As Cheetah Mobile (CMCM) Market Valuation Rose, J&P China Capital Management Company Cut Its Position; As United Rentals (URI) Stock Declined, Montag A & Associates Has Trimmed by $1.39 Million Its Stake

February 21, 2018 - By Henry Gaston

Montag A & Associates Inc decreased its stake in United Rentals Inc. (URI) by 13.67% based on its latest 2017Q3 regulatory filing with the SEC. Montag A & Associates Inc sold 10,094 shares as the company’s stock declined 12.64% while stock markets rallied. The institutional investor held 63,760 shares of the technology company at the end of 2017Q3, valued at $8.85 million, down from 73,854 at the end of the previous reported quarter. Montag A & Associates Inc who had been investing in United Rentals Inc. for a number of months, seems to be less bullish one the $14.76B market cap company. The stock increased 1.50% or $2.5899 during the last trading session, reaching $174.8399. About 843,162 shares traded. United Rentals, Inc. (NYSE:URI) has risen 71.76% since February 21, 2017 and is uptrending. It has outperformed by 55.06% the S&P500.

J&P China Capital Management Company decreased its stake in Cheetah Mobile Inc (CMCM) by 39.38% based on its latest 2017Q3 regulatory filing with the SEC. J&P China Capital Management Company sold 590,988 shares as the company’s stock rose 5.18% with the market. The institutional investor held 909,830 shares of the prepackaged software company at the end of 2017Q3, valued at $7.65 million, down from 1.50M at the end of the previous reported quarter. J&P China Capital Management Company who had been investing in Cheetah Mobile Inc for a number of months, seems to be less bullish one the $2.00 billion market cap company. The stock increased 0.56% or $0.08 during the last trading session, reaching $14.42. About 386,738 shares traded. Cheetah Mobile Inc. (NYSE:CMCM) has declined 7.70% since February 21, 2017 and is downtrending. It has underperformed by 24.40% the S&P500.

Montag A & Associates Inc, which manages about $1.25 billion and $931.63M US Long portfolio, upped its stake in Oracle Corp (NYSE:ORCL) by 21,509 shares to 70,217 shares, valued at $3.40M in 2017Q3, according to the filing. It also increased its holding in Morgan Stanley Dean Witter Com (NYSE:MS) by 13,571 shares in the quarter, for a total of 82,325 shares, and has risen its stake in Borgwarner Inc Com (NYSE:BWA).

Investors sentiment decreased to 1.09 in 2017 Q3. Its down 0.14, from 1.23 in 2017Q2. It dived, 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. Shellback Capital Lp invested 4.2% of its portfolio in United Rentals, Inc. (NYSE:URI). Trustmark Fincl Bank Trust Department accumulated 11,035 shares. Virginia Retirement Et Al holds 0.2% of its portfolio in United Rentals, Inc. (NYSE:URI) for 115,900 shares. Cypress Cap Management (Wy) has 0.07% invested in United Rentals, Inc. (NYSE:URI). Wells Fargo And Mn invested in 0.01% or 278,861 shares. Cleararc Cap invested in 2,196 shares or 0.05% of the stock. Mutual Of America Mngmt Lc holds 25,604 shares or 0.06% of its portfolio. United Serv Automobile Association stated it has 48,135 shares. Balyasny Asset Limited Liability, a Illinois-based fund reported 284,270 shares. Schwab Charles Inc holds 0.05% of its portfolio in United Rentals, Inc. (NYSE:URI) for 412,731 shares. Qci Asset Management Inc has invested 1.83% in United Rentals, Inc. (NYSE:URI). Moreover, Bluecrest Cap Mngmt Limited has 0.16% invested in United Rentals, Inc. (NYSE:URI) for 28,500 shares. Moreover, Scopus Asset Mgmt Limited Partnership has 0.29% invested in United Rentals, Inc. (NYSE:URI) for 201,910 shares. Metropolitan Life Insur New York holds 0.04% or 43,699 shares in its portfolio. Brown Advisory owns 475,170 shares for 0.22% of their portfolio.

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 17.62 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.

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. RBC Capital Markets maintained United Rentals, Inc. (NYSE:URI) on Thursday, April 13 with “Hold” rating. Stifel Nicolaus maintained United Rentals, Inc. (NYSE:URI) on Sunday, December 10 with “Buy” rating. As per Friday, January 15, the company rating was upgraded by Longbow. As per Wednesday, August 23, the company rating was maintained by RBC Capital Markets. Goldman Sachs downgraded United Rentals, Inc. (NYSE:URI) on Friday, May 6 to “Sell” rating. Deutsche Bank maintained United Rentals, Inc. (NYSE:URI) rating on Friday, July 21. Deutsche Bank has “Hold” rating and $130 target. The stock has “Hold” rating by Oppenheimer on Thursday, August 17. As per Thursday, August 17, the company rating was maintained by Jefferies. The firm has “Underperform” rating by Macquarie Research given on Friday, August 26. Bank of America maintained it with “Buy” rating and $230.0 target in Friday, January 26 report.

Among 5 analysts covering Cheetah Mobile Inc (NYSE:CMCM), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Cheetah Mobile Inc had 9 analyst reports since September 14, 2015 according to SRatingsIntel. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Tuesday, April 26. On Wednesday, September 30 the stock rating was downgraded by Credit Suisse to “Neutral”. The stock of Cheetah Mobile Inc. (NYSE:CMCM) earned “Underperform” rating by Credit Suisse on Friday, May 20. The firm has “Neutral” rating by Macquarie Research given on Friday, May 20. The rating was maintained by Nomura on Wednesday, August 23 with “Neutral”. The firm has “Overweight” rating given on Thursday, March 17 by Morgan Stanley.

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