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.
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.
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