2 weeks Ago By ABMN Staff
Teacher Retirement System of Texas trimmed its stake in Rollins, Inc. ( NYSE:ROL – Free Report ) by 19.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 23,646 shares of the business services provider’s stock after selling 5,735 shares during the period. Teacher Retirement System of Texas’ holdings in Rollins were worth $1,096,000 at the end of the most recent reporting period. A number of other institutional investors also recently bought and sold shares of ROL.
Raymond James Financial Inc. bought a new stake in Rollins during the fourth quarter valued at about $74,249,000. Point72 Asset Management L.
P. bought a new position in shares of Rollins during the 3rd quarter valued at approximately $28,980,000. Allspring Global Investments Holdings LLC increased its holdings in Rollins by 96.
1% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,000,045 shares of the business services provider’s stock worth $46,046,000 after acquiring an additional 490,183 shares in the last quarter. JPMorgan Chase & Co.
raised its stake in Rollins by 22.6% during the 3rd 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 during the period. Finally, Fiera Capital Corp raised its stake in Rollins by 32.3% during the 4th quarter.
Fiera Capital Corp now owns 1,130,540 shares of the business services provider’s stock worth $52,401,000 after acquiring an additional 275,963 shares during the period. 51.79% of the stock is owned by institutional investors.
Rollins Stock Performance NYSE ROL opened at $53.04 on Friday. The stock has a market capitalization of $25.
73 billion, a PE ratio of 55.25 and a beta of 0.78.
Rollins, Inc. has a 1-year low of $41.72 and a 1-year high of $54.
00. The business has a 50 day simple moving average of $50.88 and a two-hundred day simple moving average of $49.
56. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.
69 and a quick ratio of 0.62. Rollins Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th.
Investors of record on Tuesday, February 25th were issued a $0.165 dividend. This represents a $0.
66 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend was Tuesday, February 25th.
Rollins’s payout ratio is 68.75%. Insider Buying and Selling In related news, insider Thomas D.
Tesh sold 1,921 shares of the firm’s stock in a transaction on Monday, March 10th. The stock was 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 directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink .
Also, insider Elizabeth B. Chandler sold 13,193 shares of the business’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $51.
18, for a total transaction of $675,217.74. Following 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 disclosure for this sale can be found here . Over the last quarter, insiders sold 18,338 shares of company stock worth $945,882. Corporate insiders own 4.
47% of the company’s stock. Wall Street Analyst Weigh In A number of analysts have recently issued reports on the stock. Morgan Stanley increased their price objective on shares of Rollins from $48.
00 to $50.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Royal Bank of Canada reissued an “outperform” rating and set a $52.
00 price target on shares of Rollins in a report on Monday, January 6th. StockNews.com lowered Rollins from a “buy” rating to a “hold” rating in a research note on Wednesday, March 12th.
Wells Fargo & Company lifted their target price on Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research note on Monday, December 16th.
Finally, UBS Group upped their price target on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research note on Friday, January 17th.
Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $52.
00. Check Out Our Latest Stock Report on Rollins 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.
Recommended Stories Want to see what other hedge funds are holding ROL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rollins, Inc. ( NYSE:ROL – Free Report ).
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