United Rentals, Inc. (NYSE:URI) Shares Sold by Selz Capital LLC

Selz Capital LLC reduced its position in shares of United Rentals, Inc. (NYSE:URI) by 18.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 153,500 shares of the construction company’s stock after selling 33,999 shares during the period. United Rentals accounts for about 3.4% of Selz Capital LLC’s portfolio, making the stock its 11th largest holding. Selz Capital LLC owned 0.19% of United Rentals worth $17,537,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Cigna Investments Inc. New increased its position in shares of United Rentals by 3.2% during the fourth quarter. Cigna Investments Inc. New now owns 2,552 shares of the construction company’s stock worth $262,000 after acquiring an additional 79 shares during the period. HCR Wealth Advisors increased its holdings in United Rentals by 1.6% in the fourth quarter. HCR Wealth Advisors now owns 5,015 shares of the construction company’s stock valued at $514,000 after buying an additional 81 shares during the last quarter. IFM Investors Pty Ltd increased its holdings in United Rentals by 2.1% in the fourth quarter. IFM Investors Pty Ltd now owns 5,163 shares of the construction company’s stock valued at $529,000 after buying an additional 108 shares during the last quarter. Integrated Investment Consultants LLC increased its holdings in United Rentals by 6.2% in the fourth quarter. Integrated Investment Consultants LLC now owns 1,965 shares of the construction company’s stock valued at $201,000 after buying an additional 115 shares during the last quarter. Finally, Burns J W & Co. Inc. NY increased its holdings in United Rentals by 1.2% in the fourth quarter. Burns J W & Co. Inc. NY now owns 10,300 shares of the construction company’s stock valued at $1,056,000 after buying an additional 125 shares during the last quarter. Institutional investors and hedge funds own 88.26% of the company’s stock.

Several equities analysts recently commented on the company. ValuEngine raised United Rentals from a “strong sell” rating to a “sell” rating in a report on Wednesday, April 24th. Northcoast Research reaffirmed a “neutral” rating on shares of United Rentals in a report on Monday, April 22nd. Zacks Investment Research raised United Rentals from a “hold” rating to a “buy” rating and set a $143.00 price objective on the stock in a report on Wednesday, January 30th. OTR Global downgraded shares of United Rentals to a “positive” rating in a research note on Monday, April 1st. Finally, Morgan Stanley increased their target price on shares of United Rentals from $168.00 to $176.00 and gave the stock an “overweight” rating in a research note on Monday, April 22nd. Two research analysts have rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $156.91.

In other United Rentals news, CEO Michael Kneeland sold 30,000 shares of United Rentals stock in a transaction that occurred on Tuesday, February 19th. The shares were sold at an average price of $132.73, for a total value of $3,981,900.00. Following the completion of the sale, the chief executive officer now directly owns 202,237 shares of the company’s stock, valued at approximately $26,842,917.01. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Paul I. Mcdonnell sold 10,500 shares of United Rentals stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $125.59, for a total transaction of $1,318,695.00. Following the completion of the sale, the executive vice president now directly owns 22,285 shares of the company’s stock, valued at $2,798,773.15. The disclosure for this sale can be found here. Over the last three months, insiders have sold 45,759 shares of company stock valued at $5,948,491. Corporate insiders own 1.00% of the company’s stock.

United Rentals stock traded up $3.24 during mid-day trading on Friday, reaching $140.24. The company had a trading volume of 1,015,252 shares, compared to its average volume of 1,590,489. The company has a current ratio of 0.77, a quick ratio of 0.71 and a debt-to-equity ratio of 3.31. United Rentals, Inc. has a 1 year low of $94.28 and a 1 year high of $175.42. The stock has a market cap of $11.03 billion, a PE ratio of 8.62, a price-to-earnings-growth ratio of 0.40 and a beta of 2.56.

United Rentals (NYSE:URI) last issued its quarterly earnings data on Wednesday, April 17th. The construction company reported $3.31 earnings per share for the quarter, topping the Zacks’ consensus estimate of $3.10 by $0.21. United Rentals had a net margin of 12.91% and a return on equity of 41.52%. The business had revenue of $2.12 billion during the quarter, compared to analysts’ expectations of $2.05 billion. During the same period last year, the company posted $2.87 EPS. The company’s revenue was up 22.1% on a year-over-year basis. On average, sell-side analysts forecast that United Rentals, Inc. will post 19.67 EPS for the current fiscal year.

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United Rentals Company 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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