Jessica Graziano Sells 3,405 Shares of United Rentals, Inc. (URI) Stock

United Rentals, Inc. (NYSE:URI) SVP Jessica Graziano sold 3,405 shares of the firm’s stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $185.00, for a total value of $629,925.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

United Rentals, Inc. (URI) traded down $4.90 during midday trading on Monday, reaching $180.47. The company’s stock had a trading volume of 1,996,642 shares, compared to its average volume of 1,337,947. The firm has a market cap of $15,650.36, a P/E ratio of 11.49, a P/E/G ratio of 0.75 and a beta of 2.67. The company has a debt-to-equity ratio of 2.81, a quick ratio of 1.02 and a current ratio of 1.06. United Rentals, Inc. has a 52 week low of $100.62 and a 52 week high of $189.00.

United Rentals (NYSE:URI) last released its earnings results on Wednesday, January 24th. The construction company reported $3.34 earnings per share for the quarter, beating the consensus estimate of $3.25 by $0.09. The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.88 billion. United Rentals had a return on equity of 135.33% and a net margin of 46.67%. United Rentals’s revenue was up 26.2% compared to the same quarter last year. During the same period in the previous year, the company posted $2.67 EPS. sell-side analysts anticipate that United Rentals, Inc. will post 13.41 EPS for the current fiscal year.

United Rentals declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, October 18th that authorizes the company to repurchase $373.00 million in shares. This repurchase authorization authorizes the construction company to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.

A number of brokerages recently issued reports on URI. Stifel Nicolaus raised their price objective on United Rentals from $171.00 to $205.00 and gave the stock a “buy” rating in a research report on Friday. UBS Group raised their price objective on United Rentals from $150.00 to $196.00 and gave the stock a “neutral” rating in a research report on Friday. Buckingham Research lifted their target price on United Rentals from $175.00 to $180.00 and gave the company a “neutral” rating in a research report on Friday. Jefferies Group lifted their target price on United Rentals from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Monday, October 16th. Finally, Bank of America lifted their target price on United Rentals from $195.00 to $230.00 and gave the company a “buy” rating in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. United Rentals has an average rating of “Hold” and an average target price of $175.04.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Welch & Forbes LLC purchased a new position in shares of United Rentals in the 4th quarter valued at about $226,000. Meag Munich Ergo Kapitalanlagegesellschaft MBH purchased a new position in shares of United Rentals in the 4th quarter valued at about $7,410,000. Commerzbank Aktiengesellschaft FI purchased a new position in shares of United Rentals in the 4th quarter valued at about $310,000. Robeco Institutional Asset Management B.V. boosted its stake in shares of United Rentals by 1.8% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 62,987 shares of the construction company’s stock valued at $10,831,000 after buying an additional 1,121 shares during the period. Finally, Hermes Investment Management Ltd. boosted its stake in shares of United Rentals by 4.9% in the 4th quarter. Hermes Investment Management Ltd. now owns 6,485 shares of the construction company’s stock valued at $1,115,000 after buying an additional 300 shares during the period. Institutional investors and hedge funds own 91.19% of the company’s stock.

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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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