Advisor OS LLC decreased its stake in Rollins, Inc. (NYSE:ROL – Free Report) by 42.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 9,062 shares of the business services provider’s stock after selling 6,691 shares during the period. Advisor OS LLC’s holdings in Rollins were worth $420,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in ROL. Brooklyn Investment Group bought a new position in Rollins during the third quarter worth $28,000. Centricity Wealth Management LLC bought a new position in shares of Rollins in the 4th quarter worth about $31,000. True Wealth Design LLC lifted its stake in shares of Rollins by 4,272.2% in the 3rd quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 769 shares during the period. Versant Capital Management Inc lifted its stake in shares of Rollins by 57.8% in the 4th quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock valued at $41,000 after purchasing an additional 326 shares during the period. Finally, Capital Performance Advisors LLP bought a new stake in shares of Rollins during the 3rd quarter valued at about $52,000. 51.79% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
ROL has been the subject of a number of research analyst reports. UBS Group lifted their target price on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a report on Friday, January 17th. Barclays initiated coverage on Rollins in a report on Monday, November 4th. They set an “equal weight” rating and a $50.00 price target on the stock. StockNews.com upgraded Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, February 19th. Morgan Stanley increased their price target on Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $52.00 price target on shares of Rollins in a report on Monday, January 6th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $52.00.
Rollins Stock Up 0.2 %
ROL stock opened at $51.39 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69. The company has a market capitalization of $24.88 billion, a price-to-earnings ratio of 53.53 and a beta of 0.76. Rollins, Inc. has a fifty-two week low of $41.72 and a fifty-two week high of $52.83. The stock has a fifty day moving average of $48.57 and a 200-day moving average of $49.21.
Rollins (NYSE:ROL – Get Free Report) last issued its earnings results on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, hitting the consensus estimate of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. As a group, equities research analysts predict that Rollins, Inc. will post 1.09 earnings per share for the current year.
Rollins Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th will be issued a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $0.66 annualized dividend and a dividend yield of 1.28%. Rollins’s payout ratio is currently 68.75%.
Insider Buying and Selling at Rollins
In related news, insider Elizabeth B. Chandler sold 13,193 shares of the firm’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $51.18, for a total transaction of $675,217.74. Following the transaction, the insider now directly owns 76,526 shares of the company’s stock, valued at approximately $3,916,600.68. This trade represents a 14.70 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 4.69% of the company’s stock.
Rollins Company 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.
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