Alberta Investment Management Corp Has $33.23 Million Holdings in Rentokil Initial plc (NYSE:RTO)

Alberta Investment Management Corp boosted its holdings in Rentokil Initial plc (NYSE:RTO) by 21.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,312,471 shares of the company’s stock after acquiring an additional 232,871 shares during the period. Alberta Investment Management Corp’s holdings in Rentokil Initial were worth $33,232,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Venturi Wealth Management LLC raised its stake in Rentokil Initial by 256.3% in the 4th quarter. Venturi Wealth Management LLC now owns 2,672 shares of the company’s stock valued at $68,000 after acquiring an additional 1,922 shares during the period. Keystone Financial Services bought a new position in Rentokil Initial during the 4th quarter worth $236,000. Principal Securities Inc. increased its position in shares of Rentokil Initial by 41.1% in the fourth quarter. Principal Securities Inc. now owns 35,599 shares of the company’s stock worth $901,000 after purchasing an additional 10,376 shares during the period. Stephens Inc. AR increased its position in shares of Rentokil Initial by 6.1% in the fourth quarter. Stephens Inc. AR now owns 431,185 shares of the company’s stock worth $10,918,000 after purchasing an additional 24,699 shares during the period. Finally, Iridian Asset Management LLC CT increased its position in shares of Rentokil Initial by 1.2% in the fourth quarter. Iridian Asset Management LLC CT now owns 728,764 shares of the company’s stock worth $18,452,000 after purchasing an additional 8,969 shares during the period. Institutional investors own 9.91% of the company’s stock.

Rentokil Initial Trading Up 0.1 %

Shares of NYSE RTO opened at $27.04 on Wednesday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.96 and a current ratio of 1.04. Rentokil Initial plc has a 52 week low of $22.40 and a 52 week high of $34.07. The stock’s fifty day moving average is $25.02 and its 200 day moving average is $26.34.

Analyst Ratings Changes

Separately, Citigroup upgraded Rentokil Initial to a “strong-buy” rating in a research report on Friday, December 13th. Four research analysts have rated the stock with a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

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.