United Rentals, Inc. $URI Shares Sold by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. lowered its position in shares of United Rentals, Inc. (NYSE:URI) by 32.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,357 shares of the construction company’s stock after selling 1,111 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in United Rentals were worth $1,908,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Dymon Asia Capital Singapore PTE. LTD. acquired a new stake in United Rentals during the fourth quarter valued at approximately $2,095,000. Eventide Asset Management LLC raised its stake in United Rentals by 19.6% during the fourth quarter. Eventide Asset Management LLC now owns 95,940 shares of the construction company’s stock valued at $77,666,000 after buying an additional 15,696 shares in the last quarter. Entropy Technologies LP acquired a new stake in shares of United Rentals during the 4th quarter worth approximately $12,627,000. Aigen Investment Management LP bought a new stake in shares of United Rentals in the 4th quarter worth approximately $2,757,000. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of United Rentals in the 4th quarter worth approximately $102,945,000. Institutional investors and hedge funds own 96.26% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Matthew John Flannery sold 22,768 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $984.98, for a total transaction of $22,426,024.64. Following the sale, the chief executive officer owned 99,980 shares of the company’s stock, valued at $98,478,300.40. The trade was a 18.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Joli L. Gross sold 306 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $954.99, for a total value of $292,226.94. Following the completion of the sale, the senior vice president owned 5,738 shares of the company’s stock, valued at $5,479,732.62. This trade represents a 5.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 26,088 shares of company stock worth $25,628,877. 0.47% of the stock is owned by company insiders.

United Rentals Trading Up 0.8%

NYSE:URI opened at $1,082.43 on Tuesday. United Rentals, Inc. has a 1 year low of $682.08 and a 1 year high of $1,106.88. The stock has a market cap of $67.81 billion, a price-to-earnings ratio of 27.61, a PEG ratio of 1.70 and a beta of 1.81. The business has a fifty day moving average of $927.44 and a 200-day moving average of $864.50. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.74 and a current ratio of 0.80.

United Rentals (NYSE:URI) last released its quarterly earnings results on Wednesday, April 22nd. The construction company reported $9.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.47 by ($1.76). United Rentals had a return on equity of 30.56% and a net margin of 15.32%.The business had revenue of $3.99 billion during the quarter, compared to the consensus estimate of $4.20 billion. During the same period in the previous year, the company posted $8.86 EPS. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. Equities analysts predict that United Rentals, Inc. will post 47.26 earnings per share for the current year.

United Rentals Announces Dividend

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

Wall Street Analyst Weigh In

URI has been the subject of a number of analyst reports. Sanford C. Bernstein set a $903.00 price objective on United Rentals and gave the company an “outperform” rating in a research report on Thursday, April 9th. Evercore restated an “outperform” rating and set a $1,101.00 price objective on shares of United Rentals in a research report on Monday, May 11th. KeyCorp boosted their price objective on United Rentals from $950.00 to $1,150.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Morgan Stanley reaffirmed an “overweight” rating and issued a $1,030.00 price objective on shares of United Rentals in a report on Friday, April 24th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $1,275.00 price objective on shares of United Rentals in a research report on Wednesday, June 10th. Thirteen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,045.81.

United Rentals Profile

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.