Semanteon Capital Management LP Purchases Shares of 30,959 Rollins, Inc. (NYSE:ROL)

Semanteon Capital Management LP acquired a new position in shares of Rollins, Inc. (NYSE:ROL - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 30,959 shares of the business services provider's stock, valued at approximately $1,435,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Magnetar Financial LLC purchased a new stake in shares of Rollins in the 4th quarter worth approximately $254,000. Royal London Asset Management Ltd. boosted its holdings in Rollins by 15.3% in the fourth quarter. Royal London Asset Management Ltd. now owns 151,548 shares of the business services provider's stock worth $7,024,000 after acquiring an additional 20,156 shares in the last quarter. Advisors Asset Management Inc. grew its stake in shares of Rollins by 25.1% in the fourth quarter. Advisors Asset Management Inc. now owns 128,895 shares of the business services provider's stock worth $5,974,000 after acquiring an additional 25,902 shares during the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of Rollins by 3.4% during the fourth quarter. Thrivent Financial for Lutherans now owns 16,868 shares of the business services provider's stock valued at $781,000 after acquiring an additional 551 shares in the last quarter. Finally, Kensington Investment Counsel LLC raised its position in shares of Rollins by 0.7% in the 4th quarter. Kensington Investment Counsel LLC now owns 38,120 shares of the business services provider's stock worth $1,767,000 after purchasing an additional 263 shares during the last quarter. Hedge funds and other institutional investors own 51.79% of the company's stock.

Remove Ads

Analyst Ratings Changes

A number of analysts have weighed in on ROL shares. StockNews.com lowered shares of Rollins from a "buy" rating to a "hold" rating in a research note on Wednesday, March 12th. UBS Group raised their price target on shares of Rollins from $52.00 to $53.00 and gave the company a "neutral" rating in a research report on Friday, January 17th. Canaccord Genuity Group upped their price objective on Rollins from $48.00 to $49.00 and gave the company a "hold" rating in a research report on Friday, February 14th. Royal Bank of Canada reissued an "outperform" rating and issued a $52.00 target price on shares of Rollins in a report on Monday, January 6th. Finally, Morgan Stanley boosted their price target on Rollins from $48.00 to $50.00 and gave the stock an "equal weight" rating in a research note on Friday, February 14th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $52.00.

Insider Buying and Selling

In other Rollins news, insider Thomas D. Tesh sold 1,921 shares of the company's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $51.78, for a total value of $99,469.38. Following the completion of the sale, the insider now owns 41,173 shares in the company, valued at $2,131,937.94. This represents a 4.46 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Traci Hornfeck sold 3,224 shares of Rollins stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total value of $171,194.40. Following the transaction, the insider now directly owns 9,602 shares in the company, valued at approximately $509,866.20. The trade was a 25.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 18,338 shares of company stock valued at $945,882. 4.69% of the stock is owned by insiders.

Rollins Stock Performance

ROL traded down $0.03 during mid-day trading on Tuesday, reaching $52.29. 1,818,464 shares of the company traded hands, compared to its average volume of 1,560,056. The company's fifty day moving average price is $50.45 and its 200-day moving average price is $49.48. The stock has a market capitalization of $25.36 billion, a P/E ratio of 54.47 and a beta of 0.78. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30. Rollins, Inc. has a 52-week low of $41.72 and a 52-week high of $53.72.

Rollins (NYSE:ROL - Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, meeting analysts' consensus estimates of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. On average, sell-side analysts expect that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th were paid a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend was Tuesday, February 25th. Rollins's dividend payout ratio (DPR) is presently 68.75%.

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.