United Rentals, Inc. $URI Stock Holdings Lifted by CW Advisors LLC

CW Advisors LLC lifted its stake in shares of United Rentals, Inc. (NYSE:URI) by 102.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,402 shares of the construction company’s stock after acquiring an additional 6,274 shares during the quarter. CW Advisors LLC’s holdings in United Rentals were worth $9,344,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Loomis Sayles & Co. L P acquired a new position in shares of United Rentals in the 2nd quarter valued at $28,000. Flaharty Asset Management LLC purchased a new stake in United Rentals during the first quarter valued at about $30,000. Maseco LLP acquired a new position in shares of United Rentals in the second quarter worth about $32,000. Trust Co. of Toledo NA OH acquired a new position in shares of United Rentals in the second quarter worth about $38,000. Finally, Clal Insurance Enterprises Holdings Ltd increased its position in shares of United Rentals by 560.0% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 66 shares of the construction company’s stock worth $41,000 after acquiring an additional 56 shares in the last quarter. 96.26% of the stock is owned by institutional investors and hedge funds.

United Rentals Stock Down 0.9%

Shares of United Rentals stock opened at $806.18 on Friday. The firm has a market cap of $51.30 billion, a price-to-earnings ratio of 20.73, a P/E/G ratio of 1.84 and a beta of 1.68. The stock has a 50-day simple moving average of $892.11 and a 200-day simple moving average of $851.48. United Rentals, Inc. has a 52-week low of $525.91 and a 52-week high of $1,021.47. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.90 and a quick ratio of 0.84.

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

United Rentals Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Wednesday, November 12th were paid a $1.79 dividend. This represents a $7.16 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Wednesday, November 12th. United Rentals’s payout ratio is presently 18.42%.

Wall Street Analyst Weigh In

Several brokerages recently commented on URI. UBS Group restated a “neutral” rating and issued a $1,025.00 price target on shares of United Rentals in a research report on Tuesday, October 28th. BNP Paribas Exane upgraded United Rentals from an “underperform” rating to a “neutral” rating and set a $900.00 target price for the company in a report on Tuesday, September 16th. Royal Bank Of Canada set a $1,123.00 price target on United Rentals in a report on Friday, October 24th. Weiss Ratings reissued a “hold (c+)” rating on shares of United Rentals in a research report on Wednesday, October 8th. Finally, Baird R W upgraded United Rentals from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 1st. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, United Rentals presently has a consensus rating of “Moderate Buy” and a consensus target price of $968.94.

United Rentals Profile

United Rentals, Inc, through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities.