AMERCO (UHAL) Holdings Boosted by Ameriprise Financial Inc.

Ameriprise Financial Inc. grew its position in shares of AMERCO (NASDAQ:UHAL) by 11.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,957 shares of the transportation company’s stock after buying an additional 404 shares during the quarter. Ameriprise Financial Inc.’s holdings in AMERCO were worth $1,484,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of AMERCO by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 476,587 shares of the transportation company’s stock worth $174,460,000 after buying an additional 7,690 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 worth $144,451,000 after buying an additional 124,918 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of AMERCO by 8.6% during the 3rd quarter. Principal Financial Group Inc. now owns 255,019 shares of the transportation company’s stock worth $95,606,000 after buying an additional 20,275 shares in the last quarter. Newtyn Management LLC lifted its position in shares of AMERCO by 1.3% during the 2nd quarter. Newtyn Management LLC now owns 157,000 shares of the transportation company’s stock worth $57,471,000 after buying an additional 2,000 shares in the last quarter. Finally, Janus Henderson Group PLC bought a new position in shares of AMERCO during the 2nd quarter worth approximately $32,388,000. 30.70% of the stock is currently owned by hedge funds and other institutional investors.

In related news, Director John P. Brogan sold 200 shares of AMERCO stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $381.16, for a total value of $76,232.00. Following the sale, the director now owns 5,800 shares of the company’s stock, valued at approximately $2,210,728. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 42.60% of the company’s stock.

Several research firms have commented on UHAL. BidaskClub cut shares of AMERCO from a “sell” rating to a “strong sell” rating in a research report on Saturday, December 30th. ValuEngine cut shares of AMERCO from a “buy” rating to a “hold” rating in a report on Monday, October 2nd.

Shares of AMERCO (NASDAQ UHAL) opened at $374.94 on Wednesday. The company has a quick ratio of 2.37, a current ratio of 2.60 and a debt-to-equity ratio of 1.12. The company has a market cap of $7,330.00, a P/E ratio of 22.56 and a beta of 1.11. AMERCO has a 1-year low of $338.30 and a 1-year high of $400.99.

AMERCO (NASDAQ:UHAL) last posted its quarterly earnings results on Wednesday, November 8th. The transportation company reported $6.36 EPS for the quarter, missing analysts’ consensus estimates of $7.18 by ($0.82). The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $975.90 million. AMERCO had a return on equity of 11.28% and a net margin of 9.30%. The company’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period last year, the firm posted $9.01 EPS. analysts expect that AMERCO will post 22.65 earnings per share for the current fiscal year.

The business also recently declared a special dividend, which was paid on Friday, January 5th. Investors of record on Thursday, December 21st were issued a $0.50 dividend. The ex-dividend date of this dividend was Wednesday, December 20th.

ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by BBNS and is owned by of BBNS. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of United States & international trademark & copyright law. The legal version of this piece of content can be accessed at https://baseballnewssource.com/markets/amerco-uhal-holdings-boosted-by-ameriprise-financial-inc/1822370.html.

AMERCO 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.

Institutional Ownership by Quarter for AMERCO (NASDAQ:UHAL)

Receive News & Ratings for AMERCO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMERCO and related companies with our FREE daily email newsletter.

 


Latest News

Houston Astros Add Starter to Rotation
Houston Astros Add Starter to Rotation
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Justin Morneau Former Star With Twins and AL MVP Retires
Justin Morneau Former Star With Twins and AL MVP Retires
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets
Trade Rumor: Manny Machado Could Land With Yankees
Trade Rumor: Manny Machado Could Land With Yankees
Los Angeles Dodgers Acquire Scott Alexander as Part of Three Team Deal
Los Angeles Dodgers Acquire Scott Alexander as Part of Three Team Deal


Leave a Reply

 
© 2006-2018 BBNS.