourth quarter valued at $31,000. True Wealth Design LLC boosted its stake in Rollins by 4,272.2% during the third quarter. True Wealth Design LLC now owns 787 shares of the business services provider's stock valued at $40,000 after buying an additional 769 shares in the last quarter. Versant Capital Management Inc grew its holdings in Rollins by 57.8% during the fourth quarter. Versant Capital Management Inc now owns 890 shares of the business services provider's stock worth $41,000 after acquiring an additional 326 shares during the period. Finally, SRS Capital Advisors Inc. raised its position in Rollins by 25.7% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider's stock worth $66,000 after acquiring an additional 292 shares in the last quarter. 51.79% of the stock is currently owned by institutional investors.

Rollins Trading Up 1.4 %

Rollins stock opened at $52.37 on Tuesday. The stock has a market cap of $25.40 billion, a P/E ratio of 54.55 and a beta of 0.78. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30. Rollins, Inc. has a 12 month low of $41.72 and a 12 month high of $53.72. The company's fifty day simple moving average is $50.45 and its 200-day simple moving average is $49.48.

• Rollins Pest Control Needs to be in Your Watchlist

Rollins (NYSE:ROL - Get Free Report) last posted its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, meeting the consensus estimate of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. As a group, sell-side analysts forecast that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 25th were issued a $0.165 dividend. The ex-dividend date was Tuesday, February 25th. This represents a $0.66 annualized dividend and a yield of 1.26%. Rollins's dividend payout ratio (DPR) is presently 68.75%.

Insiders Place Their Bets

In related news, insider Thomas D. Tesh sold 1,921 shares of the company's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $51.78, for a total value of $99,469.38. Following the completion of the transaction, the insider now directly owns 41,173 shares in the company, valued at approximately $2,131,937.94. This represents a 4.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Traci Hornfeck sold 3,224 shares of the firm's stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total transaction of $171,194.40. Following the transaction, the insider now owns 9,602 shares of the company's stock, valued at approximately $509,866.20. This represents a 25.14 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 18,338 shares of company stock valued at $945,882 in the last quarter. Insiders own 4.69% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Morgan Stanley raised their price objective on shares of Rollins from $48.00 to $50.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. StockNews.com downgraded Rollins from a "buy" rating to a "hold" rating in a report on Wednesday, March 12th. Canaccord Genuity Group lifted their price target on Rollins from $48.00 to $49.00 and gave the stock a "hold" rating in a research note on Friday, February 14th. Wells Fargo & Company upped their price objective on shares of Rollins from $56.00 to $58.00 and gave the company an "overweight" rating in a research note on Monday, December 16th. Finally, UBS Group lifted their target price on shares of Rollins from $52.00 to $53.00 and gave the stock a "neutral" rating in a research report on Friday, January 17th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $52.00.

Check Out Our Latest Report on ROL

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.

Featured Articles

• Five stocks we like better than Rollins
• Investing in the High PE Growth Stocks
• Super Micro Stock: $7.2M Call Options Signal Big Upside Potential
• Stock Analyst Ratings and Canadian Analyst Ratings
• Top 3 Buy-and-Hold Stocks for 2025: Long-Term Winners to Watch
• How to Invest in Insurance Companies: A Guide
• D-Wave Stock: Is Quantum Blockchain the Next Big Catalyst?

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Rollins Right Now?

Before you consider Rollins, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rollins wasn't on the list.

While Rollins currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here