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

Markel Group Inc. grew its holdings in shares of Rollins, Inc. (NYSE:ROL - Free Report) by 0.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,462,275 shares of the business services provider's stock after buying an additional 9,000 shares during the quarter. Markel Group Inc. owned 0.30% of Rollins worth $67,776,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Franklin Resources Inc. lifted its stake in Rollins by 54.7% during the third quarter. Franklin Resources Inc. now owns 173,943 shares of the business services provider's stock worth $8,725,000 after purchasing an additional 61,475 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Rollins during the third quarter worth $1,428,000. Westfield Capital Management Co. LP bought a new position in Rollins during the third quarter worth $5,102,000. Intech Investment Management LLC lifted its stake in Rollins by 13.7% during the third quarter. Intech Investment Management LLC now owns 661,997 shares of the business services provider's stock worth $33,484,000 after purchasing an additional 79,546 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in Rollins by 22.6% during the third quarter. JPMorgan Chase & Co. now owns 2,280,005 shares of the business services provider's stock worth $115,323,000 after purchasing an additional 420,399 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on ROL shares. Morgan Stanley increased their target price on Rollins from $48.00 to $50.00 and gave the stock an "equal weight" rating in a research report on Friday, February 14th. UBS Group increased their target price on Rollins from $52.00 to $53.00 and gave the stock a "neutral" rating in a research report on Friday, January 17th. Wells Fargo & Company increased their target price on Rollins from $56.00 to $58.00 and gave the stock an "overweight" rating in a research report on Monday, December 16th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $52.00 target price on shares of Rollins in a research report on Monday, January 6th. Finally, StockNews.com raised Rollins from a "hold" rating to a "buy" rating in a research report on Wednesday, February 19th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $52.00.

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Insider Buying and Selling

In related news, insider Traci Hornfeck sold 3,224 shares of Rollins stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total transaction of $171,194.40. Following the transaction, the insider now directly owns 9,602 shares of the company's stock, valued at $509,866.20. The trade was a 25.14 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Thomas D. Tesh sold 1,921 shares of Rollins 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 transaction, the insider now directly owns 41,173 shares in the company, valued at approximately $2,131,937.94. The trade was a 4.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 18,338 shares of company stock valued at $945,882 over the last three months. Company insiders own 4.69% of the company's stock.

Rollins Stock Performance

Shares of ROL traded down $0.36 during trading hours on Tuesday, reaching $51.92. 2,867,701 shares of the company's stock traded hands, compared to its average volume of 1,567,697. The firm has a market capitalization of $25.14 billion, a price-to-earnings ratio of 54.09 and a beta of 0.78. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62. Rollins, Inc. has a twelve month low of $41.72 and a twelve month high of $53.72. The business's fifty day simple moving average is $49.47 and its two-hundred day simple moving average is $49.39.

Rollins (NYSE:ROL - Get Free Report) last issued its quarterly earnings results 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%. Analysts predict that Rollins, Inc. will post 1.09 earnings per share for the current year.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 25th were issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date was Tuesday, February 25th. Rollins's payout ratio is currently 68.75%.

Rollins Profile

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.