Rollins, Inc. (NYSE:ROL - Get Free Report) insider Elizabeth Chandler sold 14,201 shares of Rollins stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $59.36, for a total value of $842,971.36. Following the completion of the transaction, the insider owned 55,977 shares of the company's stock, valued at approximately $3,322,794.72. This represents a 20.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Rollins Price Performance
Rollins stock opened at $59.74 on Friday. The stock has a market capitalization of $28.74 billion, a P/E ratio of 54.81, a P/E/G ratio of 3.65 and a beta of 0.78. The company's fifty day moving average price is $61.51 and its 200 day moving average price is $59.17. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.55 and a current ratio of 0.60. Rollins, Inc. has a 1 year low of $49.73 and a 1 year high of $66.14.
Rollins (NYSE:ROL - Get Free Report) last issued its quarterly earnings results on Wednesday, February 11th. The business services provider reported $0.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.27 by ($0.02). Rollins had a return on equity of 38.16% and a net margin of 14.00%.The firm had revenue of $912.91 million during the quarter, compared to analyst estimates of $925.08 million. During the same period in the prior year, the firm earned $0.22 earnings per share. The business's revenue was up 9.7% on a year-over-year basis. As a group, equities research analysts anticipate that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.
Rollins Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th will be given a $0.1825 dividend. This represents a $0.73 annualized dividend and a yield of 1.2%. The ex-dividend date is Wednesday, February 25th. Rollins's dividend payout ratio is presently 66.97%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. DV Equities LLC purchased a new position in shares of Rollins during the 4th quarter worth approximately $25,000. Cornerstone Planning Group LLC grew its position in shares of Rollins by 528.4% in the 4th quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider's stock worth $26,000 after acquiring an additional 354 shares in the last quarter. Board of the Pension Protection Fund acquired a new position in shares of Rollins during the fourth quarter valued at $30,000. Root Financial Partners LLC acquired a new stake in shares of Rollins in the 3rd quarter worth approximately $31,000. Finally, Torren Management LLC bought a new stake in shares of Rollins in the 4th quarter worth approximately $36,000. Institutional investors and hedge funds own 51.79% of the company's stock.
Wall Street Analyst Weigh In
Several research firms have recently commented on ROL. Canaccord Genuity Group set a $52.00 price target on Rollins and gave the stock a "hold" rating in a research report on Friday, February 13th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Rollins in a research report on Monday, December 29th. Sanford C. Bernstein reissued an "outperform" rating on shares of Rollins in a research report on Tuesday, December 2nd. Royal Bank Of Canada set a $67.00 target price on shares of Rollins and gave the stock an "outperform" rating in a research note on Thursday, February 12th. Finally, Jefferies Financial Group set a $66.00 price target on shares of Rollins and gave the company a "buy" rating in a research report on Monday, November 3rd. Eleven research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $66.08.
Get Our Latest Analysis on Rollins
About Rollins
(
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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.
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