United Rentals, Inc. (URI) CFO Jessica Graziano Sells 547 Shares

United Rentals, Inc. (NYSE:URI) CFO Jessica Graziano sold 547 shares of United Rentals stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $123.36, for a total value of $67,477.92. Following the completion of the transaction, the chief financial officer now owns 11,247 shares of the company’s stock, valued at approximately $1,387,429.92. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

URI stock traded down $2.50 during trading on Thursday, hitting $121.84. 796,832 shares of the company’s stock were exchanged, compared to its average volume of 1,271,155. The stock has a market cap of $9.97 billion, a price-to-earnings ratio of 7.49, a PEG ratio of 0.37 and a beta of 2.52. United Rentals, Inc. has a 52-week low of $94.28 and a 52-week high of $190.30. The company has a quick ratio of 0.78, a current ratio of 0.83 and a debt-to-equity ratio of 3.19.

United Rentals (NYSE:URI) last posted its earnings results on Wednesday, January 23rd. The construction company reported $4.85 earnings per share for the quarter, topping the consensus estimate of $4.77 by $0.08. The firm had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.22 billion. United Rentals had a return on equity of 41.91% and a net margin of 13.62%. The firm’s revenue was up 20.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.34 earnings per share. As a group, sell-side analysts anticipate that United Rentals, Inc. will post 19.31 EPS for the current year.

Several equities analysts have recently issued reports on the company. UBS Group set a $180.00 price objective on United Rentals and gave the company a “buy” rating in a research note on Thursday, November 15th. Zacks Investment Research upgraded United Rentals from a “hold” rating to a “buy” rating and set a $122.00 price objective for the company in a research note on Friday, December 14th. Barclays initiated coverage on United Rentals in a research note on Friday, December 14th. They issued an “equal weight” rating and a $130.00 price objective for the company. Finally, Standpoint Research cut United Rentals from a “buy” rating to a “hold” rating in a research note on Tuesday, February 19th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company. United Rentals has an average rating of “Hold” and an average price target of $157.09.

Hedge funds have recently bought and sold shares of the stock. Private Advisor Group LLC increased its position in United Rentals by 14.5% during the third quarter. Private Advisor Group LLC now owns 5,502 shares of the construction company’s stock worth $900,000 after buying an additional 695 shares during the period. Wells Fargo & Company MN boosted its position in United Rentals by 6.5% during the third quarter. Wells Fargo & Company MN now owns 339,448 shares of the construction company’s stock worth $55,534,000 after purchasing an additional 20,751 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in United Rentals by 20.0% during the third quarter. Janney Montgomery Scott LLC now owns 15,597 shares of the construction company’s stock worth $2,552,000 after purchasing an additional 2,598 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in United Rentals by 35.7% during the third quarter. Commonwealth Equity Services LLC now owns 14,849 shares of the construction company’s stock worth $2,429,000 after purchasing an additional 3,903 shares in the last quarter. Finally, Lincoln National Corp purchased a new stake in United Rentals during the third quarter worth $200,000. Hedge funds and other institutional investors own 85.69% of the company’s stock.

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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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Insider Buying and Selling by Quarter for United Rentals (NYSE:URI)

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