Rentokil Initial PLC $RTO Shares Sold by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lowered its position in shares of Rentokil Initial PLC (NYSE:RTO) by 29.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 705,828 shares of the company’s stock after selling 290,991 shares during the period. Rockefeller Capital Management L.P. owned 0.14% of Rentokil Initial worth $16,940,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. Parallel Advisors LLC boosted its stake in Rentokil Initial by 416.9% during the 2nd quarter. Parallel Advisors LLC now owns 1,132 shares of the company’s stock valued at $27,000 after purchasing an additional 913 shares during the period. IFP Advisors Inc raised its holdings in shares of Rentokil Initial by 115.5% during the second quarter. IFP Advisors Inc now owns 1,282 shares of the company’s stock valued at $31,000 after buying an additional 687 shares during the last quarter. Brooklyn Investment Group boosted its position in shares of Rentokil Initial by 668.3% during the first quarter. Brooklyn Investment Group now owns 1,598 shares of the company’s stock worth $37,000 after buying an additional 1,390 shares during the period. State of Wyoming acquired a new position in shares of Rentokil Initial during the first quarter worth approximately $46,000. Finally, Cape Investment Advisory Inc. grew its holdings in Rentokil Initial by 67.4% in the 1st quarter. Cape Investment Advisory Inc. now owns 2,519 shares of the company’s stock worth $58,000 after buying an additional 1,014 shares in the last quarter. 9.91% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

RTO has been the topic of several recent analyst reports. Zacks Research raised Rentokil Initial from a “strong sell” rating to a “hold” rating in a research note on Friday, October 10th. Berenberg Bank upgraded shares of Rentokil Initial to a “strong sell” rating in a research note on Monday, September 29th. Jefferies Financial Group raised shares of Rentokil Initial to a “strong-buy” rating in a report on Wednesday, October 8th. Weiss Ratings reissued a “hold (c-)” rating on shares of Rentokil Initial in a research note on Wednesday, October 8th. Finally, Sanford C. Bernstein upgraded shares of Rentokil Initial from an “underperform” rating to an “outperform” rating in a research report on Tuesday, October 7th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Rentokil Initial presently has an average rating of “Moderate Buy”.

Rentokil Initial Stock Down 0.2%

Shares of RTO stock opened at $26.26 on Wednesday. The stock has a 50-day simple moving average of $26.46 and a 200 day simple moving average of $24.86. Rentokil Initial PLC has a fifty-two week low of $19.60 and a fifty-two week high of $30.10.

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.