Deutsche Bank AG restated their hold rating on shares of United Rentals, Inc. (NYSE:URI) in a report published on Sunday. They currently have a $120.00 price target on the construction company’s stock, down from their previous price target of $131.00.

A number of other research firms also recently commented on URI. Argus downgraded shares of United Rentals from a buy rating to a hold rating in a report on Thursday, February 2nd. They noted that the move was a valuation call. Zacks Investment Research downgraded shares of United Rentals from a buy rating to a hold rating in a report on Thursday, February 2nd. Axiom Securities reaffirmed a sell rating on shares of United Rentals in a report on Tuesday, January 31st. Jefferies Group LLC lifted their price objective on shares of United Rentals from $130.00 to $150.00 and gave the stock a buy rating in a report on Monday, January 30th. Finally, Stifel Nicolaus lifted their price objective on shares of United Rentals from $112.00 to $130.00 and gave the stock a hold rating in a report on Friday, January 27th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of $119.23.

Analyst Recommendations for United Rentals (NYSE:URI)

United Rentals (NYSE:URI) traded down 1.57% on Friday, reaching $111.46. 3,743,439 shares of the company’s stock traded hands. The firm has a market capitalization of $9.40 billion, a P/E ratio of 17.28 and a beta of 2.49. The stock has a 50-day moving average of $122.71 and a 200 day moving average of $107.90. United Rentals has a 52 week low of $58.83 and a 52 week high of $134.28.

United Rentals (NYSE:URI) last released its quarterly earnings results on Wednesday, April 19th. The construction company reported $1.63 earnings per share for the quarter, topping analysts’ consensus estimates of $1.51 by $0.12. The business earned $1.36 billion during the quarter, compared to the consensus estimate of $1.33 billion. United Rentals had a net margin of 9.82% and a return on equity of 50.17%. The business’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.40 earnings per share. On average, equities analysts expect that United Rentals will post $9.44 EPS for the current fiscal year.

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In other United Rentals news, VP Dale A. Asplund sold 6,654 shares of the business’s stock in a transaction dated Monday, March 13th. The shares were sold at an average price of $124.30, for a total value of $827,092.20. Following the sale, the vice president now directly owns 21,769 shares in the company, valued at $2,705,886.70. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Brian Mcauley sold 3,000 shares of the business’s stock in a transaction dated Thursday, February 2nd. The stock was sold at an average price of $127.46, for a total transaction of $382,380.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 65,822 shares of company stock worth $8,285,451. 1.30% of the stock is owned by company insiders.

Large investors have recently modified their holdings of the company. State of Alaska Department of Revenue acquired a new stake in shares of United Rentals during the first quarter valued at approximately $127,000. Contravisory Investment Management Inc. boosted its position in shares of United Rentals by 48.5% in the first quarter. Contravisory Investment Management Inc. now owns 1,295 shares of the construction company’s stock worth $162,000 after buying an additional 423 shares in the last quarter. Bessemer Group Inc. boosted its position in shares of United Rentals by 160.0% in the fourth quarter. Bessemer Group Inc. now owns 1,300 shares of the construction company’s stock worth $138,000 after buying an additional 800 shares in the last quarter. Pennsylvania Trust Co bought a new position in shares of United Rentals during the first quarter worth $200,000. Finally, Silvercrest Asset Management Group LLC bought a new position in shares of United Rentals during the fourth quarter worth $212,000. Hedge funds and other institutional investors own 95.15% of the company’s stock.

United Rentals Company Profile

United Rentals, Inc is a holding company. The Company is an equipment rental company, which operates throughout the United States and Canada. It operates through two segments: general rentals, and trench, power and pump. The general rentals segment includes the rental of construction, aerial, industrial and homeowner equipment and related services and activities.

5 Day Chart for NYSE:URI

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