UNITED RENTALS CV COM (URI) : Nevsky Capital Llp reduced its stake in UNITED RENTALS CV COM by 49.03% during the most recent quarter end. The investment management company now holds a total of 51,022 shares of UNITED RENTALS CV COM which is valued at $3,367,962 after selling 49,078 shares in UNITED RENTALS CV COM , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.UNITED RENTALS CV COM makes up approximately 10.06% of Nevsky Capital Llp’s portfolio.
UNITED RENTALS CV COM opened for trading at $66.85 and hit $68.37 on the upside on Wednesday, eventually ending the session at $68.07, with a gain of 1.75% or 1.17 points. The heightened volatility saw the trading volume jump to 16,66,508 shares. Company has a market cap of $6,024 M.
Other Hedge Funds, Including , Transamerica Financial Advisors sold out all of its stake in URI during the most recent quarter. The investment firm sold 65 shares of URI which is valued $4,291. Cornerstone Advisors sold out all of its stake in URI during the most recent quarter. The investment firm sold 60 shares of URI which is valued $3,961.Exxonmobil Investment Management Inc Tx boosted its stake in URI in the latest quarter, The investment management firm added 1,342 additional shares and now holds a total of 22,149 shares of UNITED RENTALS CV COM which is valued at $1,351,089. UNITED RENTALS CV COM makes up approx 0.03% of Exxonmobil Investment Management Inc Tx’s portfolio.Eqis Capital Management reduced its stake in URI by selling 1,588 shares or 18.21% in the most recent quarter. The Hedge Fund company now holds 7,133 shares of URI which is valued at $424,984. UNITED RENTALS CV COM makes up approx 0.03% of Eqis Capital Management’s portfolio.
On the company’s financial health, UNITED RENTALS CV COM reported $1.40 EPS for the quarter, beating the analyst consensus estimate by $ 0.21 according to the earnings call on Apr 20, 2016. Analyst had a consensus of $1.19. The company had revenue of $1310.00 million for the quarter, compared to analysts expectations of $1286.32 million. The company’s revenue was down -.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.34 EPS.
Many Wall Street Analysts have commented on UNITED RENTALS CV COM. UNITED RENTALS CV COM was Downgraded by Stifel to ” Hold” on Apr 22, 2016. UNITED RENTALS CV COM was Downgraded by BofA/Merrill to ” Underperform” on Apr 22, 2016. Shares were Reiterated by RBC Capital Mkts on Feb 1, 2016 to “Outperform” and Lowered the Price Target to $ 65 from a previous price target of $90 .
United Rentals Inc. (United Rentals) is a holding company engaged in the business of equipment rental. The Company conducts its operations through its wholly owned subsidiary United Rentals (North America) Inc. (URNA) and its subsidiaries. It operates in two segments: general rentals and trench safety power and heating ventilating and air conditioning (HVAC) and pump solutions. The general rentals segment consists of around 12 geographic regions including eastern Canada Gulf South Mid-Atlantic Mid-Central Midwest Mountain West Northeast Pacific West South Southeast and Western Canada among others. The trench safety power and HVAC and pump solutions segment includes the rental of specialty construction products and related services. It offers approximately 3300 classes of equipment on an hourly daily weekly or monthly basis to construction and industrial companies manufacturers utilities municipalities homeowners Government entities and other customers.