Park Avenue Securities LLC Buys 1,764 Shares of Rentokil Initial plc (NYSE:RTO)

Park Avenue Securities LLC lifted its stake in Rentokil Initial plc (NYSE:RTO) by 15.2% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,376 shares of the company’s stock after purchasing an additional 1,764 shares during the quarter. Park Avenue Securities LLC’s holdings in Rentokil Initial were worth $403,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of RTO. Kestra Advisory Services LLC boosted its stake in Rentokil Initial by 4.6% during the third quarter. Kestra Advisory Services LLC now owns 8,875 shares of the company’s stock worth $329,000 after buying an additional 392 shares during the period. Mariner LLC boosted its stake in shares of Rentokil Initial by 4.2% during the 3rd quarter. Mariner LLC now owns 15,979 shares of the company’s stock worth $592,000 after purchasing an additional 650 shares during the period. Natixis Advisors L.P. grew its holdings in Rentokil Initial by 7.9% during the 3rd quarter. Natixis Advisors L.P. now owns 14,967 shares of the company’s stock valued at $555,000 after purchasing an additional 1,097 shares during the last quarter. Whittier Trust Co. raised its position in Rentokil Initial by 17.8% in the 4th quarter. Whittier Trust Co. now owns 7,538 shares of the company’s stock worth $216,000 after purchasing an additional 1,141 shares during the period. Finally, Benjamin F. Edwards & Company Inc. bought a new stake in Rentokil Initial in the fourth quarter worth about $34,000. Institutional investors own 9.91% of the company’s stock.

Rentokil Initial Price Performance

Rentokil Initial stock opened at $29.65 on Friday. The firm has a 50-day moving average of $27.47 and a two-hundred day moving average of $27.78. Rentokil Initial plc has a 1 year low of $23.39 and a 1 year high of $41.55.

Analyst Ratings Changes

RTO has been the topic of several recent analyst reports. BNP Paribas upgraded Rentokil Initial from a “neutral” rating to an “outperform” rating in a report on Monday, March 18th. JPMorgan Chase & Co. started coverage on Rentokil Initial in a research report on Tuesday, April 23rd. They issued a “neutral” rating on the stock.

Rentokil Initial Profile

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.