U.S. Capital Wealth Advisors LLC Decreases Position in United Rentals, Inc. (NYSE:URI)

U.S. Capital Wealth Advisors LLC decreased its holdings in United Rentals, Inc. (NYSE:URI) by 2.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 3,762 shares of the construction company’s stock after selling 87 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in United Rentals were worth $2,650,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of URI. Greenleaf Trust grew its holdings in United Rentals by 1.1% during the 4th quarter. Greenleaf Trust now owns 1,667 shares of the construction company’s stock valued at $1,174,000 after buying an additional 18 shares in the last quarter. DAVENPORT & Co LLC grew its stake in United Rentals by 35.3% in the 4th quarter. DAVENPORT & Co LLC now owns 1,001 shares of the construction company’s stock worth $705,000 after buying an additional 261 shares in the last quarter. Precision Wealth Strategies LLC grew its position in United Rentals by 9.1% in the fourth quarter. Precision Wealth Strategies LLC now owns 480 shares of the construction company’s stock worth $338,000 after acquiring an additional 40 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its holdings in shares of United Rentals by 5.6% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 2,141 shares of the construction company’s stock worth $1,508,000 after purchasing an additional 114 shares in the last quarter. Finally, Capital Insight Partners LLC boosted its stake in United Rentals by 7.0% in the fourth quarter. Capital Insight Partners LLC now owns 1,383 shares of the construction company’s stock worth $974,000 after buying an additional 90 shares in the last quarter. 96.26% of the stock is currently owned by hedge funds and other institutional investors.

United Rentals Price Performance

Shares of URI opened at $739.27 on Tuesday. The firm has a market cap of $48.28 billion, a PE ratio of 19.08, a P/E/G ratio of 1.52 and a beta of 1.69. The company has a current ratio of 0.98, a quick ratio of 0.92 and a debt-to-equity ratio of 1.42. United Rentals, Inc. has a 1-year low of $596.48 and a 1-year high of $896.98. The firm has a fifty day simple moving average of $762.23 and a two-hundred day simple moving average of $769.67.

United Rentals (NYSE:URI) last announced its earnings results on Wednesday, January 29th. The construction company reported $11.59 EPS for the quarter, missing analysts’ consensus estimates of $11.65 by ($0.06). United Rentals had a net margin of 16.78% and a return on equity of 34.21%. On average, equities analysts anticipate that United Rentals, Inc. will post 46.09 EPS for the current year.

United Rentals Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th will be issued a $1.79 dividend. This represents a $7.16 annualized dividend and a yield of 0.97%. This is a positive change from United Rentals’s previous quarterly dividend of $1.63. The ex-dividend date is Wednesday, February 12th. United Rentals’s dividend payout ratio is currently 18.48%.

Wall Street Analyst Weigh In

URI has been the subject of several analyst reports. Baird R W upgraded shares of United Rentals from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Bank of America lifted their target price on shares of United Rentals from $800.00 to $910.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. JPMorgan Chase & Co. raised their target price on United Rentals from $940.00 to $1,000.00 and gave the company an “overweight” rating in a research note on Friday. Argus lifted 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. Finally, Citigroup lowered their price objective on United Rentals from $985.00 to $835.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently 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.