Values First Advisors Inc. Sells 602 Shares of Rollins, Inc. (NYSE:ROL)

Values First Advisors Inc. lessened its holdings in Rollins, Inc. (NYSE:ROL) by 3.5% during the 4th quarter, Holdings Channel reports. The firm owned 16,714 shares of the business services provider’s stock after selling 602 shares during the period. Values First Advisors Inc.’s holdings in Rollins were worth $775,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of ROL. Montrusco Bolton Investments Inc. lifted its holdings in Rollins by 14.0% in the third quarter. Montrusco Bolton Investments Inc. now owns 9,397,497 shares of the business services provider’s stock valued at $465,503,000 after buying an additional 1,154,722 shares during the period. Fiera Capital Corp bought a new stake in shares of Rollins during the 3rd quarter valued at $43,225,000. Point72 Asset Management L.P. acquired a new position in shares of Rollins in the 3rd quarter valued at $28,980,000. Allspring Global Investments Holdings LLC boosted its position in shares of Rollins by 96.1% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,000,045 shares of the business services provider’s stock worth $46,046,000 after purchasing an additional 490,183 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Rollins by 22.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,280,005 shares of the business services provider’s stock worth $115,323,000 after purchasing an additional 420,399 shares during the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Stock Performance

Shares of ROL opened at $49.90 on Wednesday. The firm has a market cap of $24.17 billion, a P/E ratio of 51.98 and a beta of 0.76. Rollins, Inc. has a twelve month low of $40.41 and a twelve month high of $52.16. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.72 and a current ratio of 0.78. The firm’s 50 day moving average price is $47.99 and its two-hundred day moving average price is $48.92.

Rollins Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date is Tuesday, February 25th. Rollins’s payout ratio is presently 68.75%.

Insider Buying and Selling

In other news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $49.88, for a total value of $735,730.00. Following the sale, the insider now owns 124,214 shares of the company’s stock, valued at $6,195,794.32. The trade was a 10.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 4.69% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on ROL shares. UBS Group upped their price objective on Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a report on Friday, January 17th. Barclays started coverage on Rollins in a research note on Monday, November 4th. They issued an “equal weight” rating and a $50.00 price target for the company. Canaccord Genuity Group assumed coverage on shares of Rollins in a research note on Tuesday, January 7th. They set a “hold” rating and a $48.00 price objective on the stock. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research note on Monday, January 6th. Finally, Wells Fargo & Company lifted their price target on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Rollins has an average rating of “Hold” and a consensus price target of $51.50.

Rollins 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.