RBF Capital LLC Sells 2,000 Shares of United Rentals, Inc. (NYSE:URI)

RBF Capital LLC trimmed its holdings in shares of United Rentals, Inc. (NYSE:URI - Free Report) by 13.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,000 shares of the construction company's stock after selling 2,000 shares during the period. RBF Capital LLC's holdings in United Rentals were worth $9,158,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Rialto Wealth Management LLC acquired a new stake in United Rentals during the fourth quarter valued at $25,000. ORG Wealth Partners LLC purchased a new stake in shares of United Rentals during the 4th quarter worth about $26,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of United Rentals during the 4th quarter valued at about $27,000. Meeder Asset Management Inc. grew its stake in shares of United Rentals by 241.7% in the 4th quarter. Meeder Asset Management Inc. now owns 41 shares of the construction company's stock valued at $29,000 after buying an additional 29 shares in the last quarter. Finally, Hanson & Doremus Investment Management acquired a new position in United Rentals in the fourth quarter worth approximately $33,000. 96.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Citigroup reduced their target price on shares of United Rentals from $720.00 to $650.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. JPMorgan Chase & Co. decreased their price objective on shares of United Rentals from $1,000.00 to $750.00 and set an "overweight" rating for the company in a report on Monday, April 14th. Robert W. Baird increased their target price on shares of United Rentals from $535.00 to $571.00 and gave the stock a "neutral" rating in a research report on Friday. Morgan Stanley raised United Rentals from an "equal weight" rating to an "overweight" rating and set a $702.00 price target for the company in a research report on Wednesday, April 16th. Finally, Truist Financial increased their price objective on United Rentals from $732.00 to $786.00 and gave the company a "buy" rating in a report on Friday. Two research analysts have rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $727.43.

Insider Transactions at United Rentals

In other United Rentals news, CFO William E. Grace sold 1,100 shares of United Rentals stock in a transaction on Monday, February 24th. The shares were sold at an average price of $638.10, for a total transaction of $701,910.00. Following the sale, the chief financial officer now owns 6,880 shares in the company, valued at $4,390,128. The trade was a 13.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.53% of the stock is owned by insiders.

United Rentals Stock Performance

URI stock traded down $12.66 on Friday, reaching $634.70. 812,363 shares of the company were exchanged, compared to its average volume of 592,179. The firm has a market capitalization of $41.47 billion, a PE ratio of 16.38, a PEG ratio of 1.43 and a beta of 1.72. United Rentals, Inc. has a 12 month low of $525.91 and a 12 month high of $896.98. The stock's fifty day moving average price is $615.93 and its 200 day moving average price is $727.00. 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 (NYSE:URI - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The construction company reported $8.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $8.92 by ($0.06). United Rentals had a return on equity of 34.21% and a net margin of 16.78%. The company had revenue of $3.72 billion for the quarter, compared to the consensus estimate of $3.61 billion. On average, research analysts anticipate that United Rentals, Inc. will post 44.8 EPS for the current fiscal year.

United Rentals Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th will be given a $1.79 dividend. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $7.16 dividend on an annualized basis and a dividend yield of 1.13%. United Rentals's dividend payout ratio is currently 18.54%.

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.