Tudor Investment Corp ET AL Acquires 51,552 Shares of Rollins, Inc. $ROL
by Kim Johansen · The Markets DailyTudor Investment Corp ET AL increased its holdings in shares of Rollins, Inc. (NYSE:ROL – Free Report) by 379.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 65,134 shares of the business services provider’s stock after acquiring an additional 51,552 shares during the period. Tudor Investment Corp ET AL’s holdings in Rollins were worth $3,826,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of ROL. Vanguard Group Inc. lifted its stake in shares of Rollins by 4.2% during the 3rd quarter. Vanguard Group Inc. now owns 36,720,282 shares of the business services provider’s stock worth $2,156,949,000 after acquiring an additional 1,480,306 shares during the last quarter. Select Equity Group L.P. lifted its stake in shares of Rollins by 149.6% during the 2nd quarter. Select Equity Group L.P. now owns 1,265,543 shares of the business services provider’s stock worth $71,402,000 after acquiring an additional 758,462 shares during the last quarter. Mackenzie Financial Corp lifted its stake in shares of Rollins by 62.3% during the 3rd quarter. Mackenzie Financial Corp now owns 1,548,877 shares of the business services provider’s stock worth $90,981,000 after acquiring an additional 594,735 shares during the last quarter. First Trust Advisors LP lifted its stake in shares of Rollins by 156.0% during the 3rd quarter. First Trust Advisors LP now owns 943,960 shares of the business services provider’s stock worth $55,448,000 after acquiring an additional 575,242 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of Rollins by 39.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,921,248 shares of the business services provider’s stock worth $108,397,000 after acquiring an additional 547,637 shares during the last quarter. 51.79% of the stock is owned by institutional investors.
Insiders Place Their Bets
In other news, CEO Jerry Jr. Gahlhoff sold 4,510 shares of Rollins stock in a transaction on Monday, January 26th. The stock was sold at an average price of $63.26, for a total value of $285,302.60. Following the transaction, the chief executive officer directly owned 328,386 shares in the company, valued at approximately $20,773,698.36. This trade represents a 1.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Gary W. Rollins sold 19,094 shares of Rollins stock in a transaction on Monday, January 26th. The shares were sold at an average price of $63.26, for a total value of $1,207,886.44. Following the completion of the transaction, the chairman owned 5,322,469 shares in the company, valued at $336,699,388.94. This represents a 0.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 67,039 shares of company stock worth $4,177,480. Insiders own 5.77% of the company’s stock.
More Rollins News
Here are the key news stories impacting Rollins this week:
- Neutral Sentiment: Son of U.S. Agriculture Secretary Brooke Rollins was named Texas A&M head yell leader — human interest/local sports announcement; no link to Rollins, Inc. Read More.
- Neutral Sentiment: Rachael Rollins filed papers and is reported to be running again for Suffolk County DA after previously resigning from a federal post amid an ethics probe — local/political news about a person named Rollins, not the company. Read More.
- Neutral Sentiment: Multiple outlets report Rachael Rollins’ campaign filing and coverage of her past ethics issues as she seeks a comeback for Suffolk DA — political/legal coverage unrelated to ROL. Read More.
- Neutral Sentiment: Additional reports on Rachael Rollins’ candidacy and press coverage of her past resignation and ethics probe; local political story with no connection to Rollins, Inc. Read More.
- Neutral Sentiment: Seth Rollins (WWE) describes how his WrestleMania match with GUNTHER came together — entertainment/sports content unrelated to the company. Read More.
- Neutral Sentiment: Jimmy Rollins (baseball figure) offers a World Series prediction — sports commentary not connected to Rollins, Inc. Read More.
- Neutral Sentiment: Rollins College welcomed into the Association of Schools and Programs of Public Health — higher‑education news about an institution named Rollins, no impact on ROL. Read More.
- Neutral Sentiment: Exhibition at the Rollins Museum of Art highlighted in a local piece — arts/culture item tied to the museum name, not the company. Read More.
- Neutral Sentiment: Profile on NBA player Ryan Rollins tracing his rise to the league — sports feature with no corporate relevance to Rollins, Inc. Read More.
- Neutral Sentiment: Further local coverage repeating that Rachael Rollins officially joined the Suffolk DA race — duplicate/confirming political coverage; not material to ROL. Read More.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on ROL shares. UBS Group set a $65.00 price target on Rollins in a research note on Wednesday, January 21st. Royal Bank Of Canada set a $67.00 price objective on Rollins and gave the stock an “outperform” rating in a report on Thursday, February 12th. Weiss Ratings restated a “buy (b)” rating on shares of Rollins in a report on Monday, December 29th. Morgan Stanley set a $70.00 price objective on Rollins in a report on Friday, February 13th. Finally, Wells Fargo & Company set a $56.00 price objective on Rollins and gave the stock an “equal weight” rating in a report on Thursday, February 12th. Eleven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Rollins currently has an average rating of “Moderate Buy” and an average target price of $66.08.
View Our Latest Stock Analysis on ROL
Rollins Price Performance
Shares of ROL opened at $55.78 on Friday. The company has a 50 day moving average price of $57.90 and a 200-day moving average price of $58.83. Rollins, Inc. has a fifty-two week low of $51.77 and a fifty-two week high of $66.14. The stock has a market capitalization of $26.88 billion, a PE ratio of 51.17, a PEG ratio of 3.37 and a beta of 0.84. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.55 and a current ratio of 0.60.
Rollins (NYSE:ROL – Get Free Report) last announced its quarterly earnings results on Wednesday, February 11th. The business services provider reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.02). Rollins had a return on equity of 38.16% and a net margin of 14.00%.The business had revenue of $912.91 million during the quarter, compared to analysts’ expectations of $925.08 million. During the same period in the previous year, the company posted $0.22 EPS. Rollins’s revenue for the quarter was up 9.7% on a year-over-year basis. Equities analysts predict that Rollins, Inc. will post 1.09 earnings per share for the current fiscal year.
Rollins Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th were issued a $0.1825 dividend. The ex-dividend date was Wednesday, February 25th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.3%. Rollins’s dividend payout ratio (DPR) is currently 66.97%.
About Rollins
Rollins, Inc (NYSE: ROL) is a provider of pest and termite control services operating through a network of subsidiaries and franchises. Headquartered in Atlanta, Georgia, the company offers a broad range of pest management solutions for both residential and commercial customers, positioning itself as a specialist in protecting property and public health from pests and vectors.
Its service offerings include general pest control, termite inspection and treatment, bed bug remediation, mosquito and vector control, wildlife exclusion, and related specialty services.
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