Realta Investment Advisors Buys 90 Shares of United Rentals, Inc. (NYSE:URI)

Realta Investment Advisors increased its stake in shares of United Rentals, Inc. (NYSE:URI) by 32.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 365 shares of the construction company’s stock after purchasing an additional 90 shares during the quarter. Realta Investment Advisors’ holdings in United Rentals were worth $254,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC raised its position in shares of United Rentals by 82,462.2% during the third quarter. International Assets Investment Management LLC now owns 1,606,661 shares of the construction company’s stock worth $1,300,962,000 after acquiring an additional 1,604,715 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in United Rentals by 15.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 787,877 shares of the construction company’s stock worth $637,968,000 after purchasing an additional 105,287 shares during the last quarter. FMR LLC boosted its stake in shares of United Rentals by 3.7% in the 3rd quarter. FMR LLC now owns 2,416,568 shares of the construction company’s stock valued at $1,956,768,000 after purchasing an additional 85,325 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in shares of United Rentals by 10.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 704,145 shares of the construction company’s stock worth $570,167,000 after buying an additional 66,957 shares during the period. Finally, Franklin Resources Inc. raised its stake in shares of United Rentals by 6.1% during the third quarter. Franklin Resources Inc. now owns 996,014 shares of the construction company’s stock worth $862,110,000 after buying an additional 57,002 shares during the last quarter. Institutional investors own 96.26% of the company’s stock.

United Rentals Trading Down 1.2 %

Shares of NYSE:URI opened at $740.69 on Friday. The firm has a market cap of $48.37 billion, a price-to-earnings ratio of 19.11, a PEG ratio of 1.54 and a beta of 1.68. United Rentals, Inc. has a 12 month low of $596.48 and a 12 month high of $896.98. The company’s fifty day simple moving average is $752.83 and its 200 day simple moving average is $769.57. The company has a quick ratio of 0.92, a current ratio of 0.98 and a debt-to-equity ratio of 1.42.

United Rentals (NYSE:URI) last released its quarterly earnings results on Wednesday, January 29th. The construction company reported $11.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.65 by ($0.06). United Rentals had a net margin of 16.78% and a return on equity of 34.21%. As a group, research analysts forecast that United Rentals, Inc. will post 44.93 EPS for the current fiscal year.

United Rentals Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th will be paid a dividend of $1.79 per share. This is a boost from United Rentals’s previous quarterly dividend of $1.63. This represents a $7.16 annualized dividend and a dividend yield of 0.97%. The ex-dividend date of this dividend is Wednesday, February 12th. United Rentals’s dividend payout ratio (DPR) is currently 16.83%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on URI shares. Robert W. Baird raised shares of United Rentals from an “underperform” rating to a “neutral” rating and set a $658.00 price objective on the stock in a research note on Tuesday, January 14th. Morgan Stanley decreased their price objective on United Rentals from $775.00 to $765.00 and set an “equal weight” rating for the company in a research note on Monday, February 3rd. Citigroup cut their target price on United Rentals from $985.00 to $835.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Bank of America boosted their target price on United Rentals from $800.00 to $910.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Finally, Argus increased their price target on shares of United Rentals from $840.00 to $880.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $814.08.

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.