Kalos Management Inc. raised its holdings in United Rentals, Inc. (NYSE:URI) by 2.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,610 shares of the construction company’s stock after acquiring an additional 108 shares during the period. Kalos Management Inc.’s holdings in United Rentals were worth $519,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of URI. Aviva PLC boosted its position in shares of United Rentals by 4.5% during the second quarter. Aviva PLC now owns 49,326 shares of the construction company’s stock worth $5,560,000 after buying an additional 2,140 shares during the period. Atwood & Palmer Inc. acquired a new position in shares of United Rentals during the second quarter worth about $6,195,000. American Century Companies Inc. boosted its position in shares of United Rentals by 111.5% during the second quarter. American Century Companies Inc. now owns 630,058 shares of the construction company’s stock worth $71,014,000 after buying an additional 332,211 shares during the period. 1060 Capital LLC acquired a new position in shares of United Rentals during the second quarter worth about $29,797,000. Finally, Schwab Charles Investment Management Inc. boosted its position in shares of United Rentals by 4.5% during the first quarter. Schwab Charles Investment Management Inc. now owns 390,497 shares of the construction company’s stock worth $48,832,000 after buying an additional 16,701 shares during the period. 93.75% of the stock is owned by hedge funds and other institutional investors.

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In other United Rentals news, insider Michael Kneeland sold 30,000 shares of United Rentals stock in a transaction dated Friday, July 21st. The stock was sold at an average price of $120.77, for a total transaction of $3,623,100.00. Following the completion of the transaction, the insider now owns 302,292 shares in the company, valued at approximately $36,507,804.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO William B. Plummer sold 5,301 shares of United Rentals stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $128.26, for a total value of $679,906.26. Following the transaction, the chief financial officer now owns 38,055 shares of the company’s stock, valued at approximately $4,880,934.30. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by insiders.

Several research firms have recently weighed in on URI. BidaskClub cut United Rentals from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 4th. Zacks Investment Research cut United Rentals from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Bank of America Corporation reaffirmed a “buy” rating and set a $145.00 price objective (up from $130.00) on shares of United Rentals in a research report on Thursday, July 20th. Axiom Securities reaffirmed a “sell” rating on shares of United Rentals in a research report on Wednesday, July 26th. Finally, Royal Bank Of Canada raised United Rentals from a “sector perform” rating to an “outperform” rating and upped their price objective for the stock from $128.00 to $138.00 in a research report on Monday, July 17th. One analyst has rated the stock with a sell rating, six have issued a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $133.17.

Shares of United Rentals, Inc. (NYSE URI) traded up 0.28% on Wednesday, reaching $141.95. The company had a trading volume of 328,605 shares. The stock has a 50-day moving average price of $127.67 and a 200-day moving average price of $117.15. The stock has a market cap of $12.00 billion, a PE ratio of 20.72 and a beta of 2.46. United Rentals, Inc. has a 12 month low of $70.58 and a 12 month high of $144.19.

United Rentals (NYSE:URI) last released its quarterly earnings results on Wednesday, July 19th. The construction company reported $2.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.28 by $0.09. The business had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.55 billion. United Rentals had a return on equity of 46.01% and a net margin of 9.86%. The company’s quarterly revenue was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.06 EPS. Analysts predict that United Rentals, Inc. will post $9.95 earnings per share for the current fiscal year.

United Rentals 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.

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Institutional Ownership by Quarter for United Rentals (NYSE:URI)

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