Ameriprise Financial Inc. boosted its holdings in shares of Hertz Global Holdings, Inc (NYSE:HTZ) by 89.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,189 shares of the transportation company’s stock after purchasing an additional 14,752 shares during the period. Ameriprise Financial Inc.’s holdings in Hertz Global Holdings were worth $359,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Hosking Partners LLP increased its holdings in Hertz Global Holdings by 1.7% during the 2nd quarter. Hosking Partners LLP now owns 54,315 shares of the transportation company’s stock valued at $625,000 after purchasing an additional 932 shares in the last quarter. SG Americas Securities LLC increased its holdings in 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 purchasing an additional 1,144 shares in the last quarter. KCG Holdings Inc. increased its holdings in Hertz Global Holdings by 63.3% during the 1st quarter. KCG Holdings Inc. now owns 15,560 shares of the transportation company’s stock valued at $273,000 after purchasing an additional 6,031 shares in the last quarter. KBC Group NV increased its holdings in Hertz Global Holdings by 44.6% during the 2nd quarter. KBC Group NV now owns 22,416 shares of the transportation company’s stock valued at $258,000 after purchasing an additional 6,910 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. increased its holdings in Hertz Global Holdings by 127.8% during the 1st quarter. Nomura Asset Management Co. Ltd. now owns 13,943 shares of the transportation company’s stock valued at $245,000 after purchasing an additional 7,823 shares in the last quarter.

Shares of Hertz Global Holdings, Inc (NYSE HTZ) opened at $17.89 on Wednesday. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 18.38. Hertz Global Holdings, Inc has a 52 week low of $8.52 and a 52 week high of $27.70.

Hertz Global Holdings (NYSE:HTZ) last announced its quarterly earnings data on Thursday, November 9th. The transportation company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.09. Hertz Global Holdings had a negative return on equity of 14.05% and a negative net margin of 8.35%. The business had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.58 billion. During the same period in the previous year, the firm earned $1.58 earnings per share. The firm’s quarterly revenue was up 1.2% compared to the same quarter last year. equities research analysts anticipate that Hertz Global Holdings, Inc will post -1.11 earnings per share for the current fiscal year.

In other Hertz Global Holdings news, SVP Robin Kramer sold 3,524 shares of Hertz Global Holdings stock in a transaction dated 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 this link. Insiders own 0.33% of the company’s stock.

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Several equities research analysts have recently commented on HTZ shares. MKM Partners reissued a “buy” rating and issued a $22.00 target price on shares of Hertz Global Holdings in a research note on Thursday, August 10th. Morgan Stanley cut Hertz Global Holdings from an “equal weight” rating to an “underweight” rating and lifted their target price for the company from $12.00 to $14.00 in a research note on Thursday, September 14th. BidaskClub cut Hertz Global Holdings from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 22nd. Goldman Sachs Group, Inc. (The) reissued a “sell” rating on shares of Hertz Global Holdings in a research note on Thursday, September 7th. Finally, Deutsche Bank AG set a $14.00 target price on Hertz Global Holdings and gave the company a “hold” rating in a research note on Wednesday, August 9th. Five research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. Hertz Global Holdings currently has an average rating of “Hold” and an average target price of $17.43.

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.

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

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