Fiera Capital Corp Sells 49,229 Shares of Rollins, Inc. $ROL

Fiera Capital Corp trimmed its position in Rollins, Inc. (NYSE:ROLFree Report) by 3.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,529,042 shares of the business services provider’s stock after selling 49,229 shares during the quarter. Fiera Capital Corp owned 0.32% of Rollins worth $89,816,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ROL. Caitong International Asset Management Co. Ltd acquired a new position in Rollins during the second quarter worth about $30,000. Root Financial Partners LLC bought a new stake in shares of Rollins during the 3rd quarter valued at approximately $31,000. TD Waterhouse Canada Inc. increased its position in Rollins by 58.4% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 730 shares of the business services provider’s stock worth $41,000 after purchasing an additional 269 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in Rollins in the 2nd quarter valued at approximately $42,000. Finally, TruNorth Capital Management LLC bought a new position in Rollins in the 3rd quarter valued at approximately $45,000. 51.79% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Rollins

In related news, Chairman John F. Wilson sold 5,344 shares of Rollins stock in a transaction that occurred on Wednesday, January 28th. The shares were sold at an average price of $62.83, for a total value of $335,763.52. Following the sale, the chairman owned 594,705 shares of the company’s stock, valued at approximately $37,365,315.15. The trade was a 0.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Elizabeth B. Chandler sold 1,329 shares of the business’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $62.83, for a total value of $83,501.07. Following the completion of the sale, the insider owned 58,832 shares in the company, valued at approximately $3,696,414.56. The trade was a 2.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 59,150 shares of company stock valued at $3,711,814 in the last three months. 4.47% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

ROL has been the topic of a number of recent research reports. The Goldman Sachs Group reissued a “buy” rating and set a $64.00 price target on shares of Rollins in a research note on Thursday, October 30th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Rollins in a report on Tuesday, December 2nd. UBS Group set a $65.00 target price on shares of Rollins in a report on Wednesday, January 21st. Weiss Ratings restated a “buy (b)” rating on shares of Rollins in a research report on Monday, December 29th. Finally, Wells Fargo & Company set a $56.00 price target on shares of Rollins and gave the company an “equal weight” rating in a research note on Thursday, February 12th. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $66.08.

View Our Latest Research Report on ROL

Rollins Trading Up 1.1%

NYSE ROL opened at $60.92 on Friday. The company has a quick ratio of 0.55, a current ratio of 0.60 and a debt-to-equity ratio of 0.35. Rollins, Inc. has a 52 week low of $49.73 and a 52 week high of $66.14. The business has a 50 day moving average price of $61.48 and a 200-day moving average price of $59.11. The company has a market cap of $29.31 billion, a price-to-earnings ratio of 55.89, a P/E/G ratio of 3.71 and a beta of 0.78.

Rollins (NYSE:ROLGet Free Report) last issued its quarterly earnings data on Wednesday, February 11th. The business services provider reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.02). Rollins had a return on equity of 38.16% and a net margin of 14.00%.The company had revenue of $912.91 million for the quarter, compared to the consensus estimate of $925.08 million. During the same period in the prior year, the firm posted $0.22 earnings per share. The business’s revenue for the quarter was up 9.7% on a year-over-year basis. As a group, equities analysts expect that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.

Rollins Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th will be given a dividend of $0.1825 per share. The ex-dividend date is Wednesday, February 25th. This represents a $0.73 annualized dividend and a yield of 1.2%. Rollins’s dividend payout ratio is presently 66.97%.

Key Rollins News

Here are the key news stories impacting Rollins this week:

About Rollins

(Free Report)

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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Institutional Ownership by Quarter for Rollins (NYSE:ROL)

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