Fjarde AP Fonden Fourth Swedish National Pension Fund trimmed its holdings in Amerco (NASDAQ:UHAL) by 19.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,343 shares of the transportation company’s stock after selling 548 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Amerco were worth $878,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Royal Bank of Canada raised its position in shares of Amerco by 23.1% during the 2nd quarter. Royal Bank of Canada now owns 10,879 shares of the transportation company’s stock valued at $3,983,000 after buying an additional 2,045 shares during the period. Quantum Capital Management LLC NJ raised its position in shares of Amerco by 16.6% during the 2nd quarter. Quantum Capital Management LLC NJ now owns 21,801 shares of the transportation company’s stock valued at $7,980,000 after buying an additional 3,109 shares during the period. Tobam purchased a new stake in shares of Amerco during the 2nd quarter valued at approximately $303,000. Principal Financial Group Inc. raised its position in shares of Amerco by 32.7% during the 2nd quarter. Principal Financial Group Inc. now owns 234,744 shares of the transportation company’s stock valued at $85,930,000 after buying an additional 57,791 shares during the period. Finally, Gratus Capital LLC purchased a new stake in shares of Amerco during the 2nd quarter valued at approximately $1,270,000. 29.88% of the stock is currently owned by institutional investors and hedge funds.

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Several research firms have recently commented on UHAL. ValuEngine lowered shares of Amerco from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. BidaskClub raised shares of Amerco from a “buy” rating to a “strong-buy” rating in a research report on Monday, July 31st.

Shares of Amerco (UHAL) opened at $354.87 on Friday. The company has a market cap of $6,958.22, a P/E ratio of 21.35 and a beta of 1.15. The company has a current ratio of 2.60, a quick ratio of 2.37 and a debt-to-equity ratio of 1.12. Amerco has a 12-month low of $338.30 and a 12-month high of $400.99.

Amerco (NASDAQ:UHAL) last released its quarterly earnings results on Wednesday, November 8th. The transportation company reported $6.36 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $7.18 by ($0.82). The firm had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $975.90 million. Amerco had a net margin of 9.30% and a return on equity of 11.28%. The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $9.01 EPS. analysts forecast that Amerco will post 22.6 earnings per share for the current year.

About Amerco

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.

Institutional Ownership by Quarter for Amerco (NASDAQ:UHAL)

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