Polygon Management LTD Trimmed Holding in Pembina Pipeline (PBA) by $1.78 Million as Market Value Rose; Westport Asset Management Has Decreased Its Stake in United Rentals (URI) by $1.02 Million as Share Price Rose

United Rentals, Inc. (NYSE:URI) Logo

Polygon Management Ltd decreased its stake in Pembina Pipeline Corp (PBA) by 59.71% based on its latest 2018Q4 regulatory filing with the SEC. Polygon Management Ltd sold 61,500 shares as the company’s stock rose 11.70% with the market. The institutional investor held 41,500 shares of the oil & gas production company at the end of 2018Q4, valued at $1.23 million, down from 103,000 at the end of the previous reported quarter. Polygon Management Ltd who had been investing in Pembina Pipeline Corp for a number of months, seems to be less bullish one the $18.73 billion market cap company. The stock decreased 0.32% or $0.12 during the last trading session, reaching $37.01. About 629,570 shares traded. Pembina Pipeline Corporation (NYSE:PBA) has risen 14.87% since March 17, 2018 and is uptrending. It has outperformed by 10.50% the S&P500. Some Historical PBA News: 22/03/2018 – PEMBINA PIPELINE REPORTS $700M PUBLIC NOTE OFFERING; 22/03/2018 – PEMBINA PIPELINE CORP – OFFERING WILL ALSO CONSIST OF $300 MLN IN SENIOR UNSECURED MEDIUM-TERM NOTES, SERIES 11; 27/03/2018 – Enbridge, Pembina to Convert Alliance Pipeline Operation Into Owner-Operator Model; 03/05/2018 – Pembina Pipeline Raises Dividend to C$0.19 Vs. C$0.18; 09/04/2018 – Pembina Pipeline Corp Announces Changes to Reporting Segments; 22/03/2018 – PEMBINA PIPELINE CORPORATION ANNOUNCES $700 MILLION PUBLIC NOTE OFFERING; 03/05/2018 – PEMBINA PIPELINE 1Q CAPEX C$324M, EST. C$325.0M; 29/05/2018 – PEMBINA PIPELINE CORPORATION UPDATES 2018 GUIDANCE AND WILL HOST ANNUAL INVESTOR DAY; 03/05/2018 – PEMBINA PIPELINE CORP QTRLY REVENUE $1,837 MLN VS $1,480 MLN; 03/05/2018 – PEMBINA PIPELINE – ABOUT $280 MLN PHASE Vl EXPANSION IS ANTICIPATED TO BE IN SERVICE IN EARLY 2020, SUBJECT TO ENVIRONMENTAL AND REGULATORY APPROVAL

Westport Asset Management Inc decreased its stake in United Rentals Inc (URI) by 55.56% based on its latest 2018Q4 regulatory filing with the SEC. Westport Asset Management Inc sold 10,000 shares as the company’s stock rose 13.00% with the market. The institutional investor held 8,000 shares of the technology company at the end of 2018Q4, valued at $820,000, down from 18,000 at the end of the previous reported quarter. Westport Asset Management Inc who had been investing in United Rentals Inc for a number of months, seems to be less bullish one the $9.56 billion market cap company. The stock decreased 1.29% or $1.57 during the last trading session, reaching $120.14. About 1.92M shares traded or 18.37% up from the average. United Rentals, Inc. (NYSE:URI) has declined 23.52% since March 17, 2018 and is downtrending. It has underperformed by 27.89% the S&P500. Some Historical URI News: 18/04/2018 – United Rentals Backs FY Adjusted EBITDA View of $3.60B-$3.75B; 08/03/2018 – United Rentals: Michael Kneeland to Continue as CEO; 18/04/2018 – United Rentals 1Q Rev $1.73B; 18/04/2018 – UNITED RENTALS 1Q REV. $1.73B, EST. $1.69B; 18/04/2018 – UNITED RENTALS INC URI.N FY2018 REV VIEW $7.58 BLN — THOMSON REUTERS l/B/E/S; 18/04/2018 – United Rentals 1Q EPS $2.15; 19/04/2018 – S&P REVISES UNITED RENTALS (NORTH AMERICA) INC. TO RATING ‘BB’ FROM ‘BB-‘; 26/03/2018 – United Rentals Closes Above 50-Day Moving Average: Technicals; 05/03/2018 Rhode Island AG: Precautionary Boil Water Notice Issued for W. Alton Jones Campus – URI – Whispering Pines Conference; 09/03/2018 – United Rentals and streaming giant Netflix are the second and third best-performing S&P 500 components since the end of the financial crisis, surging more than 5,500 percent each

Analysts await Pembina Pipeline Corporation (NYSE:PBA) to report earnings on May, 2. They expect $0.56 earnings per share, up 19.15% or $0.09 from last year’s $0.47 per share. PBA’s profit will be $283.47 million for 16.52 P/E if the $0.56 EPS becomes a reality. After $0.50 actual earnings per share reported by Pembina Pipeline Corporation for the previous quarter, Wall Street now forecasts 12.00% EPS growth.

More notable recent Pembina Pipeline Corporation (NYSE:PBA) news were published by: Seekingalpha.com which released: “Pembina maintains timeline for Jordan Cove LNG terminal amid FERC delay – Seeking Alpha” on March 07, 2019, also Seekingalpha.com with their article: “Pembina Pipeline: A Pure Midstream Play In Western Canada – Seeking Alpha” published on December 21, 2018, Seekingalpha.com published: “Pembina Pipeline Corp. (PBA) CEO Michael Dilger on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” on February 22, 2019. More interesting news about Pembina Pipeline Corporation (NYSE:PBA) were released by: Seekingalpha.com and their article: “Pembina maintains target for Jordan Cove LNG permit approval, startup – Seeking Alpha” published on February 22, 2019 as well as Seekingalpha.com‘s news article titled: “Pembina delays FID on $3.5B plastics plant but analysts expect go-ahead – Seeking Alpha” with publication date: December 10, 2018.

Polygon Management Ltd, which manages about $633.91 million US Long portfolio, upped its stake in Adaptimmune Therapeutics Plc by 200,000 shares to 500,000 shares, valued at $2.88M in 2018Q4, according to the filing. It also increased its holding in National Cinemedia Inc (NASDAQ:NCMI) by 468,415 shares in the quarter, for a total of 1.53 million shares, and has risen its stake in Gopro Inc (NASDAQ:GPRO).

Investors sentiment decreased to 0.92 in Q4 2018. Its down 0.18, from 1.1 in 2018Q3. It worsened, as 93 investors sold URI shares while 182 reduced holdings. 86 funds opened positions while 166 raised stakes. 70.11 million shares or 4.21% more from 67.28 million shares in 2018Q3 were reported. Eagle Asset reported 385,493 shares. M&T Comml Bank holds 0% of its portfolio in United Rentals, Inc. (NYSE:URI) for 8,205 shares. Signaturefd Lc holds 0.01% or 574 shares. Nuveen Asset Mgmt Limited Liability Corp reported 0% stake. Whittier Com has 0% invested in United Rentals, Inc. (NYSE:URI) for 984 shares. 35 are held by Winch Advisory Lc. State Of Alaska Department Of Revenue holds 0.04% or 20,610 shares. Oakbrook Invests Lc, a Illinois-based fund reported 9,120 shares. Piedmont Inv Advisors Incorporated accumulated 7,060 shares or 0.03% of the stock. Mackay Shields Limited, New York-based fund reported 136,474 shares. Michigan-based Comerica Savings Bank has invested 0.02% in United Rentals, Inc. (NYSE:URI). Principal Fin Group holds 0.01% of its portfolio in United Rentals, Inc. (NYSE:URI) for 123,367 shares. Moreover, Quantbot Technologies Lp has 0.05% invested in United Rentals, Inc. (NYSE:URI) for 5,259 shares. Earnest Prns Ltd Liability Corporation holds 43 shares or 0% of its portfolio. Northern Corporation invested in 0.03% or 938,889 shares.

Analysts await United Rentals, Inc. (NYSE:URI) to report earnings on April, 17. They expect $3.10 EPS, up 8.01% or $0.23 from last year’s $2.87 per share. URI’s profit will be $246.73 million for 9.69 P/E if the $3.10 EPS becomes a reality. After $4.85 actual EPS reported by United Rentals, Inc. for the previous quarter, Wall Street now forecasts -36.08% negative EPS growth.

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