Rentokil Initial plc (NYSE:RTO) Shares Bought by Principal Securities Inc.

Principal Securities Inc. boosted its stake in shares of Rentokil Initial plc (NYSE:RTO) by 41.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 35,599 shares of the company’s stock after buying an additional 10,376 shares during the quarter. Principal Securities Inc.’s holdings in Rentokil Initial were worth $901,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in RTO. Valley Wealth Managers Inc. purchased a new position in shares of Rentokil Initial during the third quarter valued at approximately $29,000. Assetmark Inc. purchased a new position in shares of Rentokil Initial during the third quarter valued at approximately $36,000. Sunbelt Securities Inc. lifted its stake in shares of Rentokil Initial by 30.1% during the third quarter. Sunbelt Securities Inc. now owns 1,737 shares of the company’s stock valued at $43,000 after buying an additional 402 shares during the period. CENTRAL TRUST Co raised its stake in Rentokil Initial by 15,208.3% during the fourth quarter. CENTRAL TRUST Co now owns 1,837 shares of the company’s stock worth $47,000 after purchasing an additional 1,825 shares during the period. Finally, Whittier Trust Co. raised its stake in Rentokil Initial by 200.8% during the third 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 period. 9.91% of the stock is currently owned by institutional investors and hedge funds.

Rentokil Initial Trading Down 0.9 %

NYSE:RTO opened at $26.19 on Friday. 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 fifty-two week low of $22.40 and a fifty-two week high of $34.07. The firm’s 50 day moving average is $25.04 and its two-hundred day moving average is $26.32.

Analyst Ratings Changes

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

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.