Natixis Advisors LLC Has $521,000 Stock Position in Rentokil Initial plc (NYSE:RTO)

Natixis Advisors LLC trimmed its position in Rentokil Initial plc (NYSE:RTO - Free Report) by 80.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 20,595 shares of the company's stock after selling 85,314 shares during the period. Natixis Advisors LLC's holdings in Rentokil Initial were worth $521,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Cape Investment Advisory Inc. raised its stake in shares of Rentokil Initial by 65.2% during the fourth quarter. Cape Investment Advisory Inc. now owns 1,505 shares of the company's stock worth $38,000 after buying an additional 594 shares during the last quarter. Sunbelt Securities Inc. grew its holdings in Rentokil Initial by 30.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,737 shares of the company's stock worth $43,000 after acquiring an additional 402 shares during the period. CENTRAL TRUST Co raised its position in shares of Rentokil Initial by 15,208.3% during the 4th quarter. CENTRAL TRUST Co now owns 1,837 shares of the company's stock valued at $47,000 after acquiring an additional 1,825 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Rentokil Initial by 486.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,942 shares of the company's stock valued at $49,000 after purchasing an additional 1,611 shares during the period. Finally, Cromwell Holdings LLC bought a new position in shares of Rentokil Initial in the 4th quarter worth $59,000. 9.91% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently commented on RTO shares. Citigroup upgraded Rentokil Initial to a "strong-buy" rating in a report on Friday, December 13th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Rentokil Initial in a research 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. According to MarketBeat.com, Rentokil Initial presently has an average rating of "Moderate Buy".

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Rentokil Initial Trading Up 0.1 %

NYSE:RTO traded up $0.02 on Monday, reaching $22.91. The company's stock had a trading volume of 702,360 shares, compared to its average volume of 727,090. Rentokil Initial plc has a 1-year low of $20.60 and a 1-year high of $34.07. The business's 50-day moving average price is $24.18 and its two-hundred day moving average price is $24.79. The firm has a market cap of $11.56 billion, a PE ratio of 15.17, a PEG ratio of 7.95 and a beta of 1.14. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.96 and a current ratio of 1.04.

Rentokil Initial Announces Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Thursday, May 15th. Stockholders of record on Friday, April 4th will be given 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 dividend payout ratio is 43.71%.

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.