Koss Olinger Consulting LLC Buys New Position in Rentokil Initial plc (NYSE:RTO)

Koss Olinger Consulting LLC bought a new stake in shares of Rentokil Initial plc (NYSE:RTO) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 23,693 shares of the company’s stock, valued at approximately $600,000.

Several other large investors have also bought and sold shares of the company. Assetmark Inc. acquired a new position in shares of Rentokil Initial in the 3rd quarter valued at $36,000. Cape Investment Advisory Inc. boosted its position in shares of Rentokil Initial by 65.2% in the 4th quarter. Cape Investment Advisory Inc. now owns 1,505 shares of the company’s stock valued at $38,000 after purchasing an additional 594 shares during the period. Sunbelt Securities Inc. boosted its position in shares of Rentokil Initial by 30.1% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,737 shares of the company’s stock valued at $43,000 after purchasing an additional 402 shares during the period. CENTRAL TRUST Co boosted its position in shares of Rentokil Initial by 15,208.3% in the 4th quarter. CENTRAL TRUST Co now owns 1,837 shares of the company’s stock valued at $47,000 after purchasing an additional 1,825 shares during the period. Finally, Smartleaf Asset Management LLC boosted its position in shares of Rentokil Initial by 486.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,942 shares of the company’s stock valued at $49,000 after purchasing an additional 1,611 shares during the period. Institutional investors own 9.91% of the company’s stock.

Analyst Ratings Changes

RTO has been the subject of a number of recent analyst reports. Citigroup upgraded Rentokil Initial to a “strong-buy” rating in a research report on Friday, December 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Rentokil Initial in a research report on Friday, March 7th. Four research analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Rentokil Initial has an average rating of “Moderate Buy”.

Rentokil Initial Trading Down 1.1 %

Shares of NYSE RTO opened at $21.91 on Wednesday. Rentokil Initial plc has a one year low of $20.60 and a one year high of $34.07. The firm has a market capitalization of $11.06 billion, a PE ratio of 14.51, a PEG ratio of 7.95 and a beta of 1.14. The company has a current ratio of 1.04, a quick ratio of 0.96 and a debt-to-equity ratio of 0.75. The business has a 50-day moving average price of $24.38 and a two-hundred day moving average price of $25.26.

Rentokil Initial Announces Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Thursday, May 15th. Shareholders of record on Friday, April 4th will be given a dividend of $0.3825 per share. The ex-dividend date of this dividend is Friday, April 4th. This represents a yield of 2.4%. Rentokil Initial’s payout ratio is presently 43.71%.

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.