United Rentals, Inc. (NYSE:URI) Shares Sold by Hudson Value Partners LLC

Hudson Value Partners LLC reduced its position in United Rentals, Inc. (NYSE:URI) by 5.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 2,238 shares of the construction company’s stock after selling 125 shares during the quarter. Hudson Value Partners LLC’s holdings in United Rentals were worth $1,577,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Creative Planning grew its holdings in shares of United Rentals by 7.9% in the third quarter. Creative Planning now owns 13,046 shares of the construction company’s stock valued at $10,563,000 after purchasing an additional 959 shares during the period. Stratos Wealth Advisors LLC raised its holdings in United Rentals by 18.4% in the third quarter. Stratos Wealth Advisors LLC now owns 560 shares of the construction company’s stock valued at $454,000 after acquiring an additional 87 shares in the last quarter. Blue Trust Inc. increased its stake in United Rentals by 168.8% in the third quarter. Blue Trust Inc. now owns 906 shares of the construction company’s stock valued at $734,000 after purchasing an additional 569 shares during the last quarter. Raleigh Capital Management Inc. increased its stake in United Rentals by 61.2% in the third quarter. Raleigh Capital Management Inc. now owns 79 shares of the construction company’s stock valued at $64,000 after purchasing an additional 30 shares during the last quarter. Finally, Sequoia Financial Advisors LLC grew its position in shares of United Rentals by 11.6% during the third quarter. Sequoia Financial Advisors LLC now owns 1,346 shares of the construction company’s stock worth $1,090,000 after acquiring an additional 140 shares during the last quarter. 96.26% of the stock is currently owned by institutional investors and hedge funds.

United Rentals Price Performance

United Rentals stock opened at $721.61 on Wednesday. The business has a 50 day simple moving average of $737.38 and a 200 day simple moving average of $770.38. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.98 and a quick ratio of 0.92. United Rentals, Inc. has a one year low of $596.48 and a one year high of $896.98. The company has a market capitalization of $47.13 billion, a PE ratio of 18.62, a price-to-earnings-growth ratio of 1.52 and a beta of 1.68.

United Rentals (NYSE:URI) last released its earnings results on Wednesday, January 29th. The construction company reported $11.59 EPS for the quarter, missing the consensus estimate of $11.65 by ($0.06). United Rentals had a net margin of 16.78% and a return on equity of 34.21%. On average, sell-side analysts forecast that United Rentals, Inc. will post 44.93 EPS for the current fiscal year.

United Rentals Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th will be issued a dividend of $1.79 per share. The ex-dividend date is Wednesday, February 12th. This is a positive change from United Rentals’s previous quarterly dividend of $1.63. This represents a $7.16 annualized dividend and a yield of 0.99%. United Rentals’s payout ratio is currently 18.48%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on URI. Robert W. Baird upgraded shares of United Rentals from an “underperform” rating to a “neutral” rating and set a $658.00 price objective on the stock in a research report on Tuesday, January 14th. Argus boosted their target price on shares of United Rentals from $840.00 to $880.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Bank of America lifted their price target on United Rentals from $800.00 to $910.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Citigroup decreased their target price on United Rentals from $985.00 to $835.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. Finally, Baird R W raised United Rentals from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 14th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $814.08.

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.