Rollins, Inc. $ROL Stock Position Raised by Markel Group Inc.

Markel Group Inc. raised its position in shares of Rollins, Inc. (NYSE:ROL) by 0.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,489,025 shares of the business services provider’s stock after purchasing an additional 13,250 shares during the period. Markel Group Inc. owned 0.31% of Rollins worth $89,371,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Axxcess Wealth Management LLC raised its stake in shares of Rollins by 79.3% during the 4th quarter. Axxcess Wealth Management LLC now owns 27,376 shares of the business services provider’s stock worth $1,643,000 after purchasing an additional 12,111 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. purchased a new stake in shares of Rollins during the 4th quarter worth about $364,000. Global Retirement Partners LLC increased its holdings in shares of Rollins by 428.8% during the 4th quarter. Global Retirement Partners LLC now owns 6,885 shares of the business services provider’s stock valued at $413,000 after acquiring an additional 5,583 shares during the last quarter. ABN Amro Investment Solutions acquired a new position in shares of Rollins during the 4th quarter valued at about $841,000. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Rollins by 3.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 62,506 shares of the business services provider’s stock valued at $3,752,000 after acquiring an additional 1,935 shares during the last quarter. 51.79% of the stock is owned by hedge funds and other institutional investors.

Rollins Stock Performance

ROL opened at $53.48 on Friday. The firm has a market capitalization of $25.75 billion, a P/E ratio of 49.07, a price-to-earnings-growth ratio of 3.26 and a beta of 0.79. The stock’s 50 day moving average price is $54.27 and its two-hundred day moving average price is $58.35. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 0.35. Rollins, Inc. has a 12-month low of $51.95 and a 12-month high of $66.14.

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

Rollins Announces Dividend

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

Insider Transactions at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 14,201 shares of the firm’s stock in a transaction that occurred 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 sale, the insider owned 55,977 shares of the company’s stock, valued at $3,322,794.72. This trade represents a 20.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 5.77% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on ROL shares. Royal Bank Of Canada set a $67.00 price objective on Rollins and gave the company an “outperform” rating in a report on Thursday, February 12th. Rothschild & Co Redburn set a $66.00 price objective on Rollins and gave the company a “buy” rating in a report on Monday, April 27th. Morgan Stanley set a $70.00 price objective on Rollins in a report on Friday, February 13th. Bank of America started coverage on Rollins in a report on Tuesday, February 17th. They set a “buy” rating and a $67.00 price objective on the stock. Finally, Weiss Ratings lowered Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target 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.