Rollins Target of Unusually High Options Trading (NYSE:ROL)

Rollins, Inc. (NYSE:ROL) was the recipient of some unusual options trading on Monday. Investors bought 2,830 call options on the company. This is an increase of approximately 303% compared to the average daily volume of 703 call options.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ROL. The Goldman Sachs Group reiterated a “buy” rating and set a $67.00 price objective on shares of Rollins in a report on Thursday, April 23rd. Canaccord Genuity Group set a $51.00 price target on shares of Rollins and gave the company 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 note on Thursday, May 21st. UBS Group boosted their price objective on Rollins from $58.00 to $61.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Finally, Wells Fargo & Company lowered their price objective on Rollins from $58.00 to $55.00 and set an “equal weight” rating for the company in a research note on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Rollins presently has a consensus rating of “Moderate Buy” and a consensus price target of $64.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. DV Equities LLC bought a new stake in shares of Rollins in the fourth quarter valued at $25,000. Cornerstone Planning Group LLC grew its stake in shares of Rollins by 528.4% during 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 during the period. Board of the Pension Protection Fund bought a new position in shares of Rollins during the 4th quarter worth $30,000. Torren Management LLC purchased a new stake in Rollins in the 4th quarter worth about $36,000. Finally, Fideuram Asset Management Ireland dac bought a new stake in Rollins in the 4th quarter valued at about $43,000. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Rollins Stock Down 0.5%

Rollins stock traded down $0.24 during midday trading on Monday, hitting $46.86. 305,870 shares of the stock were exchanged, compared to its average volume of 3,207,719. Rollins has a 52-week low of $44.43 and a 52-week high of $66.14. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 0.35. The business’s 50-day moving average price is $53.11 and its 200-day moving average price is $57.64. The stock has a market capitalization of $22.56 billion, a price-to-earnings ratio of 42.93, a price-to-earnings-growth ratio of 2.90 and a beta of 0.73.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $0.24 EPS 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 company had revenue of $906.42 million during the quarter, compared to the consensus estimate of $895.17 million. During the same period last year, the business posted $0.22 earnings per share. Rollins’s revenue was up 10.2% on a year-over-year basis. On average, research analysts expect that Rollins will post 1.24 EPS for the current fiscal year.

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Monday, May 11th will be issued a dividend of $0.1825 per share. This represents a $0.73 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Monday, May 11th. Rollins’s dividend payout ratio (DPR) is 66.97%.

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.