Pomelo Capital LLC purchased a new position in shares of Hertz Global Holdings, Inc (NYSE:HTZ) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 70,000 shares of the transportation company’s stock, valued at approximately $805,000. Hertz Global Holdings comprises about 0.0% of Pomelo Capital LLC’s investment portfolio, making the stock its 19th biggest position. Pomelo Capital LLC owned about 0.08% of Hertz Global Holdings at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of HTZ. Utah Retirement Systems increased its holdings in shares of Hertz Global Holdings by 0.8% during the 1st quarter. Utah Retirement Systems now owns 13,156 shares of the transportation company’s stock worth $231,000 after acquiring an additional 100 shares during the last quarter. Voya Investment Management LLC increased its holdings in shares of Hertz Global Holdings by 1.2% during the 2nd quarter. Voya Investment Management LLC now owns 23,987 shares of the transportation company’s stock worth $276,000 after acquiring an additional 282 shares during the last quarter. Suntrust Banks Inc. increased its holdings in shares of Hertz Global Holdings by 2.2% during the 2nd quarter. Suntrust Banks Inc. now owns 13,107 shares of the transportation company’s stock worth $150,000 after acquiring an additional 285 shares during the last quarter. Hosking Partners LLP increased its holdings in shares of Hertz Global Holdings by 1.7% during the 2nd quarter. Hosking Partners LLP now owns 54,315 shares of the transportation company’s stock worth $625,000 after acquiring an additional 932 shares during the last quarter. Finally, SG Americas Securities LLC increased its holdings 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 worth $1,442,000 after acquiring an additional 1,144 shares during the last quarter.

In other Hertz Global Holdings news, SVP Robin Kramer sold 3,524 shares of the firm’s stock in a transaction on Thursday, September 14th. The stock was sold at an average price of $21.53, for a total value of $75,871.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.33% of the company’s stock.

Shares of Hertz Global Holdings, Inc (HTZ) traded down 5.21% on Friday, reaching $22.36. The company’s stock had a trading volume of 6,266,373 shares. The stock’s market cap is $1.87 billion. The firm’s 50 day moving average is $22.25 and its 200-day moving average is $22.25. Hertz Global Holdings, Inc has a 52-week low of $17.20 and a 52-week high of $48.00.

Hertz Global Holdings (NYSE:HTZ) last issued its quarterly earnings results on Tuesday, August 8th. The transportation company reported ($0.63) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.12) by ($0.51). Hertz Global Holdings had a negative return on equity of 10.27% and a negative net margin of 8.96%. The business had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.22 billion. During the same quarter last year, the business posted $0.41 earnings per share. The business’s revenue was down 2.0% compared to the same quarter last year. On average, equities research analysts forecast that Hertz Global Holdings, Inc will post ($1.52) EPS for the current year.

A number of research analysts recently weighed in on HTZ shares. Morgan Stanley lowered Hertz Global Holdings from an “equal weight” rating to an “underweight” rating and boosted their target price for the stock from $12.00 to $14.00 in a report on Thursday, September 14th. BidaskClub raised Hertz Global Holdings from a “hold” rating to a “buy” rating in a report on Sunday, July 16th. Zacks Investment Research raised Hertz Global Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. ValuEngine raised Hertz Global Holdings from a “strong sell” rating to a “sell” rating in a report on Friday, September 1st. Finally, Goldman Sachs Group, Inc. (The) reissued a “sell” rating on shares of Hertz Global Holdings in a report on Thursday, September 7th. Six research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $16.86.

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Hertz Global Holdings Company 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.

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

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