Unigestion Holding SA Has $4.12 Million Stock Position in United Rentals, Inc. (NYSE:URI)

Unigestion Holding SA boosted its position in United Rentals, Inc. (NYSE:URI) by 6.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 11,731 shares of the construction company’s stock after purchasing an additional 683 shares during the period. Unigestion Holding SA’s holdings in United Rentals were worth $4,116,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in United Rentals by 3.0% in the 2nd quarter. Vanguard Group Inc. now owns 7,856,506 shares of the construction company’s stock valued at $2,506,304,000 after acquiring an additional 225,508 shares during the period. BlackRock Inc. increased its holdings in shares of United Rentals by 3.2% during the second quarter. BlackRock Inc. now owns 5,428,653 shares of the construction company’s stock worth $1,731,793,000 after purchasing an additional 166,366 shares during the period. Morgan Stanley increased its holdings in shares of United Rentals by 11.7% during the second quarter. Morgan Stanley now owns 1,326,987 shares of the construction company’s stock worth $423,321,000 after purchasing an additional 139,291 shares during the period. Geode Capital Management LLC increased its holdings in shares of United Rentals by 3.3% during the second quarter. Geode Capital Management LLC now owns 1,299,184 shares of the construction company’s stock worth $413,352,000 after purchasing an additional 41,863 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in shares of United Rentals by 0.6% during the second quarter. Dimensional Fund Advisors LP now owns 1,147,239 shares of the construction company’s stock worth $365,945,000 after purchasing an additional 6,655 shares during the period. Institutional investors and hedge funds own 88.71% of the company’s stock.

URI traded down $1.30 during midday trading on Thursday, hitting $373.89. The company had a trading volume of 361,709 shares, compared to its average volume of 694,616. United Rentals, Inc. has a 52 week low of $217.39 and a 52 week high of $414.99. The company has a quick ratio of 0.74, a current ratio of 0.80 and a debt-to-equity ratio of 1.68. The company has a market capitalization of $27.07 billion, a price-to-earnings ratio of 22.61, a PEG ratio of 1.06 and a beta of 1.95. The stock’s 50 day moving average price is $363.58 and its 200 day moving average price is $340.51.

United Rentals (NYSE:URI) last posted its quarterly earnings results on Wednesday, October 27th. The construction company reported $6.58 earnings per share for the quarter, missing the consensus estimate of $6.80 by ($0.22). United Rentals had a net margin of 13.04% and a return on equity of 28.88%. The company had revenue of $2.60 billion during the quarter, compared to the consensus estimate of $2.58 billion. During the same period last year, the firm posted $5.40 earnings per share. The company’s revenue for the quarter was up 18.7% on a year-over-year basis. Research analysts predict that United Rentals, Inc. will post 21.96 EPS for the current year.

Several research analysts have recently commented on the stock. Morgan Stanley raised their target price on shares of United Rentals from $275.00 to $297.00 and gave the stock an “underweight” rating in a report on Monday, November 1st. Citigroup lifted their price objective on shares of United Rentals from $400.00 to $445.00 and gave the company a “buy” rating in a research note on Tuesday, November 16th. Finally, KeyCorp raised their target price on shares of United Rentals from $405.00 to $455.00 and gave the company an “overweight” rating in a research report on Friday, October 29th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $352.30.

In other news, Director Jose B. Alvarez sold 925 shares of the business’s stock in a transaction dated Friday, October 29th. The shares were sold at an average price of $375.80, for a total transaction of $347,615.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.42% of the company’s stock.

United Rentals Profile

United Rentals, Inc engages in the equipment rental business. It offers rent to construction and industrial companies, manufacturers, utilities, municipalities, homeowners and government entities. The firm operates through two business segments: General Rentals; and Trench, Power & Fluid Solutions. The General Rentals segment engages in the rental of construction, aerial and industrial equipment, general tools and light equipment, and related services and activities.

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Institutional Ownership by Quarter for United Rentals (NYSE:URI)

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