Haverford Financial Services Inc. raised its holdings in shares of AMERCO (NASDAQ:UHAL) by 48.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,075 shares of the transportation company’s stock after acquiring an additional 675 shares during the period. Haverford Financial Services Inc.’s holdings in AMERCO were worth $716,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. OLD Mutual Customised Solutions Proprietary Ltd. grew its position in AMERCO by 200.0% during the fourth quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 300 shares of the transportation company’s stock valued at $113,000 after acquiring an additional 200 shares during the last quarter. Public Employees Retirement Association of Colorado grew its holdings in shares of AMERCO by 106.3% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 326 shares of the transportation company’s stock worth $123,000 after purchasing an additional 168 shares during the last quarter. State of Alaska Department of Revenue bought a new position in shares of AMERCO in the fourth quarter worth approximately $151,000. Two Sigma Securities LLC bought a new position in shares of AMERCO in the fourth quarter worth approximately $226,000. Finally, Parametrica Management Ltd bought a new position in shares of AMERCO in the first quarter worth approximately $335,000. Institutional investors and hedge funds own 35.43% of the company’s stock.
Several brokerages have recently issued reports on UHAL. ValuEngine cut shares of AMERCO from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. BidaskClub upgraded shares of AMERCO from a “sell” rating to a “hold” rating in a report on Tuesday, April 3rd. Finally, CL King began coverage on shares of AMERCO in a report on Thursday, April 5th. They issued a “neutral” rating on the stock.
Shares of AMERCO stock opened at $353.96 on Friday. The company has a current ratio of 3.13, a quick ratio of 2.93 and a debt-to-equity ratio of 0.98. AMERCO has a 52-week low of $351.92 and a 52-week high of $355.50. The company has a market capitalization of $6.95 billion, a PE ratio of 22.67 and a beta of 0.98.
AMERCO operates as a ?do-it-yourself' moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.
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