Regents Gate Capital LLP Purchases New Holdings in United Rentals, Inc. (NYSE:URI)

Regents Gate Capital LLP purchased a new stake in shares of United Rentals, Inc. (NYSE:URI - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 14,415 shares of the construction company's stock, valued at approximately $10,155,000. United Rentals makes up approximately 4.0% of Regents Gate Capital LLP's investment portfolio, making the stock its 6th biggest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ORG Wealth Partners LLC bought a new stake in shares of United Rentals during the 4th quarter worth $26,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of United Rentals during the 3rd quarter worth $31,000. Hanson & Doremus Investment Management bought a new stake in shares of United Rentals during the 4th quarter worth $33,000. Carmichael Hill & Associates Inc. boosted its stake in shares of United Rentals by 80.0% during the 3rd quarter. Carmichael Hill & Associates Inc. now owns 45 shares of the construction company's stock worth $36,000 after acquiring an additional 20 shares in the last quarter. Finally, HM Payson & Co. bought a new stake in shares of United Rentals during the 3rd quarter worth $41,000. 96.26% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on URI. Bank of America raised their price objective on United Rentals from $800.00 to $910.00 and gave the stock a "buy" rating in a research note on Thursday, October 24th. Baird R W upgraded United Rentals from a "strong sell" rating to a "hold" rating in a report on Tuesday, January 14th. Citigroup reduced their target price on United Rentals from $985.00 to $835.00 and set a "buy" rating for the company in a report on Tuesday, January 14th. Barclays increased their target price on United Rentals from $400.00 to $565.00 and gave the company an "underweight" rating in a report on Friday, October 25th. Finally, Argus increased their target price on United Rentals from $840.00 to $880.00 and gave the company a "buy" rating in a report on Wednesday, November 20th. One analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $814.08.

United Rentals Stock Down 0.7 %

Shares of NYSE:URI traded down $4.90 on Thursday, reaching $729.59. The company had a trading volume of 495,282 shares, compared to its average volume of 661,586. United Rentals, Inc. has a twelve month low of $596.48 and a twelve month high of $896.98. The stock has a 50-day moving average price of $743.13 and a 200 day moving average price of $769.56. The stock has a market capitalization of $47.65 billion, a P/E ratio of 18.83, a P/E/G ratio of 1.54 and a beta of 1.68. The company has a quick ratio of 0.92, a current ratio of 0.98 and a debt-to-equity ratio of 1.42.

United Rentals (NYSE:URI - Get Free Report) last announced its quarterly earnings results 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 return on equity of 34.21% and a net margin of 16.78%. On average, equities analysts expect that United Rentals, Inc. will post 44.93 EPS for the current year.

United Rentals Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th will be given a $1.79 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $7.16 dividend on an annualized basis and a dividend yield of 0.98%. This is a boost from United Rentals's previous quarterly dividend of $1.63. United Rentals's payout ratio is currently 16.83%.

United Rentals Company 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.