TD Private Client Wealth LLC Trims Holdings in Rollins, Inc. (NYSE:ROL)

TD Private Client Wealth LLC trimmed its position in Rollins, Inc. (NYSE:ROL) by 2.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,674 shares of the business services provider’s stock after selling 1,085 shares during the quarter. TD Private Client Wealth LLC’s holdings in Rollins were worth $2,071,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ROL. Brooklyn Investment Group bought a new position in Rollins in the 3rd quarter worth approximately $28,000. Centricity Wealth Management LLC bought a new position in Rollins in the 4th quarter worth approximately $31,000. True Wealth Design LLC boosted its position in shares of Rollins by 4,272.2% during the 3rd quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 769 shares during the last quarter. Versant Capital Management Inc boosted its position in shares of Rollins by 57.8% during the 4th quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 326 shares during the last quarter. Finally, Atala Financial Inc bought a new position in shares of Rollins during the 4th quarter valued at approximately $47,000. 51.79% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ROL has been the subject of a number of research reports. StockNews.com downgraded Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, March 12th. UBS Group increased their target price on Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research report on Friday, January 17th. Royal Bank of Canada reiterated an “outperform” rating and set a $52.00 target price on shares of Rollins in a research report on Monday, January 6th. Wells Fargo & Company increased their target price on Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research report on Monday, December 16th. Finally, Canaccord Genuity Group increased their price target on Rollins from $48.00 to $49.00 and gave the company a “hold” rating in a report on Friday, February 14th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $52.00.

Rollins Stock Performance

NYSE:ROL opened at $51.62 on Friday. The stock’s fifty day moving average is $50.33 and its 200 day moving average is $49.47. Rollins, Inc. has a fifty-two week low of $41.72 and a fifty-two week high of $53.72. The firm has a market capitalization of $25.04 billion, a PE ratio of 53.77 and a beta of 0.78. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69.

Rollins (NYSE:ROL) last released its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. On average, sell-side analysts anticipate that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th were paid a $0.165 dividend. The ex-dividend date was Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a yield of 1.28%. Rollins’s payout ratio is 68.75%.

Insiders Place Their Bets

In other news, insider Traci Hornfeck sold 3,224 shares of the firm’s stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total transaction of $171,194.40. Following the transaction, the insider now owns 9,602 shares in the company, valued at approximately $509,866.20. This trade represents a 25.14 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Thomas D. Tesh sold 1,921 shares of the firm’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $51.78, for a total value of $99,469.38. Following the transaction, the insider now owns 41,173 shares in the company, valued at approximately $2,131,937.94. This represents a 4.46 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 18,338 shares of company stock worth $945,882 over the last quarter. Company insiders own 4.69% of the company’s stock.

Rollins Company 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.