Rollins (NYSE:ROL) Given “Neutral” Rating at UBS Group

UBS Group reaffirmed their neutral rating on shares of Rollins (NYSE:ROL) in a research note released on Monday morning, Marketbeat Ratings reports. The brokerage currently has a $49.00 price objective on the business services provider’s stock.

Several other analysts also recently weighed in on ROL. Royal Bank of Canada reiterated an outperform rating and set a $52.00 price target on shares of Rollins in a research note on Thursday, February 15th. The Goldman Sachs Group assumed coverage on Rollins in a research note on Tuesday, January 2nd. They set a buy rating and a $49.00 price target on the stock. StockNews.com downgraded Rollins from a buy rating to a hold rating in a research note on Wednesday, January 10th. Finally, Morgan Stanley assumed coverage on Rollins in a research note on Thursday, December 21st. They set an equal weight rating and a $42.00 price target on the stock. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of Moderate Buy and an average target price of $46.83.

Rollins Price Performance

ROL opened at $43.28 on Monday. Rollins 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 business’s fifty day simple moving average is $44.57 and its 200-day simple moving average is $41.76. The company has a market capitalization of $20.97 billion, a price-to-earnings ratio of 49.18, a PEG ratio of 3.50 and a beta of 0.63.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, February 14th. The business services provider reported $0.21 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.21. The firm had revenue of $754.10 million during the quarter, compared to analysts’ expectations of $753.40 million. Rollins had a return on equity of 35.97% and a net margin of 14.15%. The firm’s quarterly revenue was up 14.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.17 EPS. On average, equities research analysts anticipate that Rollins will post 0.99 earnings per share for the current fiscal year.

Rollins Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Wednesday, February 21st were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.39%. The ex-dividend date of this dividend was Tuesday, February 20th. Rollins’s dividend payout ratio (DPR) is 68.18%.

Insider Activity at Rollins

In related news, insider Traci Hornfeck sold 2,677 shares of the company’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $43.48, for a total value of $116,395.96. Following the completion of the sale, the insider now owns 14,376 shares of the company’s stock, valued at $625,068.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Rollins news, insider Traci Hornfeck sold 2,677 shares of the company’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $43.48, for a total value of $116,395.96. Following the transaction, the insider now owns 14,376 shares of the company’s stock, valued at $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 stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $46.00, for a total transaction of $236,762.00. Following the transaction, the insider now directly owns 35,387 shares of the company’s stock, valued at approximately $1,627,802. The disclosure for this sale can be found here. Over the last quarter, insiders sold 22,824 shares of company stock valued at $994,558. 4.69% of the stock is owned by company insiders.

Institutional Trading of Rollins

Hedge funds have recently made changes to their positions in the business. Treasurer of the State of North Carolina lifted its position in shares of Rollins by 14.9% during the third quarter. Treasurer of the State of North Carolina now owns 118,662 shares of the business services provider’s stock worth $4,430,000 after purchasing an additional 15,393 shares in the last quarter. Caprock Group LLC purchased a new stake in shares of Rollins during the fourth quarter worth approximately $1,617,000. Asset Management One Co. Ltd. increased its stake in shares of Rollins by 17.7% during the fourth quarter. Asset Management One Co. Ltd. now owns 171,348 shares of the business services provider’s stock worth $7,498,000 after buying an additional 25,709 shares during the period. Crown Oak Advisors LLC purchased a new stake in shares of Rollins during the fourth quarter worth approximately $9,547,000. Finally, Briaud Financial Planning Inc purchased a new stake in shares of Rollins during the third quarter worth approximately $98,000. Institutional investors and hedge funds 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.