Rentokil Initial plc (NYSE:RTO - Get Free Report)'s share price gapped down prior to trading on Monday . The stock had previously closed at $22.49, but opened at $21.93. Rentokil Initial shares last traded at $22.11, with a volume of 104,120 shares changing hands.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Rentokil Initial in a research note on Friday, March 7th. Four investment analysts have rated the stock with a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy".
Read Our Latest Research Report on Rentokil Initial
Rentokil Initial Price Performance
The business has a 50-day moving average of $23.29 and a 200 day moving average of $24.46. The firm has a market capitalization of $11.66 billion, a P/E ratio of 15.30, a price-to-earnings-growth ratio of 7.95 and a beta of 1.07. 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 Dividend Announcement
The company also recently announced a semi-annual dividend, which will be paid on Thursday, May 15th. Investors of record on Friday, April 4th will be issued a $0.3825 dividend. This represents a dividend yield of 2.4%. The ex-dividend date is Friday, April 4th. Rentokil Initial's dividend payout ratio is currently 43.71%.
Institutional Trading of Rentokil Initial
A number of hedge funds and other institutional investors have recently bought and sold shares of RTO. Cape Investment Advisory Inc. lifted its position in Rentokil Initial by 65.2% in the 4th quarter. Cape Investment Advisory Inc. now owns 1,505 shares of the company's stock valued at $38,000 after acquiring an additional 594 shares in the last quarter. CENTRAL TRUST Co lifted its holdings in shares of Rentokil Initial by 15,208.3% in the fourth quarter. CENTRAL TRUST Co now owns 1,837 shares of the company's stock valued at $47,000 after purchasing an additional 1,825 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in shares of Rentokil Initial by 486.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,942 shares of the company's stock valued at $49,000 after buying an additional 1,611 shares during the last quarter. Cromwell Holdings LLC bought a new stake in Rentokil Initial during the fourth quarter worth $59,000. Finally, Blue Trust Inc. raised its position in Rentokil Initial by 140.4% in the 4th quarter. Blue Trust Inc. now owns 2,402 shares of the company's stock valued at $60,000 after buying an additional 1,403 shares during the last quarter. Institutional investors own 9.91% of the company's stock.
About Rentokil Initial
(
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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.
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