Rentokil Initial plc (NYSE:RTO) Shares Purchased by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC increased its position in Rentokil Initial plc (NYSE:RTO - Free Report) by 6.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 472,812 shares of the company's stock after purchasing an additional 27,724 shares during the quarter. Motley Fool Asset Management LLC owned 0.09% of Rentokil Initial worth $11,972,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Cape Investment Advisory Inc. grew its position 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 in the last quarter. Sunbelt Securities Inc. increased its position in shares of Rentokil Initial by 30.1% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,737 shares of the company's stock worth $43,000 after purchasing an additional 402 shares during the last quarter. CENTRAL TRUST Co lifted its position in shares of 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 purchasing an additional 1,825 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in Rentokil Initial by 486.7% in 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. Finally, Cromwell Holdings LLC acquired a new stake in Rentokil Initial during the fourth quarter valued at approximately $59,000. 9.91% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on RTO shares. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Rentokil Initial in a report on Friday, March 7th. Citigroup raised shares of Rentokil Initial to a "strong-buy" rating in a report on Friday, December 13th. 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 company's stock. According to data from MarketBeat.com, Rentokil Initial currently has an average rating of "Moderate Buy".

Rentokil Initial Price Performance

RTO stock traded up $0.60 during trading on Tuesday, hitting $20.49. The company had a trading volume of 478,579 shares, compared to its average volume of 743,304. Rentokil Initial plc has a fifty-two week low of $19.60 and a fifty-two week high of $34.07. The firm has a market capitalization of $10.35 billion, a price-to-earnings ratio of 13.55, a P/E/G ratio of 7.95 and a beta of 1.07. The business has a 50 day moving average of $23.98 and a 200 day moving average of $24.69. 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 Announces Dividend

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