Park Avenue Securities LLC Has $217,000 Position in Rentokil Initial plc (NYSE:RTO)

Park Avenue Securities LLC cut its holdings in Rentokil Initial plc (NYSE:RTO) by 20.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,590 shares of the company’s stock after selling 2,223 shares during the quarter. Park Avenue Securities LLC’s holdings in Rentokil Initial were worth $217,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in RTO. Valley Wealth Managers Inc. acquired a new position in Rentokil Initial during the third quarter worth $29,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Rentokil Initial by 403.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,052 shares of the company’s stock worth $31,000 after acquiring an additional 843 shares in the last quarter. Assetmark Inc. acquired a new position in shares of Rentokil Initial during the 3rd quarter valued at about $36,000. Sunbelt Securities Inc. bought a new position in shares of Rentokil Initial in the 2nd quarter valued at approximately $40,000. Finally, Whittier Trust Co. lifted its holdings in Rentokil Initial by 200.8% in the 3rd quarter. Whittier Trust Co. now owns 2,274 shares of the company’s stock worth $57,000 after purchasing an additional 1,518 shares during the last quarter. 9.91% of the stock is owned by institutional investors.

Rentokil Initial Stock Up 1.1 %

Shares of NYSE:RTO opened at $24.19 on Monday. Rentokil Initial plc has a twelve month low of $22.40 and a twelve month high of $34.07. The business has a fifty day moving average of $25.22 and a 200-day moving average of $26.93. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.96 and a current ratio of 1.04.

Wall Street Analysts Forecast Growth

Separately, Citigroup raised shares of Rentokil Initial to a “strong-buy” rating in a report on Friday, December 13th. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

About Rentokil Initial

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.