GHP Investment Advisors Inc. Grows Holdings in United Rentals, Inc. (NYSE:URI)

GHP Investment Advisors Inc. grew its holdings in shares of United Rentals, Inc. (NYSE:URI - Free Report) by 6.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,855 shares of the construction company's stock after buying an additional 877 shares during the period. GHP Investment Advisors Inc.'s holdings in United Rentals were worth $10,464,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the business. Mayflower Financial Advisors LLC increased its stake in United Rentals by 4.0% in the third quarter. Mayflower Financial Advisors LLC now owns 339 shares of the construction company's stock valued at $274,000 after purchasing an additional 13 shares during the last quarter. Allen Capital Group LLC grew its position in shares of United Rentals by 4.2% in the 3rd quarter. Allen Capital Group LLC now owns 324 shares of the construction company's stock valued at $262,000 after buying an additional 13 shares during the last quarter. First County Bank CT raised its stake in United Rentals by 3.2% during the 3rd quarter. First County Bank CT now owns 422 shares of the construction company's stock worth $342,000 after acquiring an additional 13 shares in the last quarter. CVA Family Office LLC lifted its position in United Rentals by 1.7% in the third quarter. CVA Family Office LLC now owns 844 shares of the construction company's stock valued at $683,000 after acquiring an additional 14 shares during the last quarter. Finally, Concurrent Investment Advisors LLC boosted its stake in United Rentals by 3.2% in the third quarter. Concurrent Investment Advisors LLC now owns 453 shares of the construction company's stock valued at $367,000 after acquiring an additional 14 shares in the last quarter. 96.26% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

URI has been the subject of several research reports. Robert W. Baird raised United Rentals from an "underperform" rating to a "neutral" rating and set a $658.00 target price for the company in a report on Tuesday, January 14th. Morgan Stanley lowered their target price on shares of United Rentals from $775.00 to $765.00 and set an "equal weight" rating on the stock in a research report on Monday, February 3rd. Bank of America lifted their target price on shares of United Rentals from $800.00 to $910.00 and gave the company a "buy" rating in a report on Thursday, October 24th. Baird R W upgraded shares of United Rentals from a "strong sell" rating to a "hold" rating in a research note on Tuesday, January 14th. Finally, Barclays upped their target price on shares of United Rentals from $400.00 to $565.00 and gave the company an "underweight" rating in a report on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat, United Rentals has an average rating of "Moderate Buy" and a consensus target price of $814.08.

United Rentals Trading Up 0.9 %

URI traded up $6.46 during midday trading on Monday, hitting $747.16. The company's stock had a trading volume of 343,345 shares, compared to its average volume of 681,854. The firm has a market cap of $48.80 billion, a P/E ratio of 19.28, a PEG ratio of 1.54 and a beta of 1.68. United Rentals, Inc. has a 52-week low of $596.48 and a 52-week high of $896.98. The company has a current ratio of 0.98, a quick ratio of 0.92 and a debt-to-equity ratio of 1.42. The firm has a 50-day moving average price of $752.83 and a two-hundred day moving average price of $770.13.

United Rentals (NYSE:URI - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The construction company reported $11.59 earnings per share for the quarter, missing analysts' consensus estimates 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, research analysts anticipate that United Rentals, Inc. will post 44.93 earnings per share for the current year.

United Rentals Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th will be issued a $1.79 dividend. This represents a $7.16 dividend on an annualized basis and a dividend yield of 0.96%. This is an increase from United Rentals's previous quarterly dividend of $1.63. The ex-dividend date is Wednesday, February 12th. United Rentals's dividend payout ratio (DPR) is 16.83%.

About United Rentals

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.