BDFS Capital LLC acquired a new position in shares of Rollins, Inc. (NYSE:ROL – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,274 shares of the business services provider’s stock, valued at approximately $677,000.
A number of other hedge funds have also recently added to or reduced their stakes in ROL. DV Equities LLC bought a new position in shares of Rollins in the fourth quarter worth about $25,000. Cornerstone Planning Group LLC lifted its position in shares of Rollins by 528.4% during the fourth quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock worth $26,000 after purchasing an additional 354 shares in the last quarter. Board of the Pension Protection Fund acquired a new position in shares of Rollins during the fourth quarter worth approximately $30,000. Torren Management LLC bought a new stake in shares of Rollins during the fourth quarter valued at approximately $36,000. Finally, Fideuram Asset Management Ireland dac bought a new stake in shares of Rollins during the fourth quarter valued at approximately $43,000. Institutional investors own 51.79% of the company’s stock.
Rollins Stock Down 0.5%
Shares of NYSE ROL opened at $44.91 on Friday. Rollins, Inc. has a 1 year low of $44.43 and a 1 year high of $66.14. The firm’s 50-day moving average is $51.89 and its 200-day moving average is $56.77. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $21.62 billion, a PE ratio of 41.20, a price-to-earnings-growth ratio of 2.78 and a beta of 0.73.
Rollins Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Monday, May 11th were given a dividend of $0.1825 per share. The ex-dividend date was Monday, May 11th. This represents a $0.73 annualized dividend and a dividend yield of 1.6%. Rollins’s payout ratio is presently 66.97%.
Wall Street Analysts Forecast Growth
ROL has been the subject of a number of research reports. The Goldman Sachs Group reissued a “buy” rating and issued a $67.00 price target on shares of Rollins in a report on Thursday, April 23rd. UBS Group increased their price objective on Rollins from $58.00 to $61.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Loop Capital initiated coverage on Rollins in a research report on Monday, April 13th. They issued a “hold” rating and a $56.00 price objective on the stock. Rothschild & Co Redburn set a $66.00 target price on Rollins and gave the company a “buy” rating in a research note on Monday, April 27th. Finally, Weiss Ratings downgraded Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, Rollins presently has a consensus rating of “Moderate Buy” and an average price target of $63.71.
Get Our Latest Stock Analysis on ROL
Rollins Company Profile
Rollins, Inc (NYSE: ROL) is a provider of pest and termite control services operating through a network of subsidiaries and franchises. Headquartered in Atlanta, Georgia, the company offers a broad range of pest management solutions for both residential and commercial customers, positioning itself as a specialist in protecting property and public health from pests and vectors.
Its service offerings include general pest control, termite inspection and treatment, bed bug remediation, mosquito and vector control, wildlife exclusion, and related specialty services.
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