Scout Investments Inc. trimmed its position in shares of Amerco (NASDAQ:UHAL) by 2.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,654 shares of the transportation company’s stock after selling 787 shares during the period. Scout Investments Inc. owned 166,517.08% of Amerco worth $12,242,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Riverhead Capital Management LLC boosted its stake in Amerco by 63.2% during the 2nd quarter. Riverhead Capital Management LLC now owns 310 shares of the transportation company’s stock valued at $114,000 after purchasing an additional 120 shares during the period. Citigroup Inc. acquired a new stake in shares of Amerco in the 2nd quarter worth approximately $145,000. UBS Group AG lifted its stake in shares of Amerco by 98.4% in the 1st quarter. UBS Group AG now owns 508 shares of the transportation company’s stock worth $194,000 after acquiring an additional 252 shares during the period. Blair William & Co. IL acquired a new stake in shares of Amerco in the 2nd quarter worth approximately $201,000. Finally, TD Asset Management Inc. acquired a new stake in shares of Amerco in the 2nd quarter worth approximately $214,000. 30.13% of the stock is owned by hedge funds and other institutional investors.
Shares of Amerco (NASDAQ UHAL) opened at $369.67 on Friday. The firm has a market cap of $7,220.00, a P/E ratio of 22.34 and a beta of 1.14. Amerco has a one year low of $315.62 and a one year high of $400.99. The company has a quick ratio of 2.48, a current ratio of 2.60 and a debt-to-equity ratio of 1.12.
Amerco (NASDAQ:UHAL) last issued its quarterly earnings results on Wednesday, November 8th. The transportation company reported $6.36 earnings per share 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 analyst estimates of $975.90 million. Amerco had a return on equity of 11.28% and a net margin of 9.30%. The company’s revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the company posted $9.01 earnings per share. research analysts anticipate that Amerco will post 17.42 earnings per share for the current year.
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A number of analysts have recently weighed in on the stock. ValuEngine lowered shares of Amerco from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. BidaskClub raised shares of Amerco from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 31st.
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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