Edmond DE Rothschild Holding S.A. bought a new position in shares of United Rentals, Inc. (NYSE:URI) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 2,550 shares of the construction company’s stock, valued at approximately $261,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Private Advisor Group LLC grew its position in shares of United Rentals by 14.5% during the third quarter. Private Advisor Group LLC now owns 5,502 shares of the construction company’s stock worth $900,000 after buying an additional 695 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of United Rentals by 6.5% during the third quarter. Wells Fargo & Company MN now owns 339,448 shares of the construction company’s stock worth $55,534,000 after buying an additional 20,751 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of United Rentals by 20.0% during the third quarter. Janney Montgomery Scott LLC now owns 15,597 shares of the construction company’s stock worth $2,552,000 after buying an additional 2,598 shares in the last quarter. Commonwealth Equity Services LLC grew its position in shares of United Rentals by 35.7% during the third quarter. Commonwealth Equity Services LLC now owns 14,849 shares of the construction company’s stock worth $2,429,000 after buying an additional 3,903 shares in the last quarter. Finally, Lincoln National Corp acquired a new position in shares of United Rentals during the third quarter worth about $200,000. Hedge funds and other institutional investors own 85.69% of the company’s stock.

Shares of URI opened at $120.14 on Friday. The company has a debt-to-equity ratio of 3.19, a current ratio of 0.83 and a quick ratio of 0.78. The company has a market capitalization of $9.69 billion, a P/E ratio of 7.39, a price-to-earnings-growth ratio of 0.37 and a beta of 2.52. United Rentals, Inc. has a 52-week low of $94.28 and a 52-week high of $190.30.

United Rentals (NYSE:URI) last announced its quarterly earnings results on Wednesday, January 23rd. The construction company reported $4.85 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $4.77 by $0.08. The firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate 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 period in the prior year, the company posted $3.34 earnings per share. On average, sell-side analysts predict that United Rentals, Inc. will post 19.31 EPS for the current fiscal year.

In other United Rentals news, EVP Craig Adam Pintoff sold 7,343 shares of the business’s stock in a transaction that occurred on Friday, January 25th. The stock was sold at an average price of $125.66, for a total value of $922,721.38. Following the completion of the sale, the executive vice president now owns 18,720 shares in the company, valued at $2,352,355.20. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Paul I. Mcdonnell sold 10,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $125.59, for a total value of $1,318,695.00. Following the completion of the sale, the executive vice president now owns 22,285 shares of the company’s stock, valued at approximately $2,798,773.15. The disclosure for this sale can be found here. Insiders sold 64,347 shares of company stock valued at $8,276,837 over the last ninety days. 1.00% of the stock is currently owned by corporate insiders.

A number of brokerages have recently commented on URI. Zacks Investment Research raised United Rentals from a “hold” rating to a “buy” rating and set a $143.00 price objective for the company in a research report on Wednesday, January 30th. Standpoint Research downgraded United Rentals from a “buy” rating to a “hold” rating in a research report on Tuesday, February 19th. Finally, Barclays began coverage on United Rentals in a research report on Friday, December 14th. They set an “equal weight” rating and a $130.00 price objective for the company. Two analysts have rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the company’s stock. United Rentals currently has an average rating of “Hold” and a consensus price target of $157.09.

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About United Rentals

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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Institutional Ownership by Quarter for United Rentals (NYSE:URI)

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