Janus Henderson Group PLC Has $424.95 Million Stock Holdings in Rentokil Initial plc (NYSE:RTO)

Janus Henderson Group PLC lessened its stake in Rentokil Initial plc (NYSE:RTO - Free Report) by 1.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,782,804 shares of the company's stock after selling 207,375 shares during the period. Janus Henderson Group PLC owned 3.32% of Rentokil Initial worth $424,953,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Keystone Financial Services acquired a new position in Rentokil Initial during the fourth quarter worth about $236,000. ABS Direct Equity Fund LLC increased its holdings in shares of Rentokil Initial by 28.1% in the fourth quarter. ABS Direct Equity Fund LLC now owns 160,000 shares of the company's stock valued at $4,051,000 after buying an additional 35,100 shares in the last quarter. Stephens Inc. AR boosted its position in shares of Rentokil Initial by 6.1% in the 4th quarter. Stephens Inc. AR now owns 431,185 shares of the company's stock valued at $10,918,000 after purchasing an additional 24,699 shares during the period. Janney Montgomery Scott LLC acquired a new stake in Rentokil Initial during the 4th quarter worth about $257,000. Finally, Pacifica Capital Investments LLC purchased a new stake in Rentokil Initial during the fourth quarter valued at about $4,894,000. Institutional investors and hedge funds own 9.91% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Sanford C. Bernstein downgraded shares of Rentokil Initial from a "market perform" rating to an "underperform" rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Rentokil Initial in a research note on Friday, March 7th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy".

Rentokil Initial Stock Up 1.1%

NYSE:RTO traded up $0.26 during trading hours on Thursday, hitting $23.35. 591,973 shares of the company's stock traded hands, compared to its average volume of 781,247. The stock's fifty day moving average price is $22.45 and its two-hundred day moving average price is $24.35. The firm has a market cap of $11.79 billion, a P/E ratio of 15.46, a P/E/G ratio of 7.95 and a beta of 0.96. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.96 and a current ratio of 1.04. Rentokil Initial plc has a twelve month low of $19.60 and a twelve month high of $34.07.

Rentokil Initial Dividend Announcement

The business also recently declared a semi-annual dividend, which will be paid on Thursday, May 15th. Stockholders of record on Friday, April 4th will be given a $0.3825 dividend. This represents a dividend yield of 2.4%. The ex-dividend date is Friday, April 4th. Rentokil Initial's dividend payout ratio (DPR) is 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.