United Rentals, Inc. (NYSE:URI) Holdings Trimmed by Leibman Financial Services Inc.

Leibman Financial Services Inc. decreased its position in United Rentals, Inc. (NYSE:URI) by 8.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,503 shares of the construction company’s stock after selling 614 shares during the period. United Rentals accounts for 3.4% of Leibman Financial Services Inc.’s investment portfolio, making the stock its 6th biggest holding. Leibman Financial Services Inc.’s holdings in United Rentals were worth $4,581,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of URI. ORG Wealth Partners LLC bought a new position in United Rentals in the 4th quarter worth about $26,000. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of United Rentals in the third quarter valued at approximately $31,000. Carmichael Hill & Associates Inc. grew its stake in United Rentals by 80.0% during the third quarter. Carmichael Hill & Associates Inc. now owns 45 shares of the construction company’s stock valued at $36,000 after acquiring an additional 20 shares in the last quarter. HM Payson & Co. bought a new stake in United Rentals during the 3rd quarter worth approximately $41,000. Finally, Trust Co. of Vermont lifted its stake in United Rentals by 6,000.0% in the 3rd quarter. Trust Co. of Vermont now owns 61 shares of the construction company’s stock worth $49,000 after purchasing an additional 60 shares in the last quarter. Institutional investors own 96.26% of the company’s stock.

United Rentals Stock Performance

Shares of URI stock opened at $688.06 on Tuesday. The company has a market capitalization of $45.15 billion, a P/E ratio of 17.97, a P/E/G ratio of 1.83 and a beta of 1.69. The business’s 50 day moving average is $787.08 and its two-hundred day moving average is $759.44. The company has a current ratio of 0.82, a quick ratio of 0.77 and a debt-to-equity ratio of 1.38. United Rentals, Inc. has a 12-month low of $545.16 and a 12-month high of $896.98.

United Rentals (NYSE:URI) last released its quarterly earnings data 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 business had revenue of $3.99 billion during the quarter, compared to analyst estimates of $4.01 billion. The firm’s revenue was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $11.73 EPS. Analysts expect that United Rentals, Inc. will post 43.46 EPS for the current fiscal year.

United Rentals Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were issued a $1.63 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $6.52 annualized dividend and a dividend yield of 0.95%. United Rentals’s dividend payout ratio is presently 17.03%.

Insider Buying and Selling

In other United Rentals news, SVP Anthony S. Leopold sold 900 shares of the stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $823.24, for a total value of $740,916.00. Following the sale, the senior vice president now directly owns 2,044 shares of the company’s stock, valued at approximately $1,682,702.56. This represents a 30.57 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.53% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

URI has been the topic of a number of research analyst reports. JPMorgan Chase & Co. increased their price target on shares of United Rentals from $780.00 to $940.00 and gave the stock an “overweight” rating in a report on Monday, September 23rd. Barclays lifted their price target on United Rentals from $400.00 to $565.00 and gave the stock an “underweight” rating in a research note on Friday, October 25th. Bank of America raised their price objective on United Rentals from $800.00 to $910.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Citigroup upped their target price on United Rentals from $955.00 to $985.00 and gave the stock a “buy” rating in a research note on Monday, December 9th. Finally, Robert W. Baird lifted their price target on shares of United Rentals from $565.00 to $650.00 and gave the stock an “underperform” rating in a research note on Thursday, October 3rd. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $817.08.

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.