Freedom Day Solutions LLC Acquires 12,010 Shares of Rollins, Inc. (NYSE:ROL)

Freedom Day Solutions LLC boosted its holdings in shares of Rollins, Inc. (NYSE:ROL) by 36.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 44,630 shares of the business services provider’s stock after buying an additional 12,010 shares during the quarter. Freedom Day Solutions LLC’s holdings in Rollins were worth $2,069,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Eastern Bank grew its position in Rollins by 0.5% during the fourth quarter. Eastern Bank now owns 50,410 shares of the business services provider’s stock valued at $2,337,000 after buying an additional 236 shares during the period. Raymond James Trust N.A. boosted its position in shares of Rollins by 1.9% in the third quarter. Raymond James Trust N.A. now owns 13,283 shares of the business services provider’s stock worth $672,000 after purchasing an additional 252 shares during the period. Motley Fool Asset Management LLC boosted its position in shares of Rollins by 3.0% in the third quarter. Motley Fool Asset Management LLC now owns 10,072 shares of the business services provider’s stock worth $509,000 after purchasing an additional 289 shares during the period. Mather Group LLC. boosted its position in shares of Rollins by 9.8% in the fourth quarter. Mather Group LLC. now owns 3,325 shares of the business services provider’s stock worth $154,000 after purchasing an additional 298 shares during the period. Finally, Empirical Finance LLC boosted its position in shares of Rollins by 3.9% in the third quarter. Empirical Finance LLC now owns 8,123 shares of the business services provider’s stock worth $411,000 after purchasing an additional 302 shares during the period. 51.79% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ROL. Morgan Stanley upped their price target on shares of Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Canaccord Genuity Group upped their price target on shares of Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research report on Friday, February 14th. Barclays began coverage on shares of Rollins in a research report on Monday, November 4th. They issued an “equal weight” rating and a $50.00 price target for the company. StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday. Finally, Royal Bank of Canada restated an “outperform” rating and set a $52.00 target price on shares of Rollins in a research report on Monday, January 6th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $52.00.

Rollins Price Performance

Rollins stock opened at $50.79 on Thursday. The company has a market cap of $24.60 billion, a price-to-earnings ratio of 52.91 and a beta of 0.76. The firm’s fifty day moving average is $48.18 and its 200 day moving average is $49.07. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30. Rollins, Inc. has a 52-week low of $40.76 and a 52-week high of $52.83.

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

Rollins Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be paid a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend is Tuesday, February 25th. Rollins’s payout ratio is 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.