Jefferies Financial Group Inc. Buys 159,997 Shares of Rollins, Inc. $ROL

Jefferies Financial Group Inc. increased its stake in shares of Rollins, Inc. (NYSE:ROL) by 200.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 239,941 shares of the business services provider’s stock after acquiring an additional 159,997 shares during the period. Jefferies Financial Group Inc.’s holdings in Rollins were worth $14,401,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of ROL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Rollins by 5.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,812 shares of the business services provider’s stock worth $1,663,000 after buying an additional 1,620 shares during the last quarter. Empowered Funds LLC increased its position in Rollins by 16.7% during the first quarter. Empowered Funds LLC now owns 6,427 shares of the business services provider’s stock worth $347,000 after buying an additional 918 shares during the last quarter. Woodline Partners LP increased its position in Rollins by 40.7% during the first quarter. Woodline Partners LP now owns 23,728 shares of the business services provider’s stock worth $1,282,000 after buying an additional 6,859 shares during the last quarter. Geneos Wealth Management Inc. increased its position in Rollins by 75.8% during the first quarter. Geneos Wealth Management Inc. now owns 870 shares of the business services provider’s stock worth $47,000 after buying an additional 375 shares during the last quarter. Finally, First Trust Advisors LP increased its position in Rollins by 185.0% during the second quarter. First Trust Advisors LP now owns 368,718 shares of the business services provider’s stock worth $20,803,000 after buying an additional 239,361 shares during the last quarter. Institutional investors own 51.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on ROL shares. Canaccord Genuity Group set a $51.00 price target on Rollins and gave the stock a “hold” rating in a research report on Friday, April 24th. Weiss Ratings downgraded Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday. Loop Capital started coverage on Rollins in a research report on Monday, April 13th. They set a “hold” rating and a $56.00 price target on the stock. Wells Fargo & Company lowered their price target on Rollins from $58.00 to $55.00 and set an “equal weight” rating on the stock in a research report on Friday, May 15th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $67.00 target price on shares of Rollins in a research report on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $65.20.

Rollins Stock Up 0.0%

NYSE ROL opened at $53.48 on Monday. The business has a fifty day moving average price of $54.27 and a two-hundred day moving average price of $58.35. The stock has a market capitalization of $25.75 billion, a PE ratio of 49.07, a PEG ratio of 3.29 and a beta of 0.79. Rollins, Inc. has a fifty-two week low of $51.95 and a fifty-two week high of $66.14. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.65 and a quick ratio of 0.59.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.24. Rollins had a return on equity of 38.37% and a net margin of 13.77%.The firm had revenue of $906.42 million for the quarter, compared to the consensus estimate of $895.17 million. During the same quarter last year, the business posted $0.22 EPS. The company’s revenue was up 10.2% compared to the same quarter last year. Equities analysts expect that Rollins, Inc. will post 1.24 earnings per share for the current fiscal year.

Rollins Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 11th will be given a $0.1825 dividend. The ex-dividend date of this dividend is Monday, May 11th. This represents a $0.73 annualized dividend and a dividend yield of 1.4%. Rollins’s dividend payout ratio (DPR) is 66.97%.

Insider Buying and Selling at Rollins

In related news, insider Elizabeth B. Chandler sold 14,201 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $59.36, for a total value of $842,971.36. Following the completion of the sale, the insider directly owned 55,977 shares of the company’s stock, valued at $3,322,794.72. The trade was a 20.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 5.77% of the company’s stock.

Rollins 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.