James Investment Research Has Trimmed United Rentals (URI) Holding; Cleveland-Cliffs Inc. (CLF) Had 4 Analysts Last Week

February 23, 2018 - By Louis Casey

James Investment Research Inc decreased United Rentals Inc (URI) stake by 15.15% reported in 2017Q3 SEC filing. James Investment Research Inc sold 76,107 shares as United Rentals Inc (URI)’s stock declined 12.64%. The James Investment Research Inc holds 426,336 shares with $59.15M value, down from 502,443 last quarter. United Rentals Inc now has $14.79B valuation. The stock increased 1.90% or $3.26 during the last trading session, reaching $175.16. About 1.71 million shares traded or 33.54% up from the average. United Rentals, Inc. (NYSE:URI) has risen 71.76% since February 23, 2017 and is uptrending. It has outperformed by 55.06% the S&P500.

Among 13 analysts covering Cliffs Natural Resources Inc (NYSE:CLF), 4 have Buy rating, 3 Sell and 6 Hold. Therefore 31% are positive. Cliffs Natural Resources Inc had 34 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by FBR Capital with “Mkt Perform” on Thursday, October 13. FBR Capital maintained Cleveland-Cliffs Inc. (NYSE:CLF) rating on Tuesday, July 18. FBR Capital has “Buy” rating and $1000 target. The rating was maintained by Cowen & Co with “Hold” on Thursday, January 25. On Monday, October 23 the stock rating was downgraded by JP Morgan to “Neutral”. Cowen & Co maintained Cleveland-Cliffs Inc. (NYSE:CLF) on Friday, April 29 with “Market Perform” rating. The firm has “Overweight” rating by JP Morgan given on Tuesday, May 31. The company was upgraded on Monday, July 18 by Clarkson Platou. The stock of Cleveland-Cliffs Inc. (NYSE:CLF) earned “Buy” rating by FBR Capital on Thursday, June 15. The firm has “Outperform” rating given on Friday, April 28 by FBR Capital. As per Monday, November 2, the company rating was maintained by FBR Capital. See Cleveland-Cliffs Inc. (NYSE:CLF) latest ratings:

07/02/2018 Broker: Credit Suisse Rating: Buy New Target: $9.0 Upgrade
26/01/2018 Broker: FBR Capital Rating: Buy New Target: $11.0
25/01/2018 Broker: Cowen & Co Rating: Hold New Target: $9.0 Maintain
19/01/2018 Broker: Vertical Group Rating: Sell Initiates Coverage On
20/11/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
17/11/2017 Broker: FBR Capital Rating: Buy New Target: $10.0
23/10/2017 Broker: JP Morgan Old Rating: Overweight New Rating: Neutral Old Target: $10 Downgrade
19/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
17/10/2017 Broker: Cowen & Co Rating: Hold New Target: $7.0 Maintain
18/09/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain

James Investment Research Inc increased Quanta Services Inc (NYSE:PWR) stake by 45,800 shares to 50,280 valued at $1.88M in 2017Q3. It also upped Jpmorgan Chase & Co (NYSE:JPM) stake by 3,795 shares and now owns 759,369 shares. Lpl Financial Holdings Inc (NASDAQ:LPLA) was raised too.

Analysts await United Rentals, Inc. (NYSE:URI) to report earnings on April, 18. They expect $2.48 earnings per share, up 52.15% or $0.85 from last year’s $1.63 per share. URI’s profit will be $209.38M for 17.66 P/E if the $2.48 EPS becomes a reality. After $3.34 actual earnings per share reported by United Rentals, Inc. for the previous quarter, Wall Street now forecasts -25.75% negative EPS growth.

Investors sentiment decreased to 1.09 in Q3 2017. Its down 0.14, from 1.23 in 2017Q2. It dropped, as 39 investors sold URI shares while 183 reduced holdings. 75 funds opened positions while 167 raised stakes. 74.23 million shares or 2.10% less from 75.82 million shares in 2017Q2 were reported. Liberty Mutual Grp Asset Mgmt holds 0.03% or 3,422 shares in its portfolio. Lombard Odier Asset Mngmt (Switzerland) Sa holds 0.1% of its portfolio in United Rentals, Inc. (NYSE:URI) for 7,650 shares. Hartford Inv Communication holds 18,063 shares. United Kingdom-based Legal General Gru Public Limited has invested 0.04% in United Rentals, Inc. (NYSE:URI). Hancock Holding invested 0.08% in United Rentals, Inc. (NYSE:URI). Gateway Investment Advisers Ltd Liability Corporation has invested 0.01% of its portfolio in United Rentals, Inc. (NYSE:URI). Qci Asset Mgmt Ny holds 1.83% in United Rentals, Inc. (NYSE:URI) or 118,589 shares. Proshare Ltd Liability Co invested in 0.03% or 20,187 shares. 128,579 were reported by Great West Life Assurance Can. Advisory Service Networks Ltd Liability stated it has 0% in United Rentals, Inc. (NYSE:URI). Lenox Wealth Management Incorporated holds 53 shares. Alliancebernstein Lp owns 232,854 shares for 0.02% of their portfolio. The New York-based Jpmorgan Chase And has invested 0.05% in United Rentals, Inc. (NYSE:URI). Natixis invested in 1,885 shares or 0% of the stock. Point72 Asia (Hong Kong) Limited invested 0% of its portfolio in United Rentals, Inc. (NYSE:URI).

Among 23 analysts covering United Rentals Inc. (NYSE:URI), 6 have Buy rating, 4 Sell and 13 Hold. Therefore 26% are positive. United Rentals Inc. had 75 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Sell” rating by UBS given on Friday, October 14. The firm earned “Outperform” rating on Friday, July 24 by RBC Capital Markets. Stifel Nicolaus maintained the stock with “Hold” rating in Friday, January 27 report. The firm has “Buy” rating by RBC Capital Markets given on Thursday, January 11. Morgan Stanley downgraded United Rentals, Inc. (NYSE:URI) on Monday, October 24 to “Equal-Weight” rating. The firm has “Hold” rating by Argus Research given on Thursday, February 2. Longbow upgraded the stock to “Buy” rating in Monday, January 18 report. As per Friday, January 26, the company rating was maintained by UBS. Avondale upgraded the stock to “Mkt Outperform” rating in Thursday, January 26 report. Bank of America maintained it with “Buy” rating and $145 target in Thursday, July 20 report.

Investors sentiment decreased to 0.01 in 2017 Q3. Its down 1.10, from 1.11 in 2017Q2. It turned negative, as 191 investors sold Cleveland-Cliffs Inc. shares while 0 reduced holdings. 1 funds opened positions while 0 raised stakes. 81,846 shares or 99.95% less from 168.80 million shares in 2017Q2 were reported. Vantage Advisors Limited Liability Company has 200 shares for 0% of their portfolio. Dreman Value L L C holds 38,642 shares or 0.15% of its portfolio. 11,300 are held by Focused Wealth Management. Kazazian Asset Mgmt Limited Liability holds 12,114 shares. Meridian Invest Counsel holds 19,390 shares. Peddock Capital Limited Liability Company reported 200 shares.

Cleveland-Cliffs Inc., a mining and natural resources company, produces and supplies iron ore. The company has market cap of $2.24 billion. The firm operates four iron ore mines in Michigan and Minnesota; and Koolyanobbing iron ore mining complex located in Western Australia. It has a 5.99 P/E ratio. It sells its products to integrated steel companies and steel producers in the United States and the Asia Pacific.

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