United Rentals (URI) : Baldwin Brothers Incma reduced its stake in United Rentals by 1.69% during the most recent quarter end. The investment management company now holds a total of 142,453 shares of United Rentals which is valued at $8.5 Million after selling 2,446 shares in United Rentals , the firm said in a disclosure report filed with the SEC on May 12, 2016.United Rentals makes up approximately 1.53% of Baldwin Brothers Incma’s portfolio.
Other Hedge Funds, Including , Denver Investment Advisors added URI to its portfolio by purchasing 13,850 company shares during the most recent quarter which is valued at $828,646. United Rentals makes up approx 0.04% of Denver Investment Advisors’s portfolio.Penserra Capital Management boosted its stake in URI in the latest quarter, The investment management firm added 46 additional shares and now holds a total of 104 shares of United Rentals which is valued at $6,222. Engineers Gate Manager Lp sold out all of its stake in URI during the most recent quarter. The investment firm sold 24,748 shares of URI which is valued $1.5 Million. Tradewinds Capital Management added URI to its portfolio by purchasing 110 company shares during the most recent quarter which is valued at $6,765. Three Peaks Capital Management sold out all of its stake in URI during the most recent quarter. The investment firm sold 42,848 shares of URI which is valued $2.6 Million.
United Rentals opened for trading at $64.53 and hit $65.66 on the upside on Friday, eventually ending the session at $65.27, with a gain of 1.83% or 1.17 points. The heightened volatility saw the trading volume jump to 12,54,919 shares. Company has a market cap of $5,777 M.
On the company’s financial health, United Rentals 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. United Rentals was Downgraded by Goldman to ” Sell” on May 6, 2016. United Rentals was Downgraded by Stifel to ” Hold” on Apr 22, 2016. United Rentals was Downgraded by BofA/Merrill to ” Underperform” on Apr 22, 2016.
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.