Rentokil Initial plc (NYSE:RTO) Holdings Cut by Janus Henderson Group PLC

Janus Henderson Group PLC cut its holdings in shares of Rentokil Initial plc (NYSE:RTO - Free Report) by 1.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). 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 about 3.32% of Rentokil Initial worth $424,953,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of RTO. Cape Investment Advisory Inc. grew its stake in shares of Rentokil Initial by 65.2% during the fourth quarter. Cape Investment Advisory Inc. now owns 1,505 shares of the company's stock valued at $38,000 after acquiring an additional 594 shares in the last quarter. CENTRAL TRUST Co grew its stake in shares of Rentokil Initial by 15,208.3% during the fourth quarter. CENTRAL TRUST Co now owns 1,837 shares of the company's stock valued at $47,000 after acquiring an additional 1,825 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Rentokil Initial by 486.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,942 shares of the company's stock valued at $49,000 after acquiring an additional 1,611 shares in the last quarter. Cromwell Holdings LLC acquired a new stake in shares of Rentokil Initial during the fourth quarter valued at about $59,000. Finally, Blue Trust Inc. grew its stake in shares of Rentokil Initial by 140.4% during the fourth quarter. Blue Trust Inc. now owns 2,402 shares of the company's stock valued at $60,000 after acquiring an additional 1,403 shares in the last quarter. 9.91% of the stock is currently owned by institutional investors and hedge funds.

Rentokil Initial Stock Up 0.1%

Shares of RTO stock traded up $0.02 during trading hours on Friday, hitting $23.39. 358,740 shares of the company were exchanged, compared to its average volume of 781,694. 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 one year low of $19.60 and a one year high of $34.07. The business's 50-day simple moving average is $22.53 and its two-hundred day simple moving average is $24.31. The stock has a market capitalization of $11.81 billion, a price-to-earnings ratio of 15.49, a P/E/G ratio of 7.95 and a beta of 0.96.

Rentokil Initial Announces Dividend

The business also recently declared a semi-annual dividend, which was paid on Thursday, May 15th. Stockholders of record on Friday, April 4th were given a dividend of $0.3825 per share. The ex-dividend date of this dividend was Friday, April 4th. This represents a dividend yield of 2.4%. Rentokil Initial's payout ratio is 45.03%.

Analyst Upgrades and Downgrades

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

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.