United Rentals, Inc. (URI) Holdings Reduced by Virtu Financial LLC

Virtu Financial LLC cut its holdings in shares of United Rentals, Inc. (NYSE:URI) by 46.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,798 shares of the construction company’s stock after selling 3,307 shares during the quarter. Virtu Financial LLC’s holdings in United Rentals were worth $434,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of URI. Doyle Wealth Management bought a new stake in shares of United Rentals in the fourth quarter worth about $28,000. CSat Investment Advisory L.P. increased its holdings in shares of United Rentals by 160.7% in the fourth quarter. CSat Investment Advisory L.P. now owns 279 shares of the construction company’s stock worth $29,000 after purchasing an additional 172 shares during the last quarter. Rational Advisors LLC increased its holdings in shares of United Rentals by 9,100.0% in the fourth quarter. Rational Advisors LLC now owns 368 shares of the construction company’s stock worth $38,000 after purchasing an additional 364 shares during the last quarter. Executive Wealth Management LLC bought a new stake in shares of United Rentals in the fourth quarter worth about $42,000. Finally, Paradigm Asset Management Co. LLC bought a new stake in shares of United Rentals in the third quarter worth about $49,000. 87.51% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts have recently issued reports on URI shares. Zacks Investment Research cut United Rentals from a “buy” rating to a “hold” rating in a report on Friday, January 11th. Standpoint Research cut United Rentals from a “buy” rating to a “hold” rating in a report on Tuesday, February 19th. Finally, OTR Global cut United Rentals to a “positive” rating in a report on Monday, April 1st. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and nine have issued a buy rating to the company’s stock. United Rentals has an average rating of “Buy” and an average price target of $156.82.

In related news, EVP Paul I. Mcdonnell sold 10,500 shares of United Rentals stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $125.59, for a total value of $1,318,695.00. Following the completion of the transaction, the executive vice president now owns 22,285 shares in the company, valued at $2,798,773.15. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Craig Adam Pintoff sold 4,566 shares of United Rentals stock in a transaction dated Friday, March 8th. The stock was sold at an average price of $123.17, for a total value of $562,394.22. Following the completion of the transaction, the executive vice president now owns 17,880 shares of the company’s stock, valued at approximately $2,202,279.60. The disclosure for this sale can be found here. In the last quarter, insiders sold 64,347 shares of company stock valued at $8,276,837. 1.00% of the stock is currently owned by company insiders.

URI opened at $136.00 on Monday. The stock has a market capitalization of $10.69 billion, a P/E ratio of 8.36, a P/E/G ratio of 0.40 and a beta of 2.49. United Rentals, Inc. has a 12 month low of $94.28 and a 12 month high of $175.75. The company has a quick ratio of 0.78, a current ratio of 0.77 and a debt-to-equity ratio of 3.31.

United Rentals (NYSE:URI) last released its quarterly earnings results on Wednesday, April 17th. The construction company reported $3.31 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $3.10 by $0.21. The company had revenue of $2.12 billion during the quarter, compared to analyst estimates of $2.05 billion. United Rentals had a return on equity of 41.52% and a net margin of 12.91%. The firm’s revenue was up 22.1% on a year-over-year basis. During the same quarter last year, the business posted $2.87 earnings per share. Analysts anticipate that United Rentals, Inc. will post 19.32 earnings per share for the current year.

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United Rentals Profile

United Rentals, Inc, through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals; and Trench, Power and Fluid Solutions. The General Rentals segment rents general construction and industrial equipment, including backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom lifts and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools.

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

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