Quantbot Technologies LP grew its holdings in Rollins, Inc. (NYSE:ROL – Free Report) by 62.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 86,792 shares of the business services provider’s stock after acquiring an additional 33,333 shares during the period. Quantbot Technologies LP’s holdings in Rollins were worth $4,023,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Franklin Resources Inc. grew its position in shares of Rollins by 54.7% during the 3rd quarter. Franklin Resources Inc. now owns 173,943 shares of the business services provider’s stock valued at $8,725,000 after buying an additional 61,475 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Rollins in the third quarter valued at $1,428,000. Westfield Capital Management Co. LP acquired a new position in shares of Rollins in the 3rd quarter worth approximately $5,102,000. Intech Investment Management LLC increased its holdings in shares of Rollins by 13.7% in the third quarter. Intech Investment Management LLC now owns 661,997 shares of the business services provider’s stock valued at $33,484,000 after buying an additional 79,546 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings 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 buying an additional 420,399 shares during the period. 51.79% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Rollins
In related news, insider Thomas D. Tesh sold 1,921 shares of the business’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $51.78, for a total transaction of $99,469.38. Following the transaction, the insider now owns 41,173 shares in the company, valued at $2,131,937.94. The trade was 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 stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $51.18, for a total transaction of $675,217.74. Following the completion of the transaction, the insider now owns 76,526 shares of the company’s stock, valued at approximately $3,916,600.68. The trade was a 14.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 18,338 shares of company stock worth $945,882 in the last quarter. Insiders own 4.69% of the company’s stock.
Analyst Upgrades and Downgrades
View Our Latest Research Report on ROL
Rollins Trading Up 1.4 %
Shares of Rollins stock opened at $51.44 on Friday. The firm has a market capitalization of $24.91 billion, a PE ratio of 53.59 and a beta of 0.78. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.30. Rollins, Inc. has a 1 year low of $41.72 and a 1 year high of $53.72. The firm’s 50 day moving average is $49.75 and its 200 day moving average is $49.42.
Rollins (NYSE:ROL – Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. Equities research analysts forecast that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.
Rollins Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 25th were given a dividend of $0.165 per share. The ex-dividend date was Tuesday, February 25th. This represents a $0.66 annualized dividend and a yield of 1.28%. Rollins’s payout ratio is currently 68.75%.
About Rollins
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 Investors Must Know About Over-the-Counter (OTC) Stocks
- MarketBeat Week in Review – 03/10 – 03/14
- There Are Different Types of Stock To Invest In
- Rubrik Stock’s V-Bottom Reversal Signals a Major Rally Ahead
- How to Invest in Biotech Stocks
- How Super Micro Computer Stock Is Defying the Market Sell-Off
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.com's FREE daily email newsletter.