Blue Trust Inc. buy 855 shares of Rollins, Inc. (NYSE:ROL)

Blue Trust Inc. raised its position in Rollins, Inc. (NYSE:ROL – Free Report) by 114.2% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,604 shares of the business services provider’s stock after acquiring an additional 855 shares during the period. Holdings of Blue Trust Inc. in Rollins were worth $74,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their lei positions. Vanguard Group Inc. grew its position in Rollins by 0.6% in the first quarter. Vanguard Group Inc. now owns 32,438,440 shares of the business services provider’s stock valued at $1,500,927,000 after purchasing an additional 206,873 shares during the last quarter. Norges Bank bought a new position in Rollins during the fourth quarter valued at approximately $256,862,000. TD Asset Management Inc increased its position in Rollins by 14.5% in the first quarter. TD Asset Management Inc now owns 2,826,135 shares of the business services provider’s stock valued at $130,765,000 after purchasing an additional 357,535 shares in the last quarter. Blair William & Co. IL raised its position in Rollins by 1.4% in the first quarter. Blair William & Co. IL now owns 2,043,014 shares of the business services provider’s stock valued at $94,530,000 after purchasing an additional 27,806 shares in the last quarter. Finally, Wells Fargo & Company MN raised its position in Rollins by 6.6% during the 4th quarter. Wells Fargo & Company MN now owns 2,019,876 shares of the business services provider’s stock valued at 88,208. $000 after buying an additional 125,812 shares in the last quarter. Institutional investors own 51.79% of the company’s shares.

Rollins stock has 1.1%

Rollins stock opened at $50.05 on Thursday. The firm has a market cap of $24.24 billion, a price-to-earnings ratio of 56.24, a PEG ratio of 3.78 and a beta of 0.70. The stock has a fifty day simple moving average of $48.88 and a two hundred day simple moving average of $46.40. Rollins, Inc. has a 12-month low of $32.19 and a 12-month high of $50.87. The company has a current ratio of 0.78, a quick ratio of 0.72, and a debt-to-equity ratio of 0.41.

Rollins (NYSE:ROL – Get Free Report ) last released its quarterly earnings results on Wednesday, July 24th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.27. The firm had revenue of $891.90 million for the quarter, compared to the consensus estimate of $895.02 million. Rollins had a return on equity of 40.10% and a net margin of 14.23%. The company’s revenue for the quarter was up 8.7% year over year. During the same period last year, the business posted EPS of $0.23. Equities analysts predict that Rollins, Inc. will show 1 EPS for the current fiscal year.

Rollins announces dividends

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 10th. Stockholders of record on Monday, August 12th will be given a $0.15 dividend. The ex-dividend date of this dividend is Monday, August 12. This represents a dividend of $0.60 on an annualized basis and a dividend yield of 1.20%. Rollins’s dividend payout ratio (DPR) is currently 67.42%.

Analysts on Wall Street are forecasting an increase

ROL has been the subject of several analyst reports. Morgan Stanley boosted their price objective on Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a research report on Friday, April 26th. StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, July 10th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 price objective on shares of Rollins in a research report on Thursday, July 25th. Finally, Wells Fargo & Company assumed coverage on Rollins in a report on Monday, August 12th. They issued an “overweight” rating and a $54.00 price target for the company. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.83, according to MarketBeat.

Read the latest report on ROL

Insider trading at Rollins

In related news, insider Elizabeth B. Chandler sold 4,686 shares of Rollins stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $47.82, for a total transaction of $224,084.52. Following the transaction, the insider now directly owns 95,023 shares in the company, valued at $4,543,999.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available on the SEC’s website. In related news, CFO Kenneth D. Krause sold 3,331 shares of Rollins stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $47.50, for a total transaction of $158,222.50. Following the transaction, the chief financial officer now directly owns 90,747 shares in the company, valued at $4,310,482.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available on the SEC’s website. Also, insider Elizabeth B. Chandler sold 4,686 shares of Rollins stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $47.82, for a total value of $224,084.52. Following the transaction, the insider now owns 95,023 shares in the company, valued at $4,543,999.86. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold a total of 20,017 shares of company stock worth $948,707. Insiders own 4.69% of the company’s shares.

About Rollins

(Free Report)

Rollins, Inc, through its subsidiaries, provides pest and wildlife control services to residential and commercial customers throughout the United States and internationally. The company offers residential property pest control services that protect against common pests, including rodents, insects and wildlife.

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