Signaturefd LLC decreased its position in shares of Rentokil Initial plc (NYSE:RTO – Free Report) by 22.5% in the third quarter, HoldingsChannel reports. The firm owned 9,543 shares of the company’s stock after selling 2,778 shares during the quarter. Signaturefd LLC’s holdings in Rentokil Initial were worth $238,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in RTO. Lazard Asset Management LLC grew its position in shares of Rentokil Initial by 345,196.7% during the first quarter. Lazard Asset Management LLC now owns 1,560,741 shares of the company’s stock valued at $47,056,000 after purchasing an additional 1,560,289 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in shares of Rentokil Initial by 130.7% during the second quarter. The Manufacturers Life Insurance Company now owns 1,839,135 shares of the company’s stock valued at $54,530,000 after purchasing an additional 1,041,860 shares in the last quarter. Nicholas Company Inc. purchased a new position in shares of Rentokil Initial during the second quarter valued at about $6,093,000. Iridian Asset Management LLC CT grew its position in shares of Rentokil Initial by 47.7% during the second quarter. Iridian Asset Management LLC CT now owns 542,694 shares of the company’s stock valued at $16,091,000 after purchasing an additional 175,304 shares in the last quarter. Finally, Clearbridge Investments LLC grew its position in shares of Rentokil Initial by 5.7% during the first quarter. Clearbridge Investments LLC now owns 2,015,514 shares of the company’s stock valued at $60,768,000 after purchasing an additional 109,561 shares in the last quarter. Hedge funds and other institutional investors own 9.91% of the company’s stock.
Rentokil Initial Trading Up 0.1 %
Shares of NYSE:RTO opened at $24.71 on Friday. The company has a quick ratio of 0.96, a current ratio of 1.04 and a debt-to-equity ratio of 0.75. Rentokil Initial plc has a 12 month low of $22.40 and a 12 month high of $34.07. The company has a 50-day moving average price of $26.99 and a 200 day moving average price of $28.04.
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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.
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