Insider Selling: United Rentals, Inc. (URI) Director Sells 757 Shares of Stock
United Rentals, Inc. (NYSE:URI) Director Donald C. Roof sold 757 shares of the company’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $159.80, for a total value of $120,968.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
United Rentals, Inc. (NYSE URI) traded down $0.56 during mid-day trading on Tuesday, hitting $159.19. The stock had a trading volume of 918,228 shares, compared to its average volume of 1,572,987. The company has a market cap of $13,510.00, a P/E ratio of 15.82, a price-to-earnings-growth ratio of 0.80 and a beta of 2.67. The company has a debt-to-equity ratio of 3.47, a current ratio of 0.92 and a quick ratio of 0.88. United Rentals, Inc. has a 12 month low of $100.62 and a 12 month high of $163.92.
United Rentals (NYSE:URI) last issued its quarterly earnings data on Wednesday, October 18th. The construction company reported $3.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.98 by $0.27. The business had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.72 billion. United Rentals had a return on equity of 44.81% and a net margin of 9.64%. The firm’s quarterly revenue was up 17.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.58 EPS. analysts predict that United Rentals, Inc. will post 10.56 EPS for the current fiscal year.
URI has been the subject of a number of recent analyst reports. BidaskClub downgraded United Rentals from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. Stifel Nicolaus upgraded United Rentals from a “hold” rating to a “buy” rating and set a $133.00 price target for the company in a research note on Friday, August 18th. Jefferies Group reiterated a “buy” rating on shares of United Rentals in a research note on Friday, August 18th. UBS reiterated a “neutral” rating and set a $125.00 price target on shares of United Rentals in a research note on Sunday, August 20th. Finally, ValuEngine upgraded United Rentals from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, ten have given a buy rating and two have given a strong buy rating to the stock. United Rentals presently has an average rating of “Buy” and an average target price of $145.57.
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Hellman Jordan Management Co. Inc. MA purchased a new stake in United Rentals during the 3rd quarter worth about $766,000. AXA lifted its holdings in United Rentals by 44.1% during the 3rd quarter. AXA now owns 352,516 shares of the construction company’s stock worth $48,908,000 after purchasing an additional 107,809 shares in the last quarter. Shelton Capital Management lifted its holdings in United Rentals by 307.6% during the 3rd quarter. Shelton Capital Management now owns 22,924 shares of the construction company’s stock worth $3,180,000 after purchasing an additional 17,300 shares in the last quarter. Public Employees Retirement System of Ohio lifted its holdings in United Rentals by 36.4% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 69,079 shares of the construction company’s stock worth $9,584,000 after purchasing an additional 18,444 shares in the last quarter. Finally, Cetera Advisors LLC lifted its holdings in United Rentals by 29.4% during the 3rd quarter. Cetera Advisors LLC now owns 4,407 shares of the construction company’s stock worth $613,000 after purchasing an additional 1,000 shares in the last quarter. 91.74% of the stock is currently owned by institutional investors and hedge funds.
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United Rentals Company Profile
United Rentals, Inc is a holding company. The Company is an equipment rental company, which operates throughout the United States and Canada. It operates through two segments: general rentals, and trench, power and pump. The general rentals segment includes the rental of construction, aerial, industrial and homeowner equipment and related services and activities.
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