Markel Group Inc. Purchases 13,250 Shares of Rollins, Inc. $ROL

Markel Group Inc. grew its position in Rollins, Inc. (NYSE:ROL) by 0.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,489,025 shares of the business services provider’s stock after buying an additional 13,250 shares during the period. Markel Group Inc.’s holdings in Rollins were worth $89,371,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Cornerstone Planning Group LLC lifted its position in shares of Rollins by 528.4% in the 4th quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock worth $26,000 after acquiring an additional 354 shares during the period. Board of the Pension Protection Fund bought a new stake in shares of Rollins in the 4th quarter worth approximately $30,000. Root Financial Partners LLC bought a new stake in shares of Rollins in the 3rd quarter worth approximately $31,000. Torren Management LLC bought a new stake in shares of Rollins in the 4th quarter worth approximately $36,000. Finally, MUFG Securities EMEA plc bought a new stake in shares of Rollins in the 2nd quarter worth approximately $47,000. Institutional investors own 51.79% of the company’s stock.

Rollins Price Performance

Rollins stock opened at $53.48 on Friday. The business has a 50 day simple moving average of $54.27 and a 200 day simple moving average of $58.35. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.65 and a quick ratio of 0.59. Rollins, Inc. has a one year low of $51.95 and a one year high of $66.14. The company has a market capitalization of $25.75 billion, a PE ratio of 49.07, a price-to-earnings-growth ratio of 3.26 and a beta of 0.79.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.24. Rollins had a return on equity of 38.37% and a net margin of 13.77%.The firm had revenue of $906.42 million during the quarter, compared to the consensus estimate of $895.17 million. During the same quarter in the previous year, the company posted $0.22 EPS. The business’s revenue for the quarter was up 10.2% compared to the same quarter last year. On average, sell-side analysts forecast that Rollins, Inc. will post 1.24 EPS for the current fiscal year.

Rollins Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Monday, May 11th will be given a $0.1825 dividend. The ex-dividend date is Monday, May 11th. This represents a $0.73 annualized dividend and a yield of 1.4%. Rollins’s payout ratio is presently 66.97%.

Insider Transactions at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 14,201 shares of Rollins stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $59.36, for a total value of $842,971.36. Following the completion of the transaction, the insider owned 55,977 shares in the company, valued at approximately $3,322,794.72. The trade was a 20.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 5.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on ROL. Wells Fargo & Company reduced their price objective on Rollins from $58.00 to $55.00 and set an “equal weight” rating for the company in a research report on Friday, May 15th. Morgan Stanley set a $70.00 price objective on Rollins in a research report on Friday, February 13th. The Goldman Sachs Group reiterated a “buy” rating and issued a $67.00 price objective on shares of Rollins in a research report on Thursday, April 23rd. Weiss Ratings downgraded Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday. Finally, Bank of America began coverage on Rollins in a research report on Tuesday, February 17th. They set a “buy” rating and a $67.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $65.20.

Rollins Profile

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.