Colonial River Investments LLC raised its holdings in Rollins, Inc. (NYSE:ROL – Free Report) by 6.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,471 shares of the business services provider’s stock after buying an additional 657 shares during the quarter. Colonial River Investments LLC’s holdings in Rollins were worth $532,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brooklyn Investment Group bought a new stake in Rollins in the 3rd quarter valued at $28,000. Centricity Wealth Management LLC acquired a new stake in shares of Rollins in the 4th quarter valued at $31,000. True Wealth Design LLC boosted its stake in shares of 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 in the last quarter. Versant Capital Management Inc boosted its stake in shares of 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 in the last quarter. Finally, Capital Performance Advisors LLP acquired a new stake in shares of Rollins in the 3rd quarter valued at $52,000. Institutional investors own 51.79% of the company’s stock.
Rollins Stock Down 0.1 %
Shares of NYSE ROL opened at $51.29 on Monday. The firm’s 50-day simple moving average is $48.28 and its 200 day simple moving average is $49.13. The company has a market cap of $24.83 billion, a price-to-earnings ratio of 53.42 and a beta of 0.76. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30. Rollins, Inc. has a 12-month low of $41.30 and a 12-month high of $52.83.
Rollins Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th will be given a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a yield of 1.29%. Rollins’s payout ratio is presently 68.75%.
Wall Street Analysts Forecast Growth
ROL has been the topic of several recent analyst reports. StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research note on Wednesday, February 19th. UBS Group boosted their target price 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. Wells Fargo & Company boosted their target price on shares of Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Morgan Stanley upped their price target on shares of Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Finally, Barclays started coverage on shares of Rollins in a research report on Monday, November 4th. They set an “equal weight” rating and a $50.00 price target on the stock. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $52.00.
Get Our Latest Report on Rollins
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.
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