As United Rentals (URI) Share Value Declined, Atwood & Palmer Increased Stake by $542,660; Magnetar Financial Has Cut Position in Golub Cap Bdc (GBDC) as Stock Price Rose

June 17, 2018 - By Marie Mckinney

United Rentals, Inc. (NYSE:URI) Logo

Alec Litowitz decreased its stake in Golub Cap Bdc Inc (GBDC) by 45.49% based on its latest 2018Q1 regulatory filing with the SEC. Magnetar Financial Llc sold 26,423 shares as the company’s stock rose 2.70% while stock markets declined. The hedge fund run by Alec Litowitz held 31,657 shares of the company at the end of 2018Q1, valued at $566,000, down from 58,080 at the end of the previous reported quarter. Magnetar Financial Llc who had been investing in Golub Cap Bdc Inc for a number of months, seems to be less bullish one the $1.10B market cap company. The stock decreased 0.38% or $0.07 during the last trading session, reaching $18.44. About 102,971 shares traded. Golub Capital BDC, Inc. (NASDAQ:GBDC) has declined 7.70% since June 17, 2017 and is downtrending. It has underperformed by 20.27% the S&P500. Some Historical GBDC News: 17/05/2018 – PE Hub: Golub Capital looks to sell minority stake; 12/03/2018 – Ben Golub Joins Storj Labs as Executive Chairman, Interim CEO; 07/05/2018 – Golub Capital BDC, Inc. Declares Fiscal Year 2018 Third Quarter Distribution of $0.32 Per Share and Announces Fiscal Year 2018; 07/03/2018 – MITCH GOLUB JOINS CARLEASE BOARD AS CHAIRMAN OF BOARD; 17/04/2018 – Fitch Rates Golub Capital Partners CLO 26(B)-R, Ltd./LLC Refinancing Notes; 23/03/2018 – Moody’s Rates Clo Refinancing Notes Issued By Golub Capital Bdc Clo 2014 Llc; 22/03/2018 – Fitch to Rate Golub Capital Partners CLO 26(B)-R, Ltd./LLC; Issues Presale; 07/03/2018 – Mitch Golub Joins Carlease Board of Directors as Chairman of the Board; 08/03/2018 – “History shows that accelerating wages tend to squeeze margins, spook the Fed, and precede recessions,” strategist Jonathan Golub writes in the note to clients Thursday; 05/03/2018 Golub Capital Closes Above 50-Day Moving Average: Technicals

Atwood & Palmer Inc increased its stake in United Rentals Inc (URI) by 5.23% based on its latest 2018Q1 regulatory filing with the SEC. Atwood & Palmer Inc bought 3,155 shares as the company’s stock declined 10.35% with the market. The institutional investor held 63,515 shares of the technology company at the end of 2018Q1, valued at $10.97M, up from 60,360 at the end of the previous reported quarter. Atwood & Palmer Inc who had been investing in United Rentals Inc for a number of months, seems to be bullish on the $13.45B market cap company. The stock decreased 2.20% or $3.61 during the last trading session, reaching $160.85. About 1.87M shares traded or 45.44% up from the average. United Rentals, Inc. (NYSE:URI) has risen 45.37% since June 17, 2017 and is uptrending. It has outperformed by 32.80% the S&P500. Some Historical URI News: 09/03/2018 – New Research Coverage Highlights Great Western, Acadia Realty Trust, lnterpace Diagnostics Group, Abercrombie & Fitch, United Rentals, and ZIOPHARM Oncology — Consolidated Revenues, Company Growth, and Expectations for 2018; 05/03/2018 Rhode Island AG: Precautionary Boil Water Notice Issued for W. Alton Jones Campus – URI – Whispering Pines Conference; 08/03/2018 – UNITED RENTALS INC – BOARD APPOINTED MATTHEW FLANNERYAS PRESIDENT OF COMPANY; 20/04/2018 – DJ United Rentals Inc, Inst Holders, 1Q 2018 (URI); 19/03/2018 – News 10: Source: Coach Hurley set to meet with URI regarding future; 18/04/2018 – United Rentals: 1Q Rental Revenue Up 25.1% Vs. Year Ago; 14/05/2018 – LANSDOWNE EXITED DATA, URI, CAFD, UPS, AAPL IN 1Q: 13F; 12/04/2018 – Cramer: Buy United Rentals over Caterpillar as US-China trade disputes loom; 12/04/2018 – Cramer argues that United Rentals, a largely domestic construction equipment company, has better end markets and lower investment risk than Caterpillar; 18/04/2018 – UNITED RENTALS 1Q REV. $1.73B, EST. $1.69B

Magnetar Financial Llc, which manages about $13.74B and $3.97 billion US Long portfolio, upped its stake in Air Prods & Chems Inc (NYSE:APD) by 2,795 shares to 4,320 shares, valued at $687,000 in 2018Q1, according to the filing. It also increased its holding in Pinnacle Entmt Inc New by 612,489 shares in the quarter, for a total of 1.54 million shares, and has risen its stake in Pembina Pipeline Corp (NYSE:PBA).

More recent Golub Capital BDC, Inc. (NASDAQ:GBDC) news were published by: Investorplace.com which released: “3 Lesser-Known Financial Stocks for Income-Conscious Investors” on June 04, 2018. Also Seekingalpha.com published the news titled: “This 11.2% Yielding BDC Is Ready For Shareholder Activism” on May 30, 2018. Seekingalpha.com‘s news article titled: “Main Street Capital’s NAV, Valuation, And Dividend Compared To 13 BDC Peers (Post Q1 2018 Earnings) – Part 1” with publication date: May 24, 2018 was also an interesting one.

Since February 12, 2018, it had 4 insider purchases, and 0 insider sales for $994,166 activity.

Investors sentiment increased to 1.23 in Q1 2018. Its up 0.31, from 0.92 in 2017Q4. It improved, as 5 investors sold GBDC shares while 42 reduced holdings. 20 funds opened positions while 38 raised stakes. 18.82 million shares or 7.62% less from 20.38 million shares in 2017Q4 were reported. Neville Rodie And Shaw holds 337,297 shares. Putnam Invs Limited Liability owns 104,628 shares for 0% of their portfolio. New York-based D E Shaw And has invested 0% in Golub Capital BDC, Inc. (NASDAQ:GBDC). Stifel Fincl Corporation accumulated 19,875 shares. Jane Street Gru Limited Company holds 0% or 13,682 shares in its portfolio. Parametric Port Assoc Ltd reported 0% of its portfolio in Golub Capital BDC, Inc. (NASDAQ:GBDC). Ftb Advisors stated it has 500 shares or 0% of all its holdings. Fort Washington Inv Advsrs Oh holds 0.02% or 120,867 shares in its portfolio. Citigroup Inc reported 0% stake. Northeast Fincl Consultants has invested 0.12% in Golub Capital BDC, Inc. (NASDAQ:GBDC). Manufacturers Life Communications The owns 1,459 shares or 0% of their US portfolio. Brown Advisory Incorporated reported 0.01% of its portfolio in Golub Capital BDC, Inc. (NASDAQ:GBDC). Veritable LP has invested 0.04% in Golub Capital BDC, Inc. (NASDAQ:GBDC). Van Eck Associates, a New York-based fund reported 440,697 shares. Evanson Asset Management stated it has 15,845 shares.

Analysts await Golub Capital BDC, Inc. (NASDAQ:GBDC) to report earnings on August, 6. They expect $0.32 EPS, down 8.57% or $0.03 from last year’s $0.35 per share. GBDC’s profit will be $19.16 million for 14.41 P/E if the $0.32 EPS becomes a reality. After $0.32 actual EPS reported by Golub Capital BDC, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 5 analysts covering Golub Capital BDC (NASDAQ:GBDC), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Golub Capital BDC had 10 analyst reports since August 24, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Monday, March 27 by Raymond James. The rating was initiated by National Securities on Thursday, November 3 with “Neutral”. Keefe Bruyette & Woods maintained it with “Hold” rating and $19.5000 target in Sunday, July 23 report. The firm earned “Mkt Perform” rating on Friday, February 10 by Raymond James. The stock has “Market Perform” rating by Keefe Bruyette & Woods on Friday, May 13. The firm earned “Neutral” rating on Tuesday, September 20 by Janney Capital. The stock of Golub Capital BDC, Inc. (NASDAQ:GBDC) earned “Market Perform” rating by Wells Fargo on Monday, August 24. National Securities upgraded the stock to “Buy” rating in Monday, February 12 report. Cantor Fitzgerald upgraded the shares of GBDC in report on Tuesday, September 1 to “Buy” rating. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, October 5.

Among 23 analysts covering United Rentals Inc. (NYSE:URI), 7 have Buy rating, 4 Sell and 12 Hold. Therefore 30% are positive. United Rentals Inc. had 78 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Citigroup with “Buy” on Friday, October 13. The rating was maintained by RBC Capital Markets on Thursday, May 25 with “Hold”. The stock of United Rentals, Inc. (NYSE:URI) has “Buy” rating given on Monday, January 18 by Longbow. The rating was upgraded by Bank of America to “Neutral” on Friday, September 25. The rating was maintained by Bank of America with “Buy” on Thursday, October 19. Bank of America upgraded United Rentals, Inc. (NYSE:URI) rating on Tuesday, December 19. Bank of America has “Buy” rating and $195.0 target. The stock of United Rentals, Inc. (NYSE:URI) has “Buy” rating given on Wednesday, August 23 by RBC Capital Markets. UBS maintained the shares of URI in report on Friday, January 26 with “Neutral” rating. The rating was maintained by Jefferies with “Buy” on Friday, June 9. As per Friday, April 1, the company rating was downgraded by Oppenheimer.

Atwood & Palmer Inc, which manages about $599.83M and $701.51 million US Long portfolio, decreased its stake in Fifth Third Bancorp (NASDAQ:FITB) by 14,433 shares to 628,886 shares, valued at $19.97M in 2018Q1, according to the filing. It also reduced its holding in Nxp Semiconductors N V (NASDAQ:NXPI) by 197,785 shares in the quarter, leaving it with 5,300 shares, and cut its stake in Cisco Sys Inc (NASDAQ:CSCO).

Investors sentiment increased to 0.97 in 2018 Q1. Its up 0.05, from 0.92 in 2017Q4. It increased, as 36 investors sold URI shares while 216 reduced holdings. 85 funds opened positions while 160 raised stakes. 68.67 million shares or 4.27% less from 71.73 million shares in 2017Q4 were reported. 18,347 were reported by Baldwin Brothers Ma. 12,294 were reported by Avalon Ltd Liability. Westwood Gp invested in 0.01% or 5,239 shares. Pictet Asset Mgmt Ltd reported 52,355 shares. The Massachusetts-based Telemark Asset Mngmt Limited Liability Company has invested 2.52% in United Rentals, Inc. (NYSE:URI). Washington Trust Commercial Bank owns 66 shares. Wells Fargo And Mn accumulated 241,642 shares. Winslow Evans Crocker holds 1,560 shares or 0% of its portfolio. First Republic Inv Management, a California-based fund reported 6,195 shares. Cleararc reported 0.06% stake. Gsa Prtn Llp reported 2,922 shares. Ontario Teachers Pension Plan Board holds 0.06% or 21,413 shares. Anchor Bolt LP owns 1,862 shares for 0.01% of their portfolio. Country Bancshares reported 38 shares. Korea Investment Corp accumulated 101,171 shares.

More news for United Rentals, Inc. (NYSE:URI) were recently published by: Gurufocus.com, which released: “Wall Street Low Friday” on June 15, 2018. Seekingalpha.com‘s article titled: “Tracking David Einhorn’s Portfolio – Q1 2018 Update” and published on May 23, 2018 is yet another important article.

United Rentals, Inc. (NYSE:URI) Institutional Positions Chart

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