Tokio Marine Asset Management Co. Ltd. Boosts Stock Position in Rollins, Inc. (NYSE:ROL)

Tokio Marine Asset Management Co. Ltd. lifted its position in shares of Rollins, Inc. (NYSE:ROL) by 1.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 219,698 shares of the business services provider’s stock after purchasing an additional 3,000 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Rollins were worth $9,594,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Capital Advisors Ltd. LLC lifted its holdings in Rollins by 6.4% in the fourth quarter. Capital Advisors Ltd. LLC now owns 7,509 shares of the business services provider’s stock worth $328,000 after buying an additional 451 shares during the period. GAMMA Investing LLC purchased a new stake in Rollins in the fourth quarter worth about $149,000. Linden Thomas Advisory Services LLC lifted its holdings in shares of Rollins by 6.1% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 57,570 shares of the business services provider’s stock valued at $2,514,000 after purchasing an additional 3,328 shares during the last quarter. Marks Group Wealth Management Inc lifted its holdings in shares of Rollins by 3.6% during the fourth quarter. Marks Group Wealth Management Inc now owns 25,081 shares of the business services provider’s stock valued at $1,095,000 after purchasing an additional 875 shares during the last quarter. Finally, Illinois Municipal Retirement Fund lifted its holdings in shares of Rollins by 7.8% during the fourth quarter. Illinois Municipal Retirement Fund now owns 101,981 shares of the business services provider’s stock valued at $4,454,000 after purchasing an additional 7,407 shares during the last quarter. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Rollins Stock Performance

NYSE:ROL traded up $0.22 during trading hours on Wednesday, reaching $42.87. The company had a trading volume of 4,031,701 shares, compared to its average volume of 1,955,611. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.42. Rollins, Inc. has a 52 week low of $32.19 and a 52 week high of $47.45. The firm has a market cap of $20.77 billion, a price-to-earnings ratio of 48.72, a PEG ratio of 3.35 and a beta of 0.63. The firm’s 50 day moving average price is $44.41 and its 200-day moving average price is $42.04.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, April 24th. The business services provider reported $0.20 EPS for the quarter, hitting analysts’ consensus estimates of $0.20. Rollins had a net margin of 14.15% and a return on equity of 35.97%. The business had revenue of $748.35 million during the quarter, compared to the consensus estimate of $739.12 million. During the same quarter in the previous year, the firm posted $0.18 EPS. The firm’s revenue was up 13.7% on a year-over-year basis. On average, analysts forecast that Rollins, Inc. will post 0.99 EPS for the current year.

Rollins Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Friday, May 10th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.40%. Rollins’s dividend payout ratio (DPR) is presently 68.18%.

Insiders Place Their Bets

In other news, CFO Kenneth D. Krause sold 5,000 shares of Rollins stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $46.18, for a total transaction of $230,900.00. Following the transaction, the chief financial officer now owns 99,078 shares in the company, valued at approximately $4,575,422.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, insider Thomas D. Tesh sold 5,147 shares of Rollins stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $46.00, for a total transaction of $236,762.00. Following the transaction, the insider now owns 35,387 shares in the company, valued at approximately $1,627,802. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Kenneth D. Krause sold 5,000 shares of Rollins stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total transaction of $230,900.00. Following the transaction, the chief financial officer now owns 99,078 shares in the company, valued at approximately $4,575,422.04. The disclosure for this sale can be found here. In the last quarter, insiders sold 22,824 shares of company stock valued at $994,558. Company insiders own 4.69% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on ROL. The Goldman Sachs Group began coverage on shares of Rollins in a report on Tuesday, January 2nd. They set a “buy” rating and a $49.00 target price for the company. StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, April 17th. UBS Group reiterated a “neutral” rating and set a $49.00 target price on shares of Rollins in a report on Monday, April 15th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $52.00 price target on shares of Rollins in a research report on Thursday, February 15th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Rollins has an average rating of “Moderate Buy” and a consensus price target of $46.83.

Rollins Profile

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.