Q3 2017 Sentiment United Rentals North America Inc (NYSE:URI)

January 13, 2018 - By Hazel Jackson

  Q3 2017 Sentiment United Rentals North America Inc (NYSE:URI)

Sentiment for United Rentals North America Inc (NYSE:URI)

United Rentals North America Inc (NYSE:URI) institutional sentiment decreased to 1.09 in Q3 2017. Its down -0.14, from 1.23 in 2017Q2. The ratio is negative, as 242 hedge funds opened new or increased stock positions, while 222 sold and trimmed equity positions in United Rentals North America Inc. The hedge funds in our partner’s database now have: 74.23 million shares, down from 75.82 million shares in 2017Q2. Also, the number of hedge funds holding United Rentals North America Inc in their top 10 stock positions increased from 3 to 9 for an increase of 6. Sold All: 39 Reduced: 183 Increased: 167 New Position: 75.

United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. The company has market cap of $15.30 billion. It operates in two divisions, General Rentals; and Trench, Power, and Pump. It has a 25.63 P/E ratio. The General Rentals segment engages in the rental of general construction and industrial equipment, such as backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom lifts and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools.

The stock increased 0.50% or $0.9 during the last trading session, reaching $180.89. About 882,618 shares traded. United Rentals, Inc. (NYSE:URI) has risen 71.76% since January 13, 2017 and is uptrending. It has outperformed by 55.06% the S&P500.

Analysts await United Rentals, Inc. (NYSE:URI) to report earnings on January, 24. They expect $3.31 EPS, up 23.97 % or $0.64 from last year’s $2.67 per share. URI’s profit will be $279.95 million for 13.66 P/E if the $3.31 EPS becomes a reality. After $3.25 actual EPS reported by United Rentals, Inc. for the previous quarter, Wall Street now forecasts 1.85 % EPS growth.

Shellback Capital Lp holds 4.2% of its portfolio in United Rentals, Inc. for 334,828 shares. Waterfront Capital Partners Llc owns 129,003 shares or 2.54% of their US portfolio. Moreover, United Bank Va has 2.43% invested in the company for 18,300 shares. The Maryland-based Edgemoor Investment Advisors Inc. has invested 2.42% in the stock. Sg Capital Management Llc, a Illinois-based fund reported 154,064 shares.#img1#

United Rentals, Inc. (NYSE:URI) Ratings Coverage

Ratings analysis reveals 26% of United Rentals Inc.’s analysts are positive. Out of 23 Wall Street analysts rating United Rentals Inc., 6 give it “Buy”, 4 “Sell” rating, while 13 recommend “Hold”. The lowest target is $39 while the high is $195.0. The stock’s average target of $136.70 is -24.43% below today’s ($180.89) share price. URI was included in 70 notes of analysts from July 21, 2015. The company was initiated on Tuesday, July 21 by Wolfe Research. Citigroup maintained the stock with “Buy” rating in Friday, July 21 report. Jefferies maintained United Rentals, Inc. (NYSE:URI) on Thursday, August 17 with “Buy” rating. The stock of United Rentals, Inc. (NYSE:URI) earned “Buy” rating by Longbow on Friday, January 15. On Tuesday, December 19 the stock rating was upgraded by Bank of America to “Buy”. The stock has “Buy” rating by Citigroup on Friday, October 20. The rating was downgraded by Susquehanna to “Neutral” on Friday, January 29. The firm has “Overweight” rating by Barclays Capital given on Wednesday, October 12. On Monday, April 4 the stock rating was maintained by Jefferies with “Buy”. The firm earned “Neutral” rating on Monday, December 19 by UBS.

More recent United Rentals, Inc. (NYSE:URI) news were published by: Benzinga.com which released: “Broadcom, PepsiCo, United Rentals, Western Digital: ‘Fast Money’ Picks For …” on December 28, 2017. Also Seekingalpha.com published the news titled: “United Rentals Stock Is Positioned For Outperformance” on December 26, 2017. Businesswire.com‘s news article titled: “United Rentals, Inc. Fourth Quarter and Full Year 2017 Conference Call and …” with publication date: January 11, 2018 was also an interesting one.

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