Nordea Investment Management AB Reduces Holdings in AMERCO (UHAL)
Nordea Investment Management AB cut its position in AMERCO (NASDAQ:UHAL) by 99.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 331 shares of the transportation company’s stock after selling 32,532 shares during the quarter. Nordea Investment Management AB’s holdings in AMERCO were worth $124,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the business. Toronto Dominion Bank raised its position in shares of AMERCO by 241.2% during the third quarter. Toronto Dominion Bank now owns 290 shares of the transportation company’s stock worth $109,000 after acquiring an additional 205 shares during the last quarter. Riverhead Capital Management LLC raised its position 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 worth $114,000 after acquiring an additional 120 shares during the last quarter. Citigroup Inc. bought a new position in shares of AMERCO during the second quarter worth about $145,000. Blair William & Co. IL bought a new position in shares of AMERCO during the second quarter worth about $201,000. Finally, TD Asset Management Inc. bought a new position in shares of AMERCO during the second quarter worth about $214,000. Hedge funds and other institutional investors own 30.74% of the company’s stock.
Shares of AMERCO (UHAL) opened at $381.12 on Monday. AMERCO has a one year low of $338.30 and a one year high of $400.99. The company has a market capitalization of $7,472.92, a P/E ratio of 22.93 and a beta of 1.11. The company has a debt-to-equity ratio of 1.12, a quick ratio of 2.37 and a current ratio of 2.60.
UHAL has been the subject of several recent analyst reports. ValuEngine raised AMERCO from a “hold” rating to a “buy” rating in a research note on Monday, September 11th. BidaskClub raised AMERCO from a “strong sell” rating to a “sell” rating in a research note on Wednesday, December 6th.
TRADEMARK VIOLATION WARNING: This piece of content was posted by Watch List News and is the property of of Watch List News. If you are accessing this piece of content on another publication, it was stolen and republished in violation of US & international copyright & trademark legislation. The correct version of this piece of content can be viewed at https://www.watchlistnews.com/nordea-investment-management-ab-reduces-holdings-in-amerco-uhal/1757209.html.
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.
Receive News & Ratings for AMERCO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMERCO and related companies with MarketBeat.com's FREE daily email newsletter.