Quantum Capital Management LLC NJ reduced its stake in shares of AMERCO (NASDAQ:UHAL) by 1.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,510 shares of the transportation company’s stock after selling 291 shares during the period. AMERCO accounts for 0.8% of Quantum Capital Management LLC NJ’s portfolio, making the stock its 24th biggest holding. Quantum Capital Management LLC NJ owned 0.11% of AMERCO worth $8,064,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds also recently bought and sold shares of UHAL. BlackRock Inc. lifted its position in shares of AMERCO by 4,120.4% during the 1st quarter. BlackRock Inc. now owns 297,493 shares of the transportation company’s stock valued at $113,401,000 after buying an additional 290,444 shares in the last quarter. Abrams Capital Management L.P. lifted its position in shares of AMERCO by 46.3% during the 2nd quarter. Abrams Capital Management L.P. now owns 394,610 shares of the transportation company’s stock valued at $144,451,000 after buying an additional 124,918 shares in the last quarter. Janus Henderson Group PLC purchased a new position in shares of AMERCO during the 2nd quarter valued at about $32,388,000. Gruss Capital Management LP purchased a new position in shares of AMERCO during the 2nd quarter valued at about $21,964,000. Finally, Principal Financial Group Inc. lifted its position in shares of AMERCO by 32.7% during the 2nd quarter. Principal Financial Group Inc. now owns 234,744 shares of the transportation company’s stock valued at $85,930,000 after buying an additional 57,791 shares in the last quarter. 29.88% of the stock is currently owned by hedge funds and other institutional investors.
AMERCO (NASDAQ:UHAL) opened at $354.06 on Friday. AMERCO has a 12-month low of $338.30 and a 12-month high of $400.99. The company has a debt-to-equity ratio of 1.12, a quick ratio of 2.37 and a current ratio of 2.60. The firm has a market capitalization of $6,942.41, a PE ratio of 21.30 and a beta of 1.15.
AMERCO (NASDAQ:UHAL) last posted its quarterly earnings data on Wednesday, November 8th. The transportation company reported $6.36 earnings per share for the quarter, missing the Zacks’ consensus estimate of $7.18 by ($0.82). AMERCO had a net margin of 9.30% and a return on equity of 11.28%. The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $975.90 million. During the same period in the previous year, the firm earned $9.01 earnings per share. The firm’s quarterly revenue was up 4.4% on a year-over-year basis. sell-side analysts predict that AMERCO will post 22.6 earnings per share for the current year.
UHAL has been the topic of a number of analyst reports. ValuEngine raised AMERCO from a “hold” rating to a “buy” rating in a research report on Monday, September 11th. BidaskClub raised AMERCO from a “buy” rating to a “strong-buy” rating in a research report on Monday, July 31st.
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AMERCO Company Profile
AMERCO is a do-it-yourself moving and storage operator through its subsidiary, U-Haul International, Inc (U-Haul). The Company supplies its products and services to help people move and store their household and commercial goods through U-Haul. It sells U-Haul brand boxes, tape, and other moving and self-storage products and services to do-it-yourself moving and storage customers at its distribution outlets and through uhaul.com and eMove Websites.
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