Rentokil Initial plc (NYSE:RTO) Shares Acquired by Exencial Wealth Advisors LLC

Exencial Wealth Advisors LLC boosted its stake in Rentokil Initial plc (NYSE:RTO) by 2.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,532 shares of the company’s stock after buying an additional 972 shares during the period. Exencial Wealth Advisors LLC’s holdings in Rentokil Initial were worth $1,102,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Valley Wealth Managers Inc. acquired a new stake in Rentokil Initial in the third quarter worth $29,000. Assetmark Inc. acquired a new stake in Rentokil Initial in the third quarter worth $36,000. Cape Investment Advisory Inc. increased its position in Rentokil Initial by 65.2% in the fourth quarter. Cape Investment Advisory Inc. now owns 1,505 shares of the company’s stock worth $38,000 after buying an additional 594 shares during the period. Sunbelt Securities Inc. increased its position in Rentokil Initial by 30.1% in the third quarter. Sunbelt Securities Inc. now owns 1,737 shares of the company’s stock worth $43,000 after buying an additional 402 shares during the period. Finally, CENTRAL TRUST Co increased its position in Rentokil Initial by 15,208.3% in the fourth quarter. CENTRAL TRUST Co now owns 1,837 shares of the company’s stock worth $47,000 after buying an additional 1,825 shares during the period. 9.91% of the stock is owned by institutional investors and hedge funds.

Rentokil Initial Price Performance

Shares of NYSE RTO opened at $25.23 on Thursday. Rentokil Initial plc has a fifty-two week low of $22.40 and a fifty-two week high of $34.07. The firm’s 50-day simple moving average is $24.97 and its 200 day simple moving average is $25.96. 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 stock has a market cap of $12.74 billion, a P/E ratio of 16.71, a P/E/G ratio of 7.95 and a beta of 1.08.

Analyst Ratings Changes

Separately, Citigroup raised 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 given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average 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.