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

United Rentals, Inc. (NYSE:URI) CFO Jessica Graziano sold 547 shares of United Rentals stock in a transaction dated Tuesday, March 12th. The stock was 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 directly owns 11,247 shares in the company, valued at approximately $1,387,429.92. The sale was disclosed in a document filed with the SEC, which is available at this link.

URI traded down $0.17 on Friday, hitting $121.54. The company had a trading volume of 21,972 shares, compared to its average volume of 1,577,292. United Rentals, Inc. has a 1-year low of $94.28 and a 1-year high of $190.30. The company has a debt-to-equity ratio of 3.19, a quick ratio of 0.78 and a current ratio of 0.83. The firm has a market cap of $9.69 billion, a P/E ratio of 7.47, a price-to-earnings-growth ratio of 0.37 and a beta of 2.52.

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 Thomson Reuters’ consensus estimate of $4.77 by $0.08. United Rentals had a return on equity of 41.91% and a net margin of 13.62%. The firm had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.22 billion. During the same period in the previous year, the company earned $3.34 EPS. The company’s revenue for the quarter was up 20.0% on a year-over-year basis. As a group, analysts anticipate that United Rentals, Inc. will post 19.31 earnings per share for the current fiscal year.



A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Oregon Public Employees Retirement Fund lifted its holdings in United Rentals by 8,780.6% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 6,322,512 shares of the construction company’s stock worth $62,000 after purchasing an additional 6,251,317 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of United Rentals by 2.6% during the fourth quarter. BlackRock Inc. now owns 5,930,671 shares of the construction company’s stock worth $608,071,000 after buying an additional 148,206 shares during the last quarter. Amundi Pioneer Asset Management Inc. lifted its holdings in shares of United Rentals by 37.0% during the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 2,375,290 shares of the construction company’s stock worth $243,539,000 after buying an additional 641,130 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of United Rentals by 6.4% during the third quarter. JPMorgan Chase & Co. now owns 1,872,326 shares of the construction company’s stock worth $306,312,000 after buying an additional 112,939 shares during the last quarter. Finally, FMR LLC lifted its holdings in shares of 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. Hedge funds and other institutional investors own 85.69% of the company’s stock.

URI has been the topic of several research analyst reports. 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. Zacks Investment Research cut United Rentals from a “buy” rating to a “hold” rating in a research note on Friday, January 11th. Barclays started coverage on United Rentals in a research note on Friday, December 14th. They issued an “equal weight” rating and a $130.00 price target 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 given a hold rating and eight have issued a buy rating to the company. The company currently has an average 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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