Rollins, Inc. (ROL) Shares Bought by Toronto Dominion Bank
Toronto Dominion Bank boosted its stake in shares of Rollins, Inc. (NYSE:ROL) by 243.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,144 shares of the business services provider’s stock after acquiring an additional 2,938 shares during the quarter. Toronto Dominion Bank’s holdings in Rollins were worth $191,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the business. Alps Advisors Inc. grew its holdings in Rollins by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 13,101 shares of the business services provider’s stock worth $533,000 after acquiring an additional 34 shares during the last quarter. Utah Retirement Systems grew its holdings in Rollins by 0.6% during the 2nd quarter. Utah Retirement Systems now owns 17,500 shares of the business services provider’s stock worth $713,000 after acquiring an additional 100 shares during the last quarter. C M Bidwell & Associates Ltd. grew its holdings in Rollins by 1.2% during the 2nd quarter. C M Bidwell & Associates Ltd. now owns 8,705 shares of the business services provider’s stock worth $354,000 after acquiring an additional 105 shares during the last quarter. Advisors Preferred LLC grew its holdings in Rollins by 1.4% during the 2nd quarter. Advisors Preferred LLC now owns 10,229 shares of the business services provider’s stock worth $416,000 after acquiring an additional 145 shares during the last quarter. Finally, Comerica Bank grew its holdings in Rollins by 0.3% during the 2nd quarter. Comerica Bank now owns 77,596 shares of the business services provider’s stock worth $3,222,000 after acquiring an additional 236 shares during the last quarter. 37.66% of the stock is currently owned by hedge funds and other institutional investors.
Rollins, Inc. (NYSE ROL) traded down $0.10 during trading on Monday, reaching $45.22. 141,600 shares of the company’s stock were exchanged, compared to its average volume of 540,611. Rollins, Inc. has a 52 week low of $32.03 and a 52 week high of $48.29. The firm has a market cap of $9,856.83, a P/E ratio of 54.48 and a beta of 0.26.
Rollins (NYSE:ROL) last released its earnings results on Wednesday, October 25th. The business services provider reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.01). Rollins had a net margin of 11.15% and a return on equity of 29.60%. The business had revenue of $450.40 million for the quarter, compared to analyst estimates of $449.92 million. During the same quarter in the previous year, the company posted $0.23 earnings per share. The business’s revenue for the quarter was up 6.2% on a year-over-year basis. analysts forecast that Rollins, Inc. will post 0.85 earnings per share for the current year.
The firm also recently announced a special dividend, which will be paid on Monday, December 11th. Shareholders of record on Friday, November 10th will be given a dividend of $0.10 per share. The ex-dividend date is Thursday, November 9th. This represents a yield of 1.04%. Rollins’s payout ratio is presently 54.76%.
ROL has been the topic of a number of research analyst reports. KeyCorp reissued a “hold” rating on shares of Rollins in a report on Sunday, October 29th. Zacks Investment Research downgraded shares of Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, September 27th. Finally, BidaskClub upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research report on Tuesday, August 8th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $44.67.
Rollins Company Profile
Rollins, Inc is a service company, which operates in pest and termite control business segment. The Company, through its subsidiaries, provides its services to both residential and commercial customers in North America, Australia, and Europe with international franchises in Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, Canada, Australia, and Mexico.
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