United Rentals, Inc. (URI) VP Andrew B. Limoges Sells 146 Shares

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United Rentals, Inc. (NYSE:URI) VP Andrew B. Limoges sold 146 shares of the firm’s stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $123.45, for a total value of $18,023.70. Following the completion of the sale, the vice president now owns 1,114 shares of the company’s stock, valued at $137,523.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

United Rentals stock traded down $0.42 during mid-day trading on Friday, hitting $121.29. The stock had a trading volume of 46,425 shares, compared to its average volume of 1,577,292. The stock has a market cap of $9.69 billion, a price-to-earnings ratio of 7.45, a P/E/G ratio of 0.37 and a beta of 2.52. United Rentals, Inc. has a 12 month low of $94.28 and a 12 month 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 quarterly earnings results on Wednesday, January 23rd. The construction company reported $4.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.77 by $0.08. The business had revenue of $2.31 billion for 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 quarterly revenue was up 20.0% compared to the same quarter last year. During the same quarter last year, the business earned $3.34 earnings per share. As a group, sell-side analysts expect that United Rentals, Inc. will post 19.31 EPS for the current year.

A number of institutional investors have recently bought and sold shares of the stock. Norges Bank bought a new position in United Rentals in the fourth quarter valued at about $76,188,000. Teacher Retirement System of Texas boosted its holdings in United Rentals by 98.5% during the fourth quarter. Teacher Retirement System of Texas now owns 115,042 shares of the construction company’s stock worth $11,795,000 after buying an additional 57,072 shares during the last quarter. FMR LLC boosted its holdings in United Rentals by 2.9% during the fourth quarter. FMR LLC now owns 1,557,250 shares of the construction company’s stock worth $159,665,000 after buying an additional 44,492 shares during the last quarter. Kentucky Retirement Systems bought a new position in United Rentals during the fourth quarter worth about $362,000. Finally, B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund bought a new position in United Rentals during the fourth quarter worth about $372,000. Institutional investors and hedge funds own 85.69% of the company’s stock.

A number of analysts have recently weighed in on the company. Standpoint Research lowered United Rentals from a “buy” rating to a “hold” rating in a research note on Tuesday, February 19th. Zacks Investment Research upgraded United Rentals from a “hold” rating to a “buy” rating and set a $143.00 target price for the company in a research note on Wednesday, January 30th. Barclays assumed coverage on United Rentals in a research note on Friday, December 14th. They issued an “equal weight” rating and a $130.00 target price for the company. Finally, UBS Group set a $180.00 target price on United Rentals and gave the company a “buy” rating in a research note on Thursday, November 15th. 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’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $157.09.

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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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