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.
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.
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.
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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.
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