Optiver Holding B.V. Sells 21,031 Shares of Rentokil Initial plc (NYSE:RTO)

Optiver Holding B.V. decreased its stake in shares of Rentokil Initial plc (NYSE:RTO) by 9.4% during the second quarter, HoldingsChannel.com reports. The firm owned 203,393 shares of the company’s stock after selling 21,031 shares during the period. Optiver Holding B.V.’s holdings in Rentokil Initial were worth $7,946,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Osaic Holdings Inc. boosted its holdings in Rentokil Initial by 25.2% in the 2nd quarter. Osaic Holdings Inc. now owns 39,027 shares of the company’s stock valued at $1,522,000 after purchasing an additional 7,844 shares during the period. Gabelli Funds LLC grew its position in Rentokil Initial by 3.9% during the second quarter. Gabelli Funds LLC now owns 61,500 shares of the company’s stock worth $2,399,000 after buying an additional 2,300 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in Rentokil Initial in the 2nd quarter worth about $661,000. US Bancorp DE raised its holdings in shares of Rentokil Initial by 1.5% in the 2nd quarter. US Bancorp DE now owns 63,837 shares of the company’s stock valued at $2,490,000 after acquiring an additional 973 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. bought a new stake in shares of Rentokil Initial during the 2nd quarter valued at about $295,000. Institutional investors own 9.66% of the company’s stock.

Analysts Set New Price Targets

Separately, Societe Generale assumed coverage on Rentokil Initial in a report on Thursday, October 5th. They set a “sell” rating for the company.

Rentokil Initial Trading Up 1.0 %

Shares of Rentokil Initial stock traded up $0.30 during trading on Monday, hitting $29.16. 208,321 shares of the stock traded hands, compared to its average volume of 314,101. The firm’s fifty day moving average is $32.49 and its 200-day moving average is $36.88. Rentokil Initial plc has a 52 week low of $23.39 and a 52 week high of $41.55. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.13 and a quick ratio of 1.03.

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.