November 25, 2016 - By Dolores Ford · 0 Comments
United Rentals North America Inc (NYSE:URI) institutional sentiment increased to 1.08 in Q2 2016. Its up 0.39, from 0.69 in 2016Q1. The ratio is positive, as 170 investment managers increased and started new holdings, while 246 cut down and sold their holdings in United Rentals North America Inc. The investment managers in our partner’s database now possess: 76.57 million shares, down from 81.28 million shares in 2016Q1. Also, the number of investment managers holding United Rentals North America Inc in their top 10 holdings decreased from 7 to 5 for a decrease of 2. Sold All: 61 Reduced: 185 Increased: 119 New Position: 51.
United Rentals, Inc. is a holding company engaged in the business of equipment rental. The company has a market cap of $8.55 billion. The Firm conducts its activities through its subsidiary, United Rentals , Inc. (URNA) and subsidiaries of URNA. It has a 15.1 P/E ratio. It operates through two divisions: general rentals, and trench, power and pump.
About 482,879 shares traded hands. United Rentals, Inc. (NYSE:URI) has risen 47.48% since April 22, 2016 and is uptrending. It has outperformed by 42.07% the S&P500.
Analysts await United Rentals, Inc. (NYSE:URI) to report earnings on January, 25. They expect $2.31 EPS, up 5.48% or $0.12 from last year’s $2.19 per share. URI’s profit will be $201.26 million for 10.61 P/E if the $2.31 EPS becomes a reality. After $2.58 actual EPS reported by United Rentals, Inc. for the previous quarter, Wall Street now forecasts -10.47% negative EPS growth.
According to Zacks Investment Research, “United Rentals, Inc. is one of North America’s largest equipment rental companies with over branches in the majority of states, several Canadian provinces and Mexico. The company offers for rent different types of equipment to customers that include construction and industrial companies, manufacturers, utilities, municipalities, homeowners and others.”
Marcato Capital Management Lp holds 8.88% of its portfolio in United Rentals, Inc. for 1.63 million shares. Sg Capital Management Llc owns 223,035 shares or 3.68% of their US portfolio. Moreover, Goodnow Investment Group Llc has 3.35% invested in the company for 214,495 shares. The New York-based P.R. Herzig & Co. Inc. has invested 3.13% in the stock. Lodge Hill Capital Llc, a New York-based fund reported 429,500 shares.#img1#
Ratings analysis reveals 25% of United Rentals Inc.’s analysts are positive. Out of 20 Wall Street analysts rating United Rentals Inc., 5 give it “Buy”, 4 “Sell” rating, while 11 recommend “Hold”. The lowest target is $39 while the high is $110. The stock’s average target of $74.74 is -23.77% below today’s ($98.04) share price. URI was included in 35 notes of analysts from July 21, 2015. On Monday, October 24 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. Longbow upgraded the stock to “Buy” rating in Monday, January 18 report. The firm has “Perform” rating given on Friday, April 1 by Oppenheimer. The stock of United Rentals, Inc. (NYSE:URI) has “Neutral” rating given on Friday, September 25 by Bank of America. As per Wednesday, September 7, the company rating was initiated by Deutsche Bank. Macquarie Research initiated the stock with “Underperform” rating in Friday, August 26 report. Susquehanna downgraded the shares of URI in a report on Friday, January 29 to “Neutral” rating. The firm has “Buy” rating given on Friday, June 3 by UBS. As per Monday, April 4, the company rating was maintained by Jefferies. The firm earned “Sector Perform” rating on Friday, July 22 by RBC Capital Markets.
United Rentals, Inc. (United Rentals), incorporated on July 20, 1998, is a holding firm engaged in the business of equipment rental. The Firm conducts its activities through its subsidiary, United Rentals (North America), Inc. (URNA) and subsidiaries of URNA. It operates through two divisions: general rentals, and trench, power and pump. The Firm operates in approximately 900 rental locations. Approximately 770 of its locations are in the United States, and over 120 are in Canada.
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By Dolores Ford