Rollins, Inc. (NYSE:ROL) Shares Sold by Achmea Investment Management B.V.

Achmea Investment Management B.V. trimmed its position in shares of Rollins, Inc. (NYSE:ROL) by 23.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,923 shares of the business services provider’s stock after selling 8,761 shares during the period. Achmea Investment Management B.V.’s holdings in Rollins were worth $1,294,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. GSA Capital Partners LLP bought a new position in Rollins during the 3rd quarter valued at $393,000. Ashton Thomas Private Wealth LLC bought a new position in Rollins during the 3rd quarter valued at $204,000. KBC Group NV boosted its stake in Rollins by 3.7% during the 3rd quarter. KBC Group NV now owns 147,092 shares of the business services provider’s stock valued at $7,439,000 after acquiring an additional 5,236 shares during the last quarter. Metis Global Partners LLC boosted its stake in Rollins by 7.0% during the 3rd quarter. Metis Global Partners LLC now owns 18,066 shares of the business services provider’s stock valued at $914,000 after acquiring an additional 1,179 shares during the last quarter. Finally, CIBC Asset Management Inc boosted its stake in Rollins by 7.7% during the 3rd quarter. CIBC Asset Management Inc now owns 46,939 shares of the business services provider’s stock valued at $2,374,000 after acquiring an additional 3,366 shares during the last quarter. 51.79% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Rollins

In other news, insider Elizabeth B. Chandler sold 13,193 shares of Rollins stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $51.18, for a total value of $675,217.74. Following the transaction, the insider now owns 76,526 shares of the company’s stock, valued at $3,916,600.68. The trade was a 14.70 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Traci Hornfeck sold 3,224 shares of Rollins stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total transaction of $171,194.40. Following the completion of the transaction, the insider now directly owns 9,602 shares in the company, valued at $509,866.20. This represents a 25.14 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 18,338 shares of company stock valued at $945,882 in the last quarter. Insiders own 4.69% of the company’s stock.

Wall Street Analyst Weigh In

ROL has been the topic of a number of recent research reports. StockNews.com downgraded shares of Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday. UBS Group raised their price target 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. Royal Bank of Canada restated an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research report on Monday, January 6th. Wells Fargo & Company raised their price target on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. Finally, Morgan Stanley raised their price target on shares of Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $52.00.

Rollins Stock Up 1.4 %

Rollins stock opened at $51.44 on Friday. The stock has a market cap of $24.91 billion, a price-to-earnings ratio of 53.59 and a beta of 0.78. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30. The company’s 50-day moving average price is $49.75 and its two-hundred day moving average price is $49.42. Rollins, Inc. has a 52 week low of $41.72 and a 52 week high of $53.72.

Rollins (NYSE:ROL) last released its earnings results on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, meeting the consensus estimate of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. On average, analysts expect that Rollins, Inc. will post 1.09 EPS for the current fiscal year.

Rollins Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th were paid a dividend of $0.165 per share. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $0.66 annualized dividend and a yield of 1.28%. Rollins’s payout ratio is 68.75%.

About Rollins

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.