Keystone Investors PTE Ltd. significantly reduced its stake in United Rentals, selling 1,308 shares and retaining a smaller holding. This comes as United Rentals authorized a $5.00 billion share buyback and increased its quarterly dividend. Despite missing EPS estimates for the recent quarter, institutional ownership remains high, and analysts largely rate the stock as a “Moderate Buy.”
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Keystone Investors PTE Ltd. Sells 1,308 Shares of United Rentals, Inc. $URI
Keystone Investors PTE Ltd. significantly reduced its stake in United Rentals, selling 1,308 shares and retaining a smaller holding. This comes as United Rentals authorized a $5.00 billion share buyback and increased its quarterly dividend. Despite missing EPS estimates for the recent quarter, institutional ownership remains high, and analysts largely rate the stock as a “Moderate Buy.”