Janus Henderson Group PLC Sells 207,375 Shares of Rentokil Initial plc (NYSE:RTO)

Janus Henderson Group PLC decreased its position in shares of Rentokil Initial plc (NYSE:RTO) by 1.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,782,804 shares of the company’s stock after selling 207,375 shares during the quarter. Janus Henderson Group PLC’s holdings in Rentokil Initial were worth $424,953,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Gates Capital Management Inc. lifted its holdings in shares of Rentokil Initial by 21.0% in the fourth quarter. Gates Capital Management Inc. now owns 6,258,013 shares of the company’s stock worth $158,453,000 after acquiring an additional 1,084,845 shares during the last quarter. River Road Asset Management LLC lifted its holdings in shares of Rentokil Initial by 114.2% in the fourth quarter. River Road Asset Management LLC now owns 3,786,010 shares of the company’s stock worth $95,862,000 after acquiring an additional 2,018,866 shares during the last quarter. Voss Capital LP lifted its holdings in shares of Rentokil Initial by 21.2% in the fourth quarter. Voss Capital LP now owns 3,090,287 shares of the company’s stock worth $78,246,000 after acquiring an additional 540,287 shares during the last quarter. MIG Capital LLC lifted its holdings in shares of Rentokil Initial by 29.1% in the fourth quarter. MIG Capital LLC now owns 1,543,879 shares of the company’s stock worth $39,091,000 after acquiring an additional 347,882 shares during the last quarter. Finally, Alberta Investment Management Corp lifted its holdings in shares of Rentokil Initial by 21.6% in the fourth quarter. Alberta Investment Management Corp now owns 1,312,471 shares of the company’s stock worth $33,232,000 after acquiring an additional 232,871 shares during the last quarter. Institutional investors own 9.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Rentokil Initial in a report on Friday, March 7th. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Rentokil Initial Stock Performance

Rentokil Initial stock opened at $23.26 on Monday. The business has a 50 day moving average of $22.47 and a 200-day moving average of $24.38. Rentokil Initial plc has a 1 year low of $19.60 and a 1 year high of $34.07. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.04 and a quick ratio of 0.96. The company has a market capitalization of $11.74 billion, a P/E ratio of 15.40, a P/E/G ratio of 7.95 and a beta of 0.96.

Rentokil Initial Announces Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Thursday, May 15th. Stockholders of record on Friday, April 4th will be paid a $0.3825 dividend. This represents a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, April 4th. Rentokil Initial’s dividend payout ratio is currently 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.