United Rentals, Inc. (NYSE:URI) CFO William B. Plummer sold 5,301 shares of the business’s stock in a transaction on Friday, September 15th. The shares were sold at an average price of $128.26, for a total value of $679,906.26. Following the completion of the sale, the chief financial officer now owns 38,055 shares of the company’s stock, valued at $4,880,934.30. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

United Rentals, Inc. (NYSE:URI) opened at 128.10 on Friday. The stock’s 50 day moving average price is $116.96 and its 200-day moving average price is $115.87. The firm has a market cap of $10.83 billion, a PE ratio of 18.61 and a beta of 2.42. United Rentals, Inc. has a 12-month low of $70.58 and a 12-month high of $134.28.

United Rentals (NYSE:URI) last posted its quarterly earnings data on Wednesday, July 19th. The construction company reported $2.37 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.28 by $0.09. The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.55 billion. United Rentals had a return on equity of 46.01% and a net margin of 9.86%. The firm’s quarterly revenue was up 12.4% on a year-over-year basis. During the same quarter last year, the company earned $2.06 earnings per share. Equities research analysts anticipate that United Rentals, Inc. will post $9.91 earnings per share for the current fiscal year.

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URI has been the subject of several analyst reports. Stifel Nicolaus reaffirmed a “hold” rating on shares of United Rentals in a report on Friday, July 21st. ValuEngine cut United Rentals from a “strong-buy” rating to a “buy” rating in a report on Thursday, July 20th. Axiom Securities reaffirmed a “sell” rating on shares of United Rentals in a report on Wednesday, July 26th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $150.00 price objective on shares of United Rentals in a report on Tuesday, September 5th. Finally, Deutsche Bank AG lifted their price objective on United Rentals from $121.00 to $130.00 and gave the company a “hold” rating in a report on Friday, July 21st. One analyst has rated the stock with a sell rating, six have issued a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company’s stock. United Rentals presently has a consensus rating of “Buy” and an average target price of $126.97.

Large investors have recently bought and sold shares of the stock. First Manhattan Co. boosted its stake in United Rentals by 4,204.3% during the second quarter. First Manhattan Co. now owns 990 shares of the construction company’s stock valued at $111,000 after buying an additional 967 shares during the period. Americafirst Capital Management LLC bought a new stake in United Rentals during the second quarter valued at $151,000. Huntington National Bank boosted its stake in United Rentals by 14.2% during the second quarter. Huntington National Bank now owns 1,442 shares of the construction company’s stock valued at $163,000 after buying an additional 179 shares during the period. Eqis Capital Management Inc. bought a new stake in United Rentals during the first quarter valued at $201,000. Finally, Investment Centers of America Inc. bought a new stake in United Rentals during the first quarter valued at $203,000. 93.72% of the stock is owned by institutional investors.

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.

Insider Buying and Selling by Quarter for United Rentals (NYSE:URI)

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