Rollins (NYSE:ROL – Get Free Report) will be issuing its quarterly earnings data after the market closes on Wednesday, February 14th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.
Rollins Stock Performance
Rollins stock opened at $43.57 on Tuesday. The company has a 50 day moving average price of $43.08 and a 200-day moving average price of $39.97. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.76 and a current ratio of 0.82. Rollins has a fifty-two week low of $32.19 and a fifty-two week high of $45.04. The company has a market capitalization of $21.09 billion, a PE ratio of 52.49, a P/E/G ratio of 3.00 and a beta of 0.64.
Rollins Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, March 11th. Shareholders of record on Wednesday, February 21st will be issued a dividend of $0.15 per share. The ex-dividend date is Tuesday, February 20th. This represents a $0.60 dividend on an annualized basis and a yield of 1.38%. Rollins’s dividend payout ratio is currently 72.29%.
Insider Activity at Rollins
Hedge Funds Weigh In On Rollins
Hedge funds have recently made changes to their positions in the company. Norges Bank acquired a new stake in Rollins during the 4th quarter worth about $84,675,000. Durable Capital Partners LP acquired a new stake in Rollins during the 1st quarter worth about $61,799,000. Morgan Stanley grew its position in Rollins by 78.8% during the 4th quarter. Morgan Stanley now owns 3,221,759 shares of the business services provider’s stock worth $117,723,000 after purchasing an additional 1,419,569 shares during the period. Millennium Management LLC boosted its stake in shares of Rollins by 97.8% during the 4th quarter. Millennium Management LLC now owns 2,693,672 shares of the business services provider’s stock worth $98,427,000 after acquiring an additional 1,331,911 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Rollins by 5,181.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 812,785 shares of the business services provider’s stock worth $30,341,000 after acquiring an additional 828,781 shares in the last quarter. 38.98% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
ROL has been the subject of a number of analyst reports. Stifel Nicolaus upgraded Rollins from a “hold” rating to a “buy” rating and set a $40.00 target price for the company in a report on Friday, October 20th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 price target on shares of Rollins in a research report on Friday, February 2nd. Morgan Stanley initiated coverage on Rollins in a research report on Thursday, December 21st. They set an “equal weight” rating and a $42.00 price target on the stock. UBS Group upped their price target on Rollins from $45.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, December 14th. Finally, The Goldman Sachs Group initiated coverage on Rollins in a research report on Tuesday, January 2nd. They set a “buy” rating and a $49.00 price target on the stock. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $47.00.
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.
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