United Rentals, Inc. (NYSE:URI) Director Singleton B. Mcallister sold 2,200 shares of the business’s stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $163.67, for a total value of $360,074.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

United Rentals, Inc. (NYSE:URI) traded down $0.17 during trading hours on Wednesday, hitting $163.65. The stock had a trading volume of 832,300 shares, compared to its average volume of 1,558,694. The company has a market capitalization of $13,855.01, a PE ratio of 16.50, a P/E/G ratio of 0.84 and a beta of 2.67. The company has a debt-to-equity ratio of 3.47, a quick ratio of 0.88 and a current ratio of 0.92. United Rentals, Inc. has a 52 week low of $100.62 and a 52 week high of $165.85.

United Rentals (NYSE:URI) last released its quarterly earnings results on Wednesday, October 18th. The construction company reported $3.25 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.98 by $0.27. The company 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 business’s quarterly revenue was up 17.1% compared to the same quarter last year. During the same period in the previous year, the business posted $2.58 earnings per share. equities analysts forecast that United Rentals, Inc. will post 10.56 earnings per share for the current fiscal year.

United Rentals announced that its board has authorized a stock buyback program on Wednesday, October 18th that permits the company to buyback $373.00 million in outstanding shares. This buyback authorization permits the construction company to repurchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.

Several large investors have recently added to or reduced their stakes in URI. Fieldpoint Private Securities LLC bought a new stake in United Rentals in the third quarter valued at approximately $119,000. Americafirst Capital Management LLC bought a new stake in United Rentals in the second quarter valued at approximately $151,000. IFP Advisors Inc boosted its holdings in United Rentals by 40.4% in the second quarter. IFP Advisors Inc now owns 1,662 shares of the construction company’s stock valued at $187,000 after acquiring an additional 478 shares during the last quarter. First Manhattan Co. boosted its holdings in United Rentals by 42.9% in the third quarter. First Manhattan Co. now owns 1,415 shares of the construction company’s stock valued at $196,000 after acquiring an additional 425 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its holdings in United Rentals by 8.8% in the second quarter. Pacer Advisors Inc. now owns 1,796 shares of the construction company’s stock valued at $202,000 after acquiring an additional 145 shares during the last quarter. Institutional investors own 91.75% of the company’s stock.

A number of research firms recently commented on URI. Barclays initiated coverage on United Rentals in a research note on Tuesday. They issued an “underweight” rating and a $150.00 price target for the company. Buckingham Research initiated coverage on United Rentals in a research note on Tuesday, November 21st. They set a “neutral” rating and a $154.00 target price for the company. KeyCorp reissued a “hold” rating on shares of United Rentals in a research note on Friday, October 20th. Citigroup boosted their target price on United Rentals from $165.00 to $170.00 and gave the stock a “buy” rating in a research note on Friday, October 20th. Finally, UBS set a $150.00 target price on United Rentals and gave the stock a “hold” rating in a research note on Thursday, October 19th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $151.11.

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About United Rentals

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.

Insider Buying and Selling by Quarter for United Rentals (NYSE:URI)

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