Pennsylvania Trust Co Boosts Stake in AMERCO (UHAL)
Pennsylvania Trust Co lifted its position in AMERCO (NASDAQ:UHAL) by 4.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 15,995 shares of the transportation company’s stock after buying an additional 609 shares during the period. Pennsylvania Trust Co’s holdings in AMERCO were worth $6,045,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Toronto Dominion Bank raised its stake in shares of AMERCO by 241.2% in the 3rd quarter. Toronto Dominion Bank now owns 290 shares of the transportation company’s stock worth $109,000 after buying an additional 205 shares in the last quarter. Riverhead Capital Management LLC raised its position in shares of AMERCO by 63.2% during the second quarter. Riverhead Capital Management LLC now owns 310 shares of the transportation company’s stock worth $114,000 after purchasing an additional 120 shares during the period. Citigroup Inc. acquired a new stake in shares of AMERCO during the second quarter worth $145,000. Cubist Systematic Strategies LLC acquired a new stake in shares of AMERCO during the third quarter worth $210,000. Finally, Sciencast Management LP acquired a new stake in shares of AMERCO during the second quarter worth $216,000. 30.70% of the stock is currently owned by institutional investors.
A number of equities research analysts have recently issued reports on the company. BidaskClub raised AMERCO from a “strong sell” rating to a “sell” rating in a research report on Wednesday, December 6th. ValuEngine lowered AMERCO from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd.
Shares of AMERCO (NASDAQ UHAL) opened at $367.10 on Wednesday. The stock has a market capitalization of $7,321.16, a price-to-earnings ratio of 22.09 and a beta of 1.11. The company has a current ratio of 2.60, a quick ratio of 2.37 and a debt-to-equity ratio of 1.12. AMERCO has a 52-week low of $338.30 and a 52-week high of $400.99.
AMERCO (NASDAQ:UHAL) last announced its earnings results on Wednesday, November 8th. The transportation company reported $6.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.18 by ($0.82). The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $975.90 million. AMERCO had a return on equity of 11.28% and a net margin of 9.30%. The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same period last year, the firm earned $9.01 earnings per share. research analysts anticipate that AMERCO will post 22.65 EPS for the current fiscal year.
The business also recently announced a special dividend, which was paid on Friday, January 5th. Stockholders of record on Thursday, December 21st were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Wednesday, December 20th.
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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