Clarius Group LLC Purchases 34 Shares of United Rentals, Inc. (NYSE:URI)

Clarius Group LLC grew its position in shares of United Rentals, Inc. (NYSE:URI) by 7.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 492 shares of the construction company’s stock after buying an additional 34 shares during the quarter. Clarius Group LLC’s holdings in United Rentals were worth $347,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Mayflower Financial Advisors LLC increased its position in United Rentals by 4.0% during the third quarter. Mayflower Financial Advisors LLC now owns 339 shares of the construction company’s stock worth $274,000 after acquiring an additional 13 shares during the period. Allen Capital Group LLC raised its position in shares of United Rentals by 4.2% in the third 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 in the last quarter. First County Bank CT boosted its stake in shares of United Rentals by 3.2% in the third quarter. First County Bank CT now owns 422 shares of the construction company’s stock valued at $342,000 after buying an additional 13 shares during the period. IAM Advisory LLC grew its position in United Rentals by 1.6% during the third quarter. IAM Advisory LLC now owns 900 shares of the construction company’s stock worth $729,000 after buying an additional 14 shares in the last quarter. Finally, CVA Family Office LLC grew its position in United Rentals by 1.7% during the third quarter. CVA Family Office LLC now owns 844 shares of the construction company’s stock worth $683,000 after buying an additional 14 shares in the last quarter. Institutional investors and hedge funds own 96.26% of the company’s stock.

United Rentals Price Performance

Shares of NYSE:URI opened at $770.81 on Monday. The firm has a market cap of $50.58 billion, a PE ratio of 20.13, a price-to-earnings-growth ratio of 1.46 and a beta of 1.69. United Rentals, Inc. has a 52 week low of $553.22 and a 52 week high of $896.98. The firm’s fifty day moving average is $778.79 and its 200-day moving average is $762.34. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.77 and a current ratio of 0.82.

United Rentals (NYSE:URI) last released its quarterly earnings results on Wednesday, October 23rd. The construction company reported $11.80 EPS for the quarter, missing analysts’ consensus estimates of $12.49 by ($0.69). United Rentals had a net margin of 17.12% and a return on equity of 34.73%. The company had revenue of $3.99 billion during the quarter, compared to the consensus estimate of $4.01 billion. During the same quarter last year, the firm posted $11.73 EPS. The company’s quarterly revenue was up 6.0% on a year-over-year basis. Sell-side analysts predict that United Rentals, Inc. will post 43.46 earnings per share for the current year.

United Rentals Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were issued a dividend of $1.63 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $6.52 annualized dividend and a yield of 0.85%. United Rentals’s payout ratio is 17.03%.

Insider Transactions at United Rentals

In related news, SVP Anthony S. Leopold sold 900 shares of United Rentals stock in a transaction on Monday, October 28th. The shares were sold at an average price of $823.24, for a total transaction of $740,916.00. Following the completion of the transaction, the senior vice president now owns 2,044 shares of the company’s stock, valued at $1,682,702.56. This trade represents a 30.57 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.49% of the company’s stock.

Wall Street Analysts Forecast Growth

URI has been the topic of several analyst reports. Bank of America increased their target price on United Rentals from $800.00 to $910.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Citigroup cut their price target on shares of United Rentals from $985.00 to $835.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. Baird R W raised shares of United Rentals from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Barclays raised their target price on United Rentals from $400.00 to $565.00 and gave the company an “underweight” rating in a report on Friday, October 25th. Finally, JPMorgan Chase & Co. raised their price objective on United Rentals from $780.00 to $940.00 and gave the company an “overweight” rating in a research note on Monday, September 23rd. One analyst has rated the stock with a sell rating, three have issued a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $805.08.

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.