13,391 Shares in Rentokil Initial plc (NYSE:RTO) Purchased by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. bought a new position in Rentokil Initial plc (NYSE:RTO) during the third quarter, Holdings Channel.com reports. The institutional investor bought 13,391 shares of the company’s stock, valued at approximately $334,000.

Several other institutional investors and hedge funds have also recently modified their holdings of RTO. River Road Asset Management LLC bought a new position in shares of Rentokil Initial in the third quarter worth approximately $44,055,000. Lazard Asset Management LLC increased its holdings in shares of Rentokil Initial by 345,196.7% in the 1st quarter. Lazard Asset Management LLC now owns 1,560,741 shares of the company’s stock worth $47,056,000 after buying an additional 1,560,289 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Rentokil Initial by 130.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,839,135 shares of the company’s stock valued at $54,530,000 after buying an additional 1,041,860 shares in the last quarter. Mediolanum International Funds Ltd bought a new stake in shares of Rentokil Initial during the 3rd quarter worth $25,764,000. Finally, Nicholas Company Inc. purchased a new position in Rentokil Initial in the second quarter worth $6,093,000. Hedge funds and other institutional investors own 9.91% of the company’s stock.

Rentokil Initial Stock Performance

Shares of NYSE:RTO opened at $25.53 on Monday. 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 company’s fifty day moving average is $25.17 and its 200 day moving average is $27.92. Rentokil Initial plc has a 52 week low of $22.40 and a 52 week high of $34.07.

Analyst Ratings Changes

A number of equities research analysts have weighed in on RTO shares. Sanford C. Bernstein upgraded Rentokil Initial from an “underperform” rating to a “market perform” rating in a research report on Monday, July 22nd. Redburn Atlantic cut Rentokil Initial from a “buy” rating to a “neutral” rating in a report on Thursday, September 19th. Finally, Barclays upgraded Rentokil Initial to a “strong-buy” rating in a research report on Friday, July 26th. Five research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $29.00.

Rentokil Initial 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.