U.S. Capital Wealth Advisors LLC Sells 87 Shares of 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, according to the company in its most recent 13F filing with the SEC. The fund owned 3,762 shares of the construction company’s stock after selling 87 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in United Rentals were worth $2,650,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in URI. 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 position in shares of United Rentals by 15.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 787,877 shares of the construction company’s stock valued at $637,968,000 after acquiring an additional 105,287 shares during the period. FMR LLC raised its holdings in United Rentals by 3.7% in the third quarter. FMR LLC now owns 2,416,568 shares of the construction company’s stock worth $1,956,768,000 after purchasing an additional 85,325 shares during the period. The Manufacturers Life Insurance Company increased its position in shares of United Rentals by 10.5% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 704,145 shares of the construction company’s stock valued at $570,167,000 after buying an additional 66,957 shares in the last quarter. Finally, Franklin Resources Inc. increased its holdings in shares of United Rentals by 6.1% in the third quarter. Franklin Resources Inc. now owns 996,014 shares of the construction company’s stock worth $862,110,000 after acquiring an additional 57,002 shares in the last quarter. 96.26% of the stock is owned by institutional investors.

United Rentals Price Performance

Shares of NYSE URI opened at $739.27 on Tuesday. The company has a market capitalization 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 firm has a fifty day simple moving average of $762.23 and a 200 day simple moving average of $769.67. 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, Inc. has a twelve month low of $596.48 and a twelve month high of $896.98.

United Rentals (NYSE:URI) last posted its quarterly earnings results on Wednesday, January 29th. The construction company reported $11.59 earnings per share 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%. On average, sell-side analysts forecast that United Rentals, Inc. will post 46.09 EPS for the current year.

United Rentals Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th will be paid a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date of this dividend is Wednesday, February 12th. This is a positive change from United Rentals’s previous quarterly dividend of $1.63. United Rentals’s payout ratio is 18.48%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on URI. Barclays increased their price objective on shares of United Rentals from $400.00 to $565.00 and gave the stock an “underweight” rating in a research report on Friday, October 25th. Morgan Stanley decreased their target price on shares of United Rentals from $775.00 to $765.00 and set an “equal weight” rating for the company in a research note on Monday. Argus lifted their price target on United Rentals from $840.00 to $880.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Robert W. Baird raised shares of United Rentals from an “underperform” rating to a “neutral” rating and set a $658.00 price objective for the company in a research report on Tuesday, January 14th. Finally, JPMorgan Chase & Co. boosted their price target on United Rentals from $940.00 to $1,000.00 and gave the company an “overweight” rating in a research note on Friday. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $814.08.

United Rentals Profile

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.