PGGM Investments reduced its position in Rollins, Inc. (NYSE:ROL - Free Report) by 33.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 71,800 shares of the business services provider's stock after selling 36,473 shares during the quarter. PGGM Investments' holdings in Rollins were worth $3,136,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also bought and sold shares of ROL. Lindbrook Capital LLC grew its position in shares of Rollins by 72.4% in the fourth quarter. Lindbrook Capital LLC now owns 619 shares of the business services provider's stock valued at $27,000 after purchasing an additional 260 shares in the last quarter. Operose Advisors LLC purchased a new position in Rollins during the third quarter worth about $47,000. First Horizon Advisors Inc. grew its position in Rollins by 224.5% during the third quarter. First Horizon Advisors Inc. now owns 1,603 shares of the business services provider's stock worth $60,000 after buying an additional 1,109 shares in the last quarter. Blue Trust Inc. lifted its stake in Rollins by 65.9% during the fourth quarter. Blue Trust Inc. now owns 1,453 shares of the business services provider's stock worth $63,000 after purchasing an additional 577 shares during the last quarter. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in Rollins during the third quarter worth about $75,000. 51.79% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several brokerages have issued reports on ROL. UBS Group reaffirmed a "neutral" rating and set a $49.00 price target on shares of Rollins in a research note on Monday, April 15th. Morgan Stanley lifted their price target on Rollins from $42.00 to $43.00 and gave the stock an "equal weight" rating in a research note on Friday. Royal Bank of Canada reaffirmed an "outperform" rating and set a $52.00 price target on shares of Rollins in a research note on Thursday, February 15th. StockNews.com lowered Rollins from a "buy" rating to a "hold" rating in a research note on Thursday. Finally, The Goldman Sachs Group began coverage on Rollins in a research note on Tuesday, January 2nd. They set a "buy" rating and a $49.00 price target for the company. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $47.00.
Get Our Latest Research Report on ROL
Rollins Stock Down 0.3 %
Shares of ROL stock traded down $0.13 during midday trading on Monday, reaching $44.77. 1,233,172 shares of the stock were exchanged, compared to its average volume of 1,949,550. Rollins, Inc. has a 1 year low of $32.19 and a 1 year high of $47.45. The company's 50 day moving average is $44.54 and its two-hundred day moving average is $42.19. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.44. The firm has a market cap of $21.68 billion, a PE ratio of 50.45, a price-to-earnings-growth ratio of 3.51 and a beta of 0.63.
Rollins (NYSE:ROL - Get Free Report) last posted its earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share for the quarter, hitting analysts' consensus estimates of $0.20. Rollins had a return on equity of 37.73% and a net margin of 13.94%. The firm had revenue of $748.35 million for the quarter, compared to the consensus estimate of $739.12 million. During the same quarter in the prior year, the business earned $0.18 EPS. The business's revenue for the quarter was up 13.7% on a year-over-year basis. On average, equities research analysts predict that Rollins, Inc. will post 1 EPS for the current year.
Rollins Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Friday, May 10th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Thursday, May 9th. This represents a $0.60 annualized dividend and a dividend yield of 1.34%. Rollins's payout ratio is currently 67.42%.
Insider Buying and Selling
In related news, insider Traci Hornfeck sold 2,677 shares of the company's stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $43.48, for a total value of $116,395.96. Following the transaction, the insider now directly owns 14,376 shares of the company's stock, valued at approximately $625,068.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CFO Kenneth D. Krause sold 5,000 shares of the 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 directly owns 99,078 shares of the company's stock, valued at approximately $4,575,422.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Traci Hornfeck sold 2,677 shares of the stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $43.48, for a total value of $116,395.96. Following the completion of the sale, the insider now owns 14,376 shares of the company's stock, valued at approximately $625,068.48. The disclosure for this sale can be found here. Insiders have sold 27,824 shares of company stock worth $1,219,558 in the last 90 days. Insiders own 4.69% of the company's stock.
About Rollins
(
Free Report)
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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