AMERCO (NASDAQ:UHAL – Get Rating) major shareholder Grove Holdings Lp Willow purchased 133,300 shares of AMERCO stock in a transaction that occurred on Wednesday, December 7th. The shares were bought at an average cost of $64.36 per share, for a total transaction of $8,579,188.00. Following the transaction, the insider now directly owns 1,209,000 shares of the company's stock, valued at $77,811,240. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Large shareholders that own 10% or more of a company's stock are required to disclose their sales and purchases with the SEC.
AMERCO Trading Down 2.8 %
Shares of NASDAQ:UHAL opened at $64.37 on Friday. The company has a market capitalization of $12.62 billion, a P/E ratio of 11.98 and a beta of 0.95. AMERCO has a 1 year low of $44.79 and a 1 year high of $73.16. The company has a debt-to-equity ratio of 0.97, a current ratio of 5.20 and a quick ratio of 4.96. The business's 50 day simple moving average is $56.63 and its 200 day simple moving average is $53.02.
Get AMERCO alerts:AMERCO (NASDAQ:UHAL – Get Rating) last issued its earnings results on Wednesday, November 9th. The transportation company reported $1.80 earnings per share for the quarter, missing analysts' consensus estimates of $2.06 by ($0.26). The business had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.91 billion. AMERCO had a net margin of 17.86% and a return on equity of 17.08%. On average, research analysts anticipate that AMERCO will post 5.61 EPS for the current fiscal year.
Analysts Set New Price Targets
Separately, StockNews.com raised AMERCO from a "hold" rating to a "buy" rating in a research report on Tuesday, November 22nd.Institutional Investors Weigh In On AMERCO
Large investors have recently modified their holdings of the business. Wipfli Financial Advisors LLC acquired a new stake in shares of AMERCO in the 3rd quarter valued at $41,000. AdvisorNet Financial Inc boosted its holdings in shares of AMERCO by 37.5% in the 2nd quarter. AdvisorNet Financial Inc now owns 110 shares of the transportation company's stock valued at $53,000 after purchasing an additional 30 shares in the last quarter. CWM LLC boosted its holdings in shares of AMERCO by 1,462.5% in the 2nd quarter. CWM LLC now owns 125 shares of the transportation company's stock valued at $60,000 after purchasing an additional 117 shares in the last quarter. Focused Wealth Management Inc acquired a new stake in shares of AMERCO in the 3rd quarter valued at $76,000. Finally, Signaturefd LLC boosted its holdings in shares of AMERCO by 85.9% in the 3rd quarter. Signaturefd LLC now owns 171 shares of the transportation company's stock valued at $87,000 after purchasing an additional 79 shares in the last quarter.
About AMERCO
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AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.
Further Reading
- Get a free copy of the StockNews.com research report on AMERCO (UHAL)
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