DGS Capital Management LLC Has $923,000 Stock Holdings in United Rentals, Inc. (NYSE:URI)

DGS Capital Management LLC lowered its position in shares of United Rentals, Inc. (NYSE:URI) by 2.7% in the fourth quarter, Holdings Channel reports. The firm owned 1,310 shares of the construction company’s stock after selling 37 shares during the period. DGS Capital Management LLC’s holdings in United Rentals were worth $923,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of United Rentals by 11.7% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,203 shares of the construction company’s stock valued at $7,492,000 after buying an additional 964 shares during the period. Retireful LLC bought a new position in United Rentals during the third quarter worth about $697,000. Mizuho Securities USA LLC grew its stake in United Rentals by 1,067.5% in the third quarter. Mizuho Securities USA LLC now owns 59,879 shares of the construction company’s stock valued at $48,486,000 after acquiring an additional 54,750 shares during the period. Fiduciary Alliance LLC increased its holdings in shares of United Rentals by 196.5% in the fourth quarter. Fiduciary Alliance LLC now owns 1,420 shares of the construction company’s stock worth $1,000,000 after acquiring an additional 941 shares in the last quarter. Finally, XTX Topco Ltd increased its holdings in shares of United Rentals by 428.8% in the third quarter. XTX Topco Ltd now owns 1,692 shares of the construction company’s stock worth $1,370,000 after acquiring an additional 1,372 shares in the last quarter. Institutional investors own 96.26% of the company’s stock.

Wall Street Analyst Weigh In

URI has been the subject of several research analyst reports. Bank of America boosted their price objective on United Rentals from $800.00 to $910.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Barclays lifted their price target on shares of United Rentals from $400.00 to $565.00 and gave the company an “underweight” rating in a research note on Friday, October 25th. Baird R W raised shares of United Rentals from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Robert W. Baird raised shares of United Rentals from an “underperform” rating to a “neutral” rating and set a $658.00 price objective on the stock in a research report on Tuesday, January 14th. Finally, Argus increased their target price on United Rentals from $840.00 to $880.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, three have given a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, United Rentals has a consensus rating of “Moderate Buy” and a consensus target price of $805.08.

United Rentals Stock Performance

URI opened at $790.25 on Friday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.77 and a current ratio of 0.82. The business’s 50-day simple moving average is $771.48 and its 200 day simple moving average is $765.61. The firm has a market capitalization of $51.86 billion, a PE ratio of 20.64, a PEG ratio of 1.73 and a beta of 1.69. United Rentals, Inc. has a 52-week low of $596.48 and a 52-week high of $896.98.

United Rentals (NYSE:URI) last announced its quarterly earnings results on Wednesday, October 23rd. The construction company reported $11.80 EPS for the quarter, missing analysts’ consensus estimates of $12.49 by ($0.69). United Rentals had a net margin of 17.12% and a return on equity of 34.73%. The firm had revenue of $3.99 billion during the quarter, compared to analyst estimates of $4.01 billion. During the same quarter in the prior year, the business earned $11.73 EPS. The business’s revenue was up 6.0% compared to the same quarter last year. As a group, sell-side analysts expect that United Rentals, Inc. will post 43.43 earnings per share for the current fiscal year.

Insider Buying and Selling

In other United Rentals news, SVP Anthony S. Leopold sold 900 shares of the business’s stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $823.24, for a total transaction of $740,916.00. Following the completion of the transaction, the senior vice president now owns 2,044 shares of the company’s stock, valued at approximately $1,682,702.56. The trade was a 30.57 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.53% of the stock is currently owned by insiders.

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.