Landscape Capital Management L.L.C. Makes New $802,000 Investment in United Rentals, Inc. (NYSE:URI)

Landscape Capital Management L.L.C. bought a new position in shares of United Rentals, Inc. (NYSE:URI - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,138 shares of the construction company's stock, valued at approximately $802,000.

A number of other large investors have also recently made changes to their positions in the stock. Integrated Wealth Concepts LLC raised its position in shares of United Rentals by 7.6% in the third quarter. Integrated Wealth Concepts LLC now owns 355 shares of the construction company's stock worth $288,000 after buying an additional 25 shares in the last quarter. Quantinno Capital Management LP boosted its position in shares of United Rentals by 76.3% during the 3rd quarter. Quantinno Capital Management LP now owns 7,509 shares of the construction company's stock valued at $6,080,000 after acquiring an additional 3,250 shares during the last quarter. SageView Advisory Group LLC grew its holdings in shares of United Rentals by 8.6% during the third quarter. SageView Advisory Group LLC now owns 682 shares of the construction company's stock worth $552,000 after purchasing an additional 54 shares in the last quarter. Weiss Asset Management LP bought a new position in shares of United Rentals in the third quarter worth approximately $3,675,000. Finally, EP Wealth Advisors LLC raised its stake in United Rentals by 17.6% in the third quarter. EP Wealth Advisors LLC now owns 1,697 shares of the construction company's stock valued at $1,374,000 after purchasing an additional 254 shares in the last quarter. 96.26% of the stock is owned by institutional investors.

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Insiders Place Their Bets

In other news, CFO William E. Grace sold 1,100 shares of the company's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $638.10, for a total value of $701,910.00. Following the sale, the chief financial officer now directly owns 6,880 shares of the company's stock, valued at $4,390,128. This represents a 13.78 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.51% of the stock is currently owned by company insiders.

United Rentals Trading Up 0.3 %

NYSE:URI traded up $1.63 during mid-day trading on Friday, reaching $581.57. 769,125 shares of the company's stock traded hands, compared to its average volume of 589,214. The company has a 50 day moving average price of $644.29 and a 200-day moving average price of $740.61. The firm has a market capitalization of $38.00 billion, a price-to-earnings ratio of 15.01, a PEG ratio of 1.43 and a beta of 1.72. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.98 and a quick ratio of 0.92. United Rentals, Inc. has a 12-month low of $525.91 and a 12-month high of $896.98.

United Rentals (NYSE:URI - Get Free Report) last announced its earnings results on Wednesday, January 29th. The construction company reported $11.59 EPS 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%. On average, sell-side analysts predict that United Rentals, Inc. will post 44.8 earnings per share for the current year.

United Rentals Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were paid a $1.79 dividend. This is an increase from United Rentals's previous quarterly dividend of $1.63. This represents a $7.16 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date was Wednesday, February 12th. United Rentals's dividend payout ratio is presently 18.48%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Robert W. Baird upgraded 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. Sanford C. Bernstein upgraded United Rentals from an "underperform" rating to a "market perform" rating and lowered their price target for the company from $705.00 to $666.00 in a research report on Tuesday, March 25th. JPMorgan Chase & Co. upped their price objective on United Rentals from $940.00 to $1,000.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. Citigroup decreased their price objective on United Rentals from $720.00 to $650.00 and set a "buy" rating on the stock in a report on Tuesday. Finally, Bank of America cut their target price on United Rentals from $850.00 to $750.00 and set a "buy" rating for the company in a research note on Friday, March 21st. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $752.14.

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.