United Rentals, Inc. (NYSE:URI) Stock Holdings Lifted by Jump Financial LLC

Jump Financial LLC increased its position in shares of United Rentals, Inc. (NYSE:URI - Free Report) by 3,176.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,828 shares of the construction company's stock after purchasing an additional 13,406 shares during the period. Jump Financial LLC's holdings in United Rentals were worth $9,741,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Rialto Wealth Management LLC acquired a new stake in shares of United Rentals during the 4th quarter worth about $25,000. ORG Wealth Partners LLC purchased a new stake in United Rentals in the 4th quarter worth approximately $26,000. Murphy & Mullick Capital Management Corp purchased a new position in shares of United Rentals during the 4th quarter worth $27,000. Meeder Asset Management Inc. boosted its holdings in shares of United Rentals by 241.7% during the fourth quarter. Meeder Asset Management Inc. now owns 41 shares of the construction company's stock worth $29,000 after purchasing an additional 29 shares during the last quarter. Finally, Hanson & Doremus Investment Management purchased a new stake in shares of United Rentals in the fourth quarter valued at $33,000. Institutional investors and hedge funds own 96.26% of the company's stock.

United Rentals Stock Performance

Shares of United Rentals stock traded up $5.57 on Friday, reaching $590.80. 367,847 shares of the company were exchanged, compared to its average volume of 588,443. The firm has a market cap of $38.60 billion, a price-to-earnings ratio of 15.25, a P/E/G ratio of 1.43 and a beta of 1.72. United Rentals, Inc. has a 1-year low of $525.91 and a 1-year high of $896.98. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.92 and a current ratio of 0.98. The company's 50-day moving average is $628.94 and its two-hundred day moving average is $733.62.

United Rentals (NYSE:URI - Get Free Report) last issued its earnings results on Wednesday, January 29th. The construction company reported $11.59 earnings per share for the quarter, missing the consensus estimate of $11.65 by ($0.06). United Rentals had a return on equity of 34.21% and a net margin of 16.78%. As a group, research analysts expect that United Rentals, Inc. will post 44.8 earnings per share for the current fiscal year.

United Rentals Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were issued a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date was Wednesday, February 12th. This is a boost from United Rentals's previous quarterly dividend of $1.63. United Rentals's payout ratio is 18.48%.

Insider Buying and Selling

In other news, CFO William E. Grace sold 1,100 shares of United Rentals stock in a transaction on Monday, February 24th. The stock was sold at an average price of $638.10, for a total transaction of $701,910.00. Following the transaction, the chief financial officer now directly owns 6,880 shares in the company, valued at approximately $4,390,128. This trade represents a 13.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.53% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Citigroup dropped their price objective 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. UBS Group cut United Rentals from a "buy" rating to a "sell" rating and decreased their target price for the stock from $910.00 to $485.00 in a report on Monday, April 7th. Baird R W raised United Rentals from a "strong sell" rating to a "hold" rating in a research report on Tuesday, January 14th. Sanford C. Bernstein upgraded United Rentals from an "underperform" rating to a "market perform" rating and decreased their price target for the stock from $705.00 to $666.00 in a report on Tuesday, March 25th. Finally, JPMorgan Chase & Co. lowered their target price on United Rentals from $1,000.00 to $750.00 and set an "overweight" rating for the company in a research note on Monday, April 14th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, United Rentals has an average rating of "Moderate Buy" and a consensus price target of $729.79.

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.