Keystone Financial Services acquired a new position in shares of Rentokil Initial plc (NYSE:RTO - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,335 shares of the company's stock, valued at approximately $236,000.
Other large investors have also recently added to or reduced their stakes in the company. Valley Wealth Managers Inc. bought a new stake in Rentokil Initial during the third quarter worth about $29,000. Assetmark Inc. bought a new stake in Rentokil Initial during the third quarter worth about $36,000. Sunbelt Securities Inc. grew its stake in Rentokil Initial by 30.1% during the third quarter. Sunbelt Securities Inc. now owns 1,737 shares of the company's stock worth $43,000 after buying an additional 402 shares during the last quarter. CENTRAL TRUST Co grew its stake in Rentokil Initial by 15,208.3% during the fourth quarter. CENTRAL TRUST Co now owns 1,837 shares of the company's stock worth $47,000 after buying an additional 1,825 shares during the last quarter. Finally, Whittier Trust Co. grew its stake in shares of Rentokil Initial by 200.8% during the third quarter. Whittier Trust Co. now owns 2,274 shares of the company's stock valued at $57,000 after purchasing an additional 1,518 shares during the last quarter. 9.91% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Separately, Citigroup raised shares of Rentokil Initial to a "strong-buy" rating in a research note on Friday, December 13th. Four investment analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy".
Read Our Latest Stock Analysis on RTO
Rentokil Initial Price Performance
Shares of RTO traded down $0.25 during mid-day trading on Thursday, hitting $26.19. 395,879 shares of the company traded hands, compared to its average volume of 522,536. Rentokil Initial plc has a one year low of $22.40 and a one year high of $34.07. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.04 and a quick ratio of 0.96. The business has a 50-day moving average of $25.04 and a 200 day moving average of $26.32.
About Rentokil Initial
(
Free Report)
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.
Further Reading
Before you consider Rentokil Initial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rentokil Initial wasn't on the list.
While Rentokil Initial currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
