21,912 Shares in Rentokil Initial plc (NYSE:RTO) Acquired by MSH Capital Advisors LLC

MSH Capital Advisors LLC acquired a new stake 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 21,912 shares of the company's stock, valued at approximately $555,000.

A number of other institutional investors have also added to or reduced their stakes in RTO. Marshall Wace LLP increased its stake in shares of Rentokil Initial by 136.3% in the 4th quarter. Marshall Wace LLP now owns 440,438 shares of the company's stock worth $11,152,000 after purchasing an additional 254,028 shares in the last quarter. Gabelli Funds LLC boosted its holdings in Rentokil Initial by 18.6% in the 4th quarter. Gabelli Funds LLC now owns 76,500 shares of the company's stock valued at $1,937,000 after purchasing an additional 12,000 shares in the last quarter. Broyhill Asset Management acquired a new stake in shares of Rentokil Initial in the 4th quarter worth approximately $2,797,000. Harber Asset Management LLC purchased a new stake in Rentokil Initial during the 4th quarter worth about $6,485,000. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of Rentokil Initial by 109.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,091,475 shares of the company's stock worth $27,636,000 after buying an additional 570,330 shares during the last quarter. 9.91% of the stock is currently owned by institutional investors.

Rentokil Initial Trading Up 0.3 %

RTO traded up $0.08 on Tuesday, hitting $23.03. 1,410,573 shares of the company were exchanged, compared to its average volume of 753,083. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.96 and a current ratio of 1.04. The firm has a fifty day simple moving average of $23.23 and a two-hundred day simple moving average of $24.45. The stock has a market capitalization of $11.63 billion, a PE ratio of 15.24, a price-to-earnings-growth ratio of 7.95 and a beta of 1.07. Rentokil Initial plc has a 12 month low of $19.60 and a 12 month high of $34.07.

Rentokil Initial Announces Dividend

The business also recently declared a semi-annual dividend, which will be paid on Thursday, May 15th. Stockholders of record on Friday, April 4th will be issued a dividend of $0.3825 per share. This represents a dividend yield of 2.4%. The ex-dividend date is Friday, April 4th. Rentokil Initial's payout ratio is presently 43.71%.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Rentokil Initial in a report on Friday, March 7th. Four 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 company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy".

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.