Rollins, Inc. (NYSE:ROL) Shares Acquired by Fiera Capital Corp

Fiera Capital Corp increased its stake in shares of Rollins, Inc. (NYSE:ROL) by 32.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,130,540 shares of the business services provider’s stock after purchasing an additional 275,963 shares during the period. Fiera Capital Corp’s holdings in Rollins were worth $52,401,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brooklyn Investment Group purchased a new position in Rollins during the 3rd quarter worth $28,000. True Wealth Design LLC increased its stake in shares of Rollins by 4,272.2% during the third quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock worth $40,000 after acquiring an additional 769 shares during the period. Versant Capital Management Inc raised its holdings in Rollins by 57.8% during the fourth quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock worth $41,000 after purchasing an additional 326 shares in the last quarter. Capital Performance Advisors LLP acquired a new stake in Rollins in the third quarter valued at about $52,000. Finally, Intact Investment Management Inc. purchased a new stake in Rollins in the 3rd quarter valued at approximately $71,000. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ROL has been the subject of a number of analyst reports. Canaccord Genuity Group began coverage on Rollins in a research note on Tuesday, January 7th. They set a “hold” rating and a $48.00 target price for the company. StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a research report on Tuesday. Royal Bank of Canada restated an “outperform” rating and set a $52.00 target price on shares of Rollins in a research report on Monday, January 6th. Barclays initiated coverage on shares of Rollins in a research note on Monday, November 4th. They set an “equal weight” rating and a $50.00 price target on the stock. Finally, UBS Group raised their price objective 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. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $51.50.

Rollins Stock Up 0.3 %

Rollins stock opened at $50.07 on Thursday. Rollins, Inc. has a fifty-two week low of $40.41 and a fifty-two week high of $52.16. The firm has a market capitalization of $24.25 billion, a price-to-earnings ratio of 52.16 and a beta of 0.76. The stock’s fifty day moving average is $47.99 and its two-hundred day moving average is $48.95. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.72 and a current ratio of 0.78.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, meeting analysts’ consensus estimates of $0.23. Rollins had a net margin of 14.18% and a return on equity of 38.67%. Analysts predict that Rollins, Inc. will post 0.99 EPS for the current fiscal year.

Rollins Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th will be given a $0.165 dividend. The ex-dividend date is Tuesday, February 25th. This represents a $0.66 annualized dividend and a dividend yield of 1.32%. Rollins’s dividend payout ratio is presently 68.75%.

Insider Transactions at Rollins

In related news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the stock in a transaction on Friday, November 15th. The stock was sold at an average price of $49.88, for a total transaction of $735,730.00. Following the sale, the insider now owns 124,214 shares of the company’s stock, valued at $6,195,794.32. This trade represents a 10.61 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 4.69% of the company’s stock.

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.