Century Capital Management LLC decreased its holdings in shares of Amerco (NASDAQ:UHAL) by 4.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,256 shares of the transportation company’s stock after selling 404 shares during the period. Century Capital Management LLC’s holdings in Amerco were worth $3,022,000 at the end of the most recent reporting period.
Several other institutional investors have also made changes to their positions in UHAL. BlackRock Inc. boosted its position in shares of Amerco by 4,120.4% during the 1st quarter. BlackRock Inc. now owns 297,493 shares of the transportation company’s stock valued at $113,401,000 after purchasing an additional 290,444 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Amerco by 24,683.3% in the first quarter. Principal Financial Group Inc. now owns 176,953 shares of the transportation company’s stock worth $67,453,000 after acquiring an additional 176,239 shares in the last quarter. Abrams Capital Management L.P. boosted its holdings in Amerco by 162.2% in the first quarter. Abrams Capital Management L.P. now owns 269,692 shares of the transportation company’s stock worth $102,804,000 after acquiring an additional 166,832 shares in the last quarter. Brandes Investment Partners LP bought a new position in Amerco in the second quarter worth approximately $11,781,000. Finally, Kovitz Investment Group Partners LLC boosted its holdings in Amerco by 24.9% in the second quarter. Kovitz Investment Group Partners LLC now owns 132,393 shares of the transportation company’s stock worth $48,464,000 after acquiring an additional 26,385 shares in the last quarter. Institutional investors own 30.03% of the company’s stock.
Shares of Amerco (NASDAQ:UHAL) traded up 1.12% during mid-day trading on Friday, hitting $387.53. The stock had a trading volume of 170,486 shares. Amerco has a 52-week low of $307.80 and a 52-week high of $398.94. The firm has a market cap of $7.60 billion, a PE ratio of 20.11 and a beta of 1.12. The stock’s 50-day moving average price is $377.16 and its 200-day moving average price is $369.19.
Amerco (NASDAQ:UHAL) last issued its earnings results on Wednesday, August 9th. The transportation company reported $6.44 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $6.46 by ($0.02). Amerco had a return on equity of 12.85% and a net margin of 10.92%. The business had revenue of $957.93 million for the quarter, compared to analysts’ expectations of $943.57 million. During the same period last year, the business earned $7.51 EPS. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. On average, analysts anticipate that Amerco will post $20.36 earnings per share for the current fiscal year.
Several research analysts have issued reports on the company. ValuEngine upgraded Amerco from a “hold” rating to a “buy” rating in a report on Monday, September 11th. BidaskClub raised Amerco from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 31st.
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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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