4 days Ago By ABMN Staff
Envestnet Asset Management Inc. reduced its holdings in Rentokil Initial plc ( NYSE:RTO – Free Report ) by 14.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The fund owned 628,327 shares of the company’s stock after selling 102,647 shares during the period. Envestnet Asset Management Inc. owned about 0.
12% of Rentokil Initial worth $15,909,000 at the end of the most recent quarter. Other large investors have also made changes to their positions in the company. River Road Asset Management LLC boosted its holdings in Rentokil Initial by 114.
2% in the fourth quarter. River Road Asset Management LLC now owns 3,786,010 shares of the company’s stock valued at $95,862,000 after purchasing an additional 2,018,866 shares during the last quarter. Alberta Investment Management Corp grew its holdings in Rentokil Initial by 21.
6% during the fourth quarter. Alberta Investment Management Corp now owns 1,312,471 shares of the company’s stock worth $33,232,000 after acquiring an additional 232,871 shares during the period. Nichols & Pratt Advisers LLP MA raised its position in Rentokil Initial by 11.
0% during the fourth quarter. Nichols & Pratt Advisers LLP MA now owns 793,679 shares of the company’s stock valued at $20,096,000 after acquiring an additional 78,953 shares in the last quarter. Iridian Asset Management LLC CT lifted its holdings in Rentokil Initial by 1.
2% in the fourth quarter. Iridian Asset Management LLC CT now owns 728,764 shares of the company’s stock valued at $18,452,000 after acquiring an additional 8,969 shares during the period. Finally, Motley Fool Asset Management LLC boosted its position in Rentokil Initial by 6.
2% in the 4th quarter. Motley Fool Asset Management LLC now owns 472,812 shares of the company’s stock worth $11,972,000 after purchasing an additional 27,724 shares in the last quarter. 9.
91% of the stock is owned by hedge funds and other institutional investors. Rentokil Initial Trading Down 0.8 % Shares of RTO stock opened at $22.
23 on Wednesday. Rentokil Initial plc has a 1-year low of $19.60 and a 1-year high of $34.
07. The company has a market cap of $11.22 billion, a price-to-earnings ratio of 14.
72, a PEG ratio of 7.95 and a beta of 1.07.
The company has a debt-to-equity ratio of 0.75, a current ratio of 1.04 and a quick ratio of 0.
96. The stock has a 50 day simple moving average of $23.44 and a 200-day simple moving average of $24.
50. Rentokil Initial Announces Dividend Wall Street Analyst Weigh In Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Rentokil Initial in a research note on Friday, March 7th. Four analysts have rated the stock with a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the stock.
According to MarketBeat.com, Rentokil Initial has an average rating of “Moderate Buy”. Get Our Latest Analysis on RTO About Rentokil Initial ( Free Report ) Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, the United Kingdom, rest of Europe, Asia, the Pacific, and internationally.
It offers a range of pest control services for rodents, and flying and crawling insects, as well as other forms of wildlife management for commercial customers. Featured Stories Receive News & Ratings for Rentokil Initial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rentokil Initial and related companies with MarketBeat.com's FREE daily email newsletter .
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