Advisor OS LLC Makes New $1.01 Million Investment in Rentokil Initial PLC $RTO

Advisor OS LLC purchased a new position in shares of Rentokil Initial PLC (NYSE:RTO) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 40,160 shares of the company’s stock, valued at approximately $1,014,000.

Several other large investors have also made changes to their positions in RTO. Pullen Investment Management LLC increased its holdings in Rentokil Initial by 0.7% in the third quarter. Pullen Investment Management LLC now owns 48,758 shares of the company’s stock worth $1,231,000 after buying an additional 359 shares during the last quarter. Vestmark Advisory Solutions Inc. lifted its stake in Rentokil Initial by 2.0% in the third quarter. Vestmark Advisory Solutions Inc. now owns 21,228 shares of the company’s stock valued at $536,000 after acquiring an additional 414 shares during the last quarter. Keystone Financial Services grew its position in Rentokil Initial by 7.9% in the second quarter. Keystone Financial Services now owns 12,292 shares of the company’s stock worth $295,000 after acquiring an additional 900 shares in the last quarter. SkyView Investment Advisors LLC increased its stake in shares of Rentokil Initial by 2.8% during the 2nd quarter. SkyView Investment Advisors LLC now owns 39,436 shares of the company’s stock worth $960,000 after purchasing an additional 1,067 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in shares of Rentokil Initial by 171.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,726 shares of the company’s stock worth $43,000 after purchasing an additional 1,089 shares during the last quarter. Institutional investors own 9.91% of the company’s stock.

Rentokil Initial Stock Up 1.5%

NYSE:RTO opened at $31.25 on Friday. The company has a current ratio of 1.12, a quick ratio of 1.03 and a debt-to-equity ratio of 0.79. Rentokil Initial PLC has a one year low of $19.60 and a one year high of $33.46. The company has a fifty day moving average price of $31.26 and a 200 day moving average price of $28.09.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Morgan Stanley raised shares of Rentokil Initial from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, January 6th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Rentokil Initial in a report on Friday, November 21st. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Rentokil Initial in a research report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft downgraded Rentokil Initial from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Rothschild & Co Redburn lowered Rentokil Initial from a “hold” rating to a “strong sell” rating in a report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Rentokil Initial currently has an average rating of “Hold” and a consensus target price of $34.00.

Rentokil Initial Profile

Rentokil Initial PLC is a global business services company specializing in pest control, hygiene and workwear services. Headquartered in Crawley, West Sussex, United Kingdom, the company delivers outsourced solutions designed to protect people, preserve assets and enhance workplaces for both commercial and residential customers.

Under the Rentokil Pest Control brand, the company offers services ranging from routine inspections and treatment of insects, rodents and birds to specialised programmes for food manufacturing and healthcare environments.