Freedom Day Solutions LLC Purchases 12,010 Shares of Rollins, Inc. (NYSE:ROL)

Freedom Day Solutions LLC lifted its position in shares of Rollins, Inc. (NYSE:ROL - Free Report) by 36.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 44,630 shares of the business services provider's stock after acquiring an additional 12,010 shares during the period. Freedom Day Solutions LLC's holdings in Rollins were worth $2,069,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in ROL. Brooklyn Investment Group bought a new position in Rollins in the 3rd quarter valued at approximately $28,000. True Wealth Design LLC lifted its stake in 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 last quarter. Versant Capital Management Inc lifted its stake in 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 last quarter. Capital Performance Advisors LLP bought a new position in Rollins in the 3rd quarter valued at approximately $52,000. Finally, Intact Investment Management Inc. bought a new position in Rollins in the 3rd quarter valued at approximately $71,000. Institutional investors own 51.79% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Royal Bank of Canada reissued an "outperform" rating and issued a $52.00 price objective on shares of Rollins in a research note on Monday, January 6th. UBS Group upped their price target on shares of Rollins from $52.00 to $53.00 and gave the company a "neutral" rating in a research report on Friday, January 17th. Wells Fargo & Company upped their price target on shares of Rollins from $56.00 to $58.00 and gave the company an "overweight" rating in a research report on Monday, December 16th. StockNews.com upgraded shares of Rollins from a "hold" rating to a "buy" rating in a research report on Wednesday. Finally, Canaccord Genuity Group upped their price target on shares of Rollins from $48.00 to $49.00 and gave the company a "hold" rating in a research report on Friday, February 14th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, Rollins currently has a consensus rating of "Hold" and an average target price of $52.00.

Rollins Stock Up 0.0 %

NYSE ROL traded up $0.03 on Friday, hitting $51.36. 812,163 shares of the company were exchanged, compared to its average volume of 1,732,614. The company has a market cap of $24.87 billion, a PE ratio of 53.54 and a beta of 0.76. Rollins, Inc. has a 12 month low of $41.30 and a 12 month high of $52.83. The stock has a fifty day moving average of $48.23 and a 200-day moving average of $49.08. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30.

Rollins (NYSE:ROL - Get Free Report) last issued its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. As a group, analysts forecast that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th will be paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date is Tuesday, February 25th. Rollins's dividend payout ratio (DPR) is 68.75%.

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.