Cromwell Holdings LLC Takes Position in Rentokil Initial plc (NYSE:RTO)

Cromwell Holdings LLC bought a new stake in Rentokil Initial plc (NYSE:RTO) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 2,321 shares of the company’s stock, valued at approximately $59,000.

A number of other institutional investors have also modified their holdings of the stock. Alberta Investment Management Corp raised its stake in shares of 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 raised its stake in shares of Rentokil Initial by 256.3% in the 4th quarter. Venturi Wealth Management LLC now owns 2,672 shares of the company’s stock valued at $68,000 after purchasing an additional 1,922 shares in the last quarter. Keystone Financial Services acquired a new stake in shares of Rentokil Initial in the 4th quarter valued at about $236,000. Principal Securities Inc. raised its stake in shares of Rentokil Initial by 41.1% in the 4th quarter. Principal Securities Inc. now owns 35,599 shares of the company’s stock valued at $901,000 after purchasing an additional 10,376 shares in the last quarter. Finally, Stephens Inc. AR raised its stake in shares of Rentokil Initial by 6.1% in the 4th quarter. Stephens Inc. AR now owns 431,185 shares of the company’s stock valued at $10,918,000 after purchasing an additional 24,699 shares in the last quarter. Institutional investors and hedge funds own 9.91% of the company’s stock.

Analyst Ratings Changes

Separately, Citigroup upgraded shares of Rentokil Initial to a “strong-buy” rating in a research note on Friday, December 13th. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Rentokil Initial Trading Down 0.9 %

RTO opened at $26.19 on Friday. Rentokil Initial plc has a fifty-two week low of $22.40 and a fifty-two week high of $34.07. The company’s 50-day moving average price is $25.04 and its 200 day moving average price is $26.32. The company has a current ratio of 1.04, a quick ratio of 0.96 and a debt-to-equity ratio of 0.75.

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.