Hertz Global Holdings Inc (NYSE:HRI) was the target of unusually large options trading on Tuesday. Investors acquired 860 call options on the company. This represents an increase of 856% compared to the typical daily volume of 90 call options.

Several institutional investors have recently made changes to their positions in the company. Gamco Investors INC. ET AL increased its position in shares of Hertz Global by 3.3% during the 3rd quarter. Gamco Investors INC. ET AL now owns 3,642,489 shares of the transportation company’s stock valued at $178,955,000 after purchasing an additional 115,631 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Hertz Global by 4.9% during the 2nd quarter. Vanguard Group Inc. now owns 2,007,460 shares of the transportation company’s stock valued at $78,933,000 after acquiring an additional 93,761 shares during the period. BlackRock Inc. boosted its holdings in Hertz Global by 1.3% during the 4th quarter. BlackRock Inc. now owns 1,578,622 shares of the transportation company’s stock valued at $98,837,000 after acquiring an additional 19,864 shares during the period. Gabelli Funds LLC boosted its holdings in Hertz Global by 0.3% during the 3rd quarter. Gabelli Funds LLC now owns 1,254,609 shares of the transportation company’s stock valued at $61,639,000 after acquiring an additional 3,300 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in Hertz Global by 1.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 887,325 shares of the transportation company’s stock valued at $43,594,000 after acquiring an additional 15,801 shares during the period. Hedge funds and other institutional investors own 98.33% of the company’s stock.

HRI has been the topic of a number of research analyst reports. KeyCorp restated a “buy” rating and issued a $68.00 target price on shares of Hertz Global in a research note on Monday, December 18th. Northcoast Research reiterated a “neutral” rating on shares of Hertz Global in a research report on Tuesday, December 19th. Buckingham Research began coverage on Hertz Global in a research report on Tuesday, November 21st. They set a “neutral” rating and a $55.00 price objective on the stock. Royal Bank of Canada began coverage on Hertz Global in a research report on Friday, February 2nd. They set an “outperform” rating and a $79.00 price objective on the stock. Finally, Barclays began coverage on Hertz Global in a research report on Tuesday, December 12th. They set an “overweight” rating and a $70.00 price objective on the stock. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $57.00.

Hertz Global (NYSE HRI) opened at $59.18 on Thursday. The company has a current ratio of 1.09, a quick ratio of 1.03 and a debt-to-equity ratio of 7.66. The company has a market capitalization of $1,681.82, a PE ratio of -24.56 and a beta of 2.55. Hertz Global has a 1 year low of $33.27 and a 1 year high of $70.58.

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About Hertz Global

Hertz Global Holdings, Inc (Hertz Global) is a holding company. The Company owns Rental Car Intermediate Holdings, LLC, which owns Hertz Corporation (Hertz), Hertz Global’s primary operating company. The Company operates through three segments. The U.S. Car Rental (U.S. RAC) segment is engaged in the rental of vehicles, such as cars, crossovers and light trucks, as well as ancillary products and services, in the United States.

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