Asset Management One Co. Ltd. Has $193,000 Stock Holdings in Rentokil Initial plc (NYSE:RTO)

Asset Management One Co. Ltd. lessened its holdings in Rentokil Initial plc (NYSE:RTO) by 5.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,608 shares of the company’s stock after selling 420 shares during the period. Asset Management One Co. Ltd.’s holdings in Rentokil Initial were worth $193,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Anthracite Investment Company Inc. raised its position in Rentokil Initial by 211.3% in the third quarter. Anthracite Investment Company Inc. now owns 214,402 shares of the company’s stock worth $5,345,000 after purchasing an additional 145,528 shares in the last quarter. Oppenheimer & Co. Inc. increased its holdings in shares of Rentokil Initial by 165.8% during the third quarter. Oppenheimer & Co. Inc. now owns 55,604 shares of the company’s stock worth $1,386,000 after buying an additional 34,687 shares in the last quarter. Janus Henderson Group PLC increased its holdings in shares of Rentokil Initial by 3.8% during the third quarter. Janus Henderson Group PLC now owns 16,990,179 shares of the company’s stock worth $423,573,000 after buying an additional 617,227 shares in the last quarter. ABS Direct Equity Fund LLC increased its holdings in shares of Rentokil Initial by 28.1% during the fourth quarter. ABS Direct Equity Fund LLC now owns 160,000 shares of the company’s stock worth $4,051,000 after buying an additional 35,100 shares in the last quarter. Finally, Stephens Inc. AR increased its holdings in shares of Rentokil Initial by 6.1% during the fourth quarter. Stephens Inc. AR now owns 431,185 shares of the company’s stock worth $10,918,000 after buying an additional 24,699 shares in the last quarter. Institutional investors and hedge funds own 9.91% of the company’s stock.

Rentokil Initial Stock Performance

NYSE RTO opened at $26.19 on Friday. The company has a 50 day moving average of $25.04 and a 200-day moving average of $26.32. The company has a quick ratio of 0.96, a current ratio of 1.04 and a debt-to-equity ratio of 0.75. Rentokil Initial plc has a 1-year low of $22.40 and a 1-year high of $34.07.

Analyst Upgrades and Downgrades

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 issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Rentokil Initial Company 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.