Mediolanum International Funds Ltd purchased a new stake in Rentokil Initial plc (NYSE:RTO – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,033,458 shares of the company’s stock, valued at approximately $25,764,000. Mediolanum International Funds Ltd owned 0.20% of Rentokil Initial at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the company. Whittier Trust Co. boosted its stake in Rentokil Initial by 200.8% in the 3rd quarter. Whittier Trust Co. now owns 2,274 shares of the company’s stock valued at $57,000 after purchasing an additional 1,518 shares during the period. Castleview Partners LLC bought a new stake in shares of Rentokil Initial during the 3rd quarter valued at $177,000. Allspring Global Investments Holdings LLC lifted its position in shares of Rentokil Initial by 40.5% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 4,040 shares of the company’s stock valued at $101,000 after acquiring an additional 1,164 shares during the period. Veracity Capital LLC bought a new stake in shares of Rentokil Initial during the 3rd quarter valued at $644,000. Finally, Bar Harbor Wealth Management lifted its position in shares of Rentokil Initial by 7.1% during the 3rd quarter. Bar Harbor Wealth Management now owns 314,773 shares of the company’s stock valued at $7,847,000 after acquiring an additional 20,935 shares during the period. 9.91% of the stock is currently owned by institutional investors.
Rentokil Initial Trading Up 1.1 %
Shares of RTO stock traded up $0.28 during trading hours on Friday, reaching $24.96. The company had a trading volume of 108,408 shares, compared to its average volume of 726,969. The company has a quick ratio of 0.96, a current ratio of 1.04 and a debt-to-equity ratio of 0.75. The business has a fifty day simple moving average of $27.13 and a 200-day simple moving average of $28.08. Rentokil Initial plc has a 12 month low of $22.40 and a 12 month high of $34.07.
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Rentokil Initial Company Profile
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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