WD Rutherford LLC Has $597,000 Stock Holdings in United Rentals, Inc. (NYSE:URI)

WD Rutherford LLC decreased its position in United Rentals, Inc. (NYSE:URI) by 15.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 828 shares of the construction company’s stock after selling 157 shares during the period. WD Rutherford LLC’s holdings in United Rentals were worth $597,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. First Financial Corp IN bought a new stake in shares of United Rentals in the first quarter worth about $25,000. AdvisorNet Financial Inc increased its stake in United Rentals by 71.4% during the 4th quarter. AdvisorNet Financial Inc now owns 48 shares of the construction company’s stock worth $28,000 after purchasing an additional 20 shares in the last quarter. Rise Advisors LLC acquired a new stake in United Rentals during the 1st quarter worth approximately $28,000. Riverview Trust Co bought a new position in United Rentals in the first quarter valued at approximately $31,000. Finally, Private Wealth Management Group LLC acquired a new position in shares of United Rentals in the fourth quarter valued at approximately $34,000. Institutional investors own 96.26% of the company’s stock.

Insider Buying and Selling

In other United Rentals news, CEO Matthew John Flannery sold 8,379 shares of the firm’s stock in a transaction dated Tuesday, April 30th. The shares were sold at an average price of $699.63, for a total value of $5,862,199.77. Following the transaction, the chief executive officer now directly owns 103,400 shares of the company’s stock, valued at approximately $72,341,742. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In related news, CEO Matthew John Flannery sold 8,379 shares of the company’s stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $699.63, for a total transaction of $5,862,199.77. Following the completion of the sale, the chief executive officer now directly owns 103,400 shares in the company, valued at approximately $72,341,742. The sale was disclosed in a filing with the SEC, which is available through this link. Also, COO Michael D. Durand sold 559 shares of United Rentals stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $674.56, for a total value of $377,079.04. Following the completion of the transaction, the chief operating officer now owns 8,052 shares in the company, valued at approximately $5,431,557.12. The disclosure for this sale can be found here. 0.53% of the stock is owned by company insiders.

United Rentals Stock Performance

Shares of URI traded up $23.69 during midday trading on Friday, reaching $646.73. 820,126 shares of the stock were exchanged, compared to its average volume of 637,801. The stock’s 50 day simple moving average is $660.38 and its 200 day simple moving average is $644.07. The company has a market cap of $43.07 billion, a P/E ratio of 17.52, a PEG ratio of 2.02 and a beta of 1.75. United Rentals, Inc. has a twelve month low of $387.01 and a twelve month high of $732.37. The company has a quick ratio of 0.83, a current ratio of 0.89 and a debt-to-equity ratio of 1.39.

United Rentals (NYSE:URI) last announced its earnings results on Wednesday, April 24th. The construction company reported $9.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.35 by $0.80. United Rentals had a net margin of 17.31% and a return on equity of 36.44%. The firm had revenue of $3.49 billion for the quarter, compared to analyst estimates of $3.44 billion. During the same quarter in the prior year, the business posted $7.95 EPS. The business’s revenue was up 6.1% compared to the same quarter last year. On average, sell-side analysts expect that United Rentals, Inc. will post 43.87 earnings per share for the current year.

United Rentals Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 22nd. Stockholders of record on Wednesday, May 8th were given a dividend of $1.63 per share. The ex-dividend date was Tuesday, May 7th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 1.01%. United Rentals’s payout ratio is 17.66%.

Analyst Ratings Changes

URI has been the subject of a number of research analyst reports. Oppenheimer reaffirmed a “market perform” rating on shares of United Rentals in a research note on Monday, April 29th. Truist Financial boosted their target price on United Rentals from $793.00 to $796.00 and gave the company a “buy” rating in a research note on Monday, April 29th. Citigroup began coverage on shares of United Rentals in a report on Wednesday. They issued a “buy” rating and a $745.00 price objective on the stock. Stifel Nicolaus increased their target price on shares of United Rentals from $720.00 to $750.00 and gave the stock a “buy” rating in a report on Friday, April 26th. Finally, The Goldman Sachs Group lifted their price target on shares of United Rentals from $718.00 to $790.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $638.40.

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.