Duncker Streett & Co. Inc. Purchases 134 Shares of United Rentals, Inc. (NYSE:URI)

Duncker Streett & Co. Inc. grew its position in United Rentals, Inc. (NYSE:URI) by 2.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 5,575 shares of the construction company’s stock after acquiring an additional 134 shares during the period. Duncker Streett & Co. Inc.’s holdings in United Rentals were worth $3,927,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of URI. J.W. Cole Advisors Inc. bought a new position in shares of United Rentals in the 3rd quarter valued at $220,000. Strategic Blueprint LLC acquired a new stake in United Rentals in the third quarter valued at $240,000. HM Payson & Co. acquired a new stake in United Rentals in the third quarter valued at $41,000. US Bancorp DE increased its holdings in United Rentals by 0.5% in the third quarter. US Bancorp DE now owns 20,859 shares of the construction company’s stock valued at $16,890,000 after purchasing an additional 114 shares during the period. Finally, Americana Partners LLC increased its holdings in United Rentals by 17.0% in the third quarter. Americana Partners LLC now owns 703 shares of the construction company’s stock valued at $569,000 after purchasing an additional 102 shares during the period. 96.26% of the stock is currently owned by institutional investors.

United Rentals Stock Performance

Shares of URI opened at $642.49 on Friday. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.98 and a quick ratio of 0.92. The stock has a 50-day moving average of $721.43 and a 200-day moving average of $768.19. The company has a market cap of $41.96 billion, a PE ratio of 16.58, a P/E/G ratio of 1.43 and a beta of 1.68. United Rentals, Inc. has a one year low of $596.48 and a one year high of $896.98.

United Rentals (NYSE:URI) last issued its earnings results on Wednesday, January 29th. The construction company reported $11.59 EPS for the quarter, missing the consensus estimate of $11.65 by ($0.06). United Rentals had a net margin of 16.78% and a return on equity of 34.21%. On average, equities research analysts predict that United Rentals, Inc. will post 44.8 EPS for the current fiscal year.

United Rentals Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were paid a $1.79 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This is an increase from United Rentals’s previous quarterly dividend of $1.63. This represents a $7.16 annualized dividend and a dividend yield of 1.11%. United Rentals’s dividend payout ratio (DPR) is currently 18.48%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on URI shares. Robert W. Baird upgraded United Rentals from an “underperform” rating to a “neutral” rating and set a $658.00 price objective for the company in a report on Tuesday, January 14th. Baird R W upgraded United Rentals from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 14th. Morgan Stanley decreased their price objective on United Rentals from $775.00 to $765.00 and set an “equal weight” rating for the company in a report on Monday, February 3rd. Argus increased their price objective on United Rentals from $840.00 to $880.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. increased their price target on United Rentals from $940.00 to $1,000.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $829.00.

Insider Activity

In other news, CFO William E. Grace sold 1,100 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $638.10, for a total value of $701,910.00. Following the completion of the sale, the chief financial officer now directly owns 6,880 shares in the company, valued at $4,390,128. This trade represents a 13.78 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.53% of the stock is currently owned by company insiders.

About United Rentals

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.