Rentokil Initial plc (NYSE:RTO) Shares Sold by RBF Capital LLC

by · The Cerbat Gem

RBF Capital LLC decreased its holdings in Rentokil Initial plc (NYSE:RTO – Free Report) by 16.1% in the 4th quarter, HoldingsChannel reports. The firm owned 25,000 shares of the company’s stock after selling 4,798 shares during the quarter. RBF Capital LLC’s holdings in Rentokil Initial were worth $633,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Cape Investment Advisory Inc. increased its position in shares of Rentokil Initial by 65.2% during the 4th quarter. Cape Investment Advisory Inc. now owns 1,505 shares of the company’s stock valued at $38,000 after purchasing an additional 594 shares during the period. MML Investors Services LLC raised its position in Rentokil Initial by 0.8% in the fourth quarter. MML Investors Services LLC now owns 90,687 shares of the company’s stock worth $2,296,000 after acquiring an additional 704 shares in the last quarter. Exencial Wealth Advisors LLC lifted its holdings in Rentokil Initial by 2.3% in the 4th quarter. Exencial Wealth Advisors LLC now owns 43,532 shares of the company’s stock valued at $1,102,000 after acquiring an additional 972 shares during the last quarter. Russell Investments Group Ltd. boosted its position in shares of Rentokil Initial by 63.9% during the 4th quarter. Russell Investments Group Ltd. now owns 3,287 shares of the company’s stock valued at $83,000 after purchasing an additional 1,281 shares in the last quarter. Finally, Blue Trust Inc. grew its stake in shares of Rentokil Initial by 140.4% in the 4th quarter. Blue Trust Inc. now owns 2,402 shares of the company’s stock worth $60,000 after purchasing an additional 1,403 shares during the last quarter. 9.91% of the stock is owned by institutional investors and hedge funds.

Rentokil Initial Trading Down 1.0 %

Shares of NYSE RTO opened at $22.57 on Thursday. 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 12 month low of $19.60 and a 12 month high of $34.07. The company has a market cap of $11.40 billion, a price-to-earnings ratio of 14.95, a P/E/G ratio of 7.95 and a beta of 1.07. The business has a fifty day simple moving average of $23.07 and a 200-day simple moving average of $24.42.

Rentokil Initial Announces Dividend

The company also recently announced a semi-annual dividend, which will be paid on Thursday, May 15th. Shareholders of record on Friday, April 4th will be issued a $0.3825 dividend. This represents a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, April 4th. Rentokil Initial’s payout ratio is 43.71%.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Rentokil Initial in a research note on Friday, March 7th. Three equities research analysts have rated the stock with a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Rentokil Initial has an average rating of “Moderate Buy”.

View Our Latest Stock Analysis on RTO

About Rentokil Initial

(Free Report)

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.

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