2 weeks Ago By Defense World Staff
Teacher Retirement System of Texas cut its holdings in Rollins, Inc. ( NYSE:ROL – Free Report ) by 19.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The fund owned 23,646 shares of the business services provider’s stock after selling 5,735 shares during the quarter. Teacher Retirement System of Texas’ holdings in Rollins were worth $1,096,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other hedge funds also recently bought and sold shares of the business.
Brooklyn Investment Group bought a new stake in shares of Rollins in the 3rd quarter worth approximately $28,000. Centricity Wealth Management LLC purchased a new position in Rollins during the 4th quarter valued at $31,000. True Wealth Design LLC increased its position in Rollins by 4,272.
2% during 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 during the period. Versant Capital Management Inc increased its position in Rollins by 57.
8% during 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 during the period. Finally, Atala Financial Inc purchased a new stake in shares of Rollins in the 4th quarter worth about $47,000.
Hedge funds and other institutional investors own 51.79% of the company’s stock. Wall Street Analysts Forecast Growth Several brokerages recently issued reports on ROL.
Morgan Stanley boosted their price target on shares of Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th.
Wells Fargo & Company raised 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.
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.
Canaccord Genuity Group raised their price objective on Rollins from $48.00 to $49.00 and gave the company a “hold” rating in a research report on Friday, February 14th.
Finally, StockNews.com cut shares of Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, March 12th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock.
According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $52.00. Rollins Price Performance Shares of NYSE:ROL opened at $53.
04 on Friday. Rollins, Inc. has a 1-year low of $41.
72 and a 1-year high of $54.00. The business has a fifty day moving average price of $50.
88 and a 200-day moving average price of $49.56. The company has a market capitalization of $25.
73 billion, a PE ratio of 55.25 and a beta of 0.78.
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 ( NYSE:ROL – Get Free Report ) last issued its earnings results on Wednesday, February 12th. The business services provider reported $0.
23 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.23. Rollins had a net margin of 13.
76% and a return on equity of 37.94%. As a group, equities analysts expect that Rollins, Inc.
will post 1.09 EPS for the current fiscal year. Rollins Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th.
Shareholders 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 was Tuesday, February 25th.
Rollins’s payout ratio is 68.75%. Insider Activity In other news, insider Traci Hornfeck sold 3,224 shares of the stock in a transaction on Tuesday, March 4th.
The stock was sold at an average price of $53.10, for a total transaction of $171,194.40.
Following the transaction, the insider now directly owns 9,602 shares of the company’s stock, valued at $509,866.20. This represents a 25.
14 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link . Also, insider Elizabeth B.
Chandler sold 13,193 shares of Rollins stock in a transaction on Friday, February 21st. The stock was sold at an average price of $51.18, for a total value of $675,217.
74. Following the completion of the sale, the insider now directly owns 76,526 shares of the company’s stock, valued at $3,916,600.68.
The trade was a 14.70 % decrease in their position. The disclosure for this sale can be found here .
Insiders have sold a total of 18,338 shares of company stock valued at $945,882 over the last ninety days. 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. Recommended Stories Five stocks we like better than Rollins What is the S&P/TSX Index? MarketBeat Week in Review – 03/24 – 03/28 High Flyers: 3 Natural Gas Stocks for March 2022 Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low Industrial Products Stocks Investing 4 Healthcare Stocks With Massive Gains—and More to Come 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 ). Receive News & Ratings for Rollins Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rollins and related companies with MarketBeat.
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