Robeco Institutional Asset Management B.V. Trims Holdings in Rollins, Inc. (NYSE:ROL)

Robeco Institutional Asset Management B.V. reduced its position in shares of Rollins, Inc. (NYSE:ROL - Free Report) by 24.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,284 shares of the business services provider's stock after selling 32,199 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Rollins were worth $4,648,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in ROL. Montrusco Bolton Investments Inc. grew its position in shares of Rollins by 14.0% during the 3rd quarter. Montrusco Bolton Investments Inc. now owns 9,397,497 shares of the business services provider's stock valued at $465,503,000 after purchasing an additional 1,154,722 shares in the last quarter. Fiera Capital Corp purchased a new position in Rollins in the third quarter worth $43,225,000. Point72 Asset Management L.P. purchased a new position in Rollins in the third quarter worth $28,980,000. JPMorgan Chase & Co. grew its position in Rollins by 22.6% in the third quarter. JPMorgan Chase & Co. now owns 2,280,005 shares of the business services provider's stock worth $115,323,000 after acquiring an additional 420,399 shares in the last quarter. Finally, SG Americas Securities LLC grew its position in Rollins by 535.2% in the fourth quarter. SG Americas Securities LLC now owns 261,379 shares of the business services provider's stock worth $12,115,000 after acquiring an additional 220,230 shares in the last quarter. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the company's stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $49.88, for a total transaction of $735,730.00. Following the completion of the transaction, the insider now directly owns 124,214 shares of the company's stock, valued at approximately $6,195,794.32. This represents a 10.61 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 4.69% of the company's stock.

Rollins Trading Down 1.1 %

NYSE ROL traded down $0.56 during trading on Tuesday, hitting $49.10. 1,159,576 shares of the company's stock traded hands, compared to its average volume of 1,573,299. The firm has a market cap of $23.78 billion, a P/E ratio of 51.14 and a beta of 0.76. The stock has a fifty day moving average of $48.04 and a two-hundred day moving average of $48.91. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.78 and a quick ratio of 0.72. Rollins, Inc. has a 12-month low of $40.41 and a 12-month high of $52.16.

Rollins Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th will be paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 1.34%. The ex-dividend date is Tuesday, February 25th. Rollins's dividend payout ratio (DPR) is 68.75%.

Analyst Ratings Changes

ROL has been the subject of several research reports. StockNews.com upgraded shares of Rollins from a "hold" rating to a "buy" rating in a research report on Monday. Wells Fargo & Company upped their target price on shares of Rollins from $56.00 to $58.00 and gave the stock an "overweight" rating in a research report on Monday, December 16th. Royal Bank of Canada reiterated an "outperform" rating and issued a $52.00 target price on shares of Rollins in a research report 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. Finally, Morgan Stanley upped their price target on shares of Rollins from $46.00 to $48.00 and gave the company an "equal weight" rating in a research report on Thursday, December 12th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $51.50.

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.