Values First Advisors Inc. Purchases 563 Shares of United Rentals, Inc. $URI

Values First Advisors Inc. lifted its position in shares of United Rentals, Inc. (NYSE:URI) by 55.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,578 shares of the construction company’s stock after purchasing an additional 563 shares during the quarter. Values First Advisors Inc.’s holdings in United Rentals were worth $1,149,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Aventura Private Wealth LLC acquired a new position in United Rentals during the fourth quarter worth $27,000. Core Wealth Advisors LLC bought a new position in shares of United Rentals in the fourth quarter valued at $28,000. MV Capital Management Inc. acquired a new position in shares of United Rentals during the fourth quarter valued at about $28,000. Board of the Pension Protection Fund bought a new stake in shares of United Rentals during the fourth quarter worth about $32,000. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of United Rentals during the fourth quarter worth about $32,000. 96.26% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Royal Bank Of Canada raised their price target on shares of United Rentals from $1,041.00 to $1,119.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Truist Financial set a $1,209.00 price objective on United Rentals in a report on Friday, April 24th. Citigroup increased their price objective on United Rentals from $950.00 to $1,130.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Barclays raised their target price on United Rentals from $600.00 to $715.00 and gave the company an “underweight” rating in a report on Friday, April 24th. Finally, Evercore reaffirmed an “outperform” rating and set a $1,101.00 target price on shares of United Rentals in a research report on Monday, May 11th. Thirteen analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,045.81.

United Rentals Stock Up 1.5%

United Rentals stock opened at $1,092.73 on Tuesday. United Rentals, Inc. has a fifty-two week low of $693.78 and a fifty-two week high of $1,106.88. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.74 and a current ratio of 0.80. The firm’s 50-day simple moving average is $960.26 and its 200 day simple moving average is $873.79. The stock has a market cap of $68.46 billion, a PE ratio of 27.88, a price-to-earnings-growth ratio of 1.70 and a beta of 1.81.

United Rentals (NYSE:URI) last posted its quarterly earnings data on Wednesday, April 22nd. The construction company reported $9.71 EPS for the quarter, missing the consensus estimate of $11.47 by ($1.76). United Rentals had a net margin of 15.32% and a return on equity of 30.56%. The firm had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $4.20 billion. During the same quarter last year, the business posted $8.86 EPS. The company’s quarterly revenue was up 7.2% on a year-over-year basis. Research analysts predict that United Rentals, Inc. will post 47.26 EPS for the current fiscal year.

United Rentals Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 27th. Investors of record on Wednesday, May 13th were given a dividend of $1.97 per share. This represents a $7.88 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, May 13th. United Rentals’s dividend payout ratio (DPR) is presently 20.10%.

Insiders Place Their Bets

In other news, EVP Craig Adam Pintoff sold 2,466 shares of the firm’s stock in a transaction on Monday, April 27th. The stock was sold at an average price of $963.00, for a total transaction of $2,374,758.00. Following the completion of the sale, the executive vice president directly owned 14,774 shares of the company’s stock, valued at $14,227,362. This trade represents a 14.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Matthew John Flannery sold 22,768 shares of United Rentals stock in a transaction on Friday, April 24th. The stock was sold at an average price of $984.98, for a total value of $22,426,024.64. Following the sale, the chief executive officer owned 99,980 shares in the company, valued at $98,478,300.40. The trade was a 18.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 26,088 shares of company stock valued at $25,628,877. 0.47% of the stock is owned by insiders.

About United Rentals

United Rentals, Inc (NYSE: URI) is a leading equipment rental company headquartered in Stamford, Connecticut. The firm provides rental solutions and related services to construction, industrial, commercial, and municipal customers. Its business model centers on providing access to a broad fleet of equipment on a short-term or long-term basis, enabling customers to avoid the capital expenditure of ownership and to scale equipment use to match project needs.

The company’s product and service offerings span general construction equipment and a range of specialty categories, including aerial work platforms, earthmoving and excavation machines, material handling equipment, pumps, power and HVAC systems, trench and shoring solutions, and tools.