Wolf Group Capital Advisors Has $1.72 Million Stock Holdings in United Rentals, Inc. (NYSE:URI)

Wolf Group Capital Advisors lessened its stake in shares of United Rentals, Inc. (NYSE:URI - Free Report) by 22.7% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,736 shares of the construction company's stock after selling 805 shares during the period. Wolf Group Capital Advisors' holdings in United Rentals were worth $1,715,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of URI. Rialto Wealth Management LLC bought a new stake in United Rentals in the fourth quarter valued at approximately $25,000. Murphy & Mullick Capital Management Corp bought a new stake in United Rentals in the fourth quarter valued at approximately $27,000. Meeder Asset Management Inc. raised its stake in United Rentals by 241.7% in the fourth quarter. Meeder Asset Management Inc. now owns 41 shares of the construction company's stock valued at $29,000 after buying an additional 29 shares during the period. Kestra Investment Management LLC bought a new stake in United Rentals in the fourth quarter valued at approximately $34,000. Finally, OFI Invest Asset Management bought a new stake in United Rentals in the fourth quarter valued at approximately $36,000. Institutional investors own 96.26% of the company's stock.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Citigroup dropped their price objective on United Rentals from $720.00 to $650.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. UBS Group upgraded United Rentals from a "sell" rating to a "neutral" rating and increased their target price for the stock from $485.00 to $780.00 in a research note on Friday, May 16th. Sanford C. Bernstein upgraded United Rentals from an "underperform" rating to a "market perform" rating and lowered their target price for the stock from $705.00 to $666.00 in a research note on Tuesday, March 25th. Cfra Research upgraded United Rentals to a "strong-buy" rating in a research note on Friday, April 25th. Finally, Robert W. Baird increased their target price on United Rentals from $535.00 to $571.00 and gave the stock a "neutral" rating in a research note on Friday, April 25th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, United Rentals has an average rating of "Moderate Buy" and a consensus price target of $753.64.

Insider Buying and Selling at United Rentals

In other United Rentals news, VP Andrew B. Limoges sold 708 shares of the firm's stock in a transaction on Monday, May 12th. The stock was sold at an average price of $705.86, for a total value of $499,748.88. Following the sale, the vice president now owns 1,921 shares of the company's stock, valued at approximately $1,355,957.06. This trade represents a 26.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Michael D. Durand sold 1,100 shares of the firm's stock in a transaction on Tuesday, April 29th. The shares were sold at an average price of $626.28, for a total value of $688,908.00. Following the completion of the sale, the executive vice president now directly owns 8,748 shares in the company, valued at approximately $5,478,697.44. This represents a 11.17% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.53% of the company's stock.

United Rentals Price Performance

NYSE:URI traded up $3.40 during trading hours on Thursday, reaching $698.39. 373,033 shares of the company were exchanged, compared to its average volume of 586,405. The company has a market capitalization of $45.40 billion, a P/E ratio of 18.08, a P/E/G ratio of 1.71 and a beta of 1.70. United Rentals, Inc. has a 1-year low of $525.91 and a 1-year high of $896.98. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.85 and a quick ratio of 0.79. The business has a 50 day moving average of $671.47 and a 200 day moving average of $688.02.

United Rentals (NYSE:URI - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The construction company reported $8.86 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $8.92 by ($0.06). The company had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.61 billion. United Rentals had a return on equity of 33.11% and a net margin of 16.38%. The company's quarterly revenue was up 6.7% compared to the same quarter last year. During the same period in the prior year, the company earned $9.15 EPS. Research analysts forecast that United Rentals, Inc. will post 44.8 EPS for the current year.

United Rentals Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th were given a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date of this dividend was Wednesday, May 14th. United Rentals's dividend payout ratio is currently 18.54%.

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.