Rentokil Initial Ownership
| RTO Stock | USD 23.86 0.15 0.62% |
Shares in Circulation | First Issued 1985-03-31 | Previous Quarter 2.5 B | Current Value 2.5 B | Avarage Shares Outstanding 1.8 B | Quarterly Volatility 600 M |
Rentokil |
Rentokil Stock Ownership Analysis
About 13.0% of the company shares are owned by institutional investors. The book value of Rentokil Initial was at this time reported as 1.65. The company has Price/Earnings To Growth (PEG) ratio of 0.8. Rentokil Initial PLC last dividend was issued on the 9th of August 2024. The entity had 2:1 split on the 16th of November 2001. 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. Rentokil Initial plc was founded in 1903 and is headquartered in Crawley, the United Kingdom. Rentokil Initial operates under Specialty Business Services classification in the United States and is traded on New York Stock Exchange. It employs 46000 people. To find out more about Rentokil Initial PLC contact Andrew Ransom at 44 12 9385 8000 or learn more at https://www.rentokil-initial.com.Besides selling stocks to institutional investors, Rentokil Initial also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Rentokil Initial's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Rentokil Initial's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Rentokil Initial Quarterly Liabilities And Stockholders Equity |
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Rentokil Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Rentokil Initial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Rentokil Initial PLC backward and forwards among themselves. Rentokil Initial's institutional investor refers to the entity that pools money to purchase Rentokil Initial's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Mig Capital, Llc | 2024-09-30 | 1.2 M | Alberta Investment Management Corp | 2024-09-30 | 1.1 M | Clearbridge Advisors, Llc | 2024-09-30 | 892.1 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 854 K | Norges Bank | 2024-06-30 | 780.6 K | Qvidtvm Management Llc | 2024-09-30 | 750.2 K | Envestnet Asset Management Inc | 2024-09-30 | 731 K | Iridian Asset Management Llc | 2024-09-30 | 719.8 K | Nichols & Pratt Advisers Llp | 2024-09-30 | 714.7 K | Hhg Plc | 2024-09-30 | 17 M | Gates Capital Management Inc | 2024-09-30 | 5.2 M |
Rentokil Initial Corporate Filings
6K | 14th of January 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
13A | 14th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
13A | 13th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
Pair Trading with Rentokil Initial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rentokil Initial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rentokil Initial will appreciate offsetting losses from the drop in the long position's value.Moving against Rentokil Stock
The ability to find closely correlated positions to Rentokil Initial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rentokil Initial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rentokil Initial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rentokil Initial PLC to buy it.
The correlation of Rentokil Initial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rentokil Initial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rentokil Initial PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Rentokil Initial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rentokil Initial PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rentokil Initial. If investors know Rentokil will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rentokil Initial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.06 | Dividend Share 0.091 | Earnings Share 0.95 | Revenue Per Share | Quarterly Revenue Growth 0.013 |
The market value of Rentokil Initial PLC is measured differently than its book value, which is the value of Rentokil that is recorded on the company's balance sheet. Investors also form their own opinion of Rentokil Initial's value that differs from its market value or its book value, called intrinsic value, which is Rentokil Initial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rentokil Initial's market value can be influenced by many factors that don't directly affect Rentokil Initial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rentokil Initial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rentokil Initial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rentokil Initial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.