Jefferies Financial Group Inc. Boosts Holdings in Rollins, Inc. $ROL

Jefferies Financial Group Inc. lifted its holdings in Rollins, Inc. (NYSE:ROL) by 607.7% in the third quarter, HoldingsChannel reports. The fund owned 79,944 shares of the business services provider’s stock after buying an additional 68,647 shares during the period. Jefferies Financial Group Inc.’s holdings in Rollins were worth $4,696,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Root Financial Partners LLC purchased a new position in Rollins in the 3rd quarter worth $31,000. TD Waterhouse Canada Inc. lifted its stake in Rollins by 58.4% in the second quarter. TD Waterhouse Canada Inc. now owns 730 shares of the business services provider’s stock worth $41,000 after purchasing an additional 269 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new stake in Rollins during the second quarter valued at about $42,000. TruNorth Capital Management LLC purchased a new stake in Rollins during the third quarter valued at about $45,000. Finally, First Horizon Corp bought a new position in shares of Rollins during the third quarter valued at about $47,000. Institutional investors own 51.79% of the company’s stock.

Rollins Price Performance

ROL stock opened at $57.60 on Tuesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.60 and a quick ratio of 0.55. Rollins, Inc. has a 1 year low of $49.73 and a 1 year high of $66.14. The firm has a 50-day moving average of $61.29 and a 200 day moving average of $59.25. The company has a market cap of $27.71 billion, a P/E ratio of 52.84, a PEG ratio of 3.59 and a beta of 0.80.

Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, February 11th. The business services provider reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.02). Rollins had a net margin of 14.00% and a return on equity of 38.16%. The firm had revenue of $912.91 million for the quarter, compared to the consensus estimate of $925.08 million. During the same period in the previous year, the firm posted $0.22 earnings per share. The business’s revenue was up 9.7% compared to the same quarter last year. On average, sell-side analysts forecast that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th will be given a dividend of $0.1825 per share. The ex-dividend date is Wednesday, February 25th. This represents a $0.73 annualized dividend and a dividend yield of 1.3%. Rollins’s payout ratio is currently 66.97%.

Analyst Ratings Changes

ROL has been the topic of several analyst reports. UBS Group set a $65.00 price objective on Rollins in a report on Wednesday, January 21st. Royal Bank Of Canada set a $67.00 target price on Rollins and gave the company an “outperform” rating in a report on Thursday, February 12th. Sanford C. Bernstein reissued an “outperform” rating on shares of Rollins in a research note on Tuesday, December 2nd. Wells Fargo & Company set a $56.00 price target on Rollins and gave the stock an “equal weight” rating in a research note on Thursday, February 12th. Finally, Canaccord Genuity Group set a $52.00 price target on shares of Rollins and gave the company a “hold” rating in a report on Friday, February 13th. Eleven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Rollins currently has an average rating of “Moderate Buy” and an average target price of $66.08.

Insider Activity at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 14,201 shares of the firm’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $59.36, for a total transaction 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 trade represents a 20.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Jerry Jr. Gahlhoff sold 1,307 shares of the firm’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $62.83, for a total value of $82,118.81. Following the transaction, the chief executive officer directly owned 327,079 shares of the company’s stock, valued at $20,550,373.57. This represents a 0.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 73,351 shares of company stock valued at $4,554,785 over the last ninety days. Insiders own 4.47% of the company’s stock.

Rollins Company Profile

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.