Dynamic Advisors Solutions LLC trimmed its position in shares of Rollins, Inc. (NYSE:ROL) by 8.1% during the fourth quarter, HoldingsChannel reports. The firm owned 19,169 shares of the business services provider’s stock after selling 1,697 shares during the quarter. Dynamic Advisors Solutions LLC’s holdings in Rollins were worth $892,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently made changes to their positions in ROL. First Manhattan Co. bought a new position in shares of Rollins during the fourth quarter worth $185,000. Toronto Dominion Bank boosted its position in shares of Rollins by 243.6% during the third quarter. Toronto Dominion Bank now owns 4,144 shares of the business services provider’s stock worth $191,000 after purchasing an additional 2,938 shares in the last quarter. Hengehold Capital Management LLC bought a new position in shares of Rollins during the third quarter worth $202,000. M&T Bank Corp bought a new position in shares of Rollins during the fourth quarter worth $206,000. Finally, Achmea Investment Management B.V. bought a new position in shares of Rollins during the second quarter worth $221,000. 37.58% of the stock is currently owned by institutional investors.
ROL has been the topic of a number of recent analyst reports. KeyCorp reissued a “hold” rating on shares of Rollins in a research report on Sunday, October 29th. Zacks Investment Research raised shares of Rollins from a “hold” rating to a “buy” rating and set a $57.00 price target on the stock in a research report on Saturday, January 27th. Finally, William Blair assumed coverage on shares of Rollins in a research report on Monday, January 29th. They issued an “outperform” rating on the stock. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $47.67.
In related news, Vice Chairman Gary W. Rollins acquired 2,180 shares of the business’s stock in a transaction that occurred on Wednesday, December 13th. The shares were acquired at an average cost of $45.84 per share, with a total value of $99,931.20. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 56.30% of the company’s stock.
Shares of Rollins, Inc. (ROL) opened at $49.89 on Tuesday. The company has a market cap of $10,874.78, a price-to-earnings ratio of 57.35 and a beta of 0.22. Rollins, Inc. has a 52-week low of $35.51 and a 52-week high of $51.78.
Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, January 24th. The business services provider reported $0.21 EPS for the quarter, beating the consensus estimate of $0.20 by $0.01. The business had revenue of $414.70 million for the quarter, compared to analysts’ expectations of $412.08 million. Rollins had a net margin of 10.70% and a return on equity of 29.76%. The firm’s revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.17 EPS. equities analysts predict that Rollins, Inc. will post 1.13 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Friday, February 9th will be given a $0.14 dividend. This is a boost from Rollins’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a yield of 1.12%. The ex-dividend date of this dividend is Thursday, February 8th. Rollins’s payout ratio is currently 68.29%.
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Rollins, Inc is a service company, which operates in pest and termite control business segment. The Company, through its subsidiaries, provides its services to both residential and commercial customers in North America, Australia, and Europe with international franchises in Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, Canada, Australia, and Mexico.
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