Mitsubishi UFJ Trust & Banking Corp maintained its position in shares of Hertz Global Holdings, Inc (NYSE:HTZ) during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 13,582 shares of the transportation company’s stock at the end of the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Hertz Global Holdings were worth $156,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Segantii Capital Management Ltd purchased a new stake in shares of Hertz Global Holdings in the 1st quarter worth $167,000. Nisa Investment Advisors LLC purchased a new stake in shares of Hertz Global Holdings in the 1st quarter worth $174,000. OLD Mutual Customised Solutions Proprietary Ltd. increased its stake in shares of Hertz Global Holdings by 146.0% in the 1st quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 9,940 shares of the transportation company’s stock worth $174,000 after purchasing an additional 5,900 shares in the last quarter. Karp Capital Management Corp purchased a new stake in shares of Hertz Global Holdings in the 1st quarter worth $211,000. Finally, Suntrust Banks Inc. increased its stake in shares of Hertz Global Holdings by 3.5% in the 1st quarter. Suntrust Banks Inc. now owns 12,822 shares of the transportation company’s stock worth $224,000 after purchasing an additional 434 shares in the last quarter.

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Shares of Hertz Global Holdings, Inc (NYSE:HTZ) opened at 23.18 on Monday. The stock’s market cap is $1.94 billion. Hertz Global Holdings, Inc has a 52 week low of $8.52 and a 52 week high of $51.44. The firm has a 50-day moving average price of $17.81 and a 200-day moving average price of $15.50.

Hertz Global Holdings (NYSE:HTZ) last released its quarterly earnings data on Tuesday, August 8th. The transportation company reported ($0.63) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by $0.51. Hertz Global Holdings had a negative net margin of 8.96% and a negative return on equity of 10.27%. The firm had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.22 billion. During the same period in the previous year, the firm posted $0.41 EPS. The firm’s quarterly revenue was down 2.0% on a year-over-year basis. On average, equities analysts anticipate that Hertz Global Holdings, Inc will post ($1.60) earnings per share for the current year.

HTZ has been the subject of several analyst reports. BidaskClub upgraded Hertz Global Holdings from a “hold” rating to a “buy” rating in a research note on Monday, July 31st. MKM Partners restated a “buy” rating and issued a $22.00 price objective on shares of Hertz Global Holdings in a research note on Wednesday, June 28th. Zacks Investment Research upgraded Hertz Global Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Barclays PLC set a $9.00 price objective on Hertz Global Holdings and gave the stock a “hold” rating in a research note on Sunday, May 14th. Finally, Deutsche Bank AG set a $14.00 price objective on Hertz Global Holdings and gave the stock a “hold” rating in a research note on Wednesday, August 9th. Five analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $16.57.

About Hertz Global Holdings

Herc Holdings Inc, formerly Hertz Global Holdings, Inc, is a holding company. The Company is engaged principally in the business of renting and leasing of cars through its Hertz, Dollar, Thrifty and Firefly brands, and equipment through its Hertz Equipment Rental brand. It operates through four segments: U.S.

Institutional Ownership by Quarter for Hertz Global Holdings (NYSE:HTZ)

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