United Rentals, Inc. $URI Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. trimmed its stake in shares of United Rentals, Inc. (NYSE:URI) by 12.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 5,526 shares of the construction company’s stock after selling 796 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in United Rentals were worth $5,275,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of URI. Vanguard Group Inc. boosted its stake in shares of United Rentals by 1.0% in the 2nd quarter. Vanguard Group Inc. now owns 7,494,303 shares of the construction company’s stock valued at $5,646,208,000 after buying an additional 72,267 shares during the period. JPMorgan Chase & Co. raised its holdings in United Rentals by 71.3% in the second quarter. JPMorgan Chase & Co. now owns 1,874,127 shares of the construction company’s stock valued at $1,411,968,000 after acquiring an additional 780,322 shares in the last quarter. Franklin Resources Inc. lifted its stake in United Rentals by 6.1% in the second quarter. Franklin Resources Inc. now owns 1,231,108 shares of the construction company’s stock worth $927,517,000 after acquiring an additional 70,870 shares during the last quarter. Alliancebernstein L.P. grew its holdings in United Rentals by 3.7% during the 2nd quarter. Alliancebernstein L.P. now owns 1,030,232 shares of the construction company’s stock worth $776,177,000 after acquiring an additional 36,991 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of United Rentals in the 2nd quarter valued at approximately $776,102,000. Hedge funds and other institutional investors own 96.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. JPMorgan Chase & Co. boosted their target price on shares of United Rentals from $1,000.00 to $1,150.00 and gave the stock an “overweight” rating in a research note on Monday, September 22nd. Wells Fargo & Company started coverage on United Rentals in a report on Thursday, November 13th. They set an “overweight” rating and a $995.00 price target for the company. BNP Paribas set a $900.00 price objective on United Rentals and gave the company a “neutral” rating in a report on Tuesday, September 16th. Weiss Ratings restated a “hold (c+)” rating on shares of United Rentals in a research note on Wednesday, October 8th. Finally, Citigroup lowered their price target on United Rentals from $1,140.00 to $950.00 and set a “buy” rating for the company in a report on Thursday, December 11th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, United Rentals has an average rating of “Moderate Buy” and an average price target of $954.83.

United Rentals Price Performance

Shares of URI opened at $939.58 on Friday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.84 and a current ratio of 0.90. United Rentals, Inc. has a fifty-two week low of $525.91 and a fifty-two week high of $1,021.47. The firm has a 50-day simple moving average of $827.13 and a 200-day simple moving average of $875.03. The company has a market capitalization of $59.79 billion, a price-to-earnings ratio of 24.17, a price-to-earnings-growth ratio of 1.95 and a beta of 1.69.

United Rentals (NYSE:URI) last issued its quarterly earnings results on Wednesday, October 22nd. The construction company reported $11.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $12.43 by ($0.73). United Rentals had a net margin of 15.83% and a return on equity of 31.30%. The company had revenue of $4.23 billion during the quarter, compared to analyst estimates of $4.16 billion. During the same quarter last year, the firm earned $11.80 EPS. The business’s revenue was up 5.9% on a year-over-year basis. On average, equities research analysts anticipate that United Rentals, Inc. will post 44.8 earnings per share for the current year.

United Rentals Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Wednesday, November 12th were given a $1.79 dividend. This represents a $7.16 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Wednesday, November 12th. United Rentals’s dividend payout ratio (DPR) is 18.42%.

About United Rentals

United Rentals, Inc (NYSE: URI) is a leading equipment rental company headquartered in Stamford, Connecticut. The firm provides rental solutions and related services to construction, industrial, commercial, and municipal customers. Its business model centers on providing access to a broad fleet of equipment on a short-term or long-term basis, enabling customers to avoid the capital expenditure of ownership and to scale equipment use to match project needs.

The company’s product and service offerings span general construction equipment and a range of specialty categories, including aerial work platforms, earthmoving and excavation machines, material handling equipment, pumps, power and HVAC systems, trench and shoring solutions, and tools.