Semanteon Capital Management LP Makes New $1.16 Million Investment in Rollins, Inc. (NYSE:ROL)

Semanteon Capital Management LP acquired a new position in shares of Rollins, Inc. (NYSE:ROL) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 26,534 shares of the business services provider’s stock, valued at approximately $1,159,000.

Other large investors have also made changes to their positions in the company. Lindbrook Capital LLC increased its stake in Rollins by 72.4% during the fourth quarter. Lindbrook Capital LLC now owns 619 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 260 shares during the period. Operose Advisors LLC bought a new stake in shares of Rollins during the third quarter valued at approximately $47,000. First Horizon Advisors Inc. increased its position in shares of Rollins by 224.5% during the third quarter. First Horizon Advisors Inc. now owns 1,603 shares of the business services provider’s stock valued at $60,000 after purchasing an additional 1,109 shares during the period. Blue Trust Inc. increased its position in shares of Rollins by 65.9% during the fourth quarter. Blue Trust Inc. now owns 1,453 shares of the business services provider’s stock valued at $63,000 after purchasing an additional 577 shares during the period. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in shares of Rollins during the third quarter valued at approximately $75,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Price Performance

NYSE:ROL traded up $1.41 during trading hours on Thursday, reaching $44.28. The company had a trading volume of 2,448,299 shares, compared to its average volume of 1,961,770. The stock has a 50-day moving average of $44.46 and a two-hundred day moving average of $42.06. Rollins, Inc. has a one year low of $32.19 and a one year high of $47.45. The firm has a market capitalization of $21.46 billion, a PE ratio of 50.32, a PEG ratio of 3.37 and a beta of 0.63. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.42.

Rollins (NYSE:ROL) last announced its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.20. Rollins had a return on equity of 35.97% and a net margin of 14.15%. The firm had revenue of $748.35 million for the quarter, compared to analysts’ expectations of $739.12 million. During the same period in the prior year, the business posted $0.18 earnings per share. The business’s revenue was up 13.7% compared to the same quarter last year. Analysts forecast that Rollins, Inc. will post 0.99 earnings per share for the current year.

Rollins Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Friday, May 10th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date of this dividend is Thursday, May 9th. Rollins’s dividend payout ratio is currently 68.18%.

Insiders Place Their Bets

In other Rollins news, insider Traci Hornfeck sold 2,677 shares of the business’s stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $43.48, for a total value of $116,395.96. Following the transaction, the insider now owns 14,376 shares of the company’s stock, valued at $625,068.48. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, CFO Kenneth D. Krause sold 5,000 shares of the company’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total transaction of $230,900.00. Following the transaction, the chief financial officer now owns 99,078 shares of the company’s stock, valued at $4,575,422.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Traci Hornfeck sold 2,677 shares of the company’s stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $43.48, for a total value of $116,395.96. Following the transaction, the insider now directly owns 14,376 shares in the company, valued at approximately $625,068.48. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 22,824 shares of company stock valued at $994,558. 4.69% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on ROL shares. StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a research report on Thursday. Royal Bank of Canada restated an “outperform” rating and set a $52.00 price objective on shares of Rollins in a research report on Thursday, February 15th. UBS Group restated a “neutral” rating and set a $49.00 price objective on shares of Rollins in a research report on Monday, April 15th. Finally, The Goldman Sachs Group started coverage on Rollins in a research report on Tuesday, January 2nd. They set a “buy” rating and a $49.00 price objective on the stock. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Rollins currently has a consensus rating of “Moderate Buy” and an average target price of $46.83.

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.