Bank of Montreal Can raised its holdings in shares of Rollins, Inc. (NYSE:ROL) by 150.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 139,433 shares of the business services provider’s stock after acquiring an additional 83,761 shares during the quarter. Bank of Montreal Can’s holdings in Rollins were worth $5,002,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently bought and sold shares of the business. Icon Wealth Partners LLC bought a new position in Rollins in the 1st quarter worth about $39,000. Citizens Financial Group Inc RI purchased a new stake in shares of Rollins in the first quarter worth about $52,000. CWM LLC boosted its position in shares of Rollins by 782.7% in the second quarter. CWM LLC now owns 1,324 shares of the business services provider’s stock valued at $47,000 after acquiring an additional 1,174 shares during the period. Tompkins Financial Corp boosted its position in shares of Rollins by 1,490.6% in the second quarter. Tompkins Financial Corp now owns 1,527 shares of the business services provider’s stock valued at $55,000 after acquiring an additional 1,431 shares during the period. Finally, YorkBridge Wealth Partners LLC grew its stake in Rollins by 34.6% during the first quarter. YorkBridge Wealth Partners LLC now owns 3,242 shares of the business services provider’s stock valued at $135,000 after acquiring an additional 833 shares in the last quarter. Hedge funds and other institutional investors own 42.62% of the company’s stock.
A number of analysts recently weighed in on the stock. Zacks Investment Research raised shares of Rollins from a “sell” rating to a “hold” rating and set a $37.00 target price on the stock in a report on Monday, July 29th. Stifel Nicolaus lowered shares of Rollins from a “hold” rating to a “sell” rating and reduced their price target for the company from $36.50 to $25.00 in a research report on Wednesday, June 26th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $35.87.
NYSE:ROL opened at $34.56 on Wednesday. The business’s 50-day moving average price is $33.23 and its two-hundred day moving average price is $37.51. Rollins, Inc. has a twelve month low of $31.36 and a twelve month high of $43.91. The stock has a market cap of $11.11 billion, a P/E ratio of 48.68 and a beta of 0.35. The company has a quick ratio of 0.73, a current ratio of 0.77 and a debt-to-equity ratio of 0.45.
Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, July 24th. The business services provider reported $0.21 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.21. The company had revenue of $524.00 million for the quarter, compared to analysts’ expectations of $523.88 million. Rollins had a return on equity of 31.43% and a net margin of 11.99%. Rollins’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period last year, the firm posted $0.30 EPS. On average, equities research analysts expect that Rollins, Inc. will post 0.72 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Friday, August 9th were given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend was Thursday, August 8th. Rollins’s payout ratio is currently 59.15%.
Rollins, Inc, through its subsidiaries, provides pest and termite control services to residential and commercial customers. It offers protection against termite damage, rodents, and insects to homes and businesses, including hotels, food service establishments, food manufacturers, retailers, and transportation companies.
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