Teacher Retirement System of Texas lifted its stake in Rollins, Inc. (NYSE:ROL) by 237.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 97,227 shares of the business services provider’s stock after purchasing an additional 68,435 shares during the quarter. Teacher Retirement System of Texas’ holdings in Rollins were worth $4,486,000 at the end of the most recent reporting period.
Several other institutional investors also recently made changes to their positions in ROL. Rhumbline Advisers boosted its holdings in Rollins by 2.3% during the 3rd quarter. Rhumbline Advisers now owns 318,796 shares of the business services provider’s stock valued at $14,709,000 after acquiring an additional 7,229 shares during the period. Advisor Group Inc. boosted its holdings in Rollins by 31.4% during the 3rd quarter. Advisor Group Inc. now owns 20,705 shares of the business services provider’s stock valued at $955,000 after acquiring an additional 4,950 shares during the period. Capital Analysts LLC boosted its holdings in Rollins by 3.1% during the 3rd quarter. Capital Analysts LLC now owns 84,921 shares of the business services provider’s stock valued at $3,918,000 after acquiring an additional 2,546 shares during the period. Toronto Dominion Bank boosted its holdings in Rollins by 243.6% during the 3rd quarter. Toronto Dominion Bank now owns 4,144 shares of the business services provider’s stock valued at $191,000 after acquiring an additional 2,938 shares during the period. Finally, Dorsey Wright & Associates boosted its holdings in Rollins by 49.4% during the 3rd quarter. Dorsey Wright & Associates now owns 110,566 shares of the business services provider’s stock valued at $5,102,000 after acquiring an additional 36,544 shares during the period. Hedge funds and other institutional investors own 37.66% of the company’s stock.
In other Rollins news, insider John F. Wilson sold 12,876 shares of Rollins stock in a transaction on Thursday, August 24th. The stock was sold at an average price of $44.60, for a total transaction of $574,269.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 56.30% of the company’s stock.
Rollins, Inc. (NYSE:ROL) opened at $45.01 on Monday. Rollins, Inc. has a 1-year low of $31.39 and a 1-year high of $48.29. The stock has a market capitalization of $9,811.06, a price-to-earnings ratio of 54.23 and a beta of 0.26.
Rollins (NYSE:ROL) last issued its earnings results on Wednesday, October 25th. The business services provider reported $0.24 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.25 by ($0.01). The firm had revenue of $450.40 million for the quarter, compared to the consensus estimate of $449.92 million. Rollins had a net margin of 11.15% and a return on equity of 29.60%. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same period last year, the firm earned $0.23 earnings per share. analysts forecast that Rollins, Inc. will post 0.85 earnings per share for the current year.
The company 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. This represents a yield of 1.04%. The ex-dividend date of this dividend is Thursday, November 9th. Rollins’s dividend payout ratio (DPR) is presently 54.76%.
A number of equities analysts recently issued reports on the company. BidaskClub upgraded Rollins from a “hold” rating to a “buy” rating in a report on Tuesday, August 8th. Zacks Investment Research cut Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. Finally, KeyCorp restated a “hold” rating on shares of Rollins in a report on Sunday, October 29th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Rollins presently has an average rating of “Buy” and an average price target of $44.67.
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.
Want to see what other hedge funds are holding ROL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rollins, Inc. (NYSE:ROL).
Receive News & Ratings for Rollins Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rollins Inc. and related companies with MarketBeat.com's FREE daily email newsletter.