Venturi Wealth Management LLC Acquires 1,922 Shares of Rentokil Initial plc (NYSE:RTO)

Venturi Wealth Management LLC lifted its holdings in shares of Rentokil Initial plc (NYSE:RTO) by 256.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,672 shares of the company’s stock after acquiring an additional 1,922 shares during the quarter. Venturi Wealth Management LLC’s holdings in Rentokil Initial were worth $68,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Valley Wealth Managers Inc. bought a new position in shares of Rentokil Initial during the 3rd quarter worth approximately $29,000. Assetmark Inc. bought a new stake in Rentokil Initial in the 3rd quarter valued at $36,000. Sunbelt Securities Inc. boosted its stake in 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 stake in 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, Blue Trust Inc. boosted its stake in Rentokil Initial by 140.4% in the 4th quarter. Blue Trust Inc. now owns 2,402 shares of the company’s stock valued at $60,000 after purchasing an additional 1,403 shares during the period. 9.91% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Citigroup upgraded Rentokil Initial to a “strong-buy” rating in a research note on Friday, December 13th. Four 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. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Rentokil Initial Stock Up 1.4 %

RTO opened at $25.73 on Tuesday. The business has a fifty day simple moving average of $25.00 and a 200 day simple moving average of $26.21. Rentokil Initial plc has a 1 year low of $22.40 and a 1 year high of $34.07. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.96 and a current ratio of 1.04.

About Rentokil Initial

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.