Bleakley Financial Group LLC grew its holdings in Rentokil Initial PLC (NYSE:RTO – Free Report) by 28.1% during the 1st quarter, Holdings Channel reports. The fund owned 78,649 shares of the company’s stock after purchasing an additional 17,258 shares during the period. Bleakley Financial Group LLC’s holdings in Rentokil Initial were worth $2,476,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd raised its holdings in shares of Rentokil Initial by 222.2% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,163 shares of the company’s stock worth $34,000 after purchasing an additional 802 shares during the last quarter. GAMMA Investing LLC lifted its position in Rentokil Initial by 76.5% during the fourth quarter. GAMMA Investing LLC now owns 1,232 shares of the company’s stock valued at $36,000 after purchasing an additional 534 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Rentokil Initial in the fourth quarter valued at $39,000. V Square Quantitative Management LLC boosted its holdings in Rentokil Initial by 84.5% in the first quarter. V Square Quantitative Management LLC now owns 1,395 shares of the company’s stock valued at $44,000 after purchasing an additional 639 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in Rentokil Initial by 296.3% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,954 shares of the company’s stock worth $58,000 after purchasing an additional 1,461 shares during the period. Institutional investors and hedge funds own 9.91% of the company’s stock.
Rentokil Initial Price Performance
Shares of NYSE RTO opened at $30.45 on Friday. The company’s fifty day moving average price is $30.27 and its 200 day moving average price is $31.37. Rentokil Initial PLC has a 1 year low of $22.77 and a 1 year high of $34.67. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.16 and a quick ratio of 1.07.
Analyst Ratings Changes
Read Our Latest Stock Analysis on Rentokil Initial
Rentokil Initial Profile
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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