AMERCO (UHAL) Raised to Sell at BidaskClub

BidaskClub upgraded shares of AMERCO (NASDAQ:UHAL) from a strong sell rating to a sell rating in a report issued on Saturday.

Separately, ValuEngine raised shares of AMERCO from a hold rating to a buy rating in a research note on Thursday, March 1st.

How to Become a New Pot Stock Millionaire

UHAL stock opened at $343.57 on Friday. AMERCO has a fifty-two week low of $326.30 and a fifty-two week high of $400.99. The stock has a market cap of $6,627.43, a price-to-earnings ratio of 8.53 and a beta of 1.04. The company has a debt-to-equity ratio of 0.98, a current ratio of 3.13 and a quick ratio of 2.93.

AMERCO (NASDAQ:UHAL) last announced its quarterly earnings results on Wednesday, February 7th. The transportation company reported $2.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $9.20 by ($6.86). AMERCO had a net margin of 22.22% and a return on equity of 9.96%. The firm had revenue of $842.88 million during the quarter, compared to analyst estimates of $784.80 million. During the same period last year, the firm earned $3.33 EPS. AMERCO’s quarterly revenue was up 6.6% on a year-over-year basis. sell-side analysts expect that AMERCO will post 22.65 earnings per share for the current fiscal year.

The business also recently announced a special dividend, which will be paid on Friday, April 6th. Investors of record on Friday, March 23rd will be paid a $0.50 dividend. The ex-dividend date of this dividend is Thursday, March 22nd.

In related news, Director Karl A. Schmidt bought 1,000 shares of AMERCO stock in a transaction that occurred on Tuesday, February 20th. The stock was purchased at an average cost of $353.97 per share, with a total value of $353,970.00. Following the purchase, the director now owns 1,300 shares in the company, valued at $460,161. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 42.60% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in AMERCO in the 4th quarter worth $155,630,000. Kovitz Investment Group Partners LLC boosted its stake in AMERCO by 2.6% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 139,729 shares of the transportation company’s stock worth $52,805,000 after purchasing an additional 3,579 shares during the period. Goldman Sachs Group Inc. boosted its stake in AMERCO by 44.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 124,014 shares of the transportation company’s stock worth $46,866,000 after purchasing an additional 38,309 shares during the period. Gruss Capital Management LP boosted its stake in AMERCO by 71.7% in the 4th quarter. Gruss Capital Management LP now owns 103,000 shares of the transportation company’s stock worth $38,925,000 after purchasing an additional 43,000 shares during the period. Finally, Janus Henderson Group PLC boosted its stake in AMERCO by 4.6% in the 3rd quarter. Janus Henderson Group PLC now owns 92,541 shares of the transportation company’s stock worth $34,694,000 after purchasing an additional 4,064 shares during the period. 35.30% of the stock is owned by hedge funds and other institutional investors.

WARNING: This piece was first published by Ticker Report and is the property of of Ticker Report. If you are accessing this piece on another site, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this piece can be accessed at https://www.tickerreport.com/banking-finance/3303483/amerco-uhal-raised-to-sell-at-bidaskclub.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.

Latest News

Costco Wholesale  vs. Its Rivals Head to Head Comparison
Costco Wholesale vs. Its Rivals Head to Head Comparison
EZCorp.  Given Consensus Recommendation of “Buy” by Analysts
EZCorp. Given Consensus Recommendation of “Buy” by Analysts
Uniti Group Inc.  Expected to Announce Earnings of $0.63 Per Share
Uniti Group Inc. Expected to Announce Earnings of $0.63 Per Share
WageWorks  Cut to “Hold” at Zacks Investment Research
WageWorks Cut to “Hold” at Zacks Investment Research
Onix  Price Hits $0.0115 on Exchanges
Onix Price Hits $0.0115 on Exchanges
SuperCoin Hits Market Cap of $383,530.00
SuperCoin Hits Market Cap of $383,530.00


© 2006-2018 Ticker Report. Google+.