United Rentals Inc. (URI) has experienced notable changes in share ownership, with
Quilter Plc selling 18,171 shares and
Forsta AP Fonden reducing its stake, while
Prudential PLC and
AGF Management Ltd. increased theirs, alongside new acquisitions from
MGO One Seven LLC and
Versor Investments LP.
United Rentals has recently seen
extraordinary returns from capital and a
stock increase of 92% in the past year.
Wall Street expects the company to report
earnings growth in the coming week. Positive signs include unanimous
brokerage recommendation of 'Hold', beating of Q2 earnings estimates, and increased expectations for future performance. Despite suggestions of overvaluation and potential limitations in near-term upside, United Rentals has shown
strong financial health and performance, with stocks outperforming others in the industrial sector.
The company is set to present at the
Morgan Stanley 12th Annual Laguna Conference. Future prospects include plans to acquire
Yak Access for $1.1bn.
United Rentals URI News Analytics from Tue, 28 Nov 2023 08:00:00 GMT to Sun, 15 Sep 2024 12:32:30 GMT -
Rating 8
- Innovation 4
- Information 10
- Rumor 3
