Fiera Capital Corp Boosts Holdings in Rollins, Inc. (NYSE:ROL)

Fiera Capital Corp lifted its stake in shares of Rollins, Inc. (NYSE:ROL - Free Report) by 32.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,130,540 shares of the business services provider's stock after purchasing an additional 275,963 shares during the period. Fiera Capital Corp owned about 0.23% of Rollins worth $52,401,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. B.O.S.S. Retirement Advisors LLC increased its stake in shares of Rollins by 4.9% during the third quarter. B.O.S.S. Retirement Advisors LLC now owns 4,543 shares of the business services provider's stock worth $230,000 after purchasing an additional 212 shares in the last quarter. Eastern Bank grew its stake in Rollins by 0.5% during the 4th quarter. Eastern Bank now owns 50,410 shares of the business services provider's stock valued at $2,337,000 after acquiring an additional 236 shares in the last quarter. Raymond James Trust N.A. grew its stake in Rollins by 1.9% during the 3rd quarter. Raymond James Trust N.A. now owns 13,283 shares of the business services provider's stock valued at $672,000 after acquiring an additional 252 shares in the last quarter. Motley Fool Asset Management LLC grew its stake in Rollins by 3.0% during the 3rd quarter. Motley Fool Asset Management LLC now owns 10,072 shares of the business services provider's stock valued at $509,000 after acquiring an additional 289 shares in the last quarter. Finally, Mather Group LLC. grew its stake in Rollins by 9.8% during the 4th quarter. Mather Group LLC. now owns 3,325 shares of the business services provider's stock valued at $154,000 after acquiring an additional 298 shares in the last quarter. Hedge funds and other institutional investors own 51.79% of the company's stock.

Analyst Upgrades and Downgrades

ROL has been the subject of several research reports. UBS Group upped their price objective on shares of Rollins from $52.00 to $53.00 and gave the company a "neutral" rating in a research note on Friday, January 17th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $52.00 price objective on shares of Rollins in a research note on Monday, January 6th. StockNews.com cut shares of Rollins from a "buy" rating to a "hold" rating in a research note on Tuesday, February 11th. Morgan Stanley upped their price objective on shares of Rollins from $48.00 to $50.00 and gave the company an "equal weight" rating in a research note on Friday. Finally, Barclays began coverage on shares of Rollins in a report on Monday, November 4th. They issued an "equal weight" rating and a $50.00 target price on the stock. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, Rollins has a consensus rating of "Hold" and a consensus target price of $52.00.

Rollins Trading Down 2.4 %

Shares of ROL stock traded down $1.23 during trading hours on Friday, hitting $50.70. The company had a trading volume of 2,819,001 shares, compared to its average volume of 1,455,127. The company's fifty day moving average is $48.09 and its 200 day moving average is $49.01. 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 fifty-two week low of $40.41 and a fifty-two week high of $52.83. The stock has a market capitalization of $24.55 billion, a PE ratio of 52.81 and a beta of 0.76.

Rollins (NYSE:ROL - Get Free Report) last announced its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. Rollins had a net margin of 14.18% and a return on equity of 38.67%. Research analysts expect that Rollins, Inc. will post 0.99 earnings per share for the current fiscal year.

Rollins Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors 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 yield of 1.30%. The ex-dividend date of this dividend is Tuesday, February 25th. Rollins's payout ratio is currently 68.75%.

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.