Markel Group Inc. Has $67.78 Million Holdings in Rollins, Inc. (NYSE:ROL)

Markel Group Inc. boosted its stake in shares of Rollins, Inc. (NYSE:ROL) by 0.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,462,275 shares of the business services provider’s stock after buying an additional 9,000 shares during the period. Markel Group Inc.’s holdings in Rollins were worth $67,776,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Brooklyn Investment Group purchased a new stake in shares of Rollins in the third quarter worth approximately $28,000. Centricity Wealth Management LLC purchased a new stake in shares of Rollins in the fourth quarter worth approximately $31,000. True Wealth Design LLC lifted its position in shares of Rollins by 4,272.2% in the third quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock worth $40,000 after purchasing an additional 769 shares in the last quarter. Versant Capital Management Inc lifted its position in shares of Rollins by 57.8% in the fourth quarter. Versant Capital Management Inc now owns 890 shares of the business services provider’s stock worth $41,000 after purchasing an additional 326 shares in the last quarter. Finally, SRS Capital Advisors Inc. lifted its position in shares of Rollins by 25.7% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,429 shares of the business services provider’s stock worth $66,000 after purchasing an additional 292 shares in the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

Analysts Set New Price Targets

ROL has been the subject of a number of research analyst reports. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research report on Monday, January 6th. StockNews.com upgraded Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, February 19th. UBS Group increased their price objective on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a report on Friday, January 17th. Canaccord Genuity Group increased their price objective on Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a report on Friday, February 14th. Finally, Wells Fargo & Company increased their price objective on Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $52.00.

Rollins Trading Up 0.9 %

Shares of ROL stock opened at $52.24 on Tuesday. Rollins, Inc. has a 12 month low of $41.72 and a 12 month high of $53.72. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30. The business’s 50 day moving average is $49.36 and its two-hundred day moving average is $49.38. The company has a market cap of $25.30 billion, a PE ratio of 54.42 and a beta of 0.78.

Rollins (NYSE:ROL) last announced its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, meeting the consensus estimate of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. Equities analysts predict that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th were issued a dividend of $0.165 per share. The ex-dividend date was Tuesday, February 25th. This represents a $0.66 annualized dividend and a yield of 1.26%. Rollins’s dividend payout ratio (DPR) is presently 68.75%.

Insider Buying and Selling at Rollins

In other news, insider Traci Hornfeck sold 3,224 shares of the firm’s stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total value of $171,194.40. Following the sale, the insider now owns 9,602 shares in the company, valued at approximately $509,866.20. This trade represents a 25.14 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Elizabeth B. Chandler sold 13,193 shares of the firm’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $51.18, for a total transaction of $675,217.74. Following the completion of the sale, the insider now owns 76,526 shares in the company, valued at approximately $3,916,600.68. The trade was a 14.70 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 4.69% of the company’s stock.

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.