Janus Henderson Group PLC raised its position in shares of AMERCO (NASDAQ:UHAL) by 9.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 73,778 shares of the transportation company’s stock after acquiring an additional 6,183 shares during the period. Janus Henderson Group PLC’s holdings in AMERCO were worth $26,313,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of UHAL. SG Americas Securities LLC bought a new stake in shares of AMERCO in the 2nd quarter worth approximately $188,000. Parametrica Management Ltd bought a new position in AMERCO in the 3rd quarter valued at approximately $208,000. State of Alaska Department of Revenue lifted its position in AMERCO by 30.9% in the 3rd quarter. State of Alaska Department of Revenue now owns 720 shares of the transportation company’s stock valued at $256,000 after acquiring an additional 170 shares in the last quarter. IFM Investors Pty Ltd bought a new position in AMERCO in the 3rd quarter valued at approximately $285,000. Finally, Toronto Dominion Bank lifted its position in AMERCO by 87.0% in the 2nd quarter. Toronto Dominion Bank now owns 879 shares of the transportation company’s stock valued at $313,000 after acquiring an additional 409 shares in the last quarter. 37.33% of the stock is currently owned by institutional investors and hedge funds.
UHAL has been the topic of several analyst reports. BidaskClub cut AMERCO from a “sell” rating to a “strong sell” rating in a research report on Tuesday. ValuEngine raised AMERCO from a “hold” rating to a “buy” rating in a research report on Wednesday, November 21st.
UHAL stock opened at $340.08 on Thursday. The company has a market capitalization of $6.79 billion, a P/E ratio of 21.66 and a beta of 0.86. AMERCO has a 12-month low of $316.00 and a 12-month high of $386.64. The company has a current ratio of 2.12, a quick ratio of 1.95 and a debt-to-equity ratio of 0.97.
AMERCO (NASDAQ:UHAL) last released its quarterly earnings data on Wednesday, November 7th. The transportation company reported $8.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.49 by $1.86. The business had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.06 billion. AMERCO had a return on equity of 9.56% and a net margin of 22.32%. The firm’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the prior year, the firm posted $6.36 EPS. As a group, analysts forecast that AMERCO will post 17.96 EPS for the current year.
In other AMERCO news, General Counsel Respino Laurence J. De sold 75 shares of the business’s stock in a transaction on Thursday, October 4th. The shares were sold at an average price of $369.92, for a total transaction of $27,744.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 42.60% of the stock is currently owned by insiders.
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AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.
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