AMERCO (UHAL) Stake Raised by Janus Henderson Group PLC
Janus Henderson Group PLC grew its holdings in shares of AMERCO (NASDAQ:UHAL) by 4.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 92,541 shares of the transportation company’s stock after buying an additional 4,064 shares during the period. Janus Henderson Group PLC owned 0.47% of AMERCO worth $34,694,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Amalgamated Bank raised its holdings in shares of AMERCO by 3.4% during the second quarter. Amalgamated Bank now owns 919 shares of the transportation company’s stock valued at $336,000 after buying an additional 30 shares during the last quarter. Tredje AP fonden increased its stake in shares of AMERCO by 2.4% during the second quarter. Tredje AP fonden now owns 2,057 shares of the transportation company’s stock valued at $753,000 after acquiring an additional 48 shares during the period. The Manufacturers Life Insurance Company increased its stake in shares of AMERCO by 10.1% during the second quarter. The Manufacturers Life Insurance Company now owns 656 shares of the transportation company’s stock valued at $241,000 after acquiring an additional 60 shares during the period. DekaBank Deutsche Girozentrale increased its stake in shares of AMERCO by 12.0% during the second quarter. DekaBank Deutsche Girozentrale now owns 758 shares of the transportation company’s stock valued at $283,000 after acquiring an additional 81 shares during the period. Finally, Riverhead Capital Management LLC increased its stake in shares of AMERCO by 63.2% during the second quarter. Riverhead Capital Management LLC now owns 310 shares of the transportation company’s stock valued at $114,000 after acquiring an additional 120 shares during the period. 30.70% of the stock is currently owned by institutional investors.
AMERCO (NASDAQ UHAL) opened at $381.88 on Wednesday. AMERCO has a 12 month low of $338.30 and a 12 month high of $400.99. The company has a current ratio of 2.60, a quick ratio of 2.37 and a debt-to-equity ratio of 1.12. The company has a market cap of $7,490.00, a P/E ratio of 22.72 and a beta of 1.11.
AMERCO (NASDAQ:UHAL) last posted its quarterly earnings data on Wednesday, November 8th. The transportation company reported $6.36 EPS for the quarter, missing the Zacks’ consensus estimate of $7.18 by ($0.82). AMERCO had a net margin of 9.30% and a return on equity of 11.28%. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $975.90 million. During the same quarter in the prior year, the business earned $9.01 EPS. AMERCO’s revenue was up 4.4% compared to the same quarter last year. research analysts expect that AMERCO will post 22.6 EPS for the current fiscal year.
The business also recently disclosed a special dividend, which will be paid on Friday, January 5th. Investors of record on Thursday, December 21st will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Wednesday, December 20th.
A number of research analysts recently commented on the stock. ValuEngine upgraded shares of AMERCO from a “hold” rating to a “buy” rating in a research note on Monday, September 11th. BidaskClub upgraded shares of AMERCO from a “strong sell” rating to a “sell” rating in a research note on Wednesday, December 6th.
In related news, Director John P. Brogan sold 200 shares of the firm’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $381.16, for a total transaction of $76,232.00. Following the transaction, the director now owns 5,800 shares in the company, valued at $2,210,728. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 42.60% of the stock is owned by company insiders.
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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