Virtu Financial LLC Makes New Investment in Rentokil Initial plc (NYSE:RTO)

Virtu Financial LLC purchased a new position in shares of Rentokil Initial plc (NYSE:RTO) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,816 shares of the company’s stock, valued at approximately $295,000.

Other hedge funds have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its position in Rentokil Initial by 403.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,052 shares of the company’s stock worth $31,000 after purchasing an additional 843 shares during the period. Anthracite Investment Company Inc. increased its holdings in shares of Rentokil Initial by 211.3% in the third quarter. Anthracite Investment Company Inc. now owns 214,402 shares of the company’s stock worth $5,345,000 after buying an additional 145,528 shares during the period. Oppenheimer & Co. Inc. lifted its stake in shares of Rentokil Initial by 165.8% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 55,604 shares of the company’s stock valued at $1,386,000 after acquiring an additional 34,687 shares during the last quarter. Veracity Capital LLC purchased a new stake in Rentokil Initial during the 3rd quarter valued at about $644,000. Finally, Janus Henderson Group PLC grew its position in Rentokil Initial by 3.8% during the 3rd quarter. Janus Henderson Group PLC now owns 16,990,179 shares of the company’s stock worth $423,573,000 after acquiring an additional 617,227 shares during the last quarter. 9.91% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Redburn Atlantic downgraded Rentokil Initial from a “buy” rating to a “neutral” rating in a research report on Thursday, September 19th. Five analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $29.00.

Rentokil Initial Stock Down 0.3 %

Rentokil Initial stock opened at $26.28 on Tuesday. The company has a current ratio of 1.04, a quick ratio of 0.96 and a debt-to-equity ratio of 0.75. Rentokil Initial plc has a 1-year low of $22.40 and a 1-year high of $34.07. The firm has a 50-day moving average of $25.39 and a 200-day moving average of $27.86.

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.