Boston Advisors LLC maintained its position in Amerco (NASDAQ:UHAL) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,540 shares of the company’s stock at the end of the second quarter. Boston Advisors LLC’s holdings in Amerco were worth $951,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. Genesee Valley Trust Co. boosted its stake in shares of Amerco by 9.5% in the second quarter. Genesee Valley Trust Co. now owns 677 shares of the company’s stock worth $254,000 after buying an additional 59 shares during the last quarter. LS Investment Advisors LLC boosted its stake in shares of Amerco by 8.7% in the second quarter. LS Investment Advisors LLC now owns 526 shares of the company’s stock worth $197,000 after buying an additional 42 shares during the last quarter. Nordea Investment Management AB boosted its stake in shares of Amerco by 348.4% in the second quarter. Nordea Investment Management AB now owns 26,455 shares of the company’s stock worth $9,909,000 after buying an additional 20,555 shares during the last quarter. James Investment Research Inc. boosted its stake in shares of Amerco by 4.7% in the second quarter. James Investment Research Inc. now owns 212,357 shares of the company’s stock worth $79,538,000 after buying an additional 9,485 shares during the last quarter. Finally, Punch & Associates Investment Management Inc. boosted its stake in shares of Amerco by 1.3% in the second quarter. Punch & Associates Investment Management Inc. now owns 25,131 shares of the company’s stock worth $9,413,000 after buying an additional 322 shares during the last quarter. Hedge funds and other institutional investors own 28.15% of the company’s stock.
Shares of Amerco (NASDAQ:UHAL) traded down 0.98% during midday trading on Monday, reaching $321.06. The company’s stock had a trading volume of 54,817 shares. The company has a 50-day moving average price of $337.42 and a 200-day moving average price of $358.29. Amerco has a 12 month low of $305.66 and a 12 month high of $436.89. The firm has a market cap of $6.30 billion, a price-to-earnings ratio of 13.53 and a beta of 1.38.
Amerco (NASDAQ:UHAL) last released its quarterly earnings data on Wednesday, August 3rd. The company reported $7.51 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $8.72 by $1.21. Amerco had a net margin of 14.03% and a return on equity of 19.28%. The business had revenue of $923.40 million for the quarter, compared to the consensus estimate of $941.32 million. During the same quarter last year, the firm earned $8.74 EPS. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. Equities analysts expect that Amerco will post $23.64 earnings per share for the current year.
Separately, CL King cut Amerco from a “strong-buy” rating to a “buy” rating and decreased their target price for the stock from $449.00 to $405.00 in a research report on Friday, August 5th.
In other news, Director Daniel Robert Mullen sold 1,000 shares of Amerco stock in a transaction dated Thursday, August 11th. The stock was sold at an average price of $352.00, for a total transaction of $352,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 52.00% of the company’s stock.
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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