Public Employees Retirement Association of Colorado grew its stake in AMERCO (NASDAQ:UHAL) by 106.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 326 shares of the transportation company’s stock after acquiring an additional 168 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in AMERCO were worth $123,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of the company. Steinberg Global Asset Management lifted its position in AMERCO by 70.5% during the fourth quarter. Steinberg Global Asset Management now owns 2,815 shares of the transportation company’s stock worth $1,064,000 after buying an additional 1,164 shares during the period. Victory Capital Management Inc. lifted its position in AMERCO by 12.4% during the fourth quarter. Victory Capital Management Inc. now owns 4,237 shares of the transportation company’s stock worth $1,601,000 after buying an additional 466 shares during the period. Denali Advisors LLC lifted its position in AMERCO by 157.8% during the fourth quarter. Denali Advisors LLC now owns 23,200 shares of the transportation company’s stock worth $8,768,000 after buying an additional 14,200 shares during the period. Reinhart Partners Inc. lifted its position in AMERCO by 3.1% during the fourth quarter. Reinhart Partners Inc. now owns 63,410 shares of the transportation company’s stock worth $23,963,000 after buying an additional 1,915 shares during the period. Finally, Ingalls & Snyder LLC purchased a new position in AMERCO during the fourth quarter worth about $4,140,000. Institutional investors and hedge funds own 35.32% of the company’s stock.
Several equities analysts recently weighed in on the company. BidaskClub downgraded AMERCO from a “sell” rating to a “strong sell” rating in a research report on Tuesday, December 19th. ValuEngine downgraded AMERCO from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd.
AMERCO (NASDAQ UHAL) opened at $354.50 on Wednesday. AMERCO has a 12-month low of $338.30 and a 12-month high of $400.99. The firm has a market capitalization of $6,950.00, a PE ratio of 15.43 and a beta of 1.01. The company has a debt-to-equity ratio of 0.98, a quick ratio of 2.93 and a current ratio of 3.13.
AMERCO (NASDAQ:UHAL) last released its earnings results on Wednesday, February 7th. The transportation company reported $2.34 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $9.20 by ($6.86). AMERCO had a return on equity of 9.96% and a net margin of 22.22%. The business had revenue of $842.88 million for the quarter, compared to analysts’ expectations of $784.80 million. During the same quarter last year, the company posted $3.33 earnings per share. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. analysts predict that AMERCO will post 22.65 EPS for the current fiscal year.
In related news, Director John P. Brogan sold 200 shares of the stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $381.16, for a total transaction of $76,232.00. Following the transaction, the director now directly owns 5,800 shares in the company, valued at $2,210,728. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 42.60% of the company’s stock.
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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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