Rentokil Initial plc (NYSE:RTO) Receives Average Rating of "Moderate Buy" from Analysts

Rentokil Initial plc (NYSE:RTO - Get Free Report) has been given an average rating of "Moderate Buy" by the seven research firms that are covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company.

RTO has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Rentokil Initial in a report on Friday, March 7th. Citigroup upgraded Rentokil Initial to a "strong-buy" rating in a research report on Friday, December 13th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Cape Investment Advisory Inc. boosted its holdings 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 purchasing an additional 594 shares during the period. Sunbelt Securities Inc. raised its position in shares of Rentokil Initial by 30.1% during the third quarter. Sunbelt Securities Inc. now owns 1,737 shares of the company's stock valued at $43,000 after buying an additional 402 shares during the last quarter. CENTRAL TRUST Co lifted its stake 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 buying an additional 1,825 shares during the period. Smartleaf Asset Management LLC grew its position in Rentokil Initial by 486.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,942 shares of the company's stock worth $49,000 after buying an additional 1,611 shares in the last quarter. Finally, Cromwell Holdings LLC acquired a new stake in Rentokil Initial during the fourth quarter worth about $59,000. Institutional investors and hedge funds own 9.91% of the company's stock.

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Rentokil Initial Stock Down 0.1 %

Shares of Rentokil Initial stock traded down $0.03 on Friday, hitting $22.87. 933,716 shares of the company's stock traded hands, compared to its average volume of 760,675. Rentokil Initial has a 52-week low of $20.60 and a 52-week high of $34.07. The company has a quick ratio of 0.96, a current ratio of 1.04 and a debt-to-equity ratio of 0.75. The stock has a market cap of $11.55 billion, a P/E ratio of 15.16, a PEG ratio of 7.95 and a beta of 1.14. The firm's 50-day moving average is $24.18 and its 200 day moving average is $24.79.

Rentokil Initial Announces Dividend

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

About Rentokil Initial

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.