Motley Fool Wealth Management LLC Has $7.12 Million Stock Position in Rentokil Initial PLC $RTO

Motley Fool Wealth Management LLC lowered its position in Rentokil Initial PLC (NYSE:RTOFree Report) by 14.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 241,718 shares of the company’s stock after selling 42,337 shares during the quarter. Motley Fool Wealth Management LLC’s holdings in Rentokil Initial were worth $7,121,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RTO. Jane Street Group LLC grew its stake in Rentokil Initial by 292.0% in the first quarter. Jane Street Group LLC now owns 117,341 shares of the company’s stock valued at $2,687,000 after purchasing an additional 87,405 shares in the last quarter. Creative Planning purchased a new position in Rentokil Initial in the second quarter valued at about $393,000. JPMorgan Chase & Co. grew its stake in Rentokil Initial by 2,549.7% in the second quarter. JPMorgan Chase & Co. now owns 93,165 shares of the company’s stock valued at $2,236,000 after purchasing an additional 89,649 shares in the last quarter. Russell Investments Group Ltd. grew its stake in Rentokil Initial by 40.0% in the second quarter. Russell Investments Group Ltd. now owns 4,582 shares of the company’s stock valued at $110,000 after purchasing an additional 1,309 shares in the last quarter. Finally, M&T Bank Corp grew its stake in Rentokil Initial by 19.7% in the second quarter. M&T Bank Corp now owns 10,557 shares of the company’s stock valued at $253,000 after purchasing an additional 1,736 shares in the last quarter. Hedge funds and other institutional investors own 9.91% of the company’s stock.

Rentokil Initial Stock Performance

Shares of RTO stock opened at $30.19 on Wednesday. Rentokil Initial PLC has a 12 month low of $22.72 and a 12 month high of $34.67. The company has a current ratio of 1.16, a quick ratio of 1.07 and a debt-to-equity ratio of 0.76. The business’s 50 day moving average is $32.33 and its two-hundred day moving average is $31.17.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Oppenheimer boosted their target price on Rentokil Initial from $30.00 to $35.00 and gave the company an “outperform” rating in a research note on Tuesday, March 10th. Wall Street Zen downgraded Rentokil Initial from a “buy” rating to a “hold” rating in a research note on Sunday, April 5th. Zacks Research upgraded Rentokil Initial from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft downgraded Rentokil Initial from a “buy” rating to a “hold” rating in a research note on Tuesday, February 24th. Finally, Rothschild & Co Redburn raised Rentokil Initial from a “sell” rating to a “neutral” rating in a research report on Wednesday, March 11th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $34.50.

Check Out Our Latest Research Report on Rentokil Initial

Rentokil Initial Company Profile

(Free Report)

Rentokil Initial PLC is a global business services company specializing in pest control, hygiene and workwear services. Headquartered in Crawley, West Sussex, United Kingdom, the company delivers outsourced solutions designed to protect people, preserve assets and enhance workplaces for both commercial and residential customers.

Under the Rentokil Pest Control brand, the company offers services ranging from routine inspections and treatment of insects, rodents and birds to specialised programmes for food manufacturing and healthcare environments.

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Institutional Ownership by Quarter for Rentokil Initial (NYSE:RTO)

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