XTX Topco Ltd acquired a new position in Rollins, Inc. (NYSE:ROL - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,952 shares of the business services provider's stock, valued at approximately $461,000.
Several other hedge funds have also recently bought and sold shares of the business. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Rollins in the fourth quarter worth about $29,000. Centricity Wealth Management LLC acquired a new stake in Rollins in the 4th quarter worth approximately $31,000. Mizuho Bank Ltd. bought a new stake in Rollins during the fourth quarter worth approximately $37,000. Versant Capital Management Inc grew its holdings in Rollins by 57.8% during the fourth 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. Finally, Atala Financial Inc bought a new position in shares of Rollins in the fourth quarter valued at approximately $47,000. 51.79% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
ROL has been the subject of several recent analyst reports. StockNews.com raised shares of Rollins from a "hold" rating to a "buy" rating in a report on Thursday, April 17th. UBS Group raised their price target on Rollins from $52.00 to $53.00 and gave the company a "neutral" rating in a research report on Friday, January 17th. Canaccord Genuity Group boosted their price objective on Rollins from $48.00 to $49.00 and gave the stock a "hold" rating in a research report on Friday, February 14th. Royal Bank of Canada raised their target price on Rollins from $52.00 to $62.00 and gave the company an "outperform" rating in a report on Thursday, April 17th. Finally, Barclays lifted their price target on Rollins from $50.00 to $55.00 and gave the stock an "equal weight" rating in a research report on Friday, April 4th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $54.50.
Check Out Our Latest Report on Rollins
Rollins Stock Performance
ROL traded down $0.74 on Wednesday, hitting $54.92. 4,086,866 shares of the stock traded hands, compared to its average volume of 1,714,329. The business has a fifty day moving average price of $52.64 and a two-hundred day moving average price of $50.06. 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, Inc. has a 52 week low of $42.25 and a 52 week high of $56.83. The firm has a market capitalization of $26.64 billion, a PE ratio of 57.21 and a beta of 0.80.
Rollins (NYSE:ROL - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The business services provider reported $0.22 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.22. Rollins had a net margin of 13.76% and a return on equity of 37.94%. On average, research analysts predict that Rollins, Inc. will post 1.09 EPS for the current fiscal year.
Rollins Announces Dividend
The firm 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 dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date is Monday, May 12th. Rollins's dividend payout ratio is 68.75%.
Insider Buying and Selling at Rollins
In related news, insider Elizabeth B. Chandler sold 13,193 shares of the firm's stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $51.18, for a total transaction of $675,217.74. Following the completion of the transaction, the insider now owns 76,526 shares in the company, valued at $3,916,600.68. This trade represents a 14.70 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Thomas D. Tesh sold 1,921 shares of the company's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $51.78, for a total value of $99,469.38. Following the completion of the sale, the insider now owns 41,173 shares in the company, valued at $2,131,937.94. This trade represents a 4.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 20,259 shares of company stock valued at $1,047,330. 4.47% of the stock is currently owned by corporate insiders.
Rollins Profile
(
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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