Rentokil Initial plc (LON:RTO) Insider Sells £1,615,933.84 in Stock

Rentokil Initial plc (LON:RTO - Get Free Report) insider Andy M. Ransom sold 453,914 shares of the company's stock in a transaction on Wednesday, March 26th. The shares were sold at an average price of GBX 356 ($4.60), for a total value of £1,615,933.84 ($2,089,389.50).

Rentokil Initial Stock Down 0.8 %

LON:RTO traded down GBX 2.77 ($0.04) during mid-day trading on Monday, hitting GBX 347.60 ($4.49). The company had a trading volume of 3,982,884 shares, compared to its average volume of 15,768,556. Rentokil Initial plc has a 1 year low of GBX 315.30 ($4.08) and a 1 year high of GBX 517.60 ($6.69). The business has a fifty day simple moving average of GBX 378.10 and a 200-day simple moving average of GBX 391.71. The company has a current ratio of 1.04, a quick ratio of 1.76 and a debt-to-equity ratio of 113.35. The firm has a market capitalization of £8.71 billion, a price-to-earnings ratio of 22.30, a PEG ratio of 0.56 and a beta of 0.55.

Rentokil Initial (LON:RTO - Get Free Report) last announced its earnings results on Thursday, March 6th. The company reported GBX 21.25 ($0.27) EPS for the quarter. Rentokil Initial had a return on equity of 9.50% and a net margin of 7.25%. Equities analysts forecast that Rentokil Initial plc will post 25.8725561 earnings per share for the current fiscal year.

Rentokil Initial Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, May 14th. Stockholders of record on Thursday, April 3rd will be given a dividend of GBX 5.93 ($0.08) per share. This represents a dividend yield of 1.78%. This is a positive change from Rentokil Initial's previous dividend of $3.16. The ex-dividend date is Thursday, April 3rd. Rentokil Initial's payout ratio is presently 57.73%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft cut their price objective on Rentokil Initial from GBX 485 ($6.27) to GBX 465 ($6.01) and set a "buy" rating on the stock in a report on Friday, March 7th. JPMorgan Chase & Co. cut their price target on shares of Rentokil Initial from GBX 440 ($5.69) to GBX 430 ($5.56) and set a "neutral" rating on the stock in a report on Tuesday, January 14th.

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.