OneDigital Investment Advisors LLC Sells 8,297 Shares of Rentokil Initial plc (NYSE:RTO)

OneDigital Investment Advisors LLC lessened its stake in shares of Rentokil Initial plc (NYSE:RTO) by 43.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,829 shares of the company’s stock after selling 8,297 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Rentokil Initial were worth $270,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of RTO. Rothschild Investment LLC bought a new position in shares of Rentokil Initial during the second quarter valued at $29,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Rentokil Initial by 403.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,052 shares of the company’s stock worth $31,000 after purchasing an additional 843 shares in the last quarter. Assetmark Inc. bought a new position in Rentokil Initial during the 3rd quarter valued at about $36,000. GPS Wealth Strategies Group LLC acquired a new position in Rentokil Initial in the second quarter valued at about $38,000. Finally, Sunbelt Securities Inc. bought a new stake in Rentokil Initial during the second quarter worth about $40,000. Institutional investors and hedge funds own 9.91% of the company’s stock.

Rentokil Initial Trading Up 1.4 %

Shares of Rentokil Initial stock opened at $25.98 on Friday. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.04 and a quick ratio of 0.96. The firm has a 50 day simple moving average of $24.98 and a 200 day simple moving average of $27.91. Rentokil Initial plc has a fifty-two week low of $22.40 and a fifty-two week high of $34.07.

Wall Street Analyst Weigh In

Several research analysts have recently commented on RTO shares. Redburn Atlantic downgraded Rentokil Initial from a “buy” rating to a “neutral” rating in a report on Thursday, September 19th. Barclays raised Rentokil Initial to a “strong-buy” rating in a research note on Friday, July 26th. Five investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $29.00.

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.