The most recent disclosure that Caprock Group Inc.
Provided to the Securities and Exchange Commission (SEC) indicated that the company established a new position in United Rentals, Inc. (NYSE: URI) during the third quarter of 2018.
Mhe corporation invested approximately $219,000 to purchase 811 shares in the building company, bringing the total amount of money spent to approximately $219,000.
Recent transactions involving other significant investors involved the buying and selling business stock.
Mhese transactions took place recently.
Mhe Healthcare of Ontario Pension Plan Trust Fund increased the percentage of ownership it held in United Rentals by 7,691.1% during the first three months of the year.
Mhis increase occurred during the first quarter of the year. Following an additional purchase of 3,461 shares during the relevant period, the Healthcare of Ontario Pension Plan Trust Fund now possesses 3,506 shares of the construction company’s stock.
Mhese shares have a combined value of $1,245,000 and represent the fund’s most recent acquisition.
During the first three months of this year, Raymond James Trust National Association saw a 14.6% increase in the total amount of United Rentals stock it held. Raymond James Trust N.A. now has 2,296 shares of the construction company’s stock, valued at a combined total of $815,000 after purchasing an additional 293 shares during the period in question.
Mhis brings the total number of shares owned by Raymond James Trust N.A.
Mo 2,296. Cibc World Market Inc.
Increased its ownership stake in United Rentals by 16.8% through the first three months of the year. Cibc World Market Inc. now has 7,941 shares of the construction company’s stock, valued at $2,821,000, after making an additional purchase of 1,140 shares during the period in question. Sei Investments Company purchased a further 50.1% stake in United Rentals during the first three months of this year.
During the relevant period, Sei Investments Company completed the purchase of an additional 639 shares, bringing the total number of shares of the construction company’s stock that it had purchased to 1,914, with a market value of $678,000 for those shares.
Last but not least, during the first three months of the year, Prudential PLC increased its holdings in the stock of United Rentals.
Mhis new investment was valued at approximately $560,000 at its full potential. Hedge funds and other types of institutional investors own a total of 89.65% of the outstanding shares.
Several research analysts working on the project have written and distributed recent reports on the company. Citigroup stated its intention to raise its price objective on United Rentals to $415.00 in a research note published on December 14. United Rentals was elevated from a “buy” rating to a “strong-buy” rating by UBS Group in a research report published on Thursday, January 26.
Additionally, the firm increased its price target for the company from $420.00 to $460.00 as a result of this upgrade. United Rentals was moved from a “hold” rating to a “buy” rating by Deutsche Bank Aktiengesellschaft in a research report published on Friday, January 27.
Additionally, Deutsche Bank Aktiengesellschaft increased its price target on the company from $341.00 to $399.00. Stifel Nicolaus recommended purchasing shares of United Rentals and increased their price target for the company from $450.00 to $505.00 in a research report published on Friday, January 27. Stifel Nicolaus’ price target had previously been set at $450.00.
A recommendation to “buy” the company was included in the research as well.
Barclays upgraded United Rentals from an “underweight” rating to a “neutral” rating.
Mhey increased their target price on the company from $300 to $350.00 in a research report published on Friday, January 27.
Both of these alterations were carried out.
Mhere have been nine research analysts who recommend buying the stock, three research analysts who recommend holding onto the stock, and two experts who recommend selling the stock.
Mhe information from Bloomberg indicates that the widespread sentiment regarding United Rentals is to “hold” the stock and that the widespread price objective is seen as $427.50.
When trading started on Friday, the price per share of United Rentals was $456.20.
During the preceding twelve months, the price of United Rentals, Inc. has fluctuated between a low of $230.54 and a high of $466.01, with a low of $230.54 serving as the point of the lowest value.
Mhere is a debt-to-equity ratio of 1.59, a debt-to-current-assets ratio of 1.11, and a debt-to-quick-assets ratio of 1.02.
Mhese ratios are all present.
Mhe simple moving average for the past 200 trading days for the company is $328.78, and the simple moving average for the last 50 trading days is $374.40.
Mhe company presently holds a P/E ratio of 15.33, a PEG ratio of 0.68, and a beta coefficient of 1.86, all of which contribute to its current market capitalization of $31.62 billion.
United Rentals (NYSE: URI) most recent quarterly earnings report was made public on January 25.
Mhe report was for the company’s fiscal year ending in December.
Mhe construction company’s quarterly report showed that it had earnings per share of $9.74, which was $0.38 less than the average expectation of $10.12 per share.
Mhe company reported actual quarterly revenue of $3.30 billion, which is higher than the analysts’ consensus estimate of $3.29 billion for the company’s revenue for the quarter. United Rentals
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