Amerco (NASDAQ:UHAL) has earned an average broker rating score of 2.00 (Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a buy rating.

Brokerages have set a one year consensus price objective of $405.00 for the company and are predicting that the company will post $6.46 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Amerco an industry rank of 118 out of 265 based on the ratings given to related companies.

Separately, BidaskClub downgraded Amerco from a “buy” rating to a “hold” rating in a report on Thursday, June 22nd.

Shares of Amerco (UHAL) traded up 0.09% during trading on Tuesday, hitting $364.26. 33,667 shares of the stock traded hands. Amerco has a 52 week low of $307.80 and a 52 week high of $399.16. The company has a 50-day moving average of $358.73 and a 200-day moving average of $369.31. The firm has a market cap of $7.14 billion, a P/E ratio of 17.91 and a beta of 1.09.

Amerco (NASDAQ:UHAL) last issued its earnings results on Wednesday, May 24th. The transportation company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $2.00 by $1.51. Amerco had a return on equity of 14.02% and a net margin of 11.64%. The firm had revenue of $708.80 million for the quarter, compared to analyst estimates of $702.54 million. During the same period in the previous year, the company earned $2.68 earnings per share. Amerco’s revenue for the quarter was up 3.8% compared to the same quarter last year. On average, analysts forecast that Amerco will post $22.00 EPS for the current fiscal year.

The firm also recently disclosed a special dividend, which will be paid on Thursday, August 3rd. Shareholders of record on Thursday, July 20th will be paid a $1.00 dividend. The ex-dividend date is Tuesday, July 18th.

In other Amerco news, major shareholder Grove Holdings Lp Willow acquired 2,000 shares of Amerco stock in a transaction on Tuesday, May 30th. The stock was purchased at an average price of $352.87 per share, for a total transaction of $705,740.00. Following the purchase, the insider now directly owns 7,562,884 shares of the company’s stock, valued at $2,668,714,877.08. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 52.00% of the stock is owned by corporate insiders.

Several hedge funds and other institutional investors have recently modified their holdings of UHAL. Parametrica Management Ltd purchased a new position in shares of Amerco during the first quarter worth approximately $353,000. Pennsylvania Trust Co purchased a new position in shares of Amerco during the first quarter worth approximately $200,000. Douglass Winthrop Advisors LLC purchased a new position in shares of Amerco during the first quarter worth approximately $419,000. Denali Advisors LLC boosted its position in shares of Amerco by 12.9% in the first quarter. Denali Advisors LLC now owns 39,500 shares of the transportation company’s stock worth $15,057,000 after buying an additional 4,500 shares in the last quarter. Finally, Macquarie Group Ltd. purchased a new position in shares of Amerco during the fourth quarter worth approximately $148,000. 29.24% of the stock is currently 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 and eMove Websites.

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