Values First Advisors Inc. Invests $144,000 in United Rentals, Inc. (NYSE:URI)

Values First Advisors Inc. bought a new stake in United Rentals, Inc. (NYSE:URI) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 204 shares of the construction company’s stock, valued at approximately $144,000.

Several other institutional investors and hedge funds have also bought and sold shares of URI. Mayflower Financial Advisors LLC lifted its stake in shares of United Rentals by 4.0% in the 3rd quarter. Mayflower Financial Advisors LLC now owns 339 shares of the construction company’s stock worth $274,000 after purchasing an additional 13 shares during the period. Allen Capital Group LLC raised its position in United Rentals by 4.2% in the third quarter. Allen Capital Group LLC now owns 324 shares of the construction company’s stock worth $262,000 after acquiring an additional 13 shares during the period. First County Bank CT boosted its stake in shares of United Rentals by 3.2% during the 3rd quarter. First County Bank CT now owns 422 shares of the construction company’s stock worth $342,000 after acquiring an additional 13 shares during the last quarter. Concurrent Investment Advisors LLC grew its position in shares of United Rentals by 3.2% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 453 shares of the construction company’s stock valued at $367,000 after acquiring an additional 14 shares during the period. Finally, Resonant Capital Advisors LLC increased its stake in shares of United Rentals by 3.3% in the 3rd quarter. Resonant Capital Advisors LLC now owns 474 shares of the construction company’s stock worth $384,000 after purchasing an additional 15 shares in the last quarter. 96.26% of the stock is owned by hedge funds and other institutional investors.

United Rentals Stock Performance

URI opened at $734.83 on Thursday. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.92 and a current ratio of 0.98. The stock has a market capitalization of $47.99 billion, a price-to-earnings ratio of 18.96, a PEG ratio of 1.54 and a beta of 1.68. The company has a fifty day moving average of $745.64 and a 200 day moving average of $769.84. United Rentals, Inc. has a fifty-two week low of $596.48 and a fifty-two week high of $896.98.

United Rentals (NYSE:URI) last issued its quarterly earnings data on Wednesday, January 29th. The construction company reported $11.59 earnings per share for the quarter, missing analysts’ consensus estimates of $11.65 by ($0.06). United Rentals had a net margin of 16.78% and a return on equity of 34.21%. As a group, sell-side analysts forecast that United Rentals, Inc. will post 44.93 earnings per share for the current fiscal year.

United Rentals Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th will be paid a $1.79 dividend. This is an increase from United Rentals’s previous quarterly dividend of $1.63. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $7.16 dividend on an annualized basis and a yield of 0.97%. United Rentals’s payout ratio is presently 16.83%.

Analyst Ratings Changes

URI has been the topic of a number of recent research reports. Baird R W raised United Rentals from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 14th. Morgan Stanley cut their price objective on United Rentals from $775.00 to $765.00 and set an “equal weight” rating for the company in a research note on Monday, February 3rd. Truist Financial restated a “buy” rating and set a $956.00 target price (down previously from $963.00) on shares of United Rentals in a research note on Friday, January 31st. Citigroup dropped their price target on shares of United Rentals from $985.00 to $835.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Finally, 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 note on Friday, October 25th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, United Rentals has a consensus rating of “Moderate Buy” and an average target price 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.