Townsquare Capital LLC Has $654,000 Stock Holdings in Rentokil Initial plc (NYSE:RTO)

Townsquare Capital LLC trimmed its holdings in shares of Rentokil Initial plc (NYSE:RTOFree Report) by 26.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,810 shares of the company’s stock after selling 9,078 shares during the quarter. Townsquare Capital LLC’s holdings in Rentokil Initial were worth $654,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. River Road Asset Management LLC increased its holdings in Rentokil Initial by 114.2% in the fourth quarter. River Road Asset Management LLC now owns 3,786,010 shares of the company’s stock valued at $95,862,000 after purchasing an additional 2,018,866 shares during the period. MIG Capital LLC grew its position in shares of Rentokil Initial by 29.1% in the 4th quarter. MIG Capital LLC now owns 1,543,879 shares of the company’s stock valued at $39,091,000 after buying an additional 347,882 shares during the last quarter. Alberta Investment Management Corp raised its position in shares of Rentokil Initial by 21.6% during the fourth quarter. Alberta Investment Management Corp now owns 1,312,471 shares of the company’s stock worth $33,232,000 after acquiring an additional 232,871 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in shares of Rentokil Initial by 109.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,091,475 shares of the company’s stock worth $27,636,000 after acquiring an additional 570,330 shares during the period. Finally, Nichols & Pratt Advisers LLP MA boosted its holdings in Rentokil Initial by 11.0% in the fourth quarter. Nichols & Pratt Advisers LLP MA now owns 793,679 shares of the company’s stock valued at $20,096,000 after acquiring an additional 78,953 shares during the last quarter. Institutional investors own 9.91% of the company’s stock.

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 equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Get Our Latest Research Report on RTO

Rentokil Initial Stock Up 5.8 %

Shares of NYSE:RTO opened at $23.10 on Friday. The business’s 50-day moving average is $23.29 and its 200-day moving average is $24.46. Rentokil Initial plc has a 1 year low of $19.60 and a 1 year high of $34.07. The company has a market capitalization of $11.66 billion, a price-to-earnings ratio of 15.30, a P/E/G ratio of 7.95 and a beta of 1.07. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.04 and a quick ratio of 0.96.

Rentokil Initial Announces Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Thursday, May 15th. Shareholders 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 43.71%.

Rentokil Initial Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Rentokil Initial (NYSE:RTO)

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