SG Americas Securities LLC Takes $213,000 Position in Rentokil Initial plc (NYSE:RTO)

SG Americas Securities LLC purchased a new stake in Rentokil Initial plc (NYSE:RTO) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 8,424 shares of the company’s stock, valued at approximately $213,000.

A number of other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its position in 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 during the last quarter. Anthracite Investment Company Inc. grew its position in shares of Rentokil Initial by 211.3% in the third quarter. Anthracite Investment Company Inc. now owns 214,402 shares of the company’s stock valued at $5,345,000 after purchasing an additional 145,528 shares during the last quarter. Oppenheimer & Co. Inc. grew its stake in shares of Rentokil Initial by 165.8% in the third quarter. Oppenheimer & Co. Inc. now owns 55,604 shares of the company’s stock valued at $1,386,000 after acquiring an additional 34,687 shares in the last quarter. Veracity Capital LLC bought a new stake in shares of Rentokil Initial in the third quarter valued at approximately $644,000. Finally, Janus Henderson Group PLC increased its holdings in Rentokil Initial by 3.8% in the 3rd quarter. Janus Henderson Group PLC now owns 16,990,179 shares of the company’s stock valued at $423,573,000 after buying an additional 617,227 shares during the period. Institutional investors and hedge funds own 9.91% of the company’s stock.

Rentokil Initial Stock Performance

Shares of NYSE:RTO opened at $24.86 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.96 and a debt-to-equity ratio of 0.75. Rentokil Initial plc has a 52 week low of $22.40 and a 52 week high of $34.07. The firm’s fifty day moving average is $25.03 and its 200-day moving average is $26.64.

Analysts Set New Price Targets

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