Amerco (UHAL) Shares Bought by Swiss National Bank
Swiss National Bank grew its holdings in shares of Amerco (NASDAQ:UHAL) by 4.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,200 shares of the transportation company’s stock after buying an additional 1,000 shares during the period. Swiss National Bank owned 0.13% of Amerco worth $9,225,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Investment House LLC increased its stake in shares of Amerco by 6.7% during the first quarter. Investment House LLC now owns 795 shares of the transportation company’s stock valued at $303,000 after buying an additional 50 shares during the period. Tobam bought a new stake in shares of Amerco during the second quarter valued at approximately $303,000. Tredje AP fonden boosted its position in shares of Amerco by 62.3% during the first quarter. Tredje AP fonden now owns 2,009 shares of the transportation company’s stock valued at $766,000 after purchasing an additional 771 shares in the last quarter. KBC Group NV boosted its position in shares of Amerco by 148.9% during the first quarter. KBC Group NV now owns 702 shares of the transportation company’s stock valued at $268,000 after purchasing an additional 420 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its position in shares of Amerco by 6.3% during the first quarter. Schwab Charles Investment Management Inc. now owns 21,552 shares of the transportation company’s stock valued at $8,216,000 after purchasing an additional 1,275 shares in the last quarter. 30.03% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Amerco (NASDAQ UHAL) opened at 386.09 on Thursday. The company has a market capitalization of $7.57 billion, a price-to-earnings ratio of 20.03 and a beta of 1.12. The company’s 50 day moving average price is $376.99 and its 200 day moving average price is $368.94. Amerco has a 52-week low of $307.80 and a 52-week high of $398.94.
Amerco (NASDAQ:UHAL) last issued its quarterly earnings results on Wednesday, August 9th. The transportation company reported $6.44 earnings per share for the quarter, missing the consensus estimate of $6.46 by ($0.02). Amerco had a return on equity of 12.85% and a net margin of 10.92%. The business had revenue of $957.93 million during the quarter, compared to analysts’ expectations of $943.57 million. During the same quarter in the previous year, the company posted $7.51 earnings per share. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. On average, analysts predict that Amerco will post $20.36 EPS for the current year.
Several research firms recently weighed in on UHAL. BidaskClub lowered Amerco from a “buy” rating to a “hold” rating in a research report on Thursday, June 22nd. ValuEngine upgraded Amerco from a “hold” rating to a “buy” rating in a research report on Monday.
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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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