Lenox Wealth Management Inc. purchased a new stake in shares of Hertz Global Holdings, Inc (NYSE:HTZ) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 58,717 shares of the transportation company’s stock, valued at approximately $675,000. Lenox Wealth Management Inc. owned about 0.07% of Hertz Global Holdings at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. SG Americas Securities LLC boosted its position in shares of Hertz Global Holdings by 0.9% during the 2nd quarter. SG Americas Securities LLC now owns 125,433 shares of the transportation company’s stock valued at $1,442,000 after acquiring an additional 1,144 shares during the last quarter. California Public Employees Retirement System boosted its position in shares of Hertz Global Holdings by 38.3% during the 1st quarter. California Public Employees Retirement System now owns 398,300 shares of the transportation company’s stock valued at $6,986,000 after acquiring an additional 110,300 shares during the last quarter. Airain ltd acquired a new position in shares of Hertz Global Holdings during the 2nd quarter valued at about $2,335,000. Teachers Advisors LLC boosted its position in shares of Hertz Global Holdings by 14.6% during the 1st quarter. Teachers Advisors LLC now owns 87,229 shares of the transportation company’s stock valued at $1,530,000 after acquiring an additional 11,120 shares during the last quarter. Finally, Karp Capital Management Corp acquired a new position in shares of Hertz Global Holdings during the 1st quarter valued at about $211,000.

Hertz Global Holdings, Inc (NYSE HTZ) traded down 2.32% on Thursday, reaching $24.40. 2,078,331 shares of the company’s stock were exchanged. Hertz Global Holdings, Inc has a 1-year low of $17.20 and a 1-year high of $39.65. The company has a 50 day moving average price of $22.97 and a 200-day moving average price of $22.97. The company’s market capitalization is $2.04 billion.

Hertz Global Holdings (NYSE:HTZ) last released its quarterly earnings results on Tuesday, August 8th. The transportation company reported ($0.63) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.51). The company had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.22 billion. Hertz Global Holdings had a negative return on equity of 10.27% and a negative net margin of 8.96%. The business’s revenue was down 2.0% on a year-over-year basis. During the same period last year, the firm posted $0.41 earnings per share. On average, equities research analysts anticipate that Hertz Global Holdings, Inc will post ($1.51) earnings per share for the current year.

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In related news, SVP Robin Kramer sold 3,524 shares of the business’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $21.53, for a total transaction of $75,871.72. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.33% of the company’s stock.

Several research analysts have recently weighed in on HTZ shares. Zacks Investment Research cut shares of Hertz Global Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, July 18th. ValuEngine raised shares of Hertz Global Holdings from a “strong sell” rating to a “sell” rating in a research report on Friday, September 1st. BidaskClub raised shares of Hertz Global Holdings from a “hold” rating to a “buy” rating in a research report on Monday, July 31st. Barclays PLC cut shares of Hertz Global Holdings from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from $17.34 to $9.00 in a research report on Monday, July 31st. Finally, Deutsche Bank AG set a $14.00 price target on shares of Hertz Global Holdings and gave the company a “hold” rating in a research report on Wednesday, August 9th. Six analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company’s stock. Hertz Global Holdings presently has a consensus rating of “Hold” and a consensus target price of $16.86.

Hertz Global Holdings Profile

Herc Holdings Inc, formerly Hertz Global Holdings, Inc, is a holding company. The Company is engaged principally in the business of renting and leasing of cars through its Hertz, Dollar, Thrifty and Firefly brands, and equipment through its Hertz Equipment Rental brand. It operates through four segments: U.S.

Institutional Ownership by Quarter for Hertz Global Holdings (NYSE:HTZ)

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