W.G. Shaheen & Associates DBA Whitney & Co Grows Stock Position in Rentokil Initial plc (NYSE:RTO)

W.G. Shaheen & Associates DBA Whitney & Co raised its holdings in shares of Rentokil Initial plc (NYSE:RTO) by 3.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 217,461 shares of the company’s stock after acquiring an additional 8,084 shares during the quarter. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in Rentokil Initial were worth $5,506,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. VisionPoint Advisory Group LLC lifted its position in shares of Rentokil Initial by 10.4% in the fourth quarter. VisionPoint Advisory Group LLC now owns 76,363 shares of the company’s stock valued at $1,916,000 after acquiring an additional 7,205 shares in the last quarter. Cromwell Holdings LLC acquired a new position in Rentokil Initial in the 4th quarter valued at about $59,000. Alberta Investment Management Corp lifted its holdings in Rentokil Initial by 21.6% in the 4th quarter. Alberta Investment Management Corp now owns 1,312,471 shares of the company’s stock valued at $33,232,000 after purchasing an additional 232,871 shares in the last quarter. Venturi Wealth Management LLC boosted its stake in shares of Rentokil Initial by 256.3% during the 4th quarter. Venturi Wealth Management LLC now owns 2,672 shares of the company’s stock worth $68,000 after purchasing an additional 1,922 shares during the last quarter. Finally, Keystone Financial Services purchased a new stake in shares of Rentokil Initial during the fourth quarter worth about $236,000. Institutional investors and hedge funds own 9.91% of the company’s stock.

Rentokil Initial Price Performance

NYSE RTO opened at $25.34 on Monday. The company’s fifty day simple moving average is $25.02 and its 200-day simple moving average is $26.24. Rentokil Initial plc has a 52 week low of $22.40 and a 52 week high of $34.07. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.04 and a quick ratio of 0.96.

Wall Street Analyst Weigh In

Separately, Citigroup raised 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 issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Rentokil Initial currently has an average 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.