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Vaughan Nelson Investment Management L.P. Has $157.55 Million Stock Holdings in United Rentals, Inc. $URI
Vaughan Nelson Investment Management L.P. significantly reduced its stake in United Rentals, Inc. (NYSE:URI) by 16.2% during the fourth quarter, now holding 194,666 shares valued at $157.55 million, making it their 14th largest holding. Despite this reduction, other institutional investors increased their positions in United Rentals, and analysts maintain a “Moderate Buy” rating for the company. United Rentals also announced a share repurchase program worth $5.00 billion and increased its quarterly dividend.