Toronto Dominion Bank Raises Stock Holdings in Rollins, Inc. (NYSE:ROL)

Toronto Dominion Bank boosted its stake in Rollins, Inc. (NYSE:ROL - Free Report) by 7.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 151,593 shares of the business services provider's stock after purchasing an additional 9,930 shares during the quarter. Toronto Dominion Bank's holdings in Rollins were worth $7,026,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently modified their holdings of ROL. Barclays PLC boosted its position in shares of Rollins by 34.8% during the 3rd quarter. Barclays PLC now owns 721,467 shares of the business services provider's stock valued at $36,491,000 after acquiring an additional 186,452 shares during the last quarter. Park Avenue Securities LLC boosted its position in shares of Rollins by 25.6% during the 4th quarter. Park Avenue Securities LLC now owns 19,410 shares of the business services provider's stock valued at $900,000 after acquiring an additional 3,956 shares during the last quarter. Merit Financial Group LLC bought a new stake in shares of Rollins during the 4th quarter valued at about $225,000. Koshinski Asset Management Inc. boosted its position in shares of Rollins by 12.5% during the 4th quarter. Koshinski Asset Management Inc. now owns 13,748 shares of the business services provider's stock valued at $637,000 after acquiring an additional 1,524 shares during the last quarter. Finally, Ballentine Partners LLC boosted its position in shares of Rollins by 8.4% during the 4th quarter. Ballentine Partners LLC now owns 7,729 shares of the business services provider's stock valued at $358,000 after acquiring an additional 598 shares during the last quarter. Institutional investors own 51.79% of the company's stock.

Rollins Trading Up 0.4%

Rollins stock traded up $0.25 during trading hours on Tuesday, reaching $57.12. The company had a trading volume of 162,285 shares, compared to its average volume of 1,737,743. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62. The company has a 50-day moving average price of $54.97 and a 200 day moving average price of $51.36. The firm has a market cap of $27.68 billion, a price-to-earnings ratio of 59.46 and a beta of 0.79. Rollins, Inc. has a 12-month low of $45.00 and a 12-month high of $57.63.

Rollins (NYSE:ROL - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The business services provider reported $0.22 EPS for the quarter, hitting analysts' consensus estimates of $0.22. The business had revenue of $822.50 million for the quarter, compared to analysts' expectations of $817.09 million. Rollins had a return on equity of 37.94% and a net margin of 13.76%. The business's quarterly revenue was up 9.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.20 EPS. Equities analysts forecast that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Monday, May 12th will be paid a $0.165 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.66 dividend on an annualized basis and a yield of 1.16%. Rollins's dividend payout ratio (DPR) is currently 66.67%.

Insider Activity

In other news, insider Traci Hornfeck sold 3,224 shares of the business's stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total transaction of $171,194.40. Following the transaction, the insider now directly owns 9,602 shares of the company's stock, valued at approximately $509,866.20. The trade was a 25.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Thomas D. Tesh sold 1,921 shares of the business's stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of $56.54, for a total value of $108,613.34. Following the transaction, the insider now directly owns 38,028 shares in the company, valued at $2,150,103.12. This trade represents a 4.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 8,987 shares of company stock valued at $480,725. Company insiders own 4.47% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ROL shares. Royal Bank of Canada lifted their price target on Rollins from $52.00 to $62.00 and gave the company an "outperform" rating in a research report on Thursday, April 17th. Barclays boosted their target price on Rollins from $50.00 to $55.00 and gave the stock an "equal weight" rating in a research report on Friday, April 4th. The Goldman Sachs Group set a $61.00 target price on Rollins and gave the stock a "buy" rating in a research report on Thursday, April 24th. Morgan Stanley boosted their target price on Rollins from $48.00 to $50.00 and gave the stock an "equal weight" rating in a research report on Friday, February 14th. Finally, Canaccord Genuity Group boosted their target price on Rollins from $49.00 to $50.00 and gave the stock a "hold" rating in a research report on Friday, April 25th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Rollins presently has a consensus rating of "Moderate Buy" and a consensus target price of $55.57.

About Rollins

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.